Guggenheim Strategic Opportunities Fund (GOF) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with GOF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to GOF
GOF charges 1.89% annually. There are 85 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | GOF vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | GOF vs VMSAX | |
| JPMorgan Income Fund | 0.40% | — | Jun 2014 | GOF vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | GOF vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | GOF vs MOFIX |
Best Risk-Adjusted Alternatives to GOF
GOF has a PortfoliosLab risk / return rank of 1. There are 91 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | GOF vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | GOF vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | GOF vs BWDTX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | GOF vs RFXIX | |
| Intrepid Income Fund | 97 | — | Jul 2007 | GOF vs ICMUX |
Top Performing GOF Alternatives (YTD)
GOF is at -7.25% YTD. There are 91 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 4.98%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 4.98% | — | Jan 2011 | GOF vs ACP | |
| Saba Capital Income & Opportunities Fund | 4.46% | — | Dec 1987 | GOF vs BRW | |
| Western Asset Diversified Income Fund | 3.94% | — | Jun 2021 | GOF vs WDI | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.18% | — | May 2016 | GOF vs LFLIX | |
| Intrepid Income Fund | 2.73% | — | Jul 2007 | GOF vs ICMUX |
Lowest Volatility Alternatives to GOF
GOF has 18.14% 1-year volatility. There are 90 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.18%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.18% | — | Nov 2015 | GOF vs NWXHX | |
| Nationwide Strategic Income A | 1.23% | — | Nov 2015 | GOF vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.30% | — | Jul 2016 | GOF vs BWDTX | |
| Rational Special Situations Income Fund | 1.40% | — | Jul 2019 | GOF vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | 1.41% | — | Jan 2018 | GOF vs CBLDX |
Lowest Drawdown Alternatives to GOF
GOF has a 1-year max drawdown of -23.24%. There are 90 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | GOF vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | GOF vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | GOF vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | GOF vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | GOF vs BWDTX |
Other Mutual Funds from Guggenheim
The 10 most viewed Guggenheim mutual funds shown here include RYOCX, GIBIX, GILHX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Rydex NASDAQ-100 Fund Investor Class | Large Cap Growth Equities | 46 | 15.55% | — | Feb 1994 | GOF vs RYOCX | |
| Guggenheim Total Return Bond Fund | Intermediate Core-Plus Bond | 27 | -0.06% | — | Nov 2011 | GOF vs GIBIX | |
| Guggenheim Limited Duration Fund | Short-Term Bond | 91 | 1.00% | — | Dec 2013 | GOF vs GILHX | |
| Guggenheim Macro Opportunities Fund | Nontraditional Bonds | 77 | 0.96% | — | Nov 2011 | GOF vs GIOIX | |
| Guggenheim High Yield Fund | High Yield Bonds | 42 | 1.09% | — | Aug 1996 | GOF vs SIHAX | |
| Guggenheim StylePlus - Large Core Fund | Large Cap Blend Equities | 57 | 11.78% | — | Sep 1962 | GOF vs SECEX | |
| Guggenheim Managed Futures Strategy Fund | Systematic Trend | 55 | 6.81% | — | Mar 2007 | GOF vs RYMTX | |
| Rydex Monthly Rebalance NASDAQ-100 2x Strategy H | Leveraged Equities | 40 | 26.83% | — | Nov 2014 | GOF vs RMQHX | |
| Guggenheim Directional Allocation Fund | Large Cap Growth Equities | 60 | 9.79% | — | Jun 2012 | GOF vs TVRIX | |
| Guggenheim Core Bond Fund Institutional Class | Total Bond Market | 25 | -0.11% | — | — | GOF vs GIUSX |
Often Compared With GOF
Investors most often compare GOF with PDI, JEPQ, SCHD. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare GOF with Any Fund or Stock
Compare GOF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair GOF with funds that move differently
Guggenheim Strategic Opportunities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to GOF.
Explore GOF Diversifiers