COAGX vs. SAOAX

Last updated Apr 3, 2026

Compare and contrast key facts about Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Guggenheim Alpha Opportunity Fund (SAOAX).

COAGX is managed by Caldwell & Orkin. It was launched on Aug 23, 1992. SAOAX is managed by Guggenheim. It was launched on Jul 6, 2003.

Performance

COAGX vs. SAOAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Guggenheim Alpha Opportunity Fund (SAOAX). The values are adjusted to include any dividend payments, if applicable.

COAGX vs. SAOAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	3.61%	17.44%	35.58%	31.98%	-7.18%	27.17%	11.06%	24.20%	-15.53%	0.93%
SAOAX Guggenheim Alpha Opportunity Fund	10.98%	-2.00%	10.49%	8.81%	-8.66%	14.38%	0.17%	-2.26%	-11.25%	7.48%

Returns By Period

COAGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SAOAX

• 1D: 0.77%
• 1M: 0.29%
• YTD: 10.98%
• 6M: 12.29%
• 1Y: 3.61%
• 3Y*: 8.23%
• 5Y*: 4.80%
• 10Y*: 2.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

COAGX vs. SAOAX - Expense Ratio Comparison

COAGX has a 2.00% expense ratio, which is higher than SAOAX's 1.76% expense ratio.

COAGX

Caldwell & Orkin - Gator Capital Long/Short Fund

SAOAX

Guggenheim Alpha Opportunity Fund

Return for Risk

COAGX vs. SAOAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SAOAX

SAOAX Risk / Return Rank: 19
SAOAX Sharpe Ratio Rank: 5
SAOAX Sortino Ratio Rank: 10
SAOAX Omega Ratio Rank: 65
SAOAX Calmar Ratio Rank: 7
SAOAX Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COAGX vs. SAOAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Caldwell & Orkin - Gator Capital Long/Short Fund (COAGX) and Guggenheim Alpha Opportunity Fund (SAOAX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	COAGX	SAOAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.08	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.17	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.14	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.30	—

Correlation

The correlation between COAGX and SAOAX is 0.31, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

COAGX vs. SAOAX - Dividend Comparison

COAGX has not paid dividends to shareholders, while SAOAX's dividend yield for the trailing twelve months is around 0.64%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
COAGX Caldwell & Orkin - Gator Capital Long/Short Fund	0.00%	0.00%	0.81%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	5.81%
SAOAX Guggenheim Alpha Opportunity Fund	0.64%	0.71%	1.06%	0.62%	0.72%	0.82%	1.22%	0.92%	1.17%	7.07%	0.03%	0.00%

Drawdowns

Drawdown Indicators

	COAGX	SAOAX	Difference
Max Drawdown Largest peak-to-trough decline	—	-52.28%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.53%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.90%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.90%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-8.77%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.97%	—

Volatility

Volatility by Period

	COAGX	SAOAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.89%	—
Volatility (6M) Calculated over the trailing 6-month period	—	6.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	61.24%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	28.68%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.13%	—