DNP vs. SGOV
DNP (DNP Select Income Fund Inc.) is a stock, while SGOV (iShares 0-3 Month Treasury Bond ETF) is Ultrashort Bond fund tracking the ICE 0-3 Month US Treasury Securities Index. Over the past 5 years, DNP returned 8.37%/yr vs 3.54%/yr for SGOV. At a correlation of -0.05, they often move in opposite directions.
Performance
DNP vs. SGOV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DNP achieves a 9.86% return, which is significantly higher than SGOV's 1.51% return.
DNP
- 1D
- 0.09%
- 1M
- 0.99%
- YTD
- 9.86%
- 6M
- 9.48%
- 1Y
- 17.33%
- 3Y*
- 9.83%
- 5Y*
- 8.37%
- 10Y*
- 8.07%
SGOV
- 1D
- 0.01%
- 1M
- 0.29%
- YTD
- 1.51%
- 6M
- 1.80%
- 1Y
- 3.95%
- 3Y*
- 4.72%
- 5Y*
- 3.54%
- 10Y*
- —
DNP vs. SGOV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
DNP DNP Select Income Fund Inc. | 9.86% | 22.61% | 13.36% | -18.56% | 10.96% | 14.05% | -4.13% |
SGOV iShares 0-3 Month Treasury Bond ETF | 1.51% | 4.24% | 5.27% | 5.12% | 1.58% | 0.04% | 0.05% |
Correlation
The correlation between DNP and SGOV is -0.20, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.06 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.05 |
Correlation (All Time) Calculated using the full available price history since May 29, 2020 | -0.05 |
The correlation between DNP and SGOV shifts across timeframes, from -0.20 (1 year) to -0.05 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DNP vs. SGOV — Risk / Return Rank
DNP
SGOV
DNP vs. SGOV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for DNP Select Income Fund Inc. (DNP) and iShares 0-3 Month Treasury Bond ETF (SGOV). 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.
| DNP | SGOV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -18.50 | ||
| Sortino ratioReturn per unit of downside risk | -273.15 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 195.55 | -194.23 |
| Calmar ratioReturn relative to maximum drawdown | 2.71 | 398.20 | -395.49 |
| Martin ratioReturn relative to average drawdown | 11.43 | 4,462.00 | -4,450.57 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| DNP | SGOV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 20.28 | -18.50 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 14.73 | -14.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.47 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 12.48 | -12.15 |
Drawdowns
DNP vs. SGOV - Drawdown Comparison
The maximum DNP drawdown since its inception was -48.49%, which is greater than SGOV's maximum drawdown of -0.03%. Use the drawdown chart below to compare losses from any high point for DNP and SGOV.
Loading charts...
Drawdown Indicators
| DNP | SGOV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.49% | -0.03% | -48.46% |
Max Drawdown (1Y)Largest decline over 1 year | -6.42% | -0.01% | -6.41% |
Max Drawdown (3Y)Largest decline over 3 years | -18.29% | -0.01% | -18.28% |
Max Drawdown (5Y)Largest decline over 5 years | -24.31% | -0.03% | -24.28% |
Max Drawdown (10Y)Largest decline over 10 years | -39.56% | — | — |
Current DrawdownCurrent decline from peak | -1.70% | 0.00% | -1.70% |
Average DrawdownAverage peak-to-trough decline | -8.53% | -0.00% | -8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.53% | 0.00% | +1.53% |
Volatility
DNP vs. SGOV - Volatility Comparison
DNP Select Income Fund Inc. (DNP) has a higher volatility of 3.19% compared to iShares 0-3 Month Treasury Bond ETF (SGOV) at 0.05%. This indicates that DNP's price experiences larger fluctuations and is considered to be riskier than SGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DNP | SGOV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.19% | 0.05% | +3.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.82% | 0.13% | +7.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.76% | 0.20% | +9.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.51% | 0.24% | +14.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.13% | 0.24% | +16.89% |
Dividends
DNP vs. SGOV - Dividend Comparison
DNP's dividend yield for the trailing twelve months is around 7.33%, more than SGOV's 3.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DNP DNP Select Income Fund Inc. | 7.33% | 7.81% | 8.84% | 9.20% | 6.93% | 7.18% | 7.60% | 6.11% | 7.50% | 7.22% | 7.62% | 8.71% |
SGOV iShares 0-3 Month Treasury Bond ETF | 3.86% | 4.10% | 5.10% | 4.87% | 1.45% | 0.03% | 0.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DNP and SGOV have a correlation of -0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DNP has higher volatility (3.19%) compared to SGOV (0.05%). In terms of maximum drawdown, DNP dropped -48.49% vs SGOV's -0.03%.
SGOV currently has the higher Sharpe Ratio (20.28 vs 1.78), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for DNP and SGOV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer