ET vs. GOF
ET (Energy Transfer LP) is a stock, while GOF (Guggenheim Strategic Opportunities Fund) is Multisector Bonds fund actively managed by Guggenheim. Over the past 10 years, ET returned 10.65%/yr vs 7.48%/yr for GOF. At a 0.24 correlation, their price movements are largely independent.
Performance
ET vs. GOF - Performance Comparison
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Returns By Period
In the year-to-date period, ET achieves a 27.45% return, which is significantly higher than GOF's -7.57% return. Over the past 10 years, ET has outperformed GOF with an annualized return of 10.65%, while GOF has yielded a comparatively lower 7.48% annualized return.
ET
- 1D
- -0.20%
- 1M
- 8.16%
- 6M
- 21.13%
- YTD
- 27.45%
- 1Y
- 25.06%
- 3Y*
- 25.05%
- 5Y*
- 24.73%
- 10Y*
- 10.65%
- ALL TIME*
- 13.86%
GOF
- 1D
- -0.28%
- 1M
- 1.13%
- 6M
- -8.08%
- YTD
- -7.57%
- 1Y
- -14.57%
- 3Y*
- 2.30%
- 5Y*
- 0.49%
- 10Y*
- 7.48%
- ALL TIME*
- 8.90%
ET vs. GOF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 27.45% | -9.37% | 53.87% | 27.87% | 55.74% | 42.96% | -44.92% | 5.88% | -17.74% | -4.66% |
GOF Guggenheim Strategic Opportunities Fund | -7.57% | -1.92% | 38.04% | -3.04% | -5.78% | 4.90% | 21.51% | 10.51% | -5.95% | 22.01% |
Correlation
The correlation between ET and GOF is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.02 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.24 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.23 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2007 | 0.24 |
The correlation between ET and GOF shifts across timeframes, from -0.02 (1 year) to 0.24 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
ET vs. GOF — Risk / Return Rank
ET
GOF
ET vs. GOF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Energy Transfer LP (ET) and Guggenheim Strategic Opportunities Fund (GOF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ET | GOF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.35 | ||
| Sortino ratioReturn per unit of downside risk | +3.29 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 0.85 | +0.41 |
| Calmar ratioReturn relative to maximum drawdown | 2.93 | -0.63 | +3.56 |
| Martin ratioReturn relative to average drawdown | 6.38 | -1.07 | +7.45 |
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Drawdowns
ET vs. GOF - Drawdown Comparison
The maximum ET drawdown since its inception was -87.81%, which is greater than GOF's maximum drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for ET and GOF.
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Drawdown Indicators
| ET | GOF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.81% | -54.66% | -33.15% |
Max Drawdown (1Y)Largest decline over 1 year | -8.59% | -23.24% | +14.65% |
Max Drawdown (3Y)Largest decline over 3 years | -24.56% | -28.56% | +4.00% |
Max Drawdown (5Y)Largest decline over 5 years | -24.56% | -32.41% | +7.85% |
Max Drawdown (10Y)Largest decline over 10 years | -72.82% | -38.50% | -34.32% |
Current DrawdownCurrent decline from peak | -0.54% | -17.67% | +17.13% |
Average DrawdownAverage peak-to-trough decline | -25.63% | -7.12% | -18.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.94% | 13.68% | -9.74% |
Volatility
ET vs. GOF - Volatility Comparison
Energy Transfer LP (ET) has a higher volatility of 5.26% compared to Guggenheim Strategic Opportunities Fund (GOF) at 3.07%. This indicates that ET's price experiences larger fluctuations and is considered to be riskier than GOF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ET | GOF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.26% | 3.07% | +2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 12.38% | 10.60% | +1.78% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.37% | 18.18% | -1.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.40% | 18.18% | +6.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.30% | 19.53% | +14.77% |
Dividends
ET vs. GOF - Dividend Comparison
ET's dividend yield for the trailing twelve months is around 6.58%, less than GOF's 20.50% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ET Energy Transfer LP | 6.58% | 7.97% | 6.51% | 8.95% | 7.33% | 7.41% | 17.27% | 9.51% | 9.24% | 6.66% | 5.90% | 7.42% |
GOF Guggenheim Strategic Opportunities Fund | 20.50% | 16.97% | 14.32% | 17.07% | 14.36% | 11.93% | 11.26% | 12.08% | 11.96% | 10.13% | 11.13% | 12.98% |
Frequently Asked Questions
ET and GOF have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ET has higher volatility (5.26%) compared to GOF (3.07%). In terms of maximum drawdown, ET dropped -87.81% vs GOF's -54.66%.
ET currently has the higher Sharpe Ratio (1.54 vs -0.81), 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.
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