GIBIX vs. SAOAX
Compare and contrast key facts about Guggenheim Total Return Bond Fund (GIBIX) and Guggenheim Alpha Opportunity Fund (SAOAX).
GIBIX is managed by Guggenheim. It was launched on Nov 30, 2011. SAOAX is managed by Guggenheim. It was launched on Jul 6, 2003.
Performance
GIBIX vs. SAOAX - Performance Comparison
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GIBIX vs. SAOAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIBIX Guggenheim Total Return Bond Fund | -0.52% | 8.22% | 3.18% | 7.45% | -16.38% | -0.58% | 14.94% | 4.45% | 0.89% | 6.50% |
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
In the year-to-date period, GIBIX achieves a -0.52% return, which is significantly lower than SAOAX's 10.98% return. Both investments have delivered pretty close results over the past 10 years, with GIBIX having a 2.96% annualized return and SAOAX not far ahead at 2.97%.
GIBIX
- 1D
- 0.21%
- 1M
- -1.85%
- YTD
- -0.52%
- 6M
- 0.34%
- 1Y
- 4.30%
- 3Y*
- 4.73%
- 5Y*
- 0.59%
- 10Y*
- 2.96%
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%
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GIBIX vs. SAOAX - Expense Ratio Comparison
GIBIX has a 0.50% expense ratio, which is lower than SAOAX's 1.76% expense ratio.
Return for Risk
GIBIX vs. SAOAX — Risk / Return Rank
GIBIX
SAOAX
GIBIX vs. SAOAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Total Return Bond Fund (GIBIX) 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.
| GIBIX | SAOAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.09 | 0.08 | +1.01 |
Sortino ratioReturn per unit of downside risk | 1.57 | 0.63 | +0.93 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.27 | -0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 0.19 | +1.73 |
Martin ratioReturn relative to average drawdown | 5.96 | 0.96 | +5.00 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| GIBIX | SAOAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.09 | 0.08 | +1.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.10 | 0.17 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.14 | +0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 0.30 | +0.62 |
Correlation
The correlation between GIBIX and SAOAX is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
GIBIX vs. SAOAX - Dividend Comparison
GIBIX's dividend yield for the trailing twelve months is around 4.66%, more than SAOAX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIBIX Guggenheim Total Return Bond Fund | 4.66% | 5.03% | 4.71% | 4.44% | 3.08% | 3.36% | 4.80% | 2.38% | 3.25% | 3.38% | 4.68% | 4.39% |
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
GIBIX vs. SAOAX - Drawdown Comparison
The maximum GIBIX drawdown since its inception was -21.44%, smaller than the maximum SAOAX drawdown of -52.28%. Use the drawdown chart below to compare losses from any high point for GIBIX and SAOAX.
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Drawdown Indicators
| GIBIX | SAOAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.44% | -52.28% | +30.84% |
Max Drawdown (1Y)Largest decline over 1 year | -2.99% | -6.53% | +3.54% |
Max Drawdown (5Y)Largest decline over 5 years | -21.44% | -35.90% | +14.46% |
Max Drawdown (10Y)Largest decline over 10 years | -21.44% | -35.90% | +14.46% |
Current DrawdownCurrent decline from peak | -2.30% | 0.00% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -3.44% | -8.77% | +5.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 6.97% | -6.01% |
Volatility
GIBIX vs. SAOAX - Volatility Comparison
The current volatility for Guggenheim Total Return Bond Fund (GIBIX) is 1.58%, while Guggenheim Alpha Opportunity Fund (SAOAX) has a volatility of 2.89%. This indicates that GIBIX experiences smaller price fluctuations and is considered to be less risky than SAOAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIBIX | SAOAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 2.89% | -1.31% |
Volatility (6M)Calculated over the trailing 6-month period | 2.54% | 6.07% | -3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.34% | 61.24% | -56.90% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.81% | 28.68% | -22.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.74% | 21.13% | -16.39% |