GIFIX vs. GIBIX
Compare and contrast key facts about Guggenheim Floating Rate Strategies Fund (GIFIX) and Guggenheim Total Return Bond Fund (GIBIX).
GIFIX is an actively managed fund by Guggenheim. It was launched on Nov 29, 2011. GIBIX is managed by Guggenheim. It was launched on Nov 30, 2011.
Performance
GIFIX vs. GIBIX - Performance Comparison
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GIFIX vs. GIBIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GIFIX Guggenheim Floating Rate Strategies Fund | -1.13% | 4.13% | 7.22% | 13.03% | -2.05% | 4.55% | 1.36% | 6.69% | -0.14% | 3.63% |
GIBIX Guggenheim Total Return Bond Fund | -0.73% | 8.22% | 3.18% | 7.45% | -16.38% | -0.58% | 14.94% | 4.45% | 0.89% | 6.50% |
Returns By Period
In the year-to-date period, GIFIX achieves a -1.13% return, which is significantly lower than GIBIX's -0.73% return. Over the past 10 years, GIFIX has outperformed GIBIX with an annualized return of 4.28%, while GIBIX has yielded a comparatively lower 2.94% annualized return.
GIFIX
- 1D
- -0.04%
- 1M
- -0.22%
- YTD
- -1.13%
- 6M
- -0.20%
- 1Y
- 2.65%
- 3Y*
- 6.43%
- 5Y*
- 4.79%
- 10Y*
- 4.28%
GIBIX
- 1D
- 0.51%
- 1M
- -2.50%
- YTD
- -0.73%
- 6M
- 0.34%
- 1Y
- 4.43%
- 3Y*
- 4.66%
- 5Y*
- 0.65%
- 10Y*
- 2.94%
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GIFIX vs. GIBIX - Expense Ratio Comparison
GIFIX has a 0.78% expense ratio, which is higher than GIBIX's 0.50% expense ratio.
Return for Risk
GIFIX vs. GIBIX — Risk / Return Rank
GIFIX
GIBIX
GIFIX vs. GIBIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Floating Rate Strategies Fund (GIFIX) and Guggenheim Total Return Bond Fund (GIBIX). 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.
| GIFIX | GIBIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.16 | 0.00 |
Sortino ratioReturn per unit of downside risk | 2.08 | 1.68 | +0.40 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.21 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.82 | -0.33 |
Martin ratioReturn relative to average drawdown | 5.34 | 5.70 | -0.37 |
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
| GIFIX | GIBIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.16 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.81 | 0.11 | +1.70 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.29 | 0.62 | +0.66 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.58 | 0.91 | +0.67 |
Correlation
The correlation between GIFIX and GIBIX is 0.18, 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
GIFIX vs. GIBIX - Dividend Comparison
GIFIX's dividend yield for the trailing twelve months is around 6.71%, more than GIBIX's 4.67% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIFIX Guggenheim Floating Rate Strategies Fund | 6.71% | 7.40% | 8.47% | 8.34% | 3.64% | 2.91% | 3.78% | 4.38% | 4.71% | 3.83% | 4.10% | 4.85% |
GIBIX Guggenheim Total Return Bond Fund | 4.67% | 5.03% | 4.71% | 4.44% | 3.08% | 3.36% | 4.80% | 2.38% | 3.25% | 3.38% | 4.68% | 4.39% |
Drawdowns
GIFIX vs. GIBIX - Drawdown Comparison
The maximum GIFIX drawdown since its inception was -19.03%, smaller than the maximum GIBIX drawdown of -21.44%. Use the drawdown chart below to compare losses from any high point for GIFIX and GIBIX.
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Drawdown Indicators
| GIFIX | GIBIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.03% | -21.44% | +2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -1.97% | -2.99% | +1.02% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -21.44% | +15.14% |
Max Drawdown (10Y)Largest decline over 10 years | -19.03% | -21.44% | +2.41% |
Current DrawdownCurrent decline from peak | -1.26% | -2.50% | +1.24% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -3.44% | +2.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.95% | -0.39% |
Volatility
GIFIX vs. GIBIX - Volatility Comparison
The current volatility for Guggenheim Floating Rate Strategies Fund (GIFIX) is 0.53%, while Guggenheim Total Return Bond Fund (GIBIX) has a volatility of 1.59%. This indicates that GIFIX experiences smaller price fluctuations and is considered to be less risky than GIBIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIFIX | GIBIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 1.59% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 1.61% | 2.53% | -0.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 4.34% | -1.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 5.81% | -3.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.34% | 4.74% | -1.40% |