GIFIX vs. GILHX
Compare and contrast key facts about Guggenheim Floating Rate Strategies Fund (GIFIX) and Guggenheim Limited Duration Fund (GILHX).
GIFIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011. GILHX is managed by Guggenheim. It was launched on Dec 16, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIFIX or GILHX.
Correlation
The correlation between GIFIX and GILHX is 0.04, 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.
Performance
GIFIX vs. GILHX - Performance Comparison
Key characteristics
GIFIX:
1.44
GILHX:
3.17
GIFIX:
2.72
GILHX:
5.99
GIFIX:
1.50
GILHX:
1.78
GIFIX:
1.23
GILHX:
7.18
GIFIX:
5.31
GILHX:
20.73
GIFIX:
0.71%
GILHX:
0.30%
GIFIX:
2.62%
GILHX:
1.93%
GIFIX:
-19.03%
GILHX:
-7.82%
GIFIX:
-1.66%
GILHX:
-0.37%
Returns By Period
In the year-to-date period, GIFIX achieves a -0.88% return, which is significantly lower than GILHX's 1.10% return. Over the past 10 years, GIFIX has outperformed GILHX with an annualized return of 4.16%, while GILHX has yielded a comparatively lower 2.75% annualized return.
GIFIX
-0.88%
0.89%
0.55%
3.77%
7.38%
4.16%
GILHX
1.10%
-0.33%
1.93%
5.64%
2.94%
2.75%
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GIFIX vs. GILHX - Expense Ratio Comparison
GIFIX has a 0.78% expense ratio, which is higher than GILHX's 0.49% expense ratio.
Risk-Adjusted Performance
GIFIX vs. GILHX — Risk-Adjusted Performance Rank
GIFIX
GILHX
GIFIX vs. GILHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Floating Rate Strategies Fund (GIFIX) and Guggenheim Limited Duration Fund (GILHX). 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.
Dividends
GIFIX vs. GILHX - Dividend Comparison
GIFIX's dividend yield for the trailing twelve months is around 6.94%, more than GILHX's 4.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIFIX Guggenheim Floating Rate Strategies Fund | 6.94% | 8.47% | 8.34% | 4.89% | 3.47% | 4.09% | 4.81% | 4.79% | 3.84% | 4.10% | 4.58% | 5.29% |
GILHX Guggenheim Limited Duration Fund | 4.02% | 4.39% | 4.31% | 2.67% | 1.69% | 1.97% | 2.51% | 2.41% | 2.55% | 3.05% | 3.54% | 1.93% |
Drawdowns
GIFIX vs. GILHX - Drawdown Comparison
The maximum GIFIX drawdown since its inception was -19.03%, which is greater than GILHX's maximum drawdown of -7.82%. Use the drawdown chart below to compare losses from any high point for GIFIX and GILHX. For additional features, visit the drawdowns tool.
Volatility
GIFIX vs. GILHX - Volatility Comparison
Guggenheim Floating Rate Strategies Fund (GIFIX) has a higher volatility of 1.37% compared to Guggenheim Limited Duration Fund (GILHX) at 0.69%. This indicates that GIFIX's price experiences larger fluctuations and is considered to be riskier than GILHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.