GIFIX vs. PONPX
Compare and contrast key facts about Guggenheim Floating Rate Strategies Fund (GIFIX) and PIMCO Income Fund Class I-2 (PONPX).
GIFIX is an actively managed fund by Guggenheim. It was launched on Nov 29, 2011. PONPX is managed by PIMCO.
Performance
GIFIX vs. PONPX - Performance Comparison
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GIFIX vs. PONPX - 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% |
PONPX PIMCO Income Fund Class I-2 | -1.37% | 10.96% | 5.33% | 9.24% | -9.14% | 2.51% | 5.73% | 7.99% | 0.53% | 8.52% |
Returns By Period
In the year-to-date period, GIFIX achieves a -1.13% return, which is significantly higher than PONPX's -1.37% return. Over the past 10 years, GIFIX has underperformed PONPX with an annualized return of 4.28%, while PONPX has yielded a comparatively higher 4.55% 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%
PONPX
- 1D
- 0.47%
- 1M
- -3.24%
- YTD
- -1.37%
- 6M
- 1.11%
- 1Y
- 5.97%
- 3Y*
- 7.09%
- 5Y*
- 3.28%
- 10Y*
- 4.55%
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GIFIX vs. PONPX - Expense Ratio Comparison
GIFIX has a 0.78% expense ratio, which is higher than PONPX's 0.72% expense ratio.
Return for Risk
GIFIX vs. PONPX — Risk / Return Rank
GIFIX
PONPX
GIFIX vs. PONPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Floating Rate Strategies Fund (GIFIX) and PIMCO Income Fund Class I-2 (PONPX). 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 | PONPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.54 | -0.37 |
Sortino ratioReturn per unit of downside risk | 2.08 | 2.21 | -0.13 |
Omega ratioGain probability vs. loss probability | 1.34 | 1.29 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.84 | -0.35 |
Martin ratioReturn relative to average drawdown | 5.34 | 7.43 | -2.10 |
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 | PONPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.54 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.81 | 0.70 | +1.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.29 | 1.09 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.58 | 1.82 | -0.24 |
Correlation
The correlation between GIFIX and PONPX is 0.37, 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. PONPX - Dividend Comparison
GIFIX's dividend yield for the trailing twelve months is around 6.71%, more than PONPX's 5.48% 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% |
PONPX PIMCO Income Fund Class I-2 | 5.48% | 5.91% | 6.16% | 6.11% | 4.89% | 3.92% | 4.78% | 5.73% | 5.56% | 5.27% | 5.42% | 7.77% |
Drawdowns
GIFIX vs. PONPX - Drawdown Comparison
The maximum GIFIX drawdown since its inception was -19.03%, which is greater than PONPX's maximum drawdown of -13.41%. Use the drawdown chart below to compare losses from any high point for GIFIX and PONPX.
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Drawdown Indicators
| GIFIX | PONPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.03% | -13.41% | -5.62% |
Max Drawdown (1Y)Largest decline over 1 year | -1.97% | -3.69% | +1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -13.41% | +7.11% |
Max Drawdown (10Y)Largest decline over 10 years | -19.03% | -13.41% | -5.62% |
Current DrawdownCurrent decline from peak | -1.26% | -3.24% | +1.98% |
Average DrawdownAverage peak-to-trough decline | -0.76% | -1.44% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.56% | 0.92% | -0.36% |
Volatility
GIFIX vs. PONPX - Volatility Comparison
The current volatility for Guggenheim Floating Rate Strategies Fund (GIFIX) is 0.53%, while PIMCO Income Fund Class I-2 (PONPX) has a volatility of 1.88%. This indicates that GIFIX experiences smaller price fluctuations and is considered to be less risky than PONPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GIFIX | PONPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.53% | 1.88% | -1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 1.61% | 2.64% | -1.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.67% | 4.27% | -1.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 4.75% | -2.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.34% | 4.19% | -0.85% |