GIOIX vs. RPIEX
Compare and contrast key facts about Guggenheim Macro Opportunities Fund (GIOIX) and T. Rowe Price Dynamic Global Bond Fund (RPIEX).
GIOIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011. RPIEX is managed by T. Rowe Price. It was launched on Jan 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GIOIX or RPIEX.
Key characteristics
| GIOIX | RPIEX | |
|---|---|---|
| YTD Return | 6.54% | 3.99% |
| 1Y Return | 12.38% | 2.84% |
| 3Y Return (Ann) | 2.50% | 0.75% |
| 5Y Return (Ann) | 4.22% | 2.67% |
| Sharpe Ratio | 4.74 | 0.66 |
| Sortino Ratio | 10.56 | 0.97 |
| Omega Ratio | 2.53 | 1.12 |
| Calmar Ratio | 2.82 | 0.27 |
| Martin Ratio | 43.82 | 2.89 |
| Ulcer Index | 0.30% | 0.89% |
| Daily Std Dev | 2.80% | 3.92% |
| Max Drawdown | -12.22% | -9.47% |
| Current Drawdown | -0.64% | -4.78% |
Correlation
The correlation between GIOIX and RPIEX is -0.16. 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.
Performance
GIOIX vs. RPIEX - Performance Comparison
In the year-to-date period, GIOIX achieves a 6.54% return, which is significantly higher than RPIEX's 3.99% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
GIOIX vs. RPIEX - Expense Ratio Comparison
GIOIX has a 0.96% expense ratio, which is higher than RPIEX's 0.71% expense ratio.
Risk-Adjusted Performance
GIOIX vs. RPIEX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Macro Opportunities Fund (GIOIX) and T. Rowe Price Dynamic Global Bond Fund (RPIEX). 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
GIOIX vs. RPIEX - Dividend Comparison
GIOIX's dividend yield for the trailing twelve months is around 5.82%, more than RPIEX's 4.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIOIX Guggenheim Macro Opportunities Fund | 5.82% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.64% | 3.53% | 5.38% | 5.48% | 4.96% | 5.43% |
RPIEX T. Rowe Price Dynamic Global Bond Fund | 4.44% | 4.16% | 15.99% | 3.76% | 1.93% | 2.65% | 4.39% | 0.77% | 2.72% | 5.21% | 0.00% | 0.00% |
Drawdowns
GIOIX vs. RPIEX - Drawdown Comparison
The maximum GIOIX drawdown since its inception was -12.22%, which is greater than RPIEX's maximum drawdown of -9.47%. Use the drawdown chart below to compare losses from any high point for GIOIX and RPIEX. For additional features, visit the drawdowns tool.
Volatility
GIOIX vs. RPIEX - Volatility Comparison
The current volatility for Guggenheim Macro Opportunities Fund (GIOIX) is 0.40%, while T. Rowe Price Dynamic Global Bond Fund (RPIEX) has a volatility of 1.02%. This indicates that GIOIX experiences smaller price fluctuations and is considered to be less risky than RPIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.