GOF vs. GIYIX
GOF (Guggenheim Strategic Opportunities Fund) and GIYIX (Guggenheim Ultra Short Duration Fund) are both mutual funds - GOF is a Multisector Bonds fund actively managed by Guggenheim, while GIYIX is a Ultrashort Bond fund managed by Guggenheim. Over the past 5 years, GOF returned -0.00%/yr vs 3.85%/yr for GIYIX. At a 0.14 correlation, their price movements are largely independent. GOF charges 1.89%/yr vs 0.34%/yr for GIYIX.
Performance
GOF vs. GIYIX - Performance Comparison
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Returns By Period
In the year-to-date period, GOF achieves a -10.48% return, which is significantly lower than GIYIX's 1.63% return.
GOF
- 1D
- -0.94%
- 1M
- -3.73%
- YTD
- -10.48%
- 6M
- -7.84%
- 1Y
- -15.22%
- 3Y*
- 2.55%
- 5Y*
- -0.00%
- 10Y*
- 7.56%
GIYIX
- 1D
- 0.00%
- 1M
- 0.37%
- YTD
- 1.63%
- 6M
- 2.03%
- 1Y
- 4.57%
- 3Y*
- 6.00%
- 5Y*
- 3.85%
- 10Y*
- —
GOF vs. GIYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GOF Guggenheim Strategic Opportunities Fund | -10.48% | -1.92% | 38.04% | -3.04% | -5.78% | 4.90% | 21.51% | 10.51% | -7.84% |
GIYIX Guggenheim Ultra Short Duration Fund | 1.63% | 5.20% | 7.04% | 6.81% | -1.19% | 0.17% | 1.78% | 2.45% | 0.16% |
Correlation
The correlation between GOF and GIYIX is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.13 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since Dec 3, 2018 | 0.14 |
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Return for Risk
GOF vs. GIYIX — Risk / Return Rank
GOF
GIYIX
GOF vs. GIYIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Strategic Opportunities Fund (GOF) and Guggenheim Ultra Short Duration Fund (GIYIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GOF | GIYIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.09 | ||
| Sortino ratioReturn per unit of downside risk | -10.88 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 3.15 | -2.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.66 | 11.60 | -12.26 |
| Martin ratioReturn relative to average drawdown | -1.18 | 57.30 | -58.48 |
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Drawdowns
GOF vs. GIYIX - Drawdown Comparison
The maximum GOF drawdown since its inception was -54.66%, which is greater than GIYIX's maximum drawdown of -3.50%. Use the drawdown chart below to compare losses from any high point for GOF and GIYIX.
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Drawdown Indicators
| GOF | GIYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.66% | -3.50% | -51.16% |
Max Drawdown (1Y)Largest decline over 1 year | -23.24% | -0.40% | -22.84% |
Max Drawdown (3Y)Largest decline over 3 years | -28.56% | -0.40% | -28.16% |
Max Drawdown (5Y)Largest decline over 5 years | -32.41% | -3.15% | -29.26% |
Max Drawdown (10Y)Largest decline over 10 years | -38.50% | — | — |
Current DrawdownCurrent decline from peak | -20.26% | 0.00% | -20.26% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -0.35% | -6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 12.91% | 0.08% | +12.83% |
Volatility
GOF vs. GIYIX - Volatility Comparison
Guggenheim Strategic Opportunities Fund (GOF) has a higher volatility of 3.41% compared to Guggenheim Ultra Short Duration Fund (GIYIX) at 0.37%. This indicates that GOF's price experiences larger fluctuations and is considered to be riskier than GIYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GOF | GIYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.41% | 0.37% | +3.04% |
Volatility (6M)Calculated over the trailing 6-month period | 11.10% | 0.96% | +10.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.06% | 1.42% | +16.64% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.20% | 1.52% | +16.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.53% | 1.43% | +18.10% |
GOF vs. GIYIX - Expense Ratio Comparison
GOF has a 1.89% expense ratio, which is higher than GIYIX's 0.34% expense ratio.
Dividends
GOF vs. GIYIX - Dividend Comparison
GOF's dividend yield for the trailing twelve months is around 20.81%, more than GIYIX's 4.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIYIX Guggenheim Ultra Short Duration Fund | 4.36% | 4.35% | 5.15% | 4.38% | 1.67% | 0.78% | 1.45% | 2.52% | 0.56% | 0.00% | 0.00% | 0.00% |
GOF Guggenheim Strategic Opportunities Fund | 20.81% | 16.97% | 14.32% | 17.07% | 14.36% | 11.93% | 11.26% | 12.08% | 11.96% | 10.13% | 11.13% | 12.98% |
Frequently Asked Questions
GOF and GIYIX have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOF has higher volatility (3.41%) compared to GIYIX (0.37%). In terms of maximum drawdown, GOF dropped -54.66% vs GIYIX's -3.50%.
GIYIX currently has the higher Sharpe Ratio (3.24 vs -0.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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