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 -0.24%/yr vs 3.88%/yr for GIYIX. Their 0.14 correlation means their historical movements had little consistent relationship. 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 -9.05% return, which is significantly lower than GIYIX's 1.91% return.
GOF
- 1D
- -0.19%
- 1M
- -2.92%
- 6M
- -6.47%
- YTD
- -9.05%
- 1Y
- -15.70%
- 3Y*
- 1.75%
- 5Y*
- -0.24%
- 10Y*
- 7.06%
- ALL TIME*
- 8.79%
GIYIX
- 1D
- 0.00%
- 1M
- -0.10%
- 6M
- 1.33%
- YTD
- 1.91%
- 1Y
- 3.99%
- 3Y*
- 5.72%
- 5Y*
- 3.88%
- 10Y*
- —
- ALL TIME*
- 3.14%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $13.30M | $14.34M | $15.54M |
GOF vs. GIYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
GOF Guggenheim Strategic Opportunities Fund | -9.05% | -1.92% | 38.04% | -3.04% | -5.78% | 4.90% | 21.51% | 10.51% | -7.84% |
GIYIX Guggenheim Ultra Short Duration Fund | 1.91% | 5.20% | 7.04% | 6.81% | -1.19% | 0.17% | 1.78% | 2.45% | 0.16% |
Correlation
The correlation between GOF and GIYIX is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.14 |
Correlation (5Y) Shows whether the relationship held over a longer 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 | -3.86 | ||
| Sortino ratioReturn per unit of downside risk | -9.73 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 2.81 | -1.96 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 10.67 | -11.35 |
| Martin ratioReturn relative to average drawdown | -1.11 | 50.15 | -51.25 |
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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 | -18.98% | -0.10% | -18.88% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -0.34% | -6.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.19% | 0.08% | +14.11% |
Volatility
GOF vs. GIYIX - Volatility Comparison
Guggenheim Strategic Opportunities Fund (GOF) has a higher volatility of 2.59% compared to Guggenheim Ultra Short Duration Fund (GIYIX) at 0.25%. 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 | 2.59% | 0.25% | +2.34% |
Volatility (6M)Calculated over the trailing 6-month period | 10.60% | 0.98% | +9.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.26% | 1.44% | +16.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.18% | 1.53% | +16.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.54% | 1.43% | +18.11% |
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 20.83%, more than GIYIX's 4.01% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GIYIX Guggenheim Ultra Short Duration Fund | 4.01% | 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 | 20.83% | 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 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOF has higher volatility (2.59%) compared to GIYIX (0.25%). In terms of maximum drawdown, GOF dropped -54.66% vs GIYIX's -3.50%.
GIYIX currently has the higher Sharpe Ratio (2.99 vs -0.86), 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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