GOF vs. QQQ
GOF (Guggenheim Strategic Opportunities Fund) and QQQ (Invesco QQQ ETF) are both funds - GOF is a Multisector Bonds fund actively managed by Guggenheim, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. GOF is actively managed, while QQQ is passively managed. Over the past 10 years, GOF returned 7.19%/yr vs 20.44%/yr for QQQ. Their 0.32 correlation means their historical movements had little consistent relationship. GOF charges 1.89%/yr vs 0.18%/yr for QQQ.
Performance
GOF vs. QQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, GOF achieves a -8.87% return, which is significantly lower than QQQ's 12.26% return. Over the past 10 years, GOF has underperformed QQQ with an annualized return of 7.19%, while QQQ has yielded a comparatively higher 20.44% annualized return.
GOF
- 1D
- 0.00%
- 1M
- -2.74%
- 6M
- -9.44%
- YTD
- -8.87%
- 1Y
- -15.54%
- 3Y*
- 1.50%
- 5Y*
- 0.02%
- 10Y*
- 7.19%
- ALL TIME*
- 8.80%
QQQ
- 1D
- 0.65%
- 1M
- -3.45%
- 6M
- 10.89%
- YTD
- 12.26%
- 1Y
- 24.81%
- 3Y*
- 22.29%
- 5Y*
- 14.23%
- 10Y*
- 20.44%
- ALL TIME*
- 10.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.95M | $14.31M | $15.46M | |
| $30.32B | $28.40B | $31.45B |
GOF vs. QQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
GOF Guggenheim Strategic Opportunities Fund | -8.87% | -1.92% | 38.04% | -3.04% | -5.78% | 4.90% | 21.51% | 10.51% | -5.95% | 22.01% |
QQQ Invesco QQQ ETF | 12.26% | 20.77% | 25.58% | 54.86% | -32.58% | 27.42% | 48.62% | 38.96% | -0.13% | 32.66% |
Correlation
The correlation between GOF and QQQ is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.34 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.38 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.33 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2007 | 0.32 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
GOF vs. QQQ — Risk / Return Rank
GOF
QQQ
GOF vs. QQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Strategic Opportunities Fund (GOF) and Invesco QQQ ETF (QQQ). 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 | QQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.03 | ||
| Sortino ratioReturn per unit of downside risk | -2.69 | ||
| Omega ratioGain probability vs. loss probability | 0.84 | 1.21 | -0.36 |
| Calmar ratioReturn relative to maximum drawdown | -0.68 | 1.88 | -2.56 |
| Martin ratioReturn relative to average drawdown | -1.12 | 6.00 | -7.12 |
Loading charts...
Drawdowns
GOF vs. QQQ - Drawdown Comparison
The maximum GOF drawdown since its inception was -54.66%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for GOF and QQQ.
Loading charts...
Drawdown Indicators
| GOF | QQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.66% | -82.97% | +28.31% |
Max Drawdown (1Y)Largest decline over 1 year | -23.24% | -11.96% | -11.28% |
Max Drawdown (3Y)Largest decline over 3 years | -28.56% | -22.77% | -5.79% |
Max Drawdown (5Y)Largest decline over 5 years | -32.41% | -35.12% | +2.71% |
Max Drawdown (10Y)Largest decline over 10 years | -38.50% | -35.12% | -3.38% |
Current DrawdownCurrent decline from peak | -18.83% | -7.69% | -11.14% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -32.62% | +25.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.14% | 3.74% | +10.40% |
Volatility
GOF vs. QQQ - Volatility Comparison
The current volatility for Guggenheim Strategic Opportunities Fund (GOF) is 2.66%, while Invesco QQQ ETF (QQQ) has a volatility of 6.87%. This indicates that GOF experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| GOF | QQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.66% | 6.87% | -4.21% |
Volatility (6M)Calculated over the trailing 6-month period | 10.62% | 16.08% | -5.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.23% | 19.38% | -1.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.18% | 22.90% | -4.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.53% | 22.50% | -2.97% |
GOF vs. QQQ - Expense Ratio Comparison
GOF has a 1.89% expense ratio, which is higher than QQQ's 0.18% expense ratio.
Dividends
GOF vs. QQQ - Dividend Comparison
GOF's dividend yield for the trailing twelve months is around 20.79%, more than QQQ's 0.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GOF Guggenheim Strategic Opportunities Fund | 20.79% | 16.97% | 14.32% | 17.07% | 14.36% | 11.93% | 11.26% | 12.08% | 11.96% | 10.13% | 11.13% | 12.98% |
QQQ Invesco QQQ ETF | 0.44% | 0.45% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% |
Frequently Asked Questions
GOF and QQQ have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQ has higher volatility (6.87%) compared to GOF (2.66%). In terms of maximum drawdown, GOF dropped -54.66% vs QQQ's -82.97%.
QQQ currently has the higher Sharpe Ratio (1.16 vs -0.87), 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.
Find the right allocation for GOF and QQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer