GUG vs. GOF
GUG (Guggenheim Active Allocation Fund) and GOF (Guggenheim Strategic Opportunities Fund) are both mutual funds - GUG is a Tactical Allocation fund actively managed by Guggenheim, while GOF is a Multisector Bonds fund actively managed by Guggenheim. Both are actively managed. Over the past 3 years, GUG returned 13.14%/yr vs 1.50%/yr for GOF. Their 0.28 correlation means their historical movements had little consistent relationship. GUG charges 3.86%/yr vs 1.89%/yr for GOF.
Performance
GUG vs. GOF - Performance Comparison
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Returns By Period
In the year-to-date period, GUG achieves a 6.20% return, which is significantly higher than GOF's -8.87% return.
GUG
- 1D
- 0.52%
- 1M
- -2.48%
- 6M
- 2.14%
- YTD
- 6.20%
- 1Y
- 11.26%
- 3Y*
- 13.14%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 3.68%
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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $12.95M | $14.31M | $15.46M | |
| $1.50M | $1.54M | $1.37M |
GUG vs. GOF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
GUG Guggenheim Active Allocation Fund | 6.20% | 13.12% | 11.46% | 20.68% | -26.55% | -0.20% |
GOF Guggenheim Strategic Opportunities Fund | -8.87% | -1.92% | 38.04% | -3.04% | -5.78% | -1.08% |
Correlation
The correlation between GUG and GOF is 0.33, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.33 |
Correlation (3Y) Balances recent behavior with more history. | 0.24 |
Correlation (All Time) Calculated using the full available price history since Nov 24, 2021 | 0.28 |
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Return for Risk
GUG vs. GOF — Risk / Return Rank
GUG
GOF
GUG vs. GOF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Guggenheim Active Allocation Fund (GUG) and Guggenheim Strategic Opportunities Fund (GOF). 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.
| GUG | GOF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.72 | ||
| Sortino ratioReturn per unit of downside risk | +2.33 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.84 | +0.31 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.68 | +2.00 |
| Martin ratioReturn relative to average drawdown | 3.57 | -1.12 | +4.69 |
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Drawdowns
GUG vs. GOF - Drawdown Comparison
The maximum GUG drawdown since its inception was -32.78%, smaller than the maximum GOF drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for GUG and GOF.
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Drawdown Indicators
| GUG | GOF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.78% | -54.66% | +21.88% |
Max Drawdown (1Y)Largest decline over 1 year | -7.80% | -23.24% | +15.44% |
Max Drawdown (3Y)Largest decline over 3 years | -12.10% | -28.56% | +16.46% |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.41% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -38.50% | — |
Current DrawdownCurrent decline from peak | -5.62% | -18.83% | +13.21% |
Average DrawdownAverage peak-to-trough decline | -11.30% | -7.15% | -4.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.87% | 14.14% | -11.27% |
Volatility
GUG vs. GOF - Volatility Comparison
Guggenheim Active Allocation Fund (GUG) has a higher volatility of 3.95% compared to Guggenheim Strategic Opportunities Fund (GOF) at 2.66%. This indicates that GUG's price experiences larger fluctuations and is considered to be riskier than GOF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GUG | GOF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 2.66% | +1.29% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 10.62% | -2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.07% | 18.23% | -6.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.37% | 18.18% | -0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.37% | 19.53% | -2.16% |
GUG vs. GOF - Expense Ratio Comparison
GUG has a 3.86% expense ratio, which is higher than GOF's 1.89% expense ratio.
Dividends
GUG vs. GOF - Dividend Comparison
GUG's dividend yield for the trailing twelve months is around 9.22%, less than GOF's 20.79% 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% |
GUG Guggenheim Active Allocation Fund | 9.22% | 9.30% | 9.58% | 9.72% | 9.71% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GUG and GOF have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GUG has higher volatility (3.95%) compared to GOF (2.66%). In terms of maximum drawdown, GUG dropped -32.78% vs GOF's -54.66%.
GUG currently has the higher Sharpe Ratio (0.85 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.
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