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HYT vs. GOF
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

HYT vs. GOF - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Corporate High Yield Fund (HYT) and Guggenheim Strategic Opportunities Fund (GOF). The values are adjusted to include any dividend payments, if applicable.

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HYT vs. GOF - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
HYT
BlackRock Corporate High Yield Fund
-1.34%0.06%14.43%19.92%-22.58%16.62%11.55%31.19%-7.81%8.99%
GOF
Guggenheim Strategic Opportunities Fund
-9.04%-1.92%38.04%-3.04%-5.78%4.90%21.51%10.51%-5.95%22.01%

Returns By Period

In the year-to-date period, HYT achieves a -1.34% return, which is significantly higher than GOF's -9.04% return. Over the past 10 years, HYT has underperformed GOF with an annualized return of 7.70%, while GOF has yielded a comparatively higher 8.53% annualized return.


HYT

1D
0.35%
1M
-1.62%
YTD
-1.34%
6M
-5.41%
1Y
-1.51%
3Y*
9.77%
5Y*
3.28%
10Y*
7.70%

GOF

1D
1.63%
1M
-4.58%
YTD
-9.04%
6M
-18.98%
1Y
-15.21%
3Y*
2.84%
5Y*
1.09%
10Y*
8.53%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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HYT vs. GOF - Expense Ratio Comparison

HYT has a 2.83% expense ratio, which is higher than GOF's 1.62% expense ratio.


Return for Risk

HYT vs. GOF — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYT
HYT Risk / Return Rank: 44
Overall Rank
HYT Sharpe Ratio Rank: 44
Sharpe Ratio Rank
HYT Sortino Ratio Rank: 44
Sortino Ratio Rank
HYT Omega Ratio Rank: 44
Omega Ratio Rank
HYT Calmar Ratio Rank: 55
Calmar Ratio Rank
HYT Martin Ratio Rank: 44
Martin Ratio Rank

GOF
GOF Risk / Return Rank: 11
Overall Rank
GOF Sharpe Ratio Rank: 11
Sharpe Ratio Rank
GOF Sortino Ratio Rank: 11
Sortino Ratio Rank
GOF Omega Ratio Rank: 11
Omega Ratio Rank
GOF Calmar Ratio Rank: 11
Calmar Ratio Rank
GOF Martin Ratio Rank: 11
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYT vs. GOF - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Corporate High Yield Fund (HYT) 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.


HYTGOFDifference

Sharpe ratio

Return per unit of total volatility

-0.09

-0.72

+0.63

Sortino ratio

Return per unit of downside risk

-0.01

-0.80

+0.79

Omega ratio

Gain probability vs. loss probability

1.00

0.86

+0.14

Calmar ratio

Return relative to maximum drawdown

-0.11

-0.67

+0.56

Martin ratio

Return relative to average drawdown

-0.33

-1.50

+1.18

HYT vs. GOF - Sharpe Ratio Comparison

The current HYT Sharpe Ratio is -0.09, which is higher than the GOF Sharpe Ratio of -0.72. The chart below compares the historical Sharpe Ratios of HYT and GOF, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


HYTGOFDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.09

-0.72

+0.63

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.06

+0.17

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.46

0.44

+0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.41

0.00

Correlation

The correlation between HYT and GOF is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

HYT vs. GOF - Dividend Comparison

HYT's dividend yield for the trailing twelve months is around 10.93%, less than GOF's 19.51% yield.


TTM20252024202320222021202020192018201720162015
HYT
BlackRock Corporate High Yield Fund
10.93%10.50%9.53%9.91%9.80%7.58%8.18%7.92%9.20%7.68%8.23%10.18%
GOF
Guggenheim Strategic Opportunities Fund
19.51%16.97%14.32%17.07%14.36%11.93%11.26%12.08%11.96%10.13%11.13%12.98%

Drawdowns

HYT vs. GOF - Drawdown Comparison

The maximum HYT drawdown since its inception was -56.95%, roughly equal to the maximum GOF drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for HYT and GOF.


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Drawdown Indicators


HYTGOFDifference

Max Drawdown

Largest peak-to-trough decline

-56.95%

-54.66%

-2.29%

Max Drawdown (1Y)

Largest decline over 1 year

-11.70%

-23.24%

+11.54%

Max Drawdown (5Y)

Largest decline over 5 years

-29.05%

-32.41%

+3.36%

Max Drawdown (10Y)

Largest decline over 10 years

-42.59%

-38.50%

-4.09%

Current Drawdown

Current decline from peak

-7.28%

-18.98%

+11.70%

Average Drawdown

Average peak-to-trough decline

-5.91%

-6.97%

+1.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.99%

10.38%

-6.39%

Volatility

HYT vs. GOF - Volatility Comparison

The current volatility for BlackRock Corporate High Yield Fund (HYT) is 4.61%, while Guggenheim Strategic Opportunities Fund (GOF) has a volatility of 6.62%. This indicates that HYT experiences smaller price fluctuations and is considered to be less risky 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


HYTGOFDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.61%

6.62%

-2.01%

Volatility (6M)

Calculated over the trailing 6-month period

8.01%

16.97%

-8.96%

Volatility (1Y)

Calculated over the trailing 1-year period

16.89%

21.15%

-4.26%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.47%

18.72%

-4.25%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.92%

19.48%

-2.56%