JPC vs. GOF
JPC (Nuveen Preferred and Income Opportunities Fund) and GOF (Guggenheim Strategic Opportunities Fund) are both mutual funds - JPC is a Preferred Stock fund managed by Nuveen, while GOF is a Multisector Bonds fund actively managed by Guggenheim. Over the past 10 years, JPC returned 5.28%/yr vs 7.19%/yr for GOF. Their 0.35 correlation means their historical movements had little consistent relationship. JPC charges 0.01%/yr vs 1.89%/yr for GOF.
Performance
JPC vs. GOF - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, JPC achieves a 0.17% return, which is significantly higher than GOF's -8.87% return. Over the past 10 years, JPC has underperformed GOF with an annualized return of 5.28%, while GOF has yielded a comparatively higher 7.19% annualized return.
JPC
- 1D
- 0.26%
- 1M
- -1.51%
- 6M
- -1.20%
- YTD
- 0.17%
- 1Y
- 5.09%
- 3Y*
- 15.61%
- 5Y*
- 3.53%
- 10Y*
- 5.28%
- ALL TIME*
- 6.14%
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 | |
| $6.41M | $6.24M | $7.03M |
JPC vs. GOF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JPC Nuveen Preferred and Income Opportunities Fund | 0.17% | 14.00% | 27.58% | 0.75% | -19.18% | 9.75% | -2.09% | 35.25% | -12.70% | 13.35% |
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% |
Correlation
The correlation between JPC and GOF is 0.37, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.37 |
Correlation (3Y) Balances recent behavior with more history. | 0.37 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.39 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.34 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2007 | 0.35 |
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
JPC vs. GOF — Risk / Return Rank
JPC
GOF
JPC vs. GOF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Nuveen Preferred and Income Opportunities Fund (JPC) 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.
| JPC | GOF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.29 | ||
| Sortino ratioReturn per unit of downside risk | +1.72 | ||
| Omega ratioGain probability vs. loss probability | 1.10 | 0.84 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.42 | -0.68 | +1.10 |
| Martin ratioReturn relative to average drawdown | 2.11 | -1.12 | +3.23 |
Loading charts...
Drawdowns
JPC vs. GOF - Drawdown Comparison
The maximum JPC drawdown since its inception was -76.07%, which is greater than GOF's maximum drawdown of -54.66%. Use the drawdown chart below to compare losses from any high point for JPC and GOF.
Loading charts...
Drawdown Indicators
| JPC | GOF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -76.07% | -54.66% | -21.41% |
Max Drawdown (1Y)Largest decline over 1 year | -11.43% | -23.24% | +11.81% |
Max Drawdown (3Y)Largest decline over 3 years | -11.65% | -28.56% | +16.91% |
Max Drawdown (5Y)Largest decline over 5 years | -32.26% | -32.41% | +0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -52.53% | -38.50% | -14.03% |
Current DrawdownCurrent decline from peak | -3.02% | -18.83% | +15.81% |
Average DrawdownAverage peak-to-trough decline | -9.89% | -7.15% | -2.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 14.14% | -11.85% |
Volatility
JPC vs. GOF - Volatility Comparison
The current volatility for Nuveen Preferred and Income Opportunities Fund (JPC) is 1.86%, while Guggenheim Strategic Opportunities Fund (GOF) has a volatility of 2.66%. This indicates that JPC 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.
Loading charts...
Volatility by Period
| JPC | GOF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.86% | 2.66% | -0.80% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 10.62% | -0.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.42% | 18.23% | -6.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.52% | 18.18% | -3.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.60% | 19.53% | +1.07% |
JPC vs. GOF - Expense Ratio Comparison
JPC has a 0.01% expense ratio, which is lower than GOF's 1.89% expense ratio.
Dividends
JPC vs. GOF - Dividend Comparison
JPC's dividend yield for the trailing twelve months is around 9.96%, 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% |
JPC Nuveen Preferred and Income Opportunities Fund | 9.96% | 9.79% | 8.94% | 8.00% | 8.74% | 6.52% | 6.95% | 7.00% | 9.02% | 7.50% | 8.14% | 8.65% |
Frequently Asked Questions
JPC and GOF have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GOF has higher volatility (2.66%) compared to JPC (1.86%). In terms of maximum drawdown, JPC dropped -76.07% vs GOF's -54.66%.
JPC currently has the higher Sharpe Ratio (0.42 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 JPC and GOF
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