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RPIEX vs. GIOIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

RPIEX vs. GIOIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Dynamic Global Bond Fund (RPIEX) and Guggenheim Macro Opportunities Fund (GIOIX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.02%
5.11%
RPIEX
GIOIX

Returns By Period

In the year-to-date period, RPIEX achieves a 4.66% return, which is significantly lower than GIOIX's 7.08% return.


RPIEX

YTD

4.66%

1M

0.39%

6M

3.02%

1Y

5.24%

5Y (annualized)

0.15%

10Y (annualized)

N/A

GIOIX

YTD

7.08%

1M

0.34%

6M

5.11%

1Y

11.37%

5Y (annualized)

4.34%

10Y (annualized)

3.87%

Key characteristics


RPIEXGIOIX
Sharpe Ratio1.294.41
Sortino Ratio1.939.36
Omega Ratio1.232.35
Calmar Ratio0.243.30
Martin Ratio8.2137.31
Ulcer Index0.59%0.30%
Daily Std Dev3.74%2.58%
Max Drawdown-19.85%-12.22%
Current Drawdown-15.15%-0.16%

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RPIEX vs. GIOIX - Expense Ratio Comparison

RPIEX has a 0.71% expense ratio, which is lower than GIOIX's 0.96% expense ratio.


GIOIX
Guggenheim Macro Opportunities Fund
Expense ratio chart for GIOIX: current value at 0.96% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.96%
Expense ratio chart for RPIEX: current value at 0.71% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.71%

Correlation

-0.50.00.51.0-0.2

The correlation between RPIEX and GIOIX is -0.17. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Risk-Adjusted Performance

RPIEX vs. GIOIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dynamic Global Bond Fund (RPIEX) and Guggenheim Macro Opportunities Fund (GIOIX). 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.


Sharpe ratio
The chart of Sharpe ratio for RPIEX, currently valued at 1.29, compared to the broader market-1.000.001.002.003.004.005.001.294.41
The chart of Sortino ratio for RPIEX, currently valued at 1.93, compared to the broader market0.005.0010.001.939.36
The chart of Omega ratio for RPIEX, currently valued at 1.23, compared to the broader market1.002.003.004.001.232.35
The chart of Calmar ratio for RPIEX, currently valued at 0.24, compared to the broader market0.005.0010.0015.0020.0025.000.243.30
The chart of Martin ratio for RPIEX, currently valued at 8.21, compared to the broader market0.0020.0040.0060.0080.00100.008.2137.31
RPIEX
GIOIX

The current RPIEX Sharpe Ratio is 1.29, which is lower than the GIOIX Sharpe Ratio of 4.41. The chart below compares the historical Sharpe Ratios of RPIEX and GIOIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
1.29
4.41
RPIEX
GIOIX

Dividends

RPIEX vs. GIOIX - Dividend Comparison

RPIEX's dividend yield for the trailing twelve months is around 4.81%, less than GIOIX's 6.31% yield.


TTM20232022202120202019201820172016201520142013
RPIEX
T. Rowe Price Dynamic Global Bond Fund
4.81%4.16%3.08%2.45%1.93%2.65%2.56%0.77%0.98%1.06%0.00%0.00%
GIOIX
Guggenheim Macro Opportunities Fund
6.31%6.45%5.12%3.89%4.05%3.29%3.55%3.54%5.38%5.48%4.96%5.43%

Drawdowns

RPIEX vs. GIOIX - Drawdown Comparison

The maximum RPIEX drawdown since its inception was -19.85%, which is greater than GIOIX's maximum drawdown of -12.22%. Use the drawdown chart below to compare losses from any high point for RPIEX and GIOIX. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-15.15%
-0.16%
RPIEX
GIOIX

Volatility

RPIEX vs. GIOIX - Volatility Comparison

T. Rowe Price Dynamic Global Bond Fund (RPIEX) has a higher volatility of 0.68% compared to Guggenheim Macro Opportunities Fund (GIOIX) at 0.55%. This indicates that RPIEX's price experiences larger fluctuations and is considered to be riskier than GIOIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.68%
0.55%
RPIEX
GIOIX