RPIEX vs. GIOIX
Compare and contrast key facts about T. Rowe Price Dynamic Global Bond Fund (RPIEX) and Guggenheim Macro Opportunities Fund (GIOIX).
RPIEX is managed by T. Rowe Price. It was launched on Jan 21, 2015. GIOIX is managed by Guggenheim Investments. It was launched on Nov 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPIEX or GIOIX.
Key characteristics
| RPIEX | GIOIX | |
|---|---|---|
| YTD Return | 3.99% | 6.45% |
| 1Y Return | 2.97% | 12.00% |
| 3Y Return (Ann) | 0.72% | 2.46% |
| 5Y Return (Ann) | 2.67% | 4.20% |
| Sharpe Ratio | 0.73 | 4.55 |
| Sortino Ratio | 1.06 | 9.80 |
| Omega Ratio | 1.13 | 2.41 |
| Calmar Ratio | 0.30 | 2.76 |
| Martin Ratio | 3.40 | 40.13 |
| Ulcer Index | 0.84% | 0.31% |
| Daily Std Dev | 3.91% | 2.70% |
| Max Drawdown | -9.47% | -12.22% |
| Current Drawdown | -4.78% | -0.72% |
Correlation
The correlation between RPIEX and GIOIX is -0.16. 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.
Performance
RPIEX vs. GIOIX - Performance Comparison
In the year-to-date period, RPIEX achieves a 3.99% return, which is significantly lower than GIOIX's 6.45% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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.
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.
Dividends
RPIEX vs. GIOIX - Dividend Comparison
RPIEX's dividend yield for the trailing twelve months is around 4.44%, less than GIOIX's 5.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPIEX T. Rowe Price Dynamic Global Bond Fund | 4.44% | 4.16% | 15.99% | 3.76% | 1.93% | 2.65% | 4.39% | 0.77% | 2.72% | 5.21% | 0.00% | 0.00% |
GIOIX Guggenheim Macro Opportunities Fund | 5.82% | 6.45% | 5.12% | 3.89% | 4.05% | 3.29% | 3.64% | 3.53% | 5.38% | 5.48% | 4.96% | 5.43% |
Drawdowns
RPIEX vs. GIOIX - Drawdown Comparison
The maximum RPIEX drawdown since its inception was -9.47%, smaller than the maximum GIOIX 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.
Volatility
RPIEX vs. GIOIX - Volatility Comparison
T. Rowe Price Dynamic Global Bond Fund (RPIEX) has a higher volatility of 0.96% compared to Guggenheim Macro Opportunities Fund (GIOIX) at 0.40%. 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.