TBLD vs. GUDIX
Compare and contrast key facts about Thornburg Income Builder Opportunities Trust Common Stock (TBLD) and Guggenheim Diversified Income Fund (GUDIX).
GUDIX is managed by Guggenheim. It was launched on Jan 28, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBLD or GUDIX.
Correlation
The correlation between TBLD and GUDIX is 0.77, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
TBLD vs. GUDIX - Performance Comparison
Key characteristics
Returns By Period
TBLD
13.14%
8.92%
8.54%
24.21%
N/A
N/A
GUDIX
N/A
N/A
N/A
N/A
N/A
N/A
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Risk-Adjusted Performance
TBLD vs. GUDIX — Risk-Adjusted Performance Rank
TBLD
GUDIX
TBLD vs. GUDIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Thornburg Income Builder Opportunities Trust Common Stock (TBLD) and Guggenheim Diversified Income Fund (GUDIX). 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
TBLD vs. GUDIX - Dividend Comparison
TBLD's dividend yield for the trailing twelve months is around 6.87%, while GUDIX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
TBLD Thornburg Income Builder Opportunities Trust Common Stock | 6.87% | 8.32% | 8.06% | 8.02% | 2.79% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GUDIX Guggenheim Diversified Income Fund | 0.00% | 99.99% | 3.98% | 3.49% | 3.49% | 3.36% | 3.44% | 3.42% | 3.99% | 3.62% |
Drawdowns
TBLD vs. GUDIX - Drawdown Comparison
Volatility
TBLD vs. GUDIX - Volatility Comparison
Thornburg Income Builder Opportunities Trust Common Stock (TBLD) has a higher volatility of 4.64% compared to Guggenheim Diversified Income Fund (GUDIX) at 0.00%. This indicates that TBLD's price experiences larger fluctuations and is considered to be riskier than GUDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.