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TBLD vs. GUDIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between TBLD and GUDIX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

TBLD vs. GUDIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thornburg Income Builder Opportunities Trust Common Stock (TBLD) and Guggenheim Diversified Income Fund (GUDIX). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%8.00%10.00%12.00%14.00%JulyAugustSeptemberOctoberNovemberDecember
4.91%
0
TBLD
GUDIX

Key characteristics

Sharpe Ratio

TBLD:

0.94

GUDIX:

0.77

Sortino Ratio

TBLD:

1.36

GUDIX:

1.21

Omega Ratio

TBLD:

1.16

GUDIX:

1.52

Calmar Ratio

TBLD:

1.03

GUDIX:

0.48

Martin Ratio

TBLD:

4.17

GUDIX:

2.73

Ulcer Index

TBLD:

2.66%

GUDIX:

0.43%

Daily Std Dev

TBLD:

11.79%

GUDIX:

1.53%

Max Drawdown

TBLD:

-33.65%

GUDIX:

-19.80%

Current Drawdown

TBLD:

-7.89%

GUDIX:

-1.39%

Returns By Period

In the year-to-date period, TBLD achieves a 12.15% return, which is significantly higher than GUDIX's 0.24% return.


TBLD

YTD

12.15%

1M

-1.49%

6M

5.50%

1Y

11.64%

5Y*

N/A

10Y*

N/A

GUDIX

YTD

0.24%

1M

0.00%

6M

0.00%

1Y

0.77%

5Y*

2.92%

10Y*

N/A

Compare stocks, funds, or ETFs

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Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for TBLD, currently valued at 0.94, compared to the broader market-4.00-2.000.002.000.940.77
The chart of Sortino ratio for TBLD, currently valued at 1.36, compared to the broader market-4.00-2.000.002.004.001.361.21
The chart of Omega ratio for TBLD, currently valued at 1.16, compared to the broader market0.501.001.502.001.161.52
The chart of Calmar ratio for TBLD, currently valued at 1.03, compared to the broader market0.002.004.006.001.030.48
The chart of Martin ratio for TBLD, currently valued at 4.17, compared to the broader market-5.000.005.0010.0015.0020.0025.004.172.73
TBLD
GUDIX

The current TBLD Sharpe Ratio is 0.94, which is comparable to the GUDIX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of TBLD and GUDIX, 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 Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
0.94
0.77
TBLD
GUDIX

Dividends

TBLD vs. GUDIX - Dividend Comparison

TBLD's dividend yield for the trailing twelve months is around 7.07%, less than GUDIX's 100.49% yield.


TTM20232022202120202019201820172016
TBLD
Thornburg Income Builder Opportunities Trust Common Stock
7.07%8.06%8.02%2.79%0.00%0.00%0.00%0.00%0.00%
GUDIX
Guggenheim Diversified Income Fund
100.49%3.98%3.49%3.49%3.36%3.44%3.42%3.99%3.62%

Drawdowns

TBLD vs. GUDIX - Drawdown Comparison

The maximum TBLD drawdown since its inception was -33.65%, which is greater than GUDIX's maximum drawdown of -19.80%. Use the drawdown chart below to compare losses from any high point for TBLD and GUDIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.89%
-1.39%
TBLD
GUDIX

Volatility

TBLD vs. GUDIX - Volatility Comparison

Thornburg Income Builder Opportunities Trust Common Stock (TBLD) has a higher volatility of 3.15% 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.


0.00%1.00%2.00%3.00%4.00%JulyAugustSeptemberOctoberNovemberDecember
3.15%
0
TBLD
GUDIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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