GHYB vs PFO

Comparison between GOLDMAN SACHS ACCESS HIGH YIELD CORPORATE BOND ETF (GHYB, ETF) and Flaherty & Crumrine Preferred and Income Opportunity Fund Inc (PFO, ETF).

5-Year PerformanceGHYB has outperformed PFO, delivering a return of +3.8% compared to -0.6%

GHYB vs PFO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GHYB(ETF)	PFO(ETF)
Net Assets	$132M	$133M
Expense Ratio	0.15%	N/A
Max Drawdown	22.16%	83.18%
Sharpe Ratio	0.29	0.24
5Y Beta	0.22	0.33
5Y Dividends CAGR	6.17%	-2.72%

Net Assets

GHYB

$132M

Winner

PFO

$133M

Expense Ratio

GHYB

0.15%

PFO

N/A

Max Drawdown

Winner

GHYB

22.16%

PFO

83.18%

Sharpe Ratio

Winner

GHYB

0.29

PFO

0.24

5Y Beta

Winner

GHYB

0.22

PFO

0.33

5Y Dividends CAGR

Winner

GHYB

6.17%

PFO

-2.72%

GHYB vs PFO - Historical Returns

Returns include dividend reinvestment.

Period	GHYB	PFO
1 month	-0.25%	-0.87%
3 months	+0.30%	-1.17%
6 months	+0.68%	-2.26%
1 year	+4.83%	+5.34%
5 years(CAGR)	+3.78%	-0.63%
10 years(CAGR)	+4.45%	+3.81%
Max(CAGR)	+4.45%	+7.15%

Winner

GHYB

-0.25%

PFO

-0.87%

Winner

GHYB

+0.30%

PFO

-1.17%

Winner

GHYB

+0.68%

PFO

-2.26%

GHYB

+4.83%

Winner

PFO

+5.34%

5Y(CAGR)

Winner

GHYB

+3.78%

PFO

-0.63%

10Y(CAGR)

Winner

GHYB

+4.45%

PFO

+3.81%

Max(CAGR)

GHYB

+4.45%

Winner

PFO

+7.15%

GHYB vs PFO - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	GHYB	PFO
2026	+1.16%	-0.55%
2025	+9.08%	+11.59%
2024	+8.17%	+21.08%
2023	+11.97%	-2.15%
2022	-10.87%	-26.67%
2021	+3.50%	+5.84%
2020	+6.08%	+13.55%
2019	+14.59%	+19.59%
2018	-2.30%	-3.86%
2017	+0.28%	+13.17%
2016	N/A	+12.87%
2015	N/A	-0.19%
2014	N/A	+22.10%
2013	N/A	-4.32%
2012	N/A	+11.19%
2011	N/A	+27.17%
2010	N/A	+23.40%
2009	N/A	+83.83%
2008	N/A	-47.04%
2007	N/A	-17.95%
2006	N/A	+15.92%
2005	N/A	-11.38%
2004	N/A	+2.06%
2003	N/A	+24.31%
2002	N/A	+10.31%
2001	N/A	+22.96%
2000	N/A	+1.79%
1999	N/A	-1.14%

GHYB vs PFO Drawdown Comparison

The maximum drawdown for GHYB was -21.48%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.

The maximum drawdown for PFO was -77.42%, occurring on Oct 10, 2008. Recovery took 749 trading sessions.

The current GHYB drawdown is -0.68%. The current PFO drawdown is -5.19%.

Rank	GHYB	PFO
#1	-21.48% Feb 20, 2020 - Jul 27, 2020	-77.42% Mar 28, 2007 - Mar 18, 2010
#2	-16.08% Dec 27, 2021 - Dec 27, 2023	-48.97% Feb 21, 2020 - Oct 15, 2020
#3	-5.97% Oct 3, 2018 - Jan 30, 2019	-40.11% Jul 7, 2021 - Oct 19, 2023
#4	-4.66% Feb 28, 2025 - May 12, 2025	-20.60% Apr 23, 2013 - May 16, 2014
#5	-3.18% Jan 8, 2018 - Jul 31, 2018	-20.28% Apr 21, 2015 - Mar 28, 2016
#6	-2.75% Mar 20, 2024 - May 15, 2024	-20.05% Jul 21, 2011 - Dec 19, 2011
#7	-2.70% Sep 2, 2020 - Oct 12, 2020	-19.67% Nov 9, 2018 - May 8, 2019
#8	-2.67% Feb 20, 2026 - Apr 14, 2026	-18.41% Mar 26, 2004 - Sep 7, 2005
#9	-2.50% Sep 15, 2021 - Dec 27, 2021	-17.71% Sep 7, 2005 - Jan 9, 2007
#10	-2.34% Feb 12, 2021 - Jun 2, 2021	-16.67% Aug 10, 2016 - Apr 20, 2017
#11	-1.95% Oct 12, 2020 - Nov 4, 2020	-15.36% Sep 14, 2010 - Feb 28, 2011
#12	-1.79% Dec 27, 2023 - Mar 12, 2024	-15.12% Jan 5, 2000 - Dec 29, 2000
#13	-1.75% Dec 6, 2024 - Jan 21, 2025	-12.87% May 13, 2010 - Aug 6, 2010
#14	-1.64% Apr 15, 2019 - Jun 10, 2019	-12.70% Aug 23, 2002 - Dec 24, 2002
#15	-1.56% Jul 3, 2019 - Aug 28, 2019	-12.63% Jul 17, 2017 - Aug 21, 2018

Correlation

Correlation between GHYB and PFO is 0.75 which considered as a strong positive correlation - the stocks tend to move together.

0.75

-101

Dividend Comparison (2000 - 2026)

GHYB vs PFO dividend yield comparison.

Year	GHYB	PFO
2026	3.29%	3.63%
2025	7.00%	6.84%
2024	6.65%	6.75%
2023	6.20%	7.18%
2022	5.67%	8.73%
2021	4.46%	6.49%
2020	4.75%	6.10%
2019	5.57%	6.31%
2018	5.68%	7.55%
2017	1.45%	7.25%
2016	0.00%	8.03%
2015	0.00%	8.21%
2014	0.00%	7.58%
2013	0.00%	8.69%
2012	0.00%	9.09%
2011	0.00%	8.37%
2010	0.00%	8.67%
2009	0.00%	7.35%
2008	0.00%	16.63%
2007	0.00%	8.40%
2006	0.00%	6.40%
2005	0.00%	7.76%
2004	0.00%	7.04%
2003	0.00%	6.33%
2002	0.00%	7.85%
2001	0.00%	7.46%
2000	0.00%	3.28%