GINN vs OPP

Comparison between GOLDMAN SACHS INNOVATE EQUITY ETF (GINN, ETF) and RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF).

5-Year PerformanceGINN has outperformed OPP, delivering a return of +6.0% compared to -0.2%

GINN vs OPP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	GINN(ETF)	OPP(ETF)
Net Assets	$209M	$209M
Expense Ratio	0.50%	N/A
Max Drawdown	41.60%	63.59%
Sharpe Ratio	0.75	0.15
5Y Beta	1.08	0.27
P/E Ratio	-2861.92	N/A
Forward P/E	19.07	N/A
5Y Dividends CAGR	N/A	-11.02%
5Y EPS CAGR	20.31%	N/A
P/S Ratio	0.78	N/A
P/B Ratio	4.18	N/A

Net Assets

GINN

$209M

Winner

OPP

$209M

Expense Ratio

GINN

0.50%

OPP

N/A

Max Drawdown

Winner

GINN

41.60%

OPP

63.59%

Sharpe Ratio

Winner

GINN

0.75

OPP

0.15

5Y Beta

GINN

1.08

Winner

OPP

0.27

P/E Ratio

GINN

-2861.92

OPP

N/A

Forward P/E

GINN

19.07

OPP

N/A

5Y Dividends CAGR

GINN

N/A

OPP

-11.02%

5Y EPS CAGR

GINN

20.31%

OPP

N/A

P/S Ratio

GINN

0.78

OPP

N/A

P/B Ratio

GINN

4.18

OPP

N/A

GINN vs OPP - Historical Returns

Returns include dividend reinvestment.

Period	GINN	OPP
1 month	+1.03%	+3.34%
3 months	+5.27%	+0.73%
6 months	+4.19%	+4.96%
1 year	+15.91%	+4.40%
5 years(CAGR)	+5.97%	-0.19%
10 years(CAGR)	N/A	+3.31%
Max(CAGR)	+8.95%	+3.31%

GINN

+1.03%

Winner

OPP

+3.34%

Winner

GINN

+5.27%

OPP

+0.73%

GINN

+4.19%

Winner

OPP

+4.96%

Winner

GINN

+15.91%

OPP

+4.40%

5Y(CAGR)

Winner

GINN

+5.97%

OPP

-0.19%

10Y(CAGR)

GINN

N/A

OPP

+3.31%

Max(CAGR)

Winner

GINN

+8.95%

OPP

+3.31%

GINN vs OPP - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	GINN	OPP
2026	+6.48%	+4.70%
2025	+20.08%	+7.88%
2024	+20.55%	+16.08%
2023	+29.77%	+9.06%
2022	-32.92%	-28.83%
2021	+11.54%	+11.95%
2020	+9.84%	+1.34%
2019	N/A	+15.05%
2018	N/A	-2.14%
2017	N/A	+7.77%
2016	N/A	-6.64%

GINN vs OPP Drawdown Comparison

The maximum drawdown for GINN was -41.25%, occurring on Oct 14, 2022. Recovery took 756 trading sessions.

The maximum drawdown for OPP was -37.33%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The current GINN drawdown is -2.93%. The current OPP drawdown is -2.63%.

Rank	GINN	OPP
#1	-41.25% Nov 8, 2021 - Nov 11, 2024	-37.33% Aug 9, 2021 - Oct 26, 2023
#2	-22.25% Feb 18, 2025 - Jun 26, 2025	-34.94% Feb 14, 2020 - Feb 2, 2021
#3	-13.18% Jan 12, 2026 - May 6, 2026	-12.91% Oct 13, 2017 - Apr 2, 2019
#4	-12.07% Feb 12, 2021 - Jun 28, 2021	-8.96% Oct 3, 2016 - May 30, 2017
#5	-8.54% Oct 27, 2025 - Jan 12, 2026	-6.96% Oct 14, 2019 - Feb 10, 2020
#6	-8.25% Sep 7, 2021 - Nov 3, 2021	-4.68% Jul 14, 2021 - Jul 22, 2021
#7	-6.03% Jun 1, 2026 - Jun 10, 2026	-3.22% Jun 30, 2017 - Sep 8, 2017
#8	-5.65% Dec 6, 2024 - Jan 24, 2025	-2.70% Aug 8, 2019 - Aug 30, 2019
#9	-4.53% Jun 29, 2021 - Aug 25, 2021	-2.37% Apr 15, 2021 - Apr 27, 2021
#10	-3.91% Jul 23, 2025 - Aug 13, 2025	-1.91% Jun 14, 2021 - Jul 6, 2021
#11	-3.91% Oct 6, 2025 - Oct 27, 2025	-1.87% Mar 15, 2021 - Mar 31, 2021
#12	-3.90% Jan 25, 2021 - Feb 3, 2021	-1.78% Sep 4, 2019 - Sep 18, 2019
#13	-3.69% Nov 11, 2024 - Nov 25, 2024	-1.75% Sep 15, 2017 - Oct 4, 2017
#14	-2.20% Nov 9, 2020 - Nov 16, 2020	-1.67% Mar 3, 2021 - Mar 10, 2021
#15	-2.17% May 14, 2026 - May 21, 2026	-1.47% Sep 19, 2019 - Oct 7, 2019

Correlation

Correlation between GINN and OPP is 0.85 which considered as a strong positive correlation - the stocks tend to move together.

0.85

-101

Dividend Comparison (2016 - 2026)

GINN vs OPP dividend yield comparison.

Year	GINN	OPP
2026	0.00%	8.32%
2025	1.26%	14.34%
2024	1.26%	14.29%
2023	1.01%	14.66%
2022	0.69%	20.43%
2021	0.67%	13.40%
2020	0.07%	15.09%
2019	0.00%	13.39%
2018	0.00%	11.08%
2017	0.00%	8.22%
2016	0.00%	1.19%