HPF vs RIV

Comparison between John Hancock Preferred Income Fund II (HPF, ETF) and RiverNorth Opportunities Fund Inc (RIV, ETF).

5-Year PerformanceRIV has outperformed HPF, delivering a return of +5.3% compared to +2.9%

HPF vs RIV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	HPF(ETF)	RIV(ETF)
Net Assets	$338M	$335M
Max Drawdown	74.26%	54.84%
Sharpe Ratio	0.73	0.79
5Y Beta	0.39	0.44
5Y Dividends CAGR	3.40%	-4.12%

Net Assets

Winner

HPF

$338M

RIV

$335M

Max Drawdown

HPF

74.26%

Winner

RIV

54.84%

Sharpe Ratio

HPF

0.73

Winner

RIV

0.79

5Y Beta

Winner

HPF

0.39

RIV

0.44

5Y Dividends CAGR

Winner

HPF

3.40%

RIV

-4.12%

HPF vs RIV - Historical Returns

Returns include dividend reinvestment.

Period	HPF	RIV
1 month	-0.74%	-1.36%
3 months	+0.45%	+1.09%
6 months	+1.58%	+3.83%
1 year	+9.54%	+11.14%
5 years(CAGR)	+2.92%	+5.26%
10 years(CAGR)	+4.89%	+8.88%
Max(CAGR)	+6.94%	+8.45%

Winner

HPF

-0.74%

RIV

-1.36%

HPF

+0.45%

Winner

RIV

+1.09%

HPF

+1.58%

Winner

RIV

+3.83%

HPF

+9.54%

Winner

RIV

+11.14%

5Y(CAGR)

HPF

+2.92%

Winner

RIV

+5.26%

10Y(CAGR)

HPF

+4.89%

Winner

RIV

+8.88%

Max(CAGR)

HPF

+6.94%

Winner

RIV

+8.45%

HPF vs RIV - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	HPF	RIV
2026	+2.06%	+3.50%
2025	+5.47%	+16.40%
2024	+11.75%	+18.97%
2023	+9.70%	+0.35%
2022	-18.34%	-14.10%
2021	+19.11%	+12.99%
2020	-7.71%	+14.24%
2019	+24.95%	+13.45%
2018	-4.87%	-8.51%
2017	+13.87%	+17.64%
2016	+11.23%	+8.14%
2015	+3.45%	+0.25%
2014	+22.16%	N/A
2013	-12.91%	N/A
2012	+10.84%	N/A
2011	+22.05%	N/A
2010	+18.20%	N/A
2009	+34.03%	N/A
2008	-22.68%	N/A
2007	-20.11%	N/A
2006	+30.35%	N/A
2005	-7.39%	N/A
2004	+5.52%	N/A
2003	+13.94%	N/A
2002	-0.04%	N/A

HPF vs RIV Drawdown Comparison

The maximum drawdown for HPF was -66.58%, occurring on Mar 9, 2009. Recovery took 806 trading sessions.

The maximum drawdown for RIV was -42.87%, occurring on Mar 23, 2020. Recovery took 147 trading sessions.

The current HPF drawdown is -2.94%. The current RIV drawdown is -2.72%.

Rank	HPF	RIV
#1	-66.58% May 10, 2007 - Jul 22, 2010	-42.87% Feb 12, 2020 - Sep 11, 2020
#2	-54.74% Feb 19, 2020 - Apr 1, 2021	-28.99% Aug 9, 2021 - Jul 15, 2024
#3	-31.20% Aug 30, 2021 - Sep 16, 2024	-27.47% Jun 13, 2018 - Feb 10, 2020
#4	-24.59% May 8, 2013 - Jan 9, 2015	-19.61% Dec 30, 2015 - Apr 20, 2016
#5	-21.13% Mar 31, 2004 - Nov 26, 2004	-15.19% Feb 18, 2025 - May 19, 2025
#6	-17.84% Sep 12, 2018 - Jan 31, 2019	-11.72% Sep 14, 2020 - Dec 3, 2020
#7	-16.95% Sep 8, 2016 - May 26, 2017	-8.67% Dec 3, 2024 - Feb 13, 2025
#8	-16.90% Oct 10, 2024 - Apr 8, 2025	-7.65% Feb 25, 2026 - Apr 22, 2026
#9	-15.14% Feb 9, 2005 - Mar 22, 2006	-6.80% Sep 15, 2025 - Jan 6, 2026
#10	-13.58% Jul 22, 2011 - Aug 29, 2011	-6.39% Sep 7, 2016 - Jan 20, 2017
#11	-11.26% Apr 24, 2015 - Jan 8, 2016	-6.31% Sep 13, 2017 - Jan 8, 2018
#12	-11.24% Oct 16, 2012 - Mar 20, 2013	-5.60% Jul 14, 2021 - Aug 6, 2021
#13	-9.84% Sep 9, 2010 - May 3, 2011	-4.99% Jul 16, 2024 - Aug 12, 2024
#14	-9.53% Aug 3, 2017 - Jun 8, 2018	-4.89% Jun 9, 2016 - Jul 5, 2016
#15	-9.52% Aug 31, 2011 - Dec 22, 2011	-4.89% May 7, 2021 - May 26, 2021

Correlation

Correlation between HPF and RIV is 0.93 which considered as a very strong positive correlation - the stocks move almost identically together.

0.93

-101

Dividend Comparison (2003 - 2026)

HPF vs RIV dividend yield comparison.

Year	HPF	RIV
2026	3.90%	5.70%
2025	9.22%	12.80%
2024	8.95%	13.46%
2023	9.39%	13.96%
2022	9.45%	16.61%
2021	7.10%	14.31%
2020	7.80%	13.42%
2019	7.32%	12.34%
2018	8.96%	15.51%
2017	7.82%	10.14%
2016	8.30%	13.01%
2015	7.85%	0.00%
2014	8.26%	0.00%
2013	9.39%	0.00%
2012	7.76%	0.00%
2011	8.41%	0.00%
2010	8.00%	0.00%
2009	9.10%	0.00%
2008	14.09%	0.00%
2007	9.97%	0.00%
2006	9.02%	0.00%
2005	10.32%	0.00%
2004	8.59%	0.00%
2003	9.17%	0.00%