OPP vs DHY

Comparison between RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF) and Credit Suisse High Yield Bond Fund (DHY, ETF).

5-Year PerformanceDHY has outperformed OPP, delivering a return of +1.6% compared to -0.0%

OPP vs DHY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPP(ETF)	DHY(ETF)
Net Assets	$211M	$211M
Max Drawdown	63.59%	87.34%
Sharpe Ratio	-0.02	-0.91
5Y Beta	0.27	0.34
5Y Dividends CAGR	-9.74%	0.56%

Net Assets

OPP

$211M

DHY

$211M

Max Drawdown

Winner

OPP

63.59%

DHY

87.34%

Sharpe Ratio

Winner

OPP

-0.02

DHY

-0.91

5Y Beta

Winner

OPP

0.27

DHY

0.34

5Y Dividends CAGR

OPP

-9.74%

Winner

DHY

0.56%

OPP vs DHY - Historical Returns

Returns include dividend reinvestment.

Period	OPP	DHY
1 month	-2.67%	-1.70%
3 months	+0.40%	-5.62%
6 months	+1.88%	-11.43%
1 year	+3.04%	-8.29%
5 years(CAGR)	-0.05%	+1.58%
10 years(CAGR)	+2.96%	+6.01%
Max(CAGR)	+2.96%	+5.00%

OPP

-2.67%

Winner

DHY

-1.70%

Winner

OPP

+0.40%

DHY

-5.62%

Winner

OPP

+1.88%

DHY

-11.43%

Winner

OPP

+3.04%

DHY

-8.29%

5Y(CAGR)

OPP

-0.05%

Winner

DHY

+1.58%

10Y(CAGR)

OPP

+2.96%

Winner

DHY

+6.01%

Max(CAGR)

OPP

+2.96%

Winner

DHY

+5.00%

OPP vs DHY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	OPP	DHY
2026	+0.91%	-10.35%
2025	+7.88%	+0.78%
2024	+16.08%	+17.58%
2023	+9.06%	+23.41%
2022	-28.83%	-22.08%
2021	+11.95%	+18.55%
2020	+1.34%	+0.59%
2019	+15.05%	+25.60%
2018	-2.14%	-15.79%
2017	+7.77%	+18.13%
2016	-6.64%	+32.65%
2015	N/A	-8.86%
2014	N/A	-0.67%
2013	N/A	+4.61%
2012	N/A	+21.25%
2011	N/A	+9.52%
2010	N/A	+8.51%
2009	N/A	+102.22%
2008	N/A	-45.94%
2007	N/A	-14.13%
2006	N/A	+4.53%
2005	N/A	-6.40%
2004	N/A	+7.04%
2003	N/A	+42.02%
2002	N/A	-8.65%
2001	N/A	+3.39%
2000	N/A	-15.75%
1999	N/A	-14.97%

OPP vs DHY Drawdown Comparison

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

The maximum drawdown for DHY was -71.49%, occurring on Nov 20, 2008. Recovery took 670 trading sessions.

The current OPP drawdown is -6.15%. The current DHY drawdown is -13.05%.

Rank	OPP	DHY
#1	-37.33% Aug 9, 2021 - Oct 26, 2023	-71.49% May 10, 2007 - Jan 6, 2010
#2	-34.94% Feb 14, 2020 - Feb 2, 2021	-41.32% Feb 18, 2020 - Dec 16, 2020
#3	-12.91% Oct 13, 2017 - Apr 2, 2019	-39.82% Apr 12, 2000 - Dec 12, 2003
#4	-8.96% Oct 3, 2016 - May 30, 2017	-28.43% May 19, 2014 - Aug 4, 2016
#5	-6.96% Oct 14, 2019 - Feb 10, 2020	-27.24% Nov 10, 2021 - Mar 13, 2024
#6	-4.68% Jul 14, 2021 - Jul 22, 2021	-21.39% Jan 8, 2018 - Apr 4, 2019
#7	-3.22% Jun 30, 2017 - Sep 8, 2017	-20.16% Jun 2, 2011 - Feb 3, 2012
#8	-2.70% Aug 8, 2019 - Aug 30, 2019	-20.12% Jan 13, 2004 - Aug 27, 2004
#9	-2.37% Apr 15, 2021 - Apr 27, 2021	-17.56% Nov 4, 1999 - Apr 10, 2000
#10	-1.91% Jun 14, 2021 - Jul 6, 2021	-15.89% Sep 16, 2005 - Sep 21, 2006
#11	-1.87% Mar 15, 2021 - Mar 31, 2021	-15.59% Jan 11, 2010 - Jul 26, 2010
#12	-1.78% Sep 4, 2019 - Sep 18, 2019	-13.75% May 20, 2013 - Feb 18, 2014
#13	-1.75% Sep 15, 2017 - Oct 4, 2017	-13.29% Dec 13, 2004 - Jul 11, 2005
#14	-1.67% Mar 3, 2021 - Mar 10, 2021	-13.05% Sep 22, 2025 - Jun 5, 2026
#15	-1.47% Sep 19, 2019 - Oct 7, 2019	-12.63% Sep 30, 2024 - Jun 30, 2025

Correlation

Correlation between OPP and DHY is 0.79 which considered as a strong positive correlation - the stocks tend to move together.

0.79

-101

Dividend Comparison (2000 - 2026)

OPP vs DHY dividend yield comparison.

Year	OPP	DHY
2026	6.02%	4.48%
2025	14.34%	9.30%
2024	14.29%	8.69%
2023	14.66%	9.39%
2022	20.43%	10.57%
2021	13.40%	7.61%
2020	15.09%	8.68%
2019	13.39%	9.02%
2018	11.08%	11.20%
2017	8.22%	9.40%
2016	1.19%	10.52%
2015	0.00%	12.63%
2014	0.00%	10.29%
2013	0.00%	10.28%
2012	0.00%	9.94%
2011	0.00%	11.04%
2010	0.00%	11.00%
2009	0.00%	10.85%
2008	0.00%	26.00%
2007	0.00%	12.23%
2006	0.00%	10.26%
2005	0.00%	11.72%
2004	0.00%	11.37%
2003	0.00%	10.88%
2002	0.00%	19.28%
2001	0.00%	16.48%
2000	0.00%	7.18%