OPP vs GINN

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

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

OPP vs GINN - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

Winner

OPP

$209M

GINN

$209M

Expense Ratio

OPP

N/A

GINN

0.50%

Max Drawdown

OPP

63.59%

Winner

GINN

41.60%

Sharpe Ratio

OPP

0.15

Winner

GINN

0.75

5Y Beta

Winner

OPP

0.27

GINN

1.08

P/E Ratio

OPP

N/A

GINN

-2861.92

Forward P/E

OPP

N/A

GINN

19.07

5Y Dividends CAGR

OPP

-11.02%

GINN

N/A

5Y EPS CAGR

OPP

N/A

GINN

20.31%

P/S Ratio

OPP

N/A

GINN

0.78

P/B Ratio

OPP

N/A

GINN

4.18

OPP vs GINN - Historical Returns

Returns include dividend reinvestment.

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

Winner

OPP

+3.34%

GINN

+1.03%

OPP

+0.73%

Winner

GINN

+5.27%

Winner

OPP

+4.96%

GINN

+4.19%

OPP

+4.40%

Winner

GINN

+15.91%

5Y(CAGR)

OPP

-0.19%

Winner

GINN

+5.97%

10Y(CAGR)

OPP

+3.31%

GINN

N/A

Max(CAGR)

OPP

+3.31%

Winner

GINN

+8.95%

OPP vs GINN - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

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

OPP vs GINN 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 GINN was -41.25%, occurring on Oct 14, 2022. Recovery took 756 trading sessions.

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

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

Correlation

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

0.85

-101

Dividend Comparison (2016 - 2026)

OPP vs GINN dividend yield comparison.

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