OPP vs QQMG

Comparison between RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF) and Invesco ESG NASDAQ 100 ETF (QQMG, ETF).

5-Year PerformanceQQMG has outperformed OPP, delivering a return of +17.0% compared to +0.3%

OPP vs QQMG - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPP(ETF)	QQMG(ETF)
Net Assets	$210M	$211M
Expense Ratio	N/A	0.20%
Max Drawdown	63.59%	35.79%
Sharpe Ratio	0.11	1.83
5Y Beta	0.26	1.27
P/E Ratio	N/A	38.72
Forward P/E	N/A	25.90
PEG Ratio	N/A	0.33
5Y Dividends CAGR	-12.58%	N/A
5Y EPS CAGR	N/A	32.38%
Debt to Equity	N/A	34.56%

Net Assets

OPP

$210M

Winner

QQMG

$211M

Expense Ratio

OPP

N/A

QQMG

0.20%

Max Drawdown

OPP

63.59%

Winner

QQMG

35.79%

Sharpe Ratio

OPP

0.11

Winner

QQMG

1.83

5Y Beta

Winner

OPP

0.26

QQMG

1.27

P/E Ratio

OPP

N/A

QQMG

38.72

Forward P/E

OPP

N/A

QQMG

25.90

PEG Ratio

OPP

N/A

QQMG

0.33

5Y Dividends CAGR

OPP

-12.58%

QQMG

N/A

5Y EPS CAGR

OPP

N/A

QQMG

32.38%

Debt to Equity

OPP

N/A

QQMG

34.56%

OPP vs QQMG - Historical Returns

Returns include dividend reinvestment.

Period	OPP	QQMG
1 month	+0.15%	+5.14%
3 months	+2.52%	+26.24%
6 months	+3.84%	+22.73%
1 year	+4.00%	+42.72%
5 years(CAGR)	+0.33%	+17.03%
10 years(CAGR)	+3.23%	N/A
Max(CAGR)	+3.23%	+17.03%

OPP

+0.15%

Winner

QQMG

+5.14%

OPP

+2.52%

Winner

QQMG

+26.24%

OPP

+3.84%

Winner

QQMG

+22.73%

OPP

+4.00%

Winner

QQMG

+42.72%

5Y(CAGR)

OPP

+0.33%

Winner

QQMG

+17.03%

10Y(CAGR)

OPP

+3.23%

QQMG

N/A

Max(CAGR)

OPP

+3.23%

Winner

QQMG

+17.03%

OPP vs QQMG - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OPP	QQMG
2026	+2.40%	+21.55%
2025	+7.88%	+22.61%
2024	+16.24%	+27.95%
2023	+9.24%	+56.26%
2022	-28.69%	-32.08%
2021	+12.12%	+5.01%
2020	+1.52%	N/A
2019	+15.23%	N/A
2018	-2.02%	N/A
2017	+7.87%	N/A
2016	-6.63%	N/A

OPP vs QQMG Drawdown Comparison

The maximum drawdown for OPP was -37.07%, occurring on Oct 26, 2023. This drawdown has not yet recovered.

The maximum drawdown for QQMG was -35.44%, occurring on Oct 14, 2022. Recovery took 491 trading sessions.

The current OPP drawdown is -4.22%. The current QQMG drawdown is -0.88%.

Rank	OPP	QQMG
#1	-37.07% Aug 9, 2021 - Oct 26, 2023	-35.44% Dec 27, 2021 - Dec 8, 2023
#2	-34.93% Feb 14, 2020 - Feb 2, 2021	-22.79% Feb 19, 2025 - Jun 24, 2025
#3	-12.79% Oct 13, 2017 - Apr 2, 2019	-14.16% Jul 10, 2024 - Nov 7, 2024
#4	-8.96% Oct 3, 2016 - May 30, 2017	-12.67% Jan 28, 2026 - Apr 15, 2026
#5	-6.92% Oct 14, 2019 - Feb 10, 2020	-7.95% Mar 22, 2024 - May 15, 2024
#6	-4.67% Jul 14, 2021 - Jul 21, 2021	-7.84% Oct 29, 2025 - Jan 28, 2026
#7	-3.22% Jun 30, 2017 - Sep 8, 2017	-6.99% Jun 2, 2026 - Jun 10, 2026
#8	-2.68% Aug 8, 2019 - Aug 30, 2019	-6.04% Dec 16, 2024 - Feb 18, 2025
#9	-2.37% Apr 15, 2021 - Apr 27, 2021	-5.19% Nov 19, 2021 - Dec 27, 2021
#10	-1.89% Jun 14, 2021 - Jul 6, 2021	-3.85% Dec 28, 2023 - Jan 16, 2024
#11	-1.85% Mar 15, 2021 - Mar 31, 2021	-3.68% Oct 8, 2025 - Oct 24, 2025
#12	-1.78% Sep 4, 2019 - Sep 18, 2019	-3.63% Nov 7, 2024 - Dec 3, 2024
#13	-1.75% Sep 15, 2017 - Oct 4, 2017	-3.49% Feb 9, 2024 - Mar 1, 2024
#14	-1.67% Mar 3, 2021 - Mar 10, 2021	-3.18% Aug 13, 2025 - Sep 11, 2025
#15	-1.47% Sep 19, 2019 - Oct 7, 2019	-2.98% Jun 18, 2024 - Jul 3, 2024

Correlation

Correlation between OPP and QQMG is 0.78 which considered as a strong positive correlation - the stocks tend to move together.

0.78

-101

Dividend Comparison (2016 - 2026)

OPP vs QQMG dividend yield comparison.

Year	OPP	QQMG
2026	7.20%	0.08%
2025	14.34%	0.41%
2024	14.43%	0.50%
2023	14.83%	0.60%
2022	20.68%	0.82%
2021	13.56%	0.08%
2020	15.26%	0.00%
2019	13.55%	0.00%
2018	11.21%	0.00%
2017	8.31%	0.00%
2016	1.21%	0.00%