OPP vs XTWO

Comparison between RiverNorth/DoubleLine Strategic opportunity fund Inc (OPP, ETF) and BONDBLOXX BLOOMBERG TWO YEAR TARGET DURATION US TREASURY ETF (XTWO, ETF).

OPP vs XTWO - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	OPP(ETF)	XTWO(ETF)
Net Assets	$206M	$206M
Expense Ratio	N/A	0.05%
Max Drawdown	63.59%	3.14%
Sharpe Ratio	-0.44	-0.99
5Y Beta	0.28	-0.01
5Y Dividends CAGR	-7.83%	N/A

Net Assets

OPP

$206M

Winner

XTWO

$206M

Expense Ratio

OPP

N/A

XTWO

0.05%

Max Drawdown

OPP

63.59%

Winner

XTWO

3.14%

Sharpe Ratio

Winner

OPP

-0.44

XTWO

-0.99

5Y Beta

OPP

0.28

Winner

XTWO

-0.01

5Y Dividends CAGR

OPP

-7.83%

XTWO

N/A

OPP vs XTWO - Historical Returns

Returns include dividend reinvestment.

Period	OPP	XTWO
1 month	-0.54%	+0.27%
3 months	+1.19%	+0.44%
6 months	+1.50%	+0.10%
1 year	-0.80%	+2.37%
5 years(CAGR)	-0.09%	N/A
10 years(CAGR)	+3.13%	N/A
Max(CAGR)	+3.13%	+3.64%

OPP

-0.54%

Winner

XTWO

+0.27%

Winner

OPP

+1.19%

XTWO

+0.44%

Winner

OPP

+1.50%

XTWO

+0.10%

OPP

-0.80%

Winner

XTWO

+2.37%

5Y(CAGR)

OPP

-0.09%

XTWO

N/A

10Y(CAGR)

OPP

+3.13%

XTWO

N/A

Max(CAGR)

OPP

+3.13%

Winner

XTWO

+3.64%

OPP vs XTWO - Annual Returns (2016 - 2026)

Returns include dividend reinvestment.

Year	OPP	XTWO
2026	+3.33%	+0.89%
2025	+7.88%	+5.19%
2024	+16.08%	+4.04%
2023	+9.06%	+4.19%
2022	-28.83%	+0.17%
2021	+11.95%	N/A
2020	+1.34%	N/A
2019	+15.05%	N/A
2018	-2.14%	N/A
2017	+7.77%	N/A
2016	-6.64%	N/A

OPP vs XTWO 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 XTWO was -1.73%, occurring on Jul 6, 2023. Recovery took 134 trading sessions.

The current OPP drawdown is -3.91%. The current XTWO drawdown is -0.26%.

Rank	OPP	XTWO
#1	-37.33% Aug 9, 2021 - Oct 26, 2023	-1.73% May 4, 2023 - Nov 14, 2023
#2	-34.94% Feb 14, 2020 - Feb 2, 2021	-1.54% Feb 2, 2023 - Mar 13, 2023
#3	-12.91% Oct 13, 2017 - Apr 2, 2019	-1.18% Mar 21, 2024 - Jun 6, 2024
#4	-8.96% Oct 3, 2016 - May 30, 2017	-1.15% Sep 16, 2022 - Dec 1, 2022
#5	-6.96% Oct 14, 2019 - Feb 10, 2020	-1.07% Sep 24, 2024 - Jan 28, 2025
#6	-4.68% Jul 14, 2021 - Jul 22, 2021	-0.91% Feb 27, 2026 - Aug 4, 2026
#7	-3.22% Jun 30, 2017 - Sep 8, 2017	-0.81% Feb 1, 2024 - Mar 21, 2024
#8	-2.70% Aug 8, 2019 - Aug 30, 2019	-0.77% Apr 30, 2025 - Jun 23, 2025
#9	-2.37% Apr 15, 2021 - Apr 27, 2021	-0.75% Mar 24, 2023 - May 3, 2023
#10	-1.91% Jun 14, 2021 - Jul 6, 2021	-0.52% Mar 17, 2023 - Mar 23, 2023
#11	-1.87% Mar 15, 2021 - Mar 31, 2021	-0.48% Apr 4, 2025 - Apr 25, 2025
#12	-1.78% Sep 4, 2019 - Sep 18, 2019	-0.41% Jan 12, 2024 - Feb 1, 2024
#13	-1.75% Sep 15, 2017 - Oct 4, 2017	-0.40% Mar 15, 2023 - Mar 17, 2023
#14	-1.67% Mar 3, 2021 - Mar 10, 2021	-0.37% Dec 16, 2022 - Jan 6, 2023
#15	-1.47% Sep 19, 2019 - Oct 7, 2019	-0.35% Mar 13, 2023 - Mar 15, 2023

Correlation

Correlation between OPP and XTWO is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2016 - 2026)

OPP vs XTWO dividend yield comparison.

Year	OPP	XTWO
2026	9.75%	2.27%
2025	14.34%	4.24%
2024	14.29%	4.54%
2023	14.66%	4.07%
2022	20.43%	1.13%
2021	13.40%	0.00%
2020	15.09%	0.00%
2019	13.39%	0.00%
2018	11.08%	0.00%
2017	8.22%	0.00%
2016	1.19%	0.00%