RIV vs HPF

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

5-Year PerformanceRIV has outperformed HPF, delivering a return of +5.4% compared to +3.0%

RIV vs HPF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RIV(ETF)	HPF(ETF)
Net Assets	$330M	$328M
Max Drawdown	54.84%	74.26%
Sharpe Ratio	0.45	0.83
5Y Beta	0.44	0.38
5Y Dividends CAGR	-5.36%	0.01%

Net Assets

Winner

RIV

$330M

HPF

$328M

Max Drawdown

Winner

RIV

54.84%

HPF

74.26%

Sharpe Ratio

RIV

0.45

Winner

HPF

0.83

5Y Beta

RIV

0.44

Winner

HPF

0.38

5Y Dividends CAGR

RIV

-5.36%

Winner

HPF

0.01%

RIV vs HPF - Historical Returns

Returns include dividend reinvestment.

Period	RIV	HPF
1 month	+1.05%	+1.80%
3 months	+1.85%	+2.80%
6 months	+3.56%	+3.20%
1 year	+10.76%	+10.58%
5 years(CAGR)	+5.44%	+2.98%
10 years(CAGR)	+8.70%	+4.84%
Max(CAGR)	+8.59%	+6.99%

RIV

+1.05%

Winner

HPF

+1.80%

RIV

+1.85%

Winner

HPF

+2.80%

Winner

RIV

+3.56%

HPF

+3.20%

Winner

RIV

+10.76%

HPF

+10.58%

5Y(CAGR)

Winner

RIV

+5.44%

HPF

+2.98%

10Y(CAGR)

Winner

RIV

+8.70%

HPF

+4.84%

Max(CAGR)

Winner

RIV

+8.59%

HPF

+6.99%

RIV vs HPF - Annual Returns (2002 - 2026)

Returns include dividend reinvestment.

Year	RIV	HPF
2026	+5.95%	+4.12%
2025	+16.40%	+5.47%
2024	+18.97%	+11.75%
2023	+0.35%	+9.70%
2022	-14.10%	-18.34%
2021	+12.99%	+19.11%
2020	+14.24%	-7.71%
2019	+13.45%	+24.95%
2018	-8.51%	-4.87%
2017	+17.64%	+13.87%
2016	+8.14%	+11.23%
2015	+0.25%	+3.45%
2014	N/A	+22.16%
2013	N/A	-12.91%
2012	N/A	+10.84%
2011	N/A	+22.05%
2010	N/A	+18.20%
2009	N/A	+34.03%
2008	N/A	-22.68%
2007	N/A	-20.11%
2006	N/A	+30.35%
2005	N/A	-7.39%
2004	N/A	+5.52%
2003	N/A	+13.94%
2002	N/A	-0.04%

RIV vs HPF Drawdown Comparison

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

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

The current RIV drawdown is -1.28%. The current HPF drawdown is -0.98%.

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

Correlation

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

0.93

-101

Dividend Comparison (2003 - 2026)

RIV vs HPF dividend yield comparison.

Year	RIV	HPF
2026	7.97%	5.43%
2025	12.80%	9.22%
2024	13.46%	8.95%
2023	13.96%	9.39%
2022	16.61%	9.45%
2021	14.31%	7.10%
2020	13.42%	7.80%
2019	12.34%	7.32%
2018	15.51%	8.96%
2017	10.14%	7.82%
2016	13.01%	8.30%
2015	0.00%	7.85%
2014	0.00%	8.26%
2013	0.00%	9.39%
2012	0.00%	7.76%
2011	0.00%	8.41%
2010	0.00%	8.00%
2009	0.00%	9.10%
2008	0.00%	14.09%
2007	0.00%	9.97%
2006	0.00%	9.02%
2005	0.00%	10.32%
2004	0.00%	8.59%
2003	0.00%	9.17%