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RIV vs PBP

Comparison between RiverNorth Opportunities Fund Inc (RIV, ETF) and INVESCO S&P 500 BUYWRITE ETF (PBP, ETF).

5-Year PerformancePBP has outperformed RIV, delivering a return of +7.9% compared to +5.3%

RIV vs PBP - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Net Assets
Winner
RIV
$335M
PBP
$335M
Expense Ratio
RIV
N/A
PBP
0.29%
Max Drawdown
RIV
54.84%
Winner
PBP
45.11%
Sharpe Ratio
RIV
0.79
Winner
PBP
1.75
5Y Beta
Winner
RIV
0.44
PBP
0.64
P/E Ratio
RIV
N/A
PBP
29.47
Forward P/E
RIV
N/A
PBP
22.41
5Y Dividends CAGR
RIV
-4.12%
Winner
PBP
63.54%
5Y EPS CAGR
RIV
N/A
PBP
29.37%
Debt to Equity
RIV
N/A
PBP
40.80%
P/S Ratio
RIV
N/A
PBP
3.73
P/B Ratio
RIV
N/A
PBP
5.66

RIV vs PBP - Historical Returns

Returns include dividend reinvestment.

1M
RIV
-1.36%
Winner
PBP
+0.82%
3M
RIV
+1.09%
Winner
PBP
+2.27%
6M
RIV
+3.83%
Winner
PBP
+5.41%
1Y
RIV
+11.14%
Winner
PBP
+17.16%
5Y(CAGR)
RIV
+5.26%
Winner
PBP
+7.90%
10Y(CAGR)
Winner
RIV
+8.88%
PBP
+7.04%
Max(CAGR)
Winner
RIV
+8.45%
PBP
+5.17%

RIV vs PBP - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

YearRIVPBP
2026+3.50%+3.80%
2025+16.40%+8.98%
2024+18.97%+19.86%
2023+0.35%+11.74%
2022-14.10%-12.23%
2021+12.99%+20.87%
2020+14.24%-3.82%
2019+13.45%+13.35%
2018-8.51%-6.07%
2017+17.64%+11.20%
2016+8.14%+6.99%
2015+0.25%+5.54%
2014N/A+5.12%
2013N/A+11.48%
2012N/A+2.90%
2011N/A+4.10%
2010N/A+4.09%
2009N/A+21.34%
2008N/A-28.92%
2007N/A+2.07%

RIV vs PBP Drawdown Comparison

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

The maximum drawdown for PBP was -43.43%, occurring on Mar 9, 2009. Recovery took 1243 trading sessions.

The current RIV drawdown is -2.72%. The current PBP drawdown is -1.05%.

RankRIVPBP
#1-42.87%
Feb 12, 2020 - Sep 11, 2020
-43.43%
Apr 30, 2008 - Apr 10, 2013
#2-28.99%
Aug 9, 2021 - Jul 15, 2024
-33.29%
Feb 19, 2020 - Apr 6, 2021
#3-27.47%
Jun 13, 2018 - Feb 10, 2020
-18.62%
Apr 13, 2022 - Feb 23, 2024
#4-19.61%
Dec 30, 2015 - Apr 20, 2016
-15.74%
Sep 21, 2018 - Nov 7, 2019
#5-15.19%
Feb 18, 2025 - May 19, 2025
-15.42%
Feb 19, 2025 - Oct 20, 2025
#6-11.72%
Sep 14, 2020 - Dec 3, 2020
-9.87%
Dec 21, 2007 - Apr 30, 2008
#7-8.67%
Dec 3, 2024 - Feb 13, 2025
-9.85%
Jul 20, 2015 - Nov 27, 2015
#8-7.65%
Feb 25, 2026 - Apr 22, 2026
-8.53%
Dec 1, 2015 - Jun 23, 2016
#9-6.80%
Sep 15, 2025 - Jan 6, 2026
-8.04%
Jan 26, 2018 - May 14, 2018
#10-6.39%
Sep 7, 2016 - Jan 20, 2017
-7.58%
Sep 17, 2014 - Apr 10, 2015
#11-6.31%
Sep 13, 2017 - Jan 8, 2018
-6.46%
Jan 3, 2022 - Mar 28, 2022
#12-5.60%
Jul 14, 2021 - Aug 6, 2021
-5.46%
Jul 23, 2024 - Aug 15, 2024
#13-4.99%
Jul 16, 2024 - Aug 12, 2024
-5.23%
Feb 25, 2026 - Apr 30, 2026
#14-4.89%
Jun 9, 2016 - Jul 5, 2016
-4.94%
Jan 15, 2014 - Feb 14, 2014
#15-4.89%
May 7, 2021 - May 26, 2021
-3.90%
May 21, 2013 - Oct 14, 2013

Correlation

Correlation between RIV and PBP is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96
-101

Dividend Comparison (2008 - 2026)

RIV vs PBP dividend yield comparison.

YearRIVPBP
20265.70%4.54%
202512.80%11.12%
202413.46%9.36%
202313.96%3.35%
202216.61%1.33%
202114.31%6.21%
202013.42%1.41%
201912.34%5.04%
201815.51%2.59%
201710.14%10.86%
201613.01%2.56%
20150.00%6.19%
20140.00%4.96%
20130.00%6.62%
20120.00%4.38%
20110.00%10.88%
20100.00%7.91%
20090.00%1.53%
20080.00%2.38%

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