Performance analysis of OPP (RiverNorth/DoubleLine Strategic opportunity fund)
Annual Return
Over the past 3 years, OPP has had an average annual return of +11.71%, underperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, OPP has had an average annual return of +0.09%, underperforming the benchmark SPY, which returned +13.88% annual.
Since Sep 28, 2016, OPP has had an average annual return of +3.03%, underperforming the benchmark SPY, which returned +15.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| +1.45% | +9.17% | +16.09% | +11.44% | -28.08% | +12.34% | +1.40% | +15.06% | -1.93% | +7.94% | -6.64% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.14% | +1.53% | -1.75% | +3.80% | -1.51% | -0.65% | +1.45% | ||||||
| 2025 | +3.57% | +3.24% | -0.52% | -1.43% | +2.70% | +1.85% | +1.60% | +2.40% | -0.88% | -3.61% | -0.06% | +0.21% | +9.17% |
| 2024 | +2.03% | -1.06% | +5.87% | -3.02% | +4.13% | +2.95% | +3.50% | +2.14% | +2.62% | -3.17% | +0.53% | -1.07% | +16.09% |
| 2023 | +6.74% | -3.92% | -0.42% | -0.68% | -1.41% | +5.68% | +2.39% | -0.67% | -5.56% | -4.55% | +9.44% | +5.11% | +11.44% |
| 2022 | -0.76% | -2.70% | -6.13% | -6.43% | -1.85% | -0.90% | +5.70% | -6.23% | -11.18% | -0.43% | +5.93% | -6.11% | -28.08% |
| 2021 | +2.01% | +3.10% | +3.53% | +2.51% | +2.55% | +1.20% | +3.71% | -0.13% | -6.93% | +3.15% | +1.92% | -4.31% | +12.34% |
| 2020 | +3.29% | -2.54% | -19.87% | +5.43% | +5.45% | +1.81% | +3.74% | +0.89% | -2.15% | -0.92% | +7.41% | +1.90% | +1.40% |
| 2019 | +5.52% | -1.58% | +0.43% | +3.80% | +1.26% | +2.22% | +3.35% | +2.34% | -0.38% | +0.89% | -4.31% | +0.94% | +15.06% |
| 2018 | -0.44% | +0.12% | -0.34% | +1.08% | -1.80% | +2.66% | -0.29% | +0.63% | -2.03% | -3.07% | -0.07% | +1.76% | -1.93% |
| 2017 | +1.63% | +2.41% | +0.49% | +1.54% | +1.85% | +1.66% | -1.23% | +0.85% | -0.00978% | +0.19% | -3.16% | +1.58% | +7.94% |
Drawdown analysis of OPP (RiverNorth/DoubleLine Strategic opportunity fund)
The maximum drawdown for the OPP was -37.32%, occurring on Oct 26, 2023. This drawdown has not yet recovered.
The current OPP drawdown is -5.53%.
Since Sep 28, 2016 OPP has experienced the following drawdowns:
- 30% or more: 2 times
- 20% or more: 2 times
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -37.32% | Aug 9, 2021 | 558 | Oct 26, 2023 | Ongoing | Ongoing | Ongoing |
| -34.95% | Feb 14, 2020 | 22 | Mar 18, 2020 | 221 | Feb 2, 2021 | 243 |
| -12.91% | Oct 13, 2017 | 299 | Dec 21, 2018 | 68 | Apr 2, 2019 | 367 |
| -8.96% | Oct 3, 2016 | 35 | Nov 21, 2016 | 129 | May 30, 2017 | 164 |
| -6.96% | Oct 14, 2019 | 49 | Dec 23, 2019 | 32 | Feb 10, 2020 | 81 |
| -4.67% | Jul 14, 2021 | 3 | Jul 19, 2021 | 3 | Jul 22, 2021 | 6 |
| -3.22% | Jun 30, 2017 | 4 | Jul 7, 2017 | 44 | Sep 8, 2017 | 48 |
| -2.69% | Aug 8, 2019 | 5 | Aug 15, 2019 | 11 | Aug 30, 2019 | 16 |
| -2.36% | Apr 15, 2021 | 2 | Apr 19, 2021 | 6 | Apr 27, 2021 | 8 |
| -1.91% | Jun 14, 2021 | 5 | Jun 21, 2021 | 10 | Jul 6, 2021 | 15 |
| -1.86% | Mar 15, 2021 | 3 | Mar 18, 2021 | 9 | Mar 31, 2021 | 12 |
| -1.78% | Sep 4, 2019 | 2 | Sep 6, 2019 | 8 | Sep 18, 2019 | 10 |
| -1.76% | Sep 15, 2017 | 12 | Oct 3, 2017 | 1 | Oct 4, 2017 | 13 |
| -1.67% | Mar 3, 2021 | 1 | Mar 4, 2021 | 4 | Mar 10, 2021 | 5 |
| -1.48% | Sep 19, 2019 | 7 | Sep 30, 2019 | 5 | Oct 7, 2019 | 12 |
| -1.41% | Feb 24, 2021 | 2 | Feb 26, 2021 | 3 | Mar 3, 2021 | 5 |
| -1.31% | Jul 22, 2021 | 3 | Jul 27, 2021 | 4 | Aug 2, 2021 | 7 |
| -1.16% | May 13, 2021 | 6 | May 21, 2021 | 2 | May 25, 2021 | 8 |
| -1.14% | Jun 1, 2017 | 4 | Jun 7, 2017 | 10 | Jun 21, 2017 | 14 |
| -1.09% | Feb 9, 2021 | 6 | Feb 18, 2021 | 4 | Feb 24, 2021 | 10 |
| -1.08% | Jun 8, 2021 | 2 | Jun 10, 2021 | 1 | Jun 11, 2021 | 3 |
| -0.94% | Feb 10, 2020 | 1 | Feb 11, 2020 | 3 | Feb 14, 2020 | 4 |
| -0.93% | Jun 21, 2017 | 4 | Jun 27, 2017 | 2 | Jun 29, 2017 | 6 |
| -0.92% | Apr 15, 2019 | 6 | Apr 24, 2019 | 5 | May 1, 2019 | 11 |
| -0.91% | Jul 22, 2019 | 7 | Jul 31, 2019 | 2 | Aug 2, 2019 | 9 |