CSUAX vs. PXWEX

Last updated Jun 4, 2026

CSUAX (Cohen & Steers Global Infrastructure Fund Class A) and PXWEX (Pax Ellevate Global Women’s Leadership Fund) are both Global Equities funds. Over the past 10 years, CSUAX returned 7.38%/yr vs 10.57%/yr for PXWEX. A 0.72 correlation means they provide meaningful diversification when combined. CSUAX charges 1.22%/yr vs 0.77%/yr for PXWEX.

Performance

CSUAX vs. PXWEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Global Infrastructure Fund Class A (CSUAX) and Pax Ellevate Global Women’s Leadership Fund (PXWEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CSUAX achieves a 9.47% return, which is significantly lower than PXWEX's 10.82% return. Over the past 10 years, CSUAX has underperformed PXWEX with an annualized return of 7.38%, while PXWEX has yielded a comparatively higher 10.57% annualized return.

CSUAX

• 1D: 1.26%
• 1M: -2.22%
• YTD: 9.47%
• 6M: 8.83%
• 1Y: 16.20%
• 3Y*: 11.76%
• 5Y*: 6.74%
• 10Y*: 7.38%

PXWEX

• 1D: 0.31%
• 1M: 5.77%
• YTD: 10.82%
• 6M: 12.61%
• 1Y: 24.28%
• 3Y*: 16.76%
• 5Y*: 7.98%
• 10Y*: 10.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSUAX vs. PXWEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CSUAX Cohen & Steers Global Infrastructure Fund Class A	9.47%	14.30%	8.30%	2.09%	-5.20%	16.24%	-1.65%	24.26%	-5.83%	17.99%
PXWEX Pax Ellevate Global Women’s Leadership Fund	10.82%	17.41%	12.15%	18.14%	-19.99%	17.28%	13.67%	26.44%	-7.78%	24.87%

Correlation

The correlation between CSUAX and PXWEX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 3, 2004	0.72

Over the past year, the correlation between CSUAX and PXWEX has dropped to 0.35 - well below their long-term average of 0.72, suggesting their price drivers have been diverging.

Return for Risk

CSUAX vs. PXWEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSUAX

CSUAX Risk / Return Rank: 40
CSUAX Sharpe Ratio Rank: 35
CSUAX Sortino Ratio Rank: 35
CSUAX Omega Ratio Rank: 33
CSUAX Calmar Ratio Rank: 52
CSUAX Martin Ratio Rank: 44

PXWEX

PXWEX Risk / Return Rank: 49
PXWEX Sharpe Ratio Rank: 49
PXWEX Sortino Ratio Rank: 47
PXWEX Omega Ratio Rank: 46
PXWEX Calmar Ratio Rank: 46
PXWEX Martin Ratio Rank: 57

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSUAX vs. PXWEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Global Infrastructure Fund Class A (CSUAX) and Pax Ellevate Global Women’s Leadership Fund (PXWEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CSUAX	PXWEX	Difference
Sharpe ratio: Return per unit of total volatility	1.70	2.06	-0.36
Sortino ratio: Return per unit of downside risk	2.47	2.87	-0.40
Omega ratio: Gain probability vs. loss probability	1.30	1.37	-0.06
Calmar ratio: Return relative to maximum drawdown	2.75	2.58	+0.17
Martin ratio: Return relative to average drawdown	9.19	11.41	-2.22
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSUAX vs. PXWEX - Sharpe Ratio Comparison

The current CSUAX Sharpe Ratio is 1.70, which is comparable to the PXWEX Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of CSUAX and PXWEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	CSUAX	PXWEX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.70	2.06	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.52	0.50	+0.02
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.50	0.63	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.36	+0.19

Drawdowns

CSUAX vs. PXWEX - Drawdown Comparison

The maximum CSUAX drawdown since its inception was -52.20%, roughly equal to the maximum PXWEX drawdown of -53.70%. Use the drawdown chart below to compare losses from any high point for CSUAX and PXWEX.

Drawdown Indicators

	CSUAX	PXWEX	Difference
Max Drawdown Largest peak-to-trough decline	-52.20%	-53.70%	+1.50%
Max Drawdown (1Y) Largest decline over 1 year	-5.99%	-9.60%	+3.61%
Max Drawdown (3Y) Largest decline over 3 years	-14.95%	-18.31%	+3.36%
Max Drawdown (5Y) Largest decline over 5 years	-20.45%	-29.67%	+9.22%
Max Drawdown (10Y) Largest decline over 10 years	-35.05%	-34.47%	-0.58%
Current Drawdown Current decline from peak	-3.39%	0.00%	-3.39%
Average Drawdown Average peak-to-trough decline	-8.44%	-9.80%	+1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.79%	2.17%	-0.38%

Volatility

CSUAX vs. PXWEX - Volatility Comparison

The current volatility for Cohen & Steers Global Infrastructure Fund Class A (CSUAX) is 3.14%, while Pax Ellevate Global Women’s Leadership Fund (PXWEX) has a volatility of 3.33%. This indicates that CSUAX experiences smaller price fluctuations and is considered to be less risky than PXWEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSUAX	PXWEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.14%	3.33%	-0.19%
Volatility (6M) Calculated over the trailing 6-month period	7.82%	9.55%	-1.73%
Volatility (1Y) Calculated over the trailing 1-year period	9.68%	12.03%	-2.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.99%	16.05%	-3.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.92%	16.97%	-2.05%

CSUAX vs. PXWEX - Expense Ratio Comparison

CSUAX has a 1.22% expense ratio, which is higher than PXWEX's 0.77% expense ratio.

Dividends

CSUAX vs. PXWEX - Dividend Comparison

CSUAX's dividend yield for the trailing twelve months is around 7.39%, less than PXWEX's 8.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSUAX Cohen & Steers Global Infrastructure Fund Class A	7.39%	8.09%	2.23%	2.17%	3.55%	2.95%	1.30%	1.52%	2.08%	5.00%	2.04%	6.20%
PXWEX Pax Ellevate Global Women’s Leadership Fund	8.87%	9.83%	9.47%	1.60%	3.12%	1.21%	1.04%	3.03%	4.90%	2.49%	1.80%	2.41%

Frequently Asked Questions

Can I hold both CSUAX and PXWEX in my portfolio?

CSUAX and PXWEX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSUAX or PXWEX?

PXWEX has higher volatility (3.33%) compared to CSUAX (3.14%). In terms of maximum drawdown, CSUAX dropped -52.20% vs PXWEX's -53.70%.

Which has better risk-adjusted returns?

PXWEX currently has the higher Sharpe Ratio (2.06 vs 1.70), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.