FOF vs. AVERX

Last updated Apr 1, 2026

Compare and contrast key facts about Cohen & Steers Closed-End Opportunity Fund (FOF) and Ave Maria Value Focused Fund (AVERX).

FOF is an actively managed fund by Cohen & Steers. It was launched on Nov 24, 2006. AVERX is a passively managed fund by Schwartz Investment Counsel that tracks the performance of the S&P 500® Index. It was launched on Jan 1, 1984.

Performance

FOF vs. AVERX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Closed-End Opportunity Fund (FOF) and Ave Maria Value Focused Fund (AVERX). The values are adjusted to include any dividend payments, if applicable.

FOF vs. AVERX - Yearly Performance Comparison

	2026 (YTD)	2025
FOF Cohen & Steers Closed-End Opportunity Fund	-0.96%	20.48%
AVERX Ave Maria Value Focused Fund	18.00%	0.37%

Returns By Period

In the year-to-date period, FOF achieves a -0.96% return, which is significantly lower than AVERX's 18.00% return.

FOF

• 1D: 1.83%
• 1M: -10.52%
• YTD: -0.96%
• 6M: 2.28%
• 1Y: 15.30%
• 3Y*: 14.99%
• 5Y*: 8.04%
• 10Y*: 10.65%

AVERX

• 1D: -2.95%
• 1M: -7.71%
• YTD: 18.00%
• 6M: 17.78%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FOF vs. AVERX - Expense Ratio Comparison

FOF has a 0.95% expense ratio, which is lower than AVERX's 1.26% expense ratio.

AVERX

Ave Maria Value Focused Fund

FOF

Cohen & Steers Closed-End Opportunity Fund

Return for Risk

FOF vs. AVERX — Risk / Return Rank

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

FOF

FOF Risk / Return Rank: 42
FOF Sharpe Ratio Rank: 40
FOF Sortino Ratio Rank: 43
FOF Omega Ratio Rank: 52
FOF Calmar Ratio Rank: 37
FOF Martin Ratio Rank: 38

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.

FOF vs. AVERX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Closed-End Opportunity Fund (FOF) and Ave Maria Value Focused Fund (AVERX). 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.

	FOF	AVERX	Difference
Sharpe ratio Return per unit of total volatility	0.83	—	—
Sortino ratio Return per unit of downside risk	1.27	—	—
Omega ratio Gain probability vs. loss probability	1.21	—	—
Calmar ratio Return relative to maximum drawdown	0.98	—	—
Martin ratio Return relative to average drawdown	3.97	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FOF	AVERX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.83	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.53	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.31	1.06	-0.75

Correlation

The correlation between FOF and AVERX is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FOF vs. AVERX - Dividend Comparison

FOF's dividend yield for the trailing twelve months is around 8.14%, more than AVERX's 0.35% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOF Cohen & Steers Closed-End Opportunity Fund	8.14%	7.91%	8.22%	9.32%	9.99%	7.06%	8.41%	7.78%	9.41%	7.84%	8.90%	9.49%
AVERX Ave Maria Value Focused Fund	0.35%	0.41%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FOF vs. AVERX - Drawdown Comparison

The maximum FOF drawdown since its inception was -59.38%, which is greater than AVERX's maximum drawdown of -11.33%. Use the drawdown chart below to compare losses from any high point for FOF and AVERX.

Drawdown Indicators

	FOF	AVERX	Difference
Max Drawdown Largest peak-to-trough decline	-59.38%	-11.33%	-48.05%
Max Drawdown (1Y) Largest decline over 1 year	-15.07%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.96%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.74%	—	—
Current Drawdown Current decline from peak	-13.52%	-8.20%	-5.32%
Average Drawdown Average peak-to-trough decline	-9.37%	-5.38%	-3.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.73%	—	—

Volatility

Volatility by Period

	FOF	AVERX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.09%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	19.10%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.99%	19.10%	-1.11%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.25%	19.10%	+1.15%