FOF vs. FALN
Compare and contrast key facts about Cohen & Steers Closed-End Opportunity Fund (FOF) and iShares Fallen Angels USD Bond ETF (FALN).
FOF is an actively managed fund by Cohen & Steers. It was launched on Nov 24, 2006. FALN is a passively managed fund by iShares that tracks the performance of the Bloomberg US High Yield Fallen Angel 3% Capped Index. It was launched on Jun 14, 2016.
Performance
FOF vs. FALN - Performance Comparison
Loading graphics...
FOF vs. FALN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FOF Cohen & Steers Closed-End Opportunity Fund | -0.96% | 13.01% | 23.65% | 17.90% | -22.69% | 28.24% | 1.52% | 31.37% | -9.43% | 23.41% |
FALN iShares Fallen Angels USD Bond ETF | -1.06% | 8.92% | 7.68% | 13.47% | -13.79% | 5.40% | 14.85% | 17.42% | -4.97% | 8.70% |
Returns By Period
In the year-to-date period, FOF achieves a -0.96% return, which is significantly higher than FALN's -1.06% 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%
FALN
- 1D
- 1.04%
- 1M
- -2.55%
- YTD
- -1.06%
- 6M
- -0.67%
- 1Y
- 6.34%
- 3Y*
- 8.32%
- 5Y*
- 3.59%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FOF vs. FALN - Expense Ratio Comparison
FOF has a 0.95% expense ratio, which is higher than FALN's 0.25% expense ratio.
Return for Risk
FOF vs. FALN — Risk / Return Rank
FOF
FALN
FOF vs. FALN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Closed-End Opportunity Fund (FOF) and iShares Fallen Angels USD Bond ETF (FALN). 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 | FALN | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.92 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.27 | 1.31 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.22 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 0.98 | 1.15 | -0.16 |
Martin ratioReturn relative to average drawdown | 3.97 | 4.96 | -0.98 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FOF | FALN | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.92 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.50 | -0.05 |
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 | 0.72 | -0.41 |
Correlation
The correlation between FOF and FALN is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
FOF vs. FALN - Dividend Comparison
FOF's dividend yield for the trailing twelve months is around 8.14%, more than FALN's 6.51% 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% |
FALN iShares Fallen Angels USD Bond ETF | 6.51% | 6.31% | 6.24% | 5.37% | 5.08% | 3.40% | 5.14% | 5.35% | 5.97% | 6.98% | 3.55% | 0.00% |
Drawdowns
FOF vs. FALN - Drawdown Comparison
The maximum FOF drawdown since its inception was -59.38%, which is greater than FALN's maximum drawdown of -29.22%. Use the drawdown chart below to compare losses from any high point for FOF and FALN.
Loading graphics...
Drawdown Indicators
| FOF | FALN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.38% | -29.22% | -30.16% |
Max Drawdown (1Y)Largest decline over 1 year | -15.07% | -5.57% | -9.50% |
Max Drawdown (5Y)Largest decline over 5 years | -29.96% | -18.78% | -11.18% |
Max Drawdown (10Y)Largest decline over 10 years | -49.74% | — | — |
Current DrawdownCurrent decline from peak | -13.52% | -2.83% | -10.69% |
Average DrawdownAverage peak-to-trough decline | -9.37% | -3.37% | -6.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.73% | 1.29% | +2.44% |
Volatility
FOF vs. FALN - Volatility Comparison
Cohen & Steers Closed-End Opportunity Fund (FOF) has a higher volatility of 6.09% compared to iShares Fallen Angels USD Bond ETF (FALN) at 2.77%. This indicates that FOF's price experiences larger fluctuations and is considered to be riskier than FALN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FOF | FALN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.09% | 2.77% | +3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 11.03% | 3.53% | +7.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.57% | 6.90% | +11.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.99% | 7.28% | +10.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.25% | 9.01% | +11.24% |