FOF vs. RDTE

Last updated Apr 2, 2026

Compare and contrast key facts about Cohen & Steers Closed-End Opportunity Fund (FOF) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE).

FOF is an actively managed fund by Cohen & Steers. It was launched on Nov 24, 2006. RDTE is an actively managed fund by Roundhill. It was launched on Sep 9, 2024.

Performance

FOF vs. RDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Closed-End Opportunity Fund (FOF) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). The values are adjusted to include any dividend payments, if applicable.

FOF vs. RDTE - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FOF Cohen & Steers Closed-End Opportunity Fund	1.12%	13.01%	3.57%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	0.99%	9.46%	8.81%

Returns By Period

In the year-to-date period, FOF achieves a 1.12% return, which is significantly higher than RDTE's 0.99% return.

FOF

• 1D: 2.10%
• 1M: -8.83%
• YTD: 1.12%
• 6M: 4.03%
• 1Y: 17.14%
• 3Y*: 15.79%
• 5Y*: 8.49%
• 10Y*: 10.88%

RDTE

• 1D: 0.67%
• 1M: -4.76%
• YTD: 0.99%
• 6M: 1.65%
• 1Y: 18.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FOF vs. RDTE - Expense Ratio Comparison

Both FOF and RDTE have an expense ratio of 0.95%.

FOF

Cohen & Steers Closed-End Opportunity Fund

RDTE

Roundhill Small Cap 0DTE Covered Call Strategy ETF

Return for Risk

FOF vs. RDTE — Risk / Return Rank

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

FOF

FOF Risk / Return Rank: 46
FOF Sharpe Ratio Rank: 43
FOF Sortino Ratio Rank: 45
FOF Omega Ratio Rank: 55
FOF Calmar Ratio Rank: 44
FOF Martin Ratio Rank: 44

RDTE

RDTE Risk / Return Rank: 46
RDTE Sharpe Ratio Rank: 49
RDTE Sortino Ratio Rank: 44
RDTE Omega Ratio Rank: 43
RDTE Calmar Ratio Rank: 48
RDTE Martin Ratio Rank: 47

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. RDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Closed-End Opportunity Fund (FOF) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE). 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	RDTE	Difference
Sharpe ratio Return per unit of total volatility	0.92	0.92	0.00
Sortino ratio Return per unit of downside risk	1.40	1.28	+0.11
Omega ratio Gain probability vs. loss probability	1.23	1.18	+0.05
Calmar ratio Return relative to maximum drawdown	1.18	1.31	-0.14
Martin ratio Return relative to average drawdown	4.66	4.68	-0.02
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FOF vs. RDTE - Sharpe Ratio Comparison

The current FOF Sharpe Ratio is 0.92, which is comparable to the RDTE Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of FOF and RDTE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FOF	RDTE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	0.92	0.00
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.32	0.65	-0.34

Correlation

The correlation between FOF and RDTE is 0.50, 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. RDTE - Dividend Comparison

FOF's dividend yield for the trailing twelve months is around 7.97%, less than RDTE's 51.50% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOF Cohen & Steers Closed-End Opportunity Fund	7.97%	7.91%	8.22%	9.32%	9.99%	7.06%	8.41%	7.78%	9.41%	7.84%	8.90%	9.49%
RDTE Roundhill Small Cap 0DTE Covered Call Strategy ETF	51.50%	50.16%	10.70%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FOF vs. RDTE - Drawdown Comparison

The maximum FOF drawdown since its inception was -59.38%, which is greater than RDTE's maximum drawdown of -24.32%. Use the drawdown chart below to compare losses from any high point for FOF and RDTE.

Drawdown Indicators

	FOF	RDTE	Difference
Max Drawdown Largest peak-to-trough decline	-59.38%	-24.32%	-35.06%
Max Drawdown (1Y) Largest decline over 1 year	-15.07%	-13.91%	-1.16%
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	-11.70%	-5.96%	-5.74%
Average Drawdown Average peak-to-trough decline	-9.38%	-5.04%	-4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.80%	3.90%	-0.10%

Volatility

FOF vs. RDTE - Volatility Comparison

Cohen & Steers Closed-End Opportunity Fund (FOF) and Roundhill Small Cap 0DTE Covered Call Strategy ETF (RDTE) have volatilities of 6.56% and 6.85%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FOF	RDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.56%	6.85%	-0.29%
Volatility (6M) Calculated over the trailing 6-month period	11.21%	13.07%	-1.86%
Volatility (1Y) Calculated over the trailing 1-year period	18.68%	19.72%	-1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.02%	19.45%	-1.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.26%	19.45%	+0.81%