VEOIX vs. CSUAX

Last updated Jun 24, 2026

VEOIX (Vanguard Global Environmental Opportunities Stock Fund Investor Shares) and CSUAX (Cohen & Steers Global Infrastructure Fund Class A) are both Global Equities funds. VEOIX is actively managed, while CSUAX is passively managed. Over the past 3 years, VEOIX returned 9.43%/yr vs 12.18%/yr for CSUAX. A 0.53 correlation means they provide meaningful diversification when combined. VEOIX charges 0.70%/yr vs 1.22%/yr for CSUAX.

Performance

VEOIX vs. CSUAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) and Cohen & Steers Global Infrastructure Fund Class A (CSUAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, VEOIX achieves a 14.28% return, which is significantly higher than CSUAX's 10.30% return.

VEOIX

• 1D: 0.73%
• 1M: 3.71%
• YTD: 14.28%
• 6M: 13.39%
• 1Y: 23.42%
• 3Y*: 9.43%
• 5Y*: —
• 10Y*: —

CSUAX

• 1D: 0.38%
• 1M: -1.48%
• YTD: 10.30%
• 6M: 10.30%
• 1Y: 17.70%
• 3Y*: 12.18%
• 5Y*: 7.09%
• 10Y*: 7.57%

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

VEOIX vs. CSUAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares	14.28%	16.46%	0.32%	6.03%	-2.49%
CSUAX Cohen & Steers Global Infrastructure Fund Class A	10.30%	14.30%	8.30%	2.09%	-0.09%

Correlation

The correlation between VEOIX and CSUAX is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.41
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (All Time) Calculated using the full available price history since Nov 21, 2022	0.53

The correlation between VEOIX and CSUAX shifts across timeframes, from 0.41 (1 year) to 0.53 (all time), reflecting how their relationship changes across market environments.

Return for Risk

VEOIX vs. CSUAX — Risk / Return Rank

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

VEOIX

VEOIX Risk / Return Rank: 40
VEOIX Sharpe Ratio Rank: 38
VEOIX Sortino Ratio Rank: 36
VEOIX Omega Ratio Rank: 35
VEOIX Calmar Ratio Rank: 49
VEOIX Martin Ratio Rank: 42

CSUAX

CSUAX Risk / Return Rank: 52
CSUAX Sharpe Ratio Rank: 48
CSUAX Sortino Ratio Rank: 47
CSUAX Omega Ratio Rank: 45
CSUAX Calmar Ratio Rank: 70
CSUAX Martin Ratio Rank: 51

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.

VEOIX vs. CSUAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) and Cohen & Steers Global Infrastructure Fund Class A (CSUAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VEOIX	CSUAX	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.87	-0.21
Sortino ratio: Return per unit of downside risk	2.30	2.66	-0.36
Omega ratio: Gain probability vs. loss probability	1.29	1.33	-0.04
Calmar ratio: Return relative to maximum drawdown	2.56	3.08	-0.52
Martin ratio: Return relative to average drawdown	8.57	9.76	-1.19

VEOIX vs. CSUAX - Sharpe Ratio Comparison

The current VEOIX Sharpe Ratio is 1.66, which is comparable to the CSUAX Sharpe Ratio of 1.87. The chart below compares the historical Sharpe Ratios of VEOIX and CSUAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

VEOIX vs. CSUAX - Drawdown Comparison

The maximum VEOIX drawdown since its inception was -21.56%, smaller than the maximum CSUAX drawdown of -52.20%. Use the drawdown chart below to compare losses from any high point for VEOIX and CSUAX.

Drawdown Indicators

	VEOIX	CSUAX	Difference
Max Drawdown Largest peak-to-trough decline	-21.56%	-52.20%	+30.64%
Max Drawdown (1Y) Largest decline over 1 year	-9.73%	-5.99%	-3.74%
Max Drawdown (3Y) Largest decline over 3 years	-21.56%	-14.95%	-6.61%
Max Drawdown (5Y) Largest decline over 5 years	—	-20.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.05%	—
Current Drawdown Current decline from peak	0.00%	-2.66%	+2.66%
Average Drawdown Average peak-to-trough decline	-5.51%	-8.43%	+2.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.90%	1.88%	+1.02%

Volatility

VEOIX vs. CSUAX - Volatility Comparison

Vanguard Global Environmental Opportunities Stock Fund Investor Shares (VEOIX) has a higher volatility of 5.82% compared to Cohen & Steers Global Infrastructure Fund Class A (CSUAX) at 3.43%. This indicates that VEOIX's price experiences larger fluctuations and is considered to be riskier than CSUAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	VEOIX	CSUAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	3.43%	+2.39%
Volatility (6M) Calculated over the trailing 6-month period	12.19%	7.89%	+4.30%
Volatility (1Y) Calculated over the trailing 1-year period	15.03%	9.88%	+5.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.33%	12.98%	+2.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.33%	14.92%	+0.41%

VEOIX vs. CSUAX - Expense Ratio Comparison

VEOIX has a 0.70% expense ratio, which is lower than CSUAX's 1.22% expense ratio.

Dividends

VEOIX vs. CSUAX - Dividend Comparison

VEOIX's dividend yield for the trailing twelve months is around 0.87%, less than CSUAX's 7.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSUAX Cohen & Steers Global Infrastructure Fund Class A	7.33%	8.09%	2.23%	2.17%	3.55%	2.95%	1.30%	1.52%	2.08%	5.00%	2.04%	6.20%
VEOIX Vanguard Global Environmental Opportunities Stock Fund Investor Shares	0.87%	0.99%	0.89%	1.51%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both VEOIX and CSUAX in my portfolio?

VEOIX and CSUAX have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VEOIX or CSUAX?

VEOIX has higher volatility (5.82%) compared to CSUAX (3.43%). In terms of maximum drawdown, VEOIX dropped -21.56% vs CSUAX's -52.20%.

Which has better risk-adjusted returns?

CSUAX currently has the higher Sharpe Ratio (1.87 vs 1.66), 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.