FOF vs AGOX

Comparison between Cohen & Steers Closed-End Opportunity Fund Inc (FOF, ETF) and ADAPTIVE ALPHA OPPORTUNITIES ETF (AGOX, ETF).

5-Year PerformanceAGOX has outperformed FOF, delivering a return of +8.7% compared to +7.1%

FOF vs AGOX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FOF(ETF)	AGOX(ETF)
Net Assets	$374M	$373M
Expense Ratio	N/A	1.33%
Max Drawdown	66.84%	30.21%
Sharpe Ratio	0.64	0.81
5Y Beta	0.66	0.98
5Y Dividends CAGR	1.61%	N/A

Net Assets

Winner

FOF

$374M

AGOX

$373M

Expense Ratio

FOF

N/A

AGOX

1.33%

Max Drawdown

FOF

66.84%

Winner

AGOX

30.21%

Sharpe Ratio

FOF

0.64

Winner

AGOX

0.81

5Y Beta

Winner

FOF

0.66

AGOX

0.98

5Y Dividends CAGR

FOF

1.61%

AGOX

N/A

FOF vs AGOX - Historical Returns

Returns include dividend reinvestment.

Period	FOF	AGOX
1 month	-0.69%	+1.67%
3 months	-0.65%	+1.34%
6 months	-1.46%	+15.32%
1 year	+12.32%	+19.57%
5 years(CAGR)	+7.13%	+8.66%
10 years(CAGR)	+10.13%	N/A
Max(CAGR)	+6.86%	+9.09%

FOF

-0.69%

Winner

AGOX

+1.67%

FOF

-0.65%

Winner

AGOX

+1.34%

FOF

-1.46%

Winner

AGOX

+15.32%

FOF

+12.32%

Winner

AGOX

+19.57%

5Y(CAGR)

FOF

+7.13%

Winner

AGOX

+8.66%

10Y(CAGR)

FOF

+10.13%

AGOX

N/A

Max(CAGR)

FOF

+6.86%

Winner

AGOX

+9.09%

FOF vs AGOX - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FOF	AGOX
2026	+7.63%	+17.76%
2025	+12.57%	+7.02%
2024	+23.77%	+16.55%
2023	+14.11%	+19.27%
2022	-22.82%	-19.09%
2021	+29.97%	+9.84%
2020	+0.62%	N/A
2019	+29.27%	N/A
2018	-9.79%	N/A
2017	+22.57%	N/A
2016	+16.99%	N/A
2015	-9.07%	N/A
2014	+13.58%	N/A
2013	+6.35%	N/A
2012	+11.87%	N/A
2011	-2.53%	N/A
2010	+13.98%	N/A
2009	+38.95%	N/A
2008	-37.15%	N/A
2007	-13.41%	N/A
2006	+1.94%	N/A

FOF vs AGOX Drawdown Comparison

The maximum drawdown for FOF was -59.31%, occurring on Mar 9, 2009. Recovery took 1116 trading sessions.

The maximum drawdown for AGOX was -26.92%, occurring on Oct 14, 2022. Recovery took 578 trading sessions.

The current FOF drawdown is -6.09%. The current AGOX drawdown is -4.11%.

Rank	FOF	AGOX
#1	-59.31% Jan 31, 2007 - Jul 6, 2011	-26.92% Nov 16, 2021 - Mar 7, 2024
#2	-49.70% Feb 20, 2020 - Jan 19, 2021	-21.15% Jan 23, 2025 - Jun 30, 2025
#3	-29.95% Jan 3, 2022 - Jun 3, 2024	-15.36% Oct 28, 2025 - Apr 15, 2026
#4	-23.07% Apr 30, 2015 - Jul 26, 2016	-8.86% Aug 19, 2024 - Oct 14, 2024
#5	-19.62% Oct 3, 2018 - Apr 15, 2019	-8.25% Mar 7, 2024 - May 24, 2024
#6	-18.56% Dec 2, 2024 - Jul 1, 2025	-8.17% Jun 15, 2026 - Jul 27, 2026
#7	-18.00% Jul 7, 2011 - Mar 13, 2012	-8.15% Jul 10, 2024 - Aug 15, 2024
#8	-15.08% Jan 29, 2026 - Mar 30, 2026	-6.73% Dec 4, 2024 - Jan 22, 2025
#9	-9.71% May 21, 2013 - Mar 18, 2014	-6.18% Oct 14, 2024 - Dec 2, 2024
#10	-9.40% Aug 18, 2021 - Dec 30, 2021	-4.83% Jul 2, 2021 - Jul 29, 2021
#11	-9.35% Oct 3, 2016 - Jan 25, 2017	-4.61% Sep 2, 2021 - Oct 19, 2021
#12	-9.32% Sep 19, 2014 - Nov 25, 2014	-3.62% May 14, 2026 - Jun 1, 2026
#13	-9.25% Jan 25, 2018 - Jul 5, 2018	-3.44% Aug 11, 2021 - Aug 25, 2021
#14	-8.53% Mar 13, 2012 - Aug 17, 2012	-3.08% May 28, 2024 - Jun 12, 2024
#15	-8.14% Oct 4, 2012 - Jan 9, 2013	-2.97% Jun 2, 2026 - Jun 15, 2026

Correlation

Correlation between FOF and AGOX is 0.96 which considered as a very strong positive correlation - the stocks move almost identically together.

0.96

-101

Dividend Comparison (2006 - 2026)

FOF vs AGOX dividend yield comparison.

Year	FOF	AGOX
2026	5.16%	0.00%
2025	7.91%	3.23%
2024	8.22%	3.94%
2023	9.32%	0.27%
2022	9.99%	0.20%
2021	7.06%	6.36%
2020	8.41%	0.00%
2019	7.78%	0.00%
2018	9.41%	0.00%
2017	7.84%	0.00%
2016	8.90%	0.00%
2015	9.49%	0.00%
2014	7.91%	0.00%
2013	8.27%	0.00%
2012	8.37%	0.00%
2011	8.69%	0.00%
2010	7.52%	0.00%
2009	8.24%	0.00%
2008	15.39%	0.00%
2007	10.46%	0.00%
2006	0.80%	0.00%