FOF vs IRE

Comparison between Cohen & Steers Closed-End Opportunity Fund Inc (FOF, ETF) and Daily Target 2X Long IREN (IREN Limited) ETF (IRE, ETF).

FOF vs IRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	FOF(ETF)	IRE(ETF)
Net Assets	$380M	$379M
Max Drawdown	66.84%	93.20%
Sharpe Ratio	0.93	-0.02
5Y Beta	0.65	7.50
5Y Dividends CAGR	0.00%	N/A

Net Assets

Winner

FOF

$380M

IRE

$379M

Max Drawdown

Winner

FOF

66.84%

IRE

93.20%

Sharpe Ratio

Winner

FOF

0.93

IRE

-0.02

5Y Beta

Winner

FOF

0.65

IRE

7.50

5Y Dividends CAGR

FOF

0.00%

IRE

N/A

FOF vs IRE - Historical Returns

Returns include dividend reinvestment.

Period	FOF	IRE
1 month	+1.75%	-54.11%
3 months	+1.92%	-43.70%
6 months	+4.29%	-72.33%
1 year	+16.18%	N/A
5 years(CAGR)	+7.75%	N/A
10 years(CAGR)	+10.57%	N/A
Max(CAGR)	+6.93%	-90.19%

Winner

FOF

+1.75%

IRE

-54.11%

Winner

FOF

+1.92%

IRE

-43.70%

Winner

FOF

+4.29%

IRE

-72.33%

FOF

+16.18%

IRE

N/A

5Y(CAGR)

FOF

+7.75%

IRE

N/A

10Y(CAGR)

FOF

+10.57%

IRE

N/A

Max(CAGR)

Winner

FOF

+6.93%

IRE

-90.19%

FOF vs IRE - Annual Returns (2006 - 2026)

Returns include dividend reinvestment.

Year	FOF	IRE
2026	+8.38%	-58.98%
2025	+12.57%	-65.76%
2024	+23.77%	N/A
2023	+14.11%	N/A
2022	-22.82%	N/A
2021	+29.97%	N/A
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 IRE Drawdown Comparison

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

The maximum drawdown for IRE was -93.20%, occurring on Jul 17, 2026. This drawdown has not yet recovered.

The current FOF drawdown is -5.43%. The current IRE drawdown is -90.08%.

Rank	FOF	IRE
#1	-59.31% Jan 31, 2007 - Jul 6, 2011	-93.20% Nov 5, 2025 - Jul 17, 2026
#2	-49.70% Feb 20, 2020 - Jan 19, 2021	-20.31% Oct 27, 2025 - Nov 3, 2025
#3	-29.95% Jan 3, 2022 - Jun 3, 2024	-13.78% Oct 21, 2025 - Oct 23, 2025
#4	-23.07% Apr 30, 2015 - Jul 26, 2016	-2.53% Nov 3, 2025 - Nov 5, 2025
#5	-19.62% Oct 3, 2018 - Apr 15, 2019	N/A
#6	-18.56% Dec 2, 2024 - Jul 1, 2025	N/A
#7	-18.00% Jul 7, 2011 - Mar 13, 2012	N/A
#8	-15.08% Jan 29, 2026 - Mar 30, 2026	N/A
#9	-9.71% May 21, 2013 - Mar 18, 2014	N/A
#10	-9.40% Aug 18, 2021 - Dec 30, 2021	N/A
#11	-9.35% Oct 3, 2016 - Jan 25, 2017	N/A
#12	-9.32% Sep 19, 2014 - Nov 25, 2014	N/A
#13	-9.25% Jan 25, 2018 - Jul 5, 2018	N/A
#14	-8.53% Mar 13, 2012 - Aug 17, 2012	N/A
#15	-8.14% Oct 4, 2012 - Jan 9, 2013	N/A

Correlation

Correlation between FOF and IRE is -0.34 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.34

-101