AMDI.L vs. CII

Last updated Jul 21, 2026

AMDI.L (IncomeShares AMD Options ETP) and CII (BlackRock Enhanced Large Cap Core Fund) are both Derivative Income funds. Both are actively managed. Over the past year, AMDI.L returned 100.82% vs 37.11% for CII. At a 0.39 correlation, their price movements are largely independent. AMDI.L charges 0.55%/yr vs 0.91%/yr for CII.

Performance

AMDI.L vs. CII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in IncomeShares AMD Options ETP (AMDI.L) and BlackRock Enhanced Large Cap Core Fund (CII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMDI.L achieves a 81.71% return, which is significantly higher than CII's 9.70% return.

AMDI.L

• 1D: 0.00%
• 1M: -10.31%
• 6M: 73.37%
• YTD: 81.71%
• 1Y: 100.82%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 19,255.63%

CII

• 1D: 0.37%
• 1M: 1.00%
• 6M: 8.91%
• YTD: 9.70%
• 1Y: 37.11%
• 3Y*: 21.19%
• 5Y*: 13.61%
• 10Y*: 14.87%
• ALL TIME*: 10.67%

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

AMDI.L vs. CII - Yearly Performance Comparison

	2026 (YTD)	2025
AMDI.L IncomeShares AMD Options ETP	81.71%	12,701.59%
CII BlackRock Enhanced Large Cap Core Fund	9.70%	23.94%

Correlation

The correlation between AMDI.L and CII is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Jul 7, 2025	0.39

Return for Risk

AMDI.L vs. CII — Risk / Return Rank

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

AMDI.L

AMDI.L Risk / Return Rank: 55
AMDI.L Sharpe Ratio Rank: 52
AMDI.L Sortino Ratio Rank: 60
AMDI.L Omega Ratio Rank: 71
AMDI.L Calmar Ratio Rank: 57
AMDI.L Martin Ratio Rank: 33

CII

CII Risk / Return Rank: 80
CII Sharpe Ratio Rank: 83
CII Sortino Ratio Rank: 78
CII Omega Ratio Rank: 76
CII Calmar Ratio Rank: 84
CII Martin Ratio Rank: 80

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.

AMDI.L vs. CII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for IncomeShares AMD Options ETP (AMDI.L) and BlackRock Enhanced Large Cap Core Fund (CII). 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.

	AMDI.L	CII	Difference
Sharpe ratio: Return per unit of total volatility	1.34	2.24	-0.90
Sortino ratio: Return per unit of downside risk	2.13	2.97	-0.84
Omega ratio: Gain probability vs. loss probability	1.31	1.38	-0.07
Calmar ratio: Return relative to maximum drawdown	2.13	3.20	-1.07
Martin ratio: Return relative to average drawdown	3.62	11.43	-7.80

AMDI.L vs. CII - Sharpe Ratio Comparison

The current AMDI.L Sharpe Ratio is 1.34, which is lower than the CII Sharpe Ratio of 2.24. The chart below compares the historical Sharpe Ratios of AMDI.L and CII, 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

AMDI.L vs. CII - Drawdown Comparison

The maximum AMDI.L drawdown since its inception was -47.34%, smaller than the maximum CII drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for AMDI.L and CII.

Drawdown Indicators

	AMDI.L	CII	Difference
Max Drawdown Largest peak-to-trough decline	-47.34%	-56.43%	+9.09%
Max Drawdown (1Y) Largest decline over 1 year	-47.34%	-11.67%	-35.67%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.05%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-22.32%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-40.56%	—
Current Drawdown Current decline from peak	-16.92%	-5.45%	-11.47%
Average Drawdown Average peak-to-trough decline	-21.04%	-6.16%	-14.88%
Ulcer Index Depth and duration of drawdowns from previous peaks	27.81%	3.26%	+24.55%

Volatility

AMDI.L vs. CII - Volatility Comparison

IncomeShares AMD Options ETP (AMDI.L) has a higher volatility of 25.65% compared to BlackRock Enhanced Large Cap Core Fund (CII) at 6.01%. This indicates that AMDI.L's price experiences larger fluctuations and is considered to be riskier than CII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMDI.L	CII	Difference
Volatility (1M) Calculated over the trailing 1-month period	25.65%	6.01%	+19.64%
Volatility (6M) Calculated over the trailing 6-month period	47.18%	13.33%	+33.85%
Volatility (1Y) Calculated over the trailing 1-year period	75.40%	16.65%	+58.75%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9,750.24%	17.35%	+9,732.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9,750.24%	18.64%	+9,731.60%

AMDI.L vs. CII - Expense Ratio Comparison

AMDI.L has a 0.55% expense ratio, which is lower than CII's 0.91% expense ratio.

Dividends

AMDI.L vs. CII - Dividend Comparison

AMDI.L's dividend yield for the trailing twelve months is around 52.97%, more than CII's 15.82% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMDI.L IncomeShares AMD Options ETP	52.97%	8.85%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CII BlackRock Enhanced Large Cap Core Fund	15.82%	16.65%	6.15%	6.28%	12.27%	4.98%	6.03%	5.79%	7.06%	6.07%	8.38%	8.49%

Frequently Asked Questions

Can I hold both AMDI.L and CII in my portfolio?

AMDI.L and CII have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.