AOD vs. CII

Last updated Jun 30, 2026

AOD (Abrdn Total Dynamic Dividend Fund) is a stock, while CII (BlackRock Enhanced Large Cap Core Fund) is Derivative Income fund actively managed by BlackRock. Over the past 10 years, AOD returned 13.38%/yr vs 15.39%/yr for CII. A 0.65 correlation means they provide meaningful diversification when combined. AOD charges 1.19%/yr vs 0.91%/yr for CII.

Performance

AOD vs. CII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Abrdn Total Dynamic Dividend Fund (AOD) and BlackRock Enhanced Large Cap Core Fund (CII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with AOD having a 12.61% return and CII slightly higher at 12.96%. Over the past 10 years, AOD has underperformed CII with an annualized return of 13.38%, while CII has yielded a comparatively higher 15.39% annualized return.

AOD

• 1D: 1.27%
• 1M: -0.09%
• YTD: 12.61%
• 6M: 11.13%
• 1Y: 33.31%
• 3Y*: 20.75%
• 5Y*: 10.87%
• 10Y*: 13.38%

CII

• 1D: 2.00%
• 1M: -1.77%
• YTD: 12.96%
• 6M: 14.33%
• 1Y: 41.39%
• 3Y*: 22.96%
• 5Y*: 14.77%
• 10Y*: 15.39%

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

AOD vs. CII - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AOD Abrdn Total Dynamic Dividend Fund	12.61%	32.14%	16.03%	12.65%	-17.15%	23.80%	8.12%	34.83%	-17.63%	35.37%
CII BlackRock Enhanced Large Cap Core Fund	12.96%	37.78%	12.70%	18.47%	-13.21%	34.26%	8.11%	30.46%	-8.60%	27.73%

Correlation

The correlation between AOD and CII is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 26, 2007	0.65

The correlation between AOD and CII shifts across timeframes, from 0.57 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AOD vs. CII — Risk / Return Rank

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

AOD

AOD Risk / Return Rank: 87
AOD Sharpe Ratio Rank: 91
AOD Sortino Ratio Rank: 89
AOD Omega Ratio Rank: 90
AOD Calmar Ratio Rank: 77
AOD Martin Ratio Rank: 87

CII

CII Risk / Return Rank: 85
CII Sharpe Ratio Rank: 90
CII Sortino Ratio Rank: 83
CII Omega Ratio Rank: 81
CII Calmar Ratio Rank: 85
CII Martin Ratio Rank: 83

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.

AOD vs. CII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Abrdn Total Dynamic Dividend Fund (AOD) 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.

	AOD	CII	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.63	-0.53
Sortino ratio: Return per unit of downside risk	2.84	3.44	-0.60
Omega ratio: Gain probability vs. loss probability	1.39	1.45	-0.06
Calmar ratio: Return relative to maximum drawdown	2.00	3.56	-1.56
Martin ratio: Return relative to average drawdown	8.59	13.03	-4.44

AOD vs. CII - Sharpe Ratio Comparison

The current AOD Sharpe Ratio is 2.10, which is comparable to the CII Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of AOD 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

AOD vs. CII - Drawdown Comparison

The maximum AOD drawdown since its inception was -72.26%, which is greater than CII's maximum drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for AOD and CII.

Drawdown Indicators

	AOD	CII	Difference
Max Drawdown Largest peak-to-trough decline	-72.26%	-56.43%	-15.83%
Max Drawdown (1Y) Largest decline over 1 year	-16.71%	-11.67%	-5.04%
Max Drawdown (3Y) Largest decline over 3 years	-16.71%	-21.05%	+4.34%
Max Drawdown (5Y) Largest decline over 5 years	-28.92%	-22.32%	-6.60%
Max Drawdown (10Y) Largest decline over 10 years	-43.68%	-40.56%	-3.12%
Current Drawdown Current decline from peak	-1.78%	-1.77%	-0.01%
Average Drawdown Average peak-to-trough decline	-27.20%	-6.17%	-21.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	3.19%	+0.70%

Volatility

AOD vs. CII - Volatility Comparison

The current volatility for Abrdn Total Dynamic Dividend Fund (AOD) is 5.22%, while BlackRock Enhanced Large Cap Core Fund (CII) has a volatility of 6.11%. This indicates that AOD experiences smaller price fluctuations and is considered to be less risky than CII based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AOD	CII	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.22%	6.11%	-0.89%
Volatility (6M) Calculated over the trailing 6-month period	13.70%	12.49%	+1.21%
Volatility (1Y) Calculated over the trailing 1-year period	15.99%	15.87%	+0.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.77%	17.23%	-0.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.52%	18.58%	-0.06%

AOD vs. CII - Expense Ratio Comparison

AOD has a 1.19% expense ratio, which is higher than CII's 0.91% expense ratio.

Dividends

AOD vs. CII - Dividend Comparison

AOD's dividend yield for the trailing twelve months is around 11.81%, less than CII's 15.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AOD Abrdn Total Dynamic Dividend Fund	11.81%	12.00%	10.73%	8.56%	8.85%	6.75%	7.80%	7.71%	9.57%	7.29%	9.10%	8.93%
CII BlackRock Enhanced Large Cap Core Fund	15.28%	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 AOD and CII in my portfolio?

AOD and CII have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AOD or CII?

CII has higher volatility (6.11%) compared to AOD (5.22%). In terms of maximum drawdown, AOD dropped -72.26% vs CII's -56.43%.

Which has better risk-adjusted returns?

CII currently has the higher Sharpe Ratio (2.63 vs 2.10), 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.