CII vs. FEPG.L

Last updated Jul 21, 2026

CII (BlackRock Enhanced Large Cap Core Fund) and FEPG.L (REX Tech Innovation Premium Income UCITS ETF) are both Derivative Income funds. Both are actively managed. At a 0.36 correlation, their price movements are largely independent. CII charges 0.91%/yr vs 0.65%/yr for FEPG.L.

Performance

CII vs. FEPG.L - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Enhanced Large Cap Core Fund (CII) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CII achieves a 9.70% return, which is significantly higher than FEPG.L's -3.44% return.

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%

FEPG.L

• 1D: 0.00%
• 1M: -5.73%
• 6M: 0.07%
• YTD: -3.44%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

CII vs. FEPG.L - Yearly Performance Comparison

	2026 (YTD)	2025
CII BlackRock Enhanced Large Cap Core Fund	9.70%	23.29%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	-3.44%	8.72%

Correlation

The correlation between CII and FEPG.L is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 28, 2025	0.36

Return for Risk

CII vs. FEPG.L — Risk / Return Rank

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

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

FEPG.L

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

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

This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Large Cap Core Fund (CII) and REX Tech Innovation Premium Income UCITS ETF (FEPG.L). 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.

	CII	FEPG.L	Difference
Sharpe ratio: Return per unit of total volatility	2.24	—	—
Sortino ratio: Return per unit of downside risk	2.97	—	—
Omega ratio: Gain probability vs. loss probability	1.38	—	—
Calmar ratio: Return relative to maximum drawdown	3.20	—	—
Martin ratio: Return relative to average drawdown	11.43	—	—

Drawdowns

CII vs. FEPG.L - Drawdown Comparison

The maximum CII drawdown since its inception was -56.43%, which is greater than FEPG.L's maximum drawdown of -35.75%. Use the drawdown chart below to compare losses from any high point for CII and FEPG.L.

Drawdown Indicators

	CII	FEPG.L	Difference
Max Drawdown Largest peak-to-trough decline	-56.43%	-35.75%	-20.68%
Max Drawdown (1Y) Largest decline over 1 year	-11.67%	—	—
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	-5.45%	-28.16%	+22.71%
Average Drawdown Average peak-to-trough decline	-6.16%	-20.83%	+14.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.26%	—	—

Volatility

Volatility by Period

	CII	FEPG.L	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.01%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.33%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.65%	45.69%	-29.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	45.69%	-28.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.64%	45.69%	-27.05%

CII vs. FEPG.L - Expense Ratio Comparison

CII has a 0.91% expense ratio, which is higher than FEPG.L's 0.65% expense ratio.

Dividends

CII vs. FEPG.L - Dividend Comparison

CII's dividend yield for the trailing twelve months is around 15.82%, less than FEPG.L's 27.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FEPG.L REX Tech Innovation Premium Income UCITS ETF	27.80%	11.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

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

CII and FEPG.L have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.