CII vs. MDT
CII (BlackRock Enhanced Large Cap Core Fund) is Derivative Income fund actively managed by BlackRock, while MDT (Medtronic plc) is a stock. Over the past 10 years, CII returned 14.87%/yr vs 2.24%/yr for MDT. At a 0.39 correlation, their price movements are largely independent.
Performance
CII vs. MDT - Performance Comparison
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Returns By Period
In the year-to-date period, CII achieves a 9.70% return, which is significantly higher than MDT's -11.80% return. Over the past 10 years, CII has outperformed MDT with an annualized return of 14.87%, while MDT has yielded a comparatively lower 2.24% annualized 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%
MDT
- 1D
- 0.11%
- 1M
- 5.93%
- 6M
- -12.44%
- YTD
- -11.80%
- 1Y
- -4.03%
- 3Y*
- 1.10%
- 5Y*
- -5.17%
- 10Y*
- 2.24%
- ALL TIME*
- 13.23%
CII vs. MDT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CII BlackRock Enhanced Large Cap Core Fund | 9.70% | 37.78% | 12.70% | 18.47% | -13.21% | 34.26% | 8.11% | 30.46% | -8.60% | 27.73% |
MDT Medtronic plc | -11.80% | 24.05% | 0.28% | 9.58% | -22.55% | -9.79% | 5.70% | 27.34% | 15.18% | 15.90% |
Correlation
The correlation between CII and MDT is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.01 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.32 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.38 |
Correlation (All Time) Calculated using the full available price history since May 26, 2004 | 0.39 |
The correlation between CII and MDT shifts across timeframes, from -0.01 (1 year) to 0.39 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
CII vs. MDT — Risk / Return Rank
CII
MDT
CII vs. MDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Large Cap Core Fund (CII) and Medtronic plc (MDT). 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 | MDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.42 | ||
| Sortino ratioReturn per unit of downside risk | +3.06 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 0.99 | +0.39 |
| Calmar ratioReturn relative to maximum drawdown | 3.20 | -0.14 | +3.34 |
| Martin ratioReturn relative to average drawdown | 11.43 | -0.30 | +11.73 |
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Drawdowns
CII vs. MDT - Drawdown Comparison
The maximum CII drawdown since its inception was -56.43%, roughly equal to the maximum MDT drawdown of -57.63%. Use the drawdown chart below to compare losses from any high point for CII and MDT.
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Drawdown Indicators
| CII | MDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.43% | -57.63% | +1.20% |
Max Drawdown (1Y)Largest decline over 1 year | -11.67% | -28.90% | +17.23% |
Max Drawdown (3Y)Largest decline over 3 years | -21.05% | -28.90% | +7.85% |
Max Drawdown (5Y)Largest decline over 5 years | -22.32% | -45.10% | +22.78% |
Max Drawdown (10Y)Largest decline over 10 years | -40.56% | -45.10% | +4.54% |
Current DrawdownCurrent decline from peak | -5.45% | -27.93% | +22.48% |
Average DrawdownAverage peak-to-trough decline | -6.16% | -16.57% | +10.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 13.24% | -9.98% |
Volatility
CII vs. MDT - Volatility Comparison
The current volatility for BlackRock Enhanced Large Cap Core Fund (CII) is 6.01%, while Medtronic plc (MDT) has a volatility of 10.04%. This indicates that CII experiences smaller price fluctuations and is considered to be less risky than MDT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CII | MDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.01% | 10.04% | -4.03% |
Volatility (6M)Calculated over the trailing 6-month period | 13.33% | 18.91% | -5.58% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 23.34% | -6.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.35% | 22.34% | -4.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.64% | 23.45% | -4.81% |
Dividends
CII vs. MDT - Dividend Comparison
CII's dividend yield for the trailing twelve months is around 15.82%, more than MDT's 3.42% 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% |
MDT Medtronic plc | 3.42% | 2.95% | 3.49% | 3.34% | 3.44% | 2.39% | 1.95% | 1.87% | 2.15% | 2.24% | 2.34% | 1.88% |
Frequently Asked Questions
CII and MDT have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDT has higher volatility (10.04%) compared to CII (6.01%). In terms of maximum drawdown, CII dropped -56.43% vs MDT's -57.63%.
CII currently has the higher Sharpe Ratio (2.24 vs -0.17), 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.
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