CII vs. PDI

Last updated Apr 1, 2026

Compare and contrast key facts about BlackRock Enhanced Large Cap Core Fund (CII) and PIMCO Dynamic Income Fund (PDI).

CII is an actively managed fund by BlackRock. It was launched on Apr 27, 2004.

Performance

CII vs. PDI - Performance Comparison

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

CII vs. PDI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CII BlackRock Enhanced Large Cap Core Fund	-8.35%	37.78%	12.70%	18.47%	-13.21%	34.26%	8.11%	30.46%	-8.60%	27.73%
PDI PIMCO Dynamic Income Fund	0.17%	11.03%	17.18%	11.99%	-16.99%	7.81%	-9.96%	22.23%	7.35%	18.59%

Returns By Period

In the year-to-date period, CII achieves a -8.35% return, which is significantly lower than PDI's 0.17% return. Over the past 10 years, CII has outperformed PDI with an annualized return of 13.13%, while PDI has yielded a comparatively lower 8.14% annualized return.

CII

• 1D: 2.24%
• 1M: -6.83%
• YTD: -8.35%
• 6M: 3.68%
• 1Y: 34.51%
• 3Y*: 16.55%
• 5Y*: 11.62%
• 10Y*: 13.13%

PDI

• 1D: 3.13%
• 1M: -3.71%
• YTD: 0.17%
• 6M: -7.15%
• 1Y: -0.44%
• 3Y*: 13.14%
• 5Y*: 3.57%
• 10Y*: 8.14%

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

Return for Risk

CII vs. PDI — Risk / Return Rank

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

CII

CII Risk / Return Rank: 89
CII Sharpe Ratio Rank: 88
CII Sortino Ratio Rank: 88
CII Omega Ratio Rank: 86
CII Calmar Ratio Rank: 93
CII Martin Ratio Rank: 92

PDI

PDI Risk / Return Rank: 38
PDI Sharpe Ratio Rank: 41
PDI Sortino Ratio Rank: 33
PDI Omega Ratio Rank: 34
PDI Calmar Ratio Rank: 42
PDI Martin Ratio Rank: 42

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. PDI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Large Cap Core Fund (CII) and PIMCO Dynamic Income Fund (PDI). 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.

	CII	PDI	Difference
Sharpe ratio Return per unit of total volatility	1.73	-0.02	+1.76
Sortino ratio Return per unit of downside risk	2.41	0.09	+2.32
Omega ratio Gain probability vs. loss probability	1.36	1.02	+0.34
Calmar ratio Return relative to maximum drawdown	2.92	-0.01	+2.93
Martin ratio Return relative to average drawdown	10.81	-0.03	+10.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CII vs. PDI - Sharpe Ratio Comparison

The current CII Sharpe Ratio is 1.73, which is higher than the PDI Sharpe Ratio of -0.02. The chart below compares the historical Sharpe Ratios of CII and PDI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CII	PDI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.73	-0.02	+1.76
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.69	0.23	+0.46
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.71	0.43	+0.29
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.59	-0.10

Correlation

The correlation between CII and PDI is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

CII vs. PDI - Dividend Comparison

CII's dividend yield for the trailing twelve months is around 18.51%, more than PDI's 15.46% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CII BlackRock Enhanced Large Cap Core Fund	18.51%	16.65%	6.15%	6.28%	12.27%	4.98%	6.03%	5.79%	7.06%	6.07%	8.38%	8.49%
PDI PIMCO Dynamic Income Fund	15.46%	14.94%	14.43%	14.74%	17.84%	10.21%	10.01%	9.45%	10.78%	8.81%	14.79%	18.70%

Drawdowns

CII vs. PDI - Drawdown Comparison

The maximum CII drawdown since its inception was -56.43%, which is greater than PDI's maximum drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for CII and PDI.

Drawdown Indicators

	CII	PDI	Difference
Max Drawdown Largest peak-to-trough decline	-56.43%	-46.47%	-9.96%
Max Drawdown (1Y) Largest decline over 1 year	-11.76%	-14.34%	+2.58%
Max Drawdown (5Y) Largest decline over 5 years	-22.32%	-27.23%	+4.91%
Max Drawdown (10Y) Largest decline over 10 years	-40.56%	-46.47%	+5.91%
Current Drawdown Current decline from peak	-9.51%	-7.66%	-1.85%
Average Drawdown Average peak-to-trough decline	-6.21%	-6.22%	+0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	5.03%	-1.85%

Volatility

CII vs. PDI - Volatility Comparison

BlackRock Enhanced Large Cap Core Fund (CII) has a higher volatility of 7.33% compared to PIMCO Dynamic Income Fund (PDI) at 5.71%. This indicates that CII's price experiences larger fluctuations and is considered to be riskier than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CII	PDI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.33%	5.71%	+1.62%
Volatility (6M) Calculated over the trailing 6-month period	12.67%	9.96%	+2.71%
Volatility (1Y) Calculated over the trailing 1-year period	20.00%	18.36%	+1.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.99%	15.66%	+1.33%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.45%	19.06%	-0.61%