FEPG.L vs. CII

Last updated Jul 21, 2026

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

Performance

FEPG.L vs. CII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX Tech Innovation Premium Income UCITS ETF (FEPG.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, FEPG.L achieves a -3.44% return, which is significantly lower than CII's 9.70% return.

FEPG.L

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

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)

FEPG.L vs. CII - Yearly Performance Comparison

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

Correlation

The correlation between FEPG.L and CII 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

FEPG.L vs. CII — Risk / Return Rank

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

FEPG.L

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for REX Tech Innovation Premium Income UCITS ETF (FEPG.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.

	FEPG.L	CII	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

FEPG.L vs. CII - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

Volatility by Period

	FEPG.L	CII	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	45.69%	16.65%	+29.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	45.69%	17.35%	+28.34%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	45.69%	18.64%	+27.05%

FEPG.L vs. CII - Expense Ratio Comparison

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

Dividends

FEPG.L vs. CII - Dividend Comparison

FEPG.L's dividend yield for the trailing twelve months is around 27.80%, more than CII's 15.82% 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 FEPG.L and CII in my portfolio?

FEPG.L and CII 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.