MDLVX vs. CII
MDLVX (BlackRock Advantage Large Cap Value Fund Investor A) and CII (BlackRock Enhanced Large Cap Core Fund) are both mutual funds - MDLVX is a Large Cap Value Equities fund actively managed by BlackRock, while CII is a Derivative Income fund actively managed by BlackRock. Both are actively managed. Over the past 10 years, MDLVX returned 12.57%/yr vs 14.19%/yr for CII. Their 0.65 correlation means they have sometimes moved together and sometimes differently. MDLVX charges 0.79%/yr vs 0.91%/yr for CII.
Performance
MDLVX vs. CII - Performance Comparison
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Returns By Period
In the year-to-date period, MDLVX achieves a 21.24% return, which is significantly higher than CII's 4.88% return. Over the past 10 years, MDLVX has underperformed CII with an annualized return of 12.57%, while CII has yielded a comparatively higher 14.19% annualized return.
MDLVX
- 1D
- -1.14%
- 1M
- 2.39%
- 6M
- 16.49%
- YTD
- 21.24%
- 1Y
- 33.78%
- 3Y*
- 19.95%
- 5Y*
- 12.43%
- 10Y*
- 12.57%
- ALL TIME*
- 8.89%
CII
- 1D
- -1.63%
- 1M
- -7.15%
- 6M
- 5.20%
- YTD
- 4.88%
- 1Y
- 29.31%
- 3Y*
- 18.77%
- 5Y*
- 12.29%
- 10Y*
- 14.19%
- ALL TIME*
- 10.44%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $2.41M | $2.14M | $1.83M | |
| $0.00 | $0.00 | $0.00 |
MDLVX vs. CII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDLVX BlackRock Advantage Large Cap Value Fund Investor A | 21.24% | 18.11% | 15.08% | 13.43% | -8.89% | 26.20% | 3.64% | 24.39% | -7.94% | 15.80% |
CII BlackRock Enhanced Large Cap Core Fund | 4.88% | 37.78% | 12.70% | 18.47% | -13.21% | 34.26% | 8.11% | 30.46% | -8.60% | 27.73% |
Correlation
The correlation between MDLVX and CII is 0.47, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.47 |
Correlation (3Y) Balances recent behavior with more history. | 0.58 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.69 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.70 |
Correlation (All Time) Calculated using the full available price history since May 26, 2004 | 0.65 |
The correlation between MDLVX and CII shifts across timeframes, from 0.47 (1 year) to 0.70 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDLVX vs. CII — Risk / Return Rank
MDLVX
CII
MDLVX vs. CII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Advantage Large Cap Value Fund Investor A (MDLVX) 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.
| MDLVX | CII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.25 | ||
| Sortino ratioReturn per unit of downside risk | +1.81 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.30 | +0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.19 | 2.52 | +2.67 |
| Martin ratioReturn relative to average drawdown | 23.94 | 8.49 | +15.45 |
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Drawdowns
MDLVX vs. CII - Drawdown Comparison
The maximum MDLVX drawdown since its inception was -55.49%, roughly equal to the maximum CII drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for MDLVX and CII.
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Drawdown Indicators
| MDLVX | CII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.49% | -56.43% | +0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -6.54% | -11.67% | +5.13% |
Max Drawdown (3Y)Largest decline over 3 years | -16.19% | -21.05% | +4.86% |
Max Drawdown (5Y)Largest decline over 5 years | -19.87% | -22.32% | +2.45% |
Max Drawdown (10Y)Largest decline over 10 years | -37.11% | -40.56% | +3.45% |
Current DrawdownCurrent decline from peak | -1.14% | -9.60% | +8.46% |
Average DrawdownAverage peak-to-trough decline | -8.91% | -6.16% | -2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.43% | 3.46% | -2.03% |
Volatility
MDLVX vs. CII - Volatility Comparison
The current volatility for BlackRock Advantage Large Cap Value Fund Investor A (MDLVX) is 2.65%, while BlackRock Enhanced Large Cap Core Fund (CII) has a volatility of 6.11%. This indicates that MDLVX 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.
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Volatility by Period
| MDLVX | CII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 6.11% | -3.46% |
Volatility (6M)Calculated over the trailing 6-month period | 8.87% | 13.49% | -4.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.35% | 16.94% | -5.59% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.77% | 17.39% | -2.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.23% | 18.66% | -1.43% |
MDLVX vs. CII - Expense Ratio Comparison
MDLVX has a 0.79% expense ratio, which is lower than CII's 0.91% expense ratio.
Dividends
MDLVX vs. CII - Dividend Comparison
MDLVX's dividend yield for the trailing twelve months is around 10.88%, less than CII's 16.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CII BlackRock Enhanced Large Cap Core Fund | 16.55% | 16.65% | 6.15% | 6.28% | 12.27% | 4.98% | 6.03% | 5.79% | 7.06% | 6.07% | 8.38% | 8.49% |
MDLVX BlackRock Advantage Large Cap Value Fund Investor A | 10.88% | 9.33% | 14.55% | 2.68% | 5.86% | 17.69% | 1.49% | 3.76% | 12.92% | 0.43% | 1.06% | 0.70% |
Frequently Asked Questions
MDLVX and CII have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CII has higher volatility (6.11%) compared to MDLVX (2.65%). In terms of maximum drawdown, MDLVX dropped -55.49% vs CII's -56.43%.
MDLVX currently has the higher Sharpe Ratio (2.99 vs 1.74), 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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