PH vs. CII
PH (Parker-Hannifin Corporation) is a stock, while CII (BlackRock Enhanced Large Cap Core Fund) is Derivative Income fund actively managed by BlackRock. Over the past 10 years, PH returned 25.12%/yr vs 14.94%/yr for CII. A 0.50 correlation means they provide meaningful diversification when combined.
Performance
PH vs. CII - Performance Comparison
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Returns By Period
In the year-to-date period, PH achieves a 3.21% return, which is significantly lower than CII's 7.72% return. Over the past 10 years, PH has outperformed CII with an annualized return of 25.12%, while CII has yielded a comparatively lower 14.94% annualized return.
PH
- 1D
- 0.12%
- 1M
- 4.72%
- YTD
- 3.21%
- 6M
- 2.52%
- 1Y
- 39.33%
- 3Y*
- 36.33%
- 5Y*
- 26.12%
- 10Y*
- 25.12%
CII
- 1D
- 0.58%
- 1M
- -1.09%
- YTD
- 7.72%
- 6M
- 10.66%
- 1Y
- 39.37%
- 3Y*
- 20.94%
- 5Y*
- 13.51%
- 10Y*
- 14.94%
PH vs. CII - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PH Parker-Hannifin Corporation | 3.21% | 39.54% | 39.58% | 60.81% | -6.91% | 18.30% | 34.78% | 40.75% | -24.00% | 44.91% |
CII BlackRock Enhanced Large Cap Core Fund | 7.72% | 37.78% | 12.70% | 18.47% | -13.21% | 34.26% | 8.11% | 30.46% | -8.60% | 27.73% |
Correlation
The correlation between PH and CII is 0.26, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.26 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since May 26, 2004 | 0.50 |
Over the past year, the correlation between PH and CII has dropped to 0.26 - well below their long-term average of 0.50, suggesting their price drivers have been diverging.
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Return for Risk
PH vs. CII — Risk / Return Rank
PH
CII
PH vs. CII - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Parker-Hannifin Corporation (PH) 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.
| PH | CII | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.06 | ||
| Sortino ratioReturn per unit of downside risk | -1.17 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.43 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.90 | 3.33 | -1.43 |
| Martin ratioReturn relative to average drawdown | 5.64 | 12.71 | -7.07 |
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Drawdowns
PH vs. CII - Drawdown Comparison
The maximum PH drawdown since its inception was -66.92%, which is greater than CII's maximum drawdown of -56.43%. Use the drawdown chart below to compare losses from any high point for PH and CII.
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Drawdown Indicators
| PH | CII | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.92% | -56.43% | -10.49% |
Max Drawdown (1Y)Largest decline over 1 year | -19.34% | -11.67% | -7.67% |
Max Drawdown (3Y)Largest decline over 3 years | -26.79% | -21.05% | -5.74% |
Max Drawdown (5Y)Largest decline over 5 years | -28.64% | -22.32% | -6.32% |
Max Drawdown (10Y)Largest decline over 10 years | -54.68% | -40.56% | -14.12% |
Current DrawdownCurrent decline from peak | -11.49% | -6.33% | -5.16% |
Average DrawdownAverage peak-to-trough decline | -15.33% | -6.17% | -9.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.52% | 3.05% | +3.47% |
Volatility
PH vs. CII - Volatility Comparison
Parker-Hannifin Corporation (PH) has a higher volatility of 7.58% compared to BlackRock Enhanced Large Cap Core Fund (CII) at 5.22%. This indicates that PH's price experiences larger fluctuations and is considered to be riskier 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
| PH | CII | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.58% | 5.22% | +2.36% |
Volatility (6M)Calculated over the trailing 6-month period | 18.96% | 12.09% | +6.87% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.10% | 15.40% | +9.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.68% | 17.16% | +11.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.70% | 18.54% | +13.16% |
Dividends
PH vs. CII - Dividend Comparison
PH's dividend yield for the trailing twelve months is around 0.82%, less than CII's 15.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CII BlackRock Enhanced Large Cap Core Fund | 15.35% | 16.65% | 6.15% | 6.28% | 12.27% | 4.98% | 6.03% | 5.79% | 7.06% | 6.07% | 8.38% | 8.49% |
PH Parker-Hannifin Corporation | 0.82% | 0.80% | 1.00% | 1.25% | 1.73% | 1.25% | 1.29% | 1.65% | 1.97% | 1.32% | 1.80% | 2.60% |
Frequently Asked Questions
PH and CII have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PH has higher volatility (7.58%) compared to CII (5.22%). In terms of maximum drawdown, PH dropped -66.92% vs CII's -56.43%.
CII currently has the higher Sharpe Ratio (2.52 vs 1.47), 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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