CII vs VTI

CII vs VTI
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Quick Verdict

VTI has a lower expense ratio. CII delivered stronger 1-year returns. VTI offers more diversification with 3,543 holdings.

Lower Fees: VTIHigher Returns: CIIMore Diversified: VTI

Side-by-Side Comparison

MetricCIIVTIWinner
Expense Ratio0.91%0.03%
AUM$1.1B$666.9B
Dividend Yield16.48%1.07%
Holdings1473,543
YTD Return+10.84%+13.38%
1Y Return+31.14%+21.12%
3Y Return (annualized)+21.77%+21.85%
5Y Return (annualized)+13.30%+12.44%
Volatility (annualized)17.9%15.3%
Max Drawdown-64.8%-56.6%
Fund FamilyBlackRock, Inc. (US)Vanguard (US)
CategoryAlternativeEquity
InceptionApr 27, 2004May 24, 2001

CII vs VTI Performance

BlackRock Enhanced Capital and Income Fund, Inc (CII) is a ETF from BlackRock, Inc. (US) and Vanguard Morningstar Total Stock Market ETF (VTI) is a ETF from Vanguard (US). Over the past year CII returned +31.14% while VTI returned +21.12%. Year to date, CII is up 10.84% versus a gain of 13.38% for VTI.

Over three years, CII compounded at +21.77% per year against +21.85% for VTI; over five years the annualized figures are +13.30% and +12.44% respectively. Across the full 22-year window we track, VTI has the edge at +8.10% annualized vs +3.27%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CII has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 15.3% for VTI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -64.8% for CII and -56.6% for VTI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.81. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CII charges 0.91% per year while VTI charges 0.03%. On a $10,000 position that is $91 vs $3 annually, a gap of $88 per year that compounds over a long holding period. On income, CII currently yields 16.48% against 1.07% for VTI.

Holdings Overlap

31.5%overlap

CII and VTI share 33 holdings out of 2791 unique holdings combined, representing a 31.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in CIIWeight in VTIDifference
NVDA7.11%6.32%0.79%
AMZN6.53%3.17%3.36%
AAPL3.72%5.84%2.12%
MSFTProProPro
GOOGLProProPro
METAProProPro
AVGOProProPro
MUProProPro
CIENProProPro
VProProPro
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Frequently Asked Questions

Which is cheaper, CII or VTI?

CII has an expense ratio of 0.91% while VTI charges 0.03%. VTI is the cheaper option. On a $10,000 investment, that is $88 per year of difference.

Which performed better, CII or VTI?

Over the past year CII returned +31.14% vs +21.12% for VTI, so CII leads on 1-year performance. Over the longest common window we track (22 years), CII annualized +3.27% vs +8.10% for VTI. Past performance does not guarantee future results.

Which is riskier, CII or VTI?

CII has been the more volatile fund at 17.9% annualized versus 15.3% for VTI. Worst drawdown: CII -64.8% vs VTI -56.6%.

Should I hold both CII and VTI?

CII and VTI have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between CII and VTI?

CII and VTI share 33 common holdings with a 31.5% weight overlap. Combined, they hold 2791 unique securities.

Which pays a higher dividend, CII or VTI?

CII yields 16.48% while VTI yields 1.07%, so CII currently pays the higher dividend yield.

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