CII vs TSPY
BlackRock Enhanced Large Cap Core Fund, Inc vs TappAlpha S&P 500 Growth & Daily Income ETF
Which is better, CII or TSPY?
CII has been ahead.
TSPY has a lower expense ratio. CII led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | CII | TSPY |
|---|---|---|
| Expense Ratio | 0.93% | 0.71%Best |
| AUM | $1.1B | $343M |
| Dividend Yield | 16.10% | 15.00% |
| Holdings | 142 | 3 |
| YTD Return | +9.23% | +11.27%Best |
| 1Y Return | +19.70%Best | +15.59% |
| 3Y Return (annualized) | +20.87% | - |
| 5Y Return (annualized) | +13.58% | - |
| Volatility (annualized) | 18.9% | 12.2%Best |
| Max Drawdown | -21.1% | -18.0%Best |
| $10,000 over 2.2 years | $16,269Best | $14,142 |
| Fund Family | BlackRock, Inc. (US) | TappAlpha |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Apr 27, 2004 | Aug 14, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 15, 2024 to Oct 13, 2026 (2.2 years).
CII vs TSPY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
CII vs TSPY Performance
BlackRock Enhanced Large Cap Core Fund, Inc (CII) is an ETF from BlackRock, Inc. (US) and TappAlpha S&P 500 Growth & Daily Income ETF (TSPY) is an ETF from TappAlpha. Over the past year CII returned +19.70% while TSPY returned +15.59%. Year to date, CII is up 9.23% versus a gain of 11.27% for TSPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CII has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 12.2% for TSPY. 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 -21.1% for CII and -18.0% for TSPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CII charges 0.93% per year while TSPY charges 0.71%. On a $10,000 position that is $93 vs $71 annually, a gap of $22 per year that compounds over a long holding period. On income, CII currently yields 16.10% against 15.00% for TSPY.
Holdings Overlap
We hold position weights for 38 holdings in CII and 2 in TSPY, totalling 99.6% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 72 days apart, CII as of Jun 30, 2026 and TSPY as of Sep 10, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 38 positions we hold weights for in CII and 2 in TSPY, against full books of 142 and 3.
You are not choosing between two funds in isolation.
Whichever of CII and TSPY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, CII or TSPY?
CII has an expense ratio of 0.93% while TSPY charges 0.71%. TSPY is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, CII or TSPY?
Over the past year CII returned +19.70% vs +15.59% for TSPY, so CII leads on 1-year performance. Over the longest common window we track (2 years), CII annualized +24.76% vs +17.06% for TSPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CII or TSPY?
CII has been the more volatile fund at 18.9% annualized versus 12.2% for TSPY. Worst drawdown: CII -21.1% vs TSPY -18.0%.
Should I hold both CII and TSPY?
CII and TSPY have a monthly-return correlation of 0.82, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, CII or TSPY?
CII yields 16.10% while TSPY yields 15.00%, so CII currently pays the higher dividend yield.
Is TSPY better than CII?
TSPY has a lower expense ratio. CII led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.