AWF vs CII

Comparison between AllianceBernstein Global High Income Fund Inc (AWF, ETF) and BlackRock Enhanced Capital and Income Fund Inc (CII, ETF).

5-Year PerformanceCII has outperformed AWF, delivering a return of +13.8% compared to +4.0%

AWF vs CII - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	AWF(ETF)	CII(ETF)
Net Assets	$980M	$979M
Max Drawdown	58.11%	64.83%
Sharpe Ratio	-0.31	2.06
5Y Beta	0.36	0.86
5Y Dividends CAGR	0.00%	30.87%

Net Assets

Winner

AWF

$980M

CII

$979M

Max Drawdown

Winner

AWF

58.11%

CII

64.83%

Sharpe Ratio

AWF

-0.31

Winner

CII

2.06

5Y Beta

Winner

AWF

0.36

CII

0.86

5Y Dividends CAGR

AWF

0.00%

Winner

CII

30.87%

AWF vs CII - Historical Returns

Returns include dividend reinvestment.

Period	AWF	CII
1 month	-1.06%	+0.78%
3 months	+0.07%	+11.11%
6 months	-2.23%	+10.31%
1 year	+0.55%	+40.64%
5 years(CAGR)	+4.02%	+13.83%
10 years(CAGR)	+5.57%	+14.84%
Max(CAGR)	+9.91%	+10.63%

AWF

-1.06%

Winner

CII

+0.78%

AWF

+0.07%

Winner

CII

+11.11%

AWF

-2.23%

Winner

CII

+10.31%

AWF

+0.55%

Winner

CII

+40.64%

5Y(CAGR)

AWF

+4.02%

Winner

CII

+13.83%

10Y(CAGR)

AWF

+5.57%

Winner

CII

+14.84%

Max(CAGR)

AWF

+9.91%

Winner

CII

+10.63%

AWF vs CII - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	AWF	CII
2026	-2.31%	+7.76%
2025	+7.09%	+37.75%
2024	+13.51%	+13.30%
2023	+16.57%	+18.68%
2022	-16.82%	-12.97%
2021	+9.58%	+35.81%
2020	+4.70%	+8.26%
2019	+20.19%	+29.18%
2018	-11.22%	-8.71%
2017	+6.58%	+28.01%
2016	+23.68%	+7.46%
2015	-4.85%	+8.16%
2014	-3.55%	+12.15%
2013	-0.91%	+17.58%
2012	+18.15%	+9.74%
2011	+10.23%	-8.53%
2010	+16.72%	+7.34%
2009	+87.04%	+55.66%
2008	-30.41%	-35.48%
2007	+5.03%	+11.60%
2006	+20.10%	+26.22%
2005	+8.30%	+0.65%
2004	+3.32%	-5.18%
2003	+45.46%	N/A
2002	+12.40%	N/A
2001	+26.10%	N/A
2000	+6.73%	N/A
1999	-6.33%	N/A

AWF vs CII Drawdown Comparison

The maximum drawdown for AWF was -55.54%, occurring on Nov 21, 2008. Recovery took 293 trading sessions.

The maximum drawdown for CII was -56.39%, occurring on Nov 20, 2008. Recovery took 611 trading sessions.

The current AWF drawdown is -6.48%. The current CII drawdown is -6.60%.

Rank	AWF	CII
#1	-55.54% Jun 4, 2008 - Aug 3, 2009	-56.39% Jul 13, 2007 - Dec 14, 2009
#2	-40.12% Feb 20, 2020 - Dec 30, 2020	-40.60% Feb 19, 2020 - Nov 17, 2020
#3	-25.23% Nov 12, 2021 - Mar 1, 2024	-26.02% May 31, 2011 - Oct 8, 2012
#4	-24.59% Jan 23, 2004 - Jan 3, 2005	-22.31% Dec 30, 2021 - Jul 19, 2023
#5	-21.15% May 16, 2013 - Jun 8, 2016	-21.96% Sep 21, 2018 - Oct 17, 2019
#6	-18.61% May 31, 2002 - Dec 30, 2002	-21.06% Feb 18, 2025 - Jun 9, 2025
#7	-18.10% Jun 4, 2007 - Jan 11, 2008	-20.20% May 20, 2015 - Sep 6, 2016
#8	-17.55% Jun 29, 2001 - Jan 8, 2002	-18.00% May 26, 2004 - Feb 16, 2006
#9	-16.68% Apr 26, 2010 - Jul 29, 2010	-14.23% Apr 29, 2010 - Oct 26, 2010
#10	-15.69% Jul 8, 2011 - Dec 22, 2011	-12.82% Dec 14, 2009 - Mar 18, 2010
#11	-15.48% Oct 20, 2017 - Apr 11, 2019	-12.00% Sep 6, 2023 - Dec 29, 2023
#12	-13.63% Jul 17, 2000 - Jan 17, 2001	-11.65% Jan 13, 2026 - Apr 14, 2026
#13	-13.05% Jun 17, 2003 - Sep 30, 2003	-10.98% Sep 5, 2014 - Nov 25, 2014
#14	-11.49% Nov 8, 2010 - Apr 1, 2011	-10.47% Oct 8, 2012 - Jan 18, 2013
#15	-11.11% Feb 26, 2025 - Jun 18, 2025	-9.28% Jan 26, 2018 - Jul 10, 2018

Correlation

Correlation between AWF and CII is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2000 - 2026)

AWF vs CII dividend yield comparison.

Year	AWF	CII
2026	3.41%	2.90%
2025	7.81%	16.65%
2024	7.47%	6.15%
2023	7.33%	6.28%
2022	10.30%	12.27%
2021	6.48%	4.98%
2020	6.68%	6.03%
2019	6.62%	5.79%
2018	7.97%	7.06%
2017	6.03%	6.07%
2016	7.73%	8.38%
2015	10.28%	8.49%
2014	11.91%	8.59%
2013	11.09%	8.78%
2012	9.21%	10.63%
2011	11.45%	12.72%
2010	8.39%	13.06%
2009	8.41%	12.46%
2008	18.70%	17.34%
2007	13.20%	12.17%
2006	8.09%	7.15%
2005	7.57%	6.97%
2004	7.52%	3.28%
2003	8.08%	0.00%
2002	12.22%	0.00%
2001	14.01%	0.00%
2000	5.12%	0.00%