CION Investment (CION) vs Western Asset High Income Fund II (HIX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
CION Investment is the larger company by market cap ($340.7 million vs $313.0 million), about 1.1 times the size. On valuation, Western Asset High Income Fund II trades at a lower trailing P/E (7.0x vs 98.9x for CION Investment). CION Investment offers the higher dividend yield (19.06% vs 16.92%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | CION | HIX |
|---|---|---|
| Share price | $6.93 | $3.48 |
| Market cap | $340.73M | $312.99M |
| 1-day change | +0.51% | -0.43% |
| YTD return | -28.75% | — |
| 1-year return | -26.07% | — |
| 5-year return | -42.68% | — |
| P/E ratio (TTM) | 98.93 | 6.95 |
| Forward P/E | 6.05 | — |
| EPS (TTM) | $0.07 | $0.50 |
| Dividend yield | 19.06% | 16.92% |
| Annual dividend | $1.32 | $0.588 |
| 52-week high | $10.40 | $4.37 |
| 52-week low | $5.83 | $3.45 |
| Distance from 52-week high | -33.41% | -20.48% |
| Analyst consensus | none | — |
| Avg. price target upside | +26.35% | — |
| Average volume | 451.34K | 371.85K |
| Shares outstanding | 49.20M | 90.07M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- CION Investment trades at a higher earnings multiple (98.9x vs 7.0x trailing P/E).
- CION Investment offers a meaningfully higher dividend yield (19.06% vs 16.92%).
About CION Investment
CION stock →CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies.
Finance · Finance/Investors Services
About Western Asset High Income Fund II
HIX stock →Western Asset High Income Fund II Inc. is a closed-ended fixed income mutual fund launched and managed by Legg Mason Partners Fund Advisor, LLC.
Finance · Finance/Investors Services
CION vs HIX FAQ
Which is bigger, CION Investment or Western Asset High Income Fund II?
CION Investment (CION) is larger, with a market capitalization of $340.73M compared with $312.99M for Western Asset High Income Fund II (HIX).
Which has the lower P/E ratio, CION or HIX?
HIX has the lower trailing P/E at 7.0, versus 98.9 for CION. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, CION Investment or Western Asset High Income Fund II?
CION Investment has the higher yield at 19.06%, compared with 16.92% for Western Asset High Income Fund II.
Are CION Investment and Western Asset High Income Fund II in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.