BOE vs VYM
BlackRock Enhanced Global Dividend Trust vs Vanguard High Dividend Yield ETF
Which is better, BOE or VYM?
VYM has been ahead.
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.5%.
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 | BOE | VYM |
|---|---|---|
| Expense Ratio | 0.90% | 0.04%Best |
| AUM | $743M | $81.6B |
| Dividend Yield | 7.41% | 2.22% |
| Holdings | 169 | 613 |
| YTD Return | +9.04% | +13.91%Best |
| 1Y Return | +12.77% | +17.57%Best |
| 3Y Return (annualized) | +16.84% | +18.12%Best |
| 5Y Return (annualized) | +7.62% | +12.17%Best |
| Volatility (annualized) | 19.6% | 14.5%Best |
| Max Drawdown | -76.2% | -58.8%Best |
| $10,000 over 5 years | $14,437 | $17,758Best |
| Top 10 Weight | 34.5% | 25.9%Best |
| Fund Family | BlackRock, Inc. (US) | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 26, 2005 | Nov 10, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 16, 2006 to Sep 11, 2026 (19.8 years).
BOE vs VYM 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 19.8 years both funds cover.
BOE vs VYM Performance
BlackRock Enhanced Global Dividend Trust (BOE) is an ETF from BlackRock, Inc. (US) and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year BOE returned +12.77% while VYM returned +17.57%. Year to date, BOE is up 9.04% versus a gain of 13.91% for VYM.
Over three years, BOE compounded at +16.84% per year against +18.12% for VYM; over five years the annualized figures are +7.62% and +12.17% respectively. Across the full 20-year window we track, VYM has the edge at +6.95% annualized vs -1.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOE has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 14.5% for VYM. 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 -76.2% for BOE and -58.8% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BOE charges 0.90% per year while VYM charges 0.04%. On a $10,000 position that is $90 vs $4 annually, a gap of $86 per year that compounds over a long holding period. On income, BOE currently yields 7.41% against 2.22% for VYM.
Holdings Overlap
31.7% of BOE's money is in holdings VYM also owns. 16.3% of VYM's money is in holdings BOE also owns.
The two portfolios partly overlap.
The two holdings books were reported 91 days apart, BOE as of Mar 31, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
17 positions in common, counted across the 51 positions we hold weights for in BOE and 603 in VYM, against full books of 169 and 613.
What only one of them owns
Our book lists 551 positions for VYM that do not appear in our book for BOE (81.2% of the fund), and 12 for BOE that do not appear in VYM (26.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in BOE | Weight in VYM | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 3.96% | 7.29% | 3.33% |
| JNJJohnson & Johnson | 2.52% | 2.54% | 0.02% |
| KOCoca Cola Co. | 2.56% | 1.31% | 1.25% |
| PGProcter & Gamble Company | 1.98% | 1.42% | 0.56% |
| CMSCms Energy Corp. | 3.14% | 0.10% | 3.04% |
| PGRProgressive Corp. | 1.93% | 0.53% | 1.40% |
| WMBWilliams Cos. Inc. | 2.03% | 0.38% | 1.65% |
| ORCLOracle Corp. | 0.82% | 1.04% | 0.22% |
| CARRCarrier Global Corporation | 1.53% | 0.24% | 1.29% |
| BKRBaker Hughes A Ge Co. Class A | 1.45% | 0.23% | 1.22% |
31.7% of BOE is already inside VYM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BOE or VYM?
BOE has an expense ratio of 0.90% while VYM charges 0.04%. VYM is the cheaper option, by $86 a year on a $10,000 investment.
Which performed better, BOE or VYM?
Over the past year BOE returned +12.77% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (20 years), BOE annualized -1.85% vs +6.95% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOE or VYM?
BOE has been the more volatile fund at 19.6% annualized versus 14.5% for VYM. Worst drawdown: BOE -76.2% vs VYM -58.8%.
Should I hold both BOE and VYM?
BOE and VYM have a monthly-return correlation of 0.72, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BOE and VYM?
31.7% of BOE's money is in holdings VYM also owns. 16.3% of VYM's is in holdings BOE also owns. They hold 17 positions in common, counted across the 51 positions we hold weights for in BOE and 603 in VYM.
Which pays a higher dividend, BOE or VYM?
BOE yields 7.41% while VYM yields 2.22%, so BOE currently pays the higher dividend yield.
Is VYM better than BOE?
VYM has a lower expense ratio. VYM led over 1Y, 3Y, 5Y and the full window. VYM is less concentrated, with 25.9% of the fund in its ten largest positions against 34.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.