BOE vs CGDV
BlackRock Enhanced Global Dividend Trust vs Capital Group Dividend Value ETF
Which is better, BOE or CGDV?
CGDV has been ahead.
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 43.1%.
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 | CGDV |
|---|---|---|
| Expense Ratio | 0.90% | 0.33%Best |
| AUM | $737M | $39.3B |
| Dividend Yield | 7.52% | 1.23% |
| Holdings | 169 | 116 |
| YTD Return | +4.82% | +12.74%Best |
| 1Y Return | +9.32% | +19.20%Best |
| 3Y Return (annualized) | +16.03% | +24.22%Best |
| 5Y Return (annualized) | +7.46% | - |
| Volatility (annualized) | 14.8%Best | 14.9% |
| Max Drawdown | -21.4%Best | -21.8% |
| $10,000 over 4.6 years | $14,809 | $21,295Best |
| Top 10 Weight | 35.7%Best | 43.1% |
| Fund Family | BlackRock, Inc. (US) | Capital Group (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 26, 2005 | Feb 22, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 24, 2022 to Oct 14, 2026 (4.6 years).
BOE vs CGDV 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 4.6 years both funds cover.
BOE vs CGDV Performance
BlackRock Enhanced Global Dividend Trust (BOE) is an ETF from BlackRock, Inc. (US) and Capital Group Dividend Value ETF (CGDV) is an ETF from Capital Group (US). Over the past year BOE returned +9.32% while CGDV returned +19.20%. Year to date, BOE is up 4.82% versus a gain of 12.74% for CGDV.
Over three years, BOE compounded at +16.03% per year against +24.22% for CGDV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CGDV has been the more volatile fund, with annualized monthly volatility of 14.9% compared with 14.8% for BOE. 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 -21.4% for BOE and -21.8% for CGDV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BOE charges 0.90% per year while CGDV charges 0.33%. On a $10,000 position that is $90 vs $33 annually, a gap of $57 per year that compounds over a long holding period. On income, BOE currently yields 7.52% against 1.23% for CGDV.
Holdings Overlap
32.3% of BOE's money is in holdings CGDV also owns. 42.5% of CGDV's money is in holdings BOE also owns.
The two portfolios partly overlap.
The two holdings books were reported 98 days apart, BOE as of Jun 30, 2026 and CGDV as of Oct 6, 2026, so some of the difference between them is the time between the two reports rather than the funds.
11 positions in common, counted across the 51 positions we hold weights for in BOE and 53 in CGDV, against full books of 169 and 116.
What only one of them owns
Our book lists 39 positions for CGDV that do not appear in our book for BOE (53.6% of the fund), and 18 for BOE that do not appear in CGDV (30.4%).
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 CGDV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.41% | 7.17% | 2.76% |
| MSFTMicrosoft Corp | 3.40% | 8.00% | 4.60% |
| GOOGLAlphabet Inc | 4.69% | 3.66% | 1.03% |
| AVGOBroadcom Inc | 3.16% | 4.83% | 1.67% |
| 2330:TWTsmc | 4.91% | 2.45% | 2.46% |
| METAMeta Platforms Inc | 1.50% | 5.30% | 3.80% |
| AMATApplied Materials, Inc. | 3.50% | 2.14% | 1.36% |
| AAPLApple, Inc | 3.17% | 2.31% | 0.86% |
| BATS:LNBritish American Tobacco Plc | 1.48% | 2.14% | 0.66% |
| CARRCarrier Global Corporation | 1.08% | 2.29% | 1.21% |
42.5% of CGDV is already inside BOE.
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 CGDV?
BOE has an expense ratio of 0.90% while CGDV charges 0.33%. CGDV is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, BOE or CGDV?
Over the past year BOE returned +9.32% vs +19.20% for CGDV, so CGDV leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOE or CGDV?
CGDV has been the more volatile fund at 14.9% annualized versus 14.8% for BOE. Worst drawdown: BOE -21.4% vs CGDV -21.8%.
Should I hold both BOE and CGDV?
BOE and CGDV have a monthly-return correlation of 0.88, 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 CGDV?
42.5% of CGDV's money is in holdings BOE also owns. 42.5% of CGDV's is in holdings BOE also owns. They hold 11 positions in common, counted across the 51 positions we hold weights for in BOE and 53 in CGDV.
Which pays a higher dividend, BOE or CGDV?
BOE yields 7.52% while CGDV yields 1.23%, so BOE currently pays the higher dividend yield.
Is CGDV better than BOE?
CGDV has a lower expense ratio. CGDV led over 1Y, 3Y and the full window. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 43.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.