BOE vs IVV
BlackRock Enhanced Global Dividend Trust vs iShares Core S&P 500 ETF
Which is better, BOE or IVV?
Large Cap Value against Large Cap Blend.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 38.9%.
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 | IVV |
|---|---|---|
| Expense Ratio | 0.90% | 0.03%Best |
| AUM | $737M | $896.5B |
| Dividend Yield | 7.52% | 1.10% |
| Holdings | 169 | 508 |
| YTD Return | +4.82% | +13.59%Best |
| 1Y Return | +9.32% | +17.54%Best |
| 3Y Return (annualized) | +16.03% | +22.46%Best |
| 5Y Return (annualized) | +7.46% | +13.28%Best |
| Volatility (annualized) | 19.2% | 14.9%Best |
| Max Drawdown | -76.2% | -56.5%Best |
| $10,000 over 5 years | $14,330 | $18,654Best |
| Top 10 Weight | 35.7%Best | 38.9% |
| Fund Family | BlackRock, Inc. (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Blend |
| Inception | May 26, 2005 | May 15, 2000 |
Volatility and max drawdown are measured over the window both funds cover: May 26, 2005 to Oct 14, 2026 (21.4 years).
BOE vs IVV 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 21.4 years both funds cover.
BOE vs IVV Performance
BlackRock Enhanced Global Dividend Trust (BOE) is an ETF from BlackRock, Inc. (US) and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year BOE returned +9.32% while IVV returned +17.54%. Year to date, BOE is up 4.82% versus a gain of 13.59% for IVV.
Over three years, BOE compounded at +16.03% per year against +22.46% for IVV; over five years the annualized figures are +7.46% and +13.28% respectively. Across the full 21-year window we track, IVV has the edge at +9.51% annualized vs -1.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOE has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 14.9% for IVV. 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 -56.5% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BOE charges 0.90% per year while IVV charges 0.03%. On a $10,000 position that is $90 vs $3 annually, a gap of $87 per year that compounds over a long holding period. On income, BOE currently yields 7.52% against 1.10% for IVV.
Holdings Overlap
53.0% of BOE's money is in holdings IVV also owns. 33.5% of IVV's money is in holdings BOE also owns.
The two portfolios partly overlap.
The two holdings books were reported 93 days apart, BOE as of Jun 30, 2026 and IVV as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
24 positions in common, counted across the 51 positions we hold weights for in BOE and 506 in IVV, against full books of 169 and 508.
What only one of them owns
Our book lists 476 positions for IVV that do not appear in our book for BOE (65.9% of the fund), and 3 for BOE that do not appear in IVV (3.4%).
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 IVV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.41% | 8.44% | 4.03% |
| AAPLApple, Inc | 3.17% | 7.29% | 4.12% |
| MSFTMicrosoft Corp | 3.40% | 5.76% | 2.36% |
| GOOGLAlphabet Inc | 4.69% | 3.00% | 1.69% |
| AVGOBroadcom Inc | 3.16% | 2.47% | 0.69% |
| AMATApplied Materials, Inc. | 3.50% | 0.64% | 2.86% |
| METAMeta Platforms Inc | 1.50% | 2.42% | 0.92% |
| JNJJohnson & Johnson - Common | 2.45% | 0.94% | 1.51% |
| KOCoca Cola Co. | 2.47% | 0.50% | 1.97% |
| PHParker-Hannifin Corp. | 2.29% | 0.18% | 2.11% |
53.0% of BOE is already inside IVV.
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 IVV?
BOE has an expense ratio of 0.90% while IVV charges 0.03%. IVV is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, BOE or IVV?
Over the past year BOE returned +9.32% vs +17.54% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (21 years), BOE annualized -1.55% vs +9.51% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOE or IVV?
BOE has been the more volatile fund at 19.2% annualized versus 14.9% for IVV. Worst drawdown: BOE -76.2% vs IVV -56.5%.
Should I hold both BOE and IVV?
BOE and IVV have a monthly-return correlation of 0.76, 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 IVV?
53.0% of BOE's money is in holdings IVV also owns. 33.5% of IVV's is in holdings BOE also owns. They hold 24 positions in common, counted across the 51 positions we hold weights for in BOE and 506 in IVV.
Which pays a higher dividend, BOE or IVV?
BOE yields 7.52% while IVV yields 1.10%, so BOE currently pays the higher dividend yield.
Is IVV better than BOE?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. BOE is less concentrated, with 35.7% of the fund in its ten largest positions against 38.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.