BOE vs OAKM
BlackRock Enhanced Global Dividend Trust vs Oakmark US Large Cap ETF
Which is better, BOE or OAKM?
OAKM has been ahead.
OAKM has a lower expense ratio. OAKM led over 1Y and the full window. OAKM is less concentrated, with 35.0% of the fund in its ten largest positions against 35.7%.
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 | OAKM |
|---|---|---|
| Expense Ratio | 0.90% | 0.59%Best |
| AUM | $737M | $1.1B |
| Dividend Yield | 7.52% | 0.65% |
| Holdings | 169 | 41 |
| YTD Return | +4.82% | +6.05%Best |
| 1Y Return | +9.32% | +14.80%Best |
| 3Y Return (annualized) | +16.03% | - |
| 5Y Return (annualized) | +7.46% | - |
| Volatility (annualized) | 12.3% | 12.2%Best |
| Max Drawdown | -14.5%Best | -15.2% |
| $10,000 over 1.9 years | $12,049 | $12,344Best |
| Top 10 Weight | 35.7% | 35.0%Best |
| Fund Family | BlackRock, Inc. (US) | Oakmark Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | May 26, 2005 | Dec 3, 2024 |
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Dec 3, 2024 to Oct 14, 2026 (1.9 years).
BOE vs OAKM 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 1.9 years both funds cover.
BOE vs OAKM Performance
BlackRock Enhanced Global Dividend Trust (BOE) is an ETF from BlackRock, Inc. (US) and Oakmark US Large Cap ETF (OAKM) is an ETF from Oakmark Funds. Over the past year BOE returned +9.32% while OAKM returned +14.80%. Year to date, BOE is up 4.82% versus a gain of 6.05% for OAKM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOE has been the more volatile fund, with annualized monthly volatility of 12.3% compared with 12.2% for OAKM. 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 -14.5% for BOE and -15.2% for OAKM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BOE charges 0.90% per year while OAKM charges 0.59%. On a $10,000 position that is $90 vs $59 annually, a gap of $31 per year that compounds over a long holding period. On income, BOE currently yields 7.52% against 0.65% for OAKM.
Holdings Overlap
10.3% of BOE's money is in holdings OAKM also owns. 10.4% of OAKM's money is in holdings BOE also owns.
OAKM and BOE share little of their money.
The two holdings books were reported 93 days apart, BOE as of Jun 30, 2026 and OAKM as of Oct 1, 2026, so some of the difference between them is the time between the two reports rather than the funds.
5 positions in common, counted across the 51 positions we hold weights for in BOE and 39 in OAKM, against full books of 169 and 41.
What only one of them owns
Our book lists 31 positions for OAKM that do not appear in our book for BOE (82.5% of the fund), and 22 for BOE that do not appear in OAKM (46.1%).
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.
You are not choosing between two funds in isolation.
Whichever of BOE and OAKM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BOE or OAKM?
BOE has an expense ratio of 0.90% while OAKM charges 0.59%. OAKM is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, BOE or OAKM?
Over the past year BOE returned +9.32% vs +14.80% for OAKM, so OAKM leads on 1-year performance. Over the longest common window we track (2 years), BOE annualized +10.31% vs +11.72% for OAKM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOE or OAKM?
BOE has been the more volatile fund at 12.3% annualized versus 12.2% for OAKM. Worst drawdown: BOE -14.5% vs OAKM -15.2%.
Should I hold both BOE and OAKM?
BOE and OAKM have a monthly-return correlation of 0.67, 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 OAKM?
10.4% of OAKM's money is in holdings BOE also owns. 10.4% of OAKM's is in holdings BOE also owns. They hold 5 positions in common, counted across the 51 positions we hold weights for in BOE and 39 in OAKM.
Which pays a higher dividend, BOE or OAKM?
BOE yields 7.52% while OAKM yields 0.65%, so BOE currently pays the higher dividend yield.
Is OAKM better than BOE?
OAKM has a lower expense ratio. OAKM led over 1Y and the full window. OAKM is less concentrated, with 35.0% of the fund in its ten largest positions against 35.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.