BOE vs VT: Correlation
Measured on weekly returns over the past three years, Blackrock Enhanced Global Dividend Trust (BOE) and Vanguard Total World Stock ETF (VT) carry a correlation of 0.87, a very strong link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOE and VT?
Across a 3-year window, the weekly returns of BOE and VT correlate at 0.87, very strong, meaning they move nearly in lockstep. The relationship has been stable: the 1-year correlation (0.89) sits close to the 3-year figure. Stretching to 5 years gives 0.88, with an annualized covariance of 166.7 %².
By 3-year correlation, VT places #6 of the 27 assets tracked against BOE. On 12-month performance VT holds a 5.0-point edge, +17.7% against +22.7%.
How is this computed?
Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.
BOE vs VT: side by side
| BOE (Blackrock Enhanced Global Dividend Trust) | VT (Vanguard Total World Stock ETF) | |
|---|---|---|
| 1-year return | +17.7% | +22.7% |
| 5-year return | +46.4% | +67.7% |
| Volatility (ann.) | 13.8% | 13.9% |
| Beta vs S&P 500 | 0.79 | 0.92 |
| Max drawdown (3Y) | -14.5% | -16.5% |
| Market cap | – | – |
| P/E (trailing) | 6.8 | – |
| Dividend yield | 7.95% | 1.59% |
| Expense ratio | – | 0.06% |
| Assets under management | – | $97.9B |
| Sector / category | US Listed | ETF · Global |
VT is a Global Large-Stock Blend fund from Vanguard: $97.9B under management, 5308 holdings, a 0.06% expense ratio, a 1.59% trailing dividend yield.
Year-by-year returns
| Year | BOE | VT |
|---|---|---|
| 2022 | -15.5% | -18.0% |
| 2023 | +12.0% | +22.0% |
| 2024 | +16.8% | +16.5% |
| 2025 | +18.8% | +22.4% |
| 2026 | +12.2% | +15.2% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOE and VT good diversifiers for each other?
No: a correlation of 0.87 means BOE and VT tend to fall together, which is precisely when diversification is supposed to help.
FAQ
What is the correlation between BOE and VT?
The BOE/VT correlation stands at 0.87 on a 3-year window (1 year: 0.89, 5 years: 0.88), computed from weekly returns as of 2026-08-27.
Is VT a good diversifier for BOE?
No: a correlation of 0.87 means BOE and VT tend to fall together, which is precisely when diversification is supposed to help.
What does a correlation of 0.87 mean?
On the −1 to +1 scale, 0.87 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/boe-vs-vt.json
Embed this badge (it refreshes with the data), with attribution:
[](https://www.pairbook.io/pair/boe-vs-vt/)
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Related comparisons
Hubs: BOE correlations · VT correlations
