BOE vs WYNN: Correlation
Measured on weekly returns over the past three years, Blackrock Enhanced Global Dividend Trust (BOE) and Wynn Resorts (WYNN) carry a correlation of 0.44, a moderate link.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are BOE and WYNN?
On 3 years of weekly data the BOE/WYNN correlation comes out at 0.44, moderate. Little has changed lately, as the 1-year reading of 0.41 lands near the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 208.6 %².
Among the 27 assets we track against BOE, WYNN sits near the bottom by co-movement, at rank #23. The last year tells two different stories: BOE led by 41.0 percentage points, +17.7% for BOE against -23.3% for WYNN. One caveat on sizing: WYNN is 2.5 times as volatile as the other leg, so an equal-dollar split is far from equal-risk.
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 WYNN: side by side
| BOE (Blackrock Enhanced Global Dividend Trust) | WYNN (Wynn Resorts) | |
|---|---|---|
| 1-year return | +17.7% | -23.3% |
| 5-year return | +46.4% | -2.9% |
| Volatility (ann.) | 13.8% | 34.7% |
| Beta vs S&P 500 | 0.79 | 0.88 |
| Max drawdown (3Y) | -14.5% | -37.8% |
| Market cap | – | $9.6B |
| P/E (trailing) | 6.8 | 22.4 |
| Dividend yield | 7.95% | 1.03% |
| Sector / category | US Listed | Consumer Discretionary |
Year-by-year returns
| Year | BOE | WYNN |
|---|---|---|
| 2022 | -15.5% | -3.0% |
| 2023 | +12.0% | +11.3% |
| 2024 | +16.8% | -4.4% |
| 2025 | +18.8% | +41.0% |
| 2026 | +12.2% | -21.6% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are BOE and WYNN good diversifiers for each other?
Reasonably. At 0.44, BOE and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
FAQ
What is the correlation between BOE and WYNN?
Using weekly returns as of 2026-08-27: 0.44 over 3 years, with 0.41 over the last year and 0.47 over 5 years.
Is WYNN a good diversifier for BOE?
Reasonably. At 0.44, BOE and WYNN keep a meaningful degree of independence, and combining them has historically reduced portfolio volatility.
What does a correlation of 0.44 mean?
Correlation ranges from −1 to +1. Values near +1 mean two assets move together, near 0 that they move independently, and negative values that they tend to move in opposite directions. It measures co-movement, not performance.
Use this data
$ curl https://www.pairbook.io/api/v1/pairs/boe-vs-wynn.json
Markdown for the live badge, attribution link included:
[](https://www.pairbook.io/pair/boe-vs-wynn/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: BOE correlations · WYNN correlations
