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BlackRock Enhanced Global Dividend Trust (BOE) Sharpe Ratio: 1.51

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

BlackRock Enhanced Global Dividend Trust aims to provide current income and gains, with a secondary goal of long-term capital appreciation, by investing at least 80% of its assets in dividend-paying equities, primarily large-cap companies, with significant exposure outside the U.S. The Fund also employs an options strategy by writing covered put and call options on approximately 30% to 45% of its assets.

BOE's Sharpe Ratio of 1.51 indicates that for each unit of volatility, it generates 1.51 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets.

BOE Sharpe Ratio Rank

BOE Sharpe Ratio Rank: 27.027
Below Average

BOE ranks above 27.0% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Returns may not adequately compensate for volatility taken
  • Consider smaller allocation given below-average risk-adjusted profile
  • Explore higher-ranked investments with better consistency
  • Assess whether the volatility profile aligns with your portfolio goals

BOE Sharpe Ratio Market Positioning

The chart shows BOE's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.65+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares BlackRock Enhanced Global Dividend Trust's Sharpe Ratio with other mutual funds in the Derivative Income category across multiple time periods, showing how BOE's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CIIBlackRock Enhanced Large Cap Core Fund3.15
TCBIXThe Covered Bridge Fund2.69
NIEVirtus Equity & Convertible Income Fund2.60
SCAUXInvesco Income Advantage U.S. Fund2.47
CLPAXCatalyst Nasdaq-100 Hedged Equity Fund2.23
PUTWWisdomTree Equity Premium Income Fund2.20
FFAFirst Trust Enhanced Equity Income Fund2.19
EQTIXShelton Equity Income Fund2.12
SCJIXCrossmark Steward Covered Call Income Fund2.08
BMCIXBlackRock High Equity Income Fund2.01
BOEBlackRock Enhanced Global Dividend Trust1.51

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows BOE's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when BOE consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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