BOE vs. BSIIX
BOE (BlackRock Enhanced Global Dividend Trust) and BSIIX (BlackRock Strategic Income Opportunities Fund Class I) are both mutual funds - BOE is a Derivative Income fund actively managed by BlackRock, while BSIIX is a Total Bond Market fund managed by BlackRock. Over the past 10 years, BOE returned 9.13%/yr vs 3.60%/yr for BSIIX. Their 0.27 correlation means their historical movements had little consistent relationship. BOE charges 1.11%/yr vs 0.69%/yr for BSIIX.
Performance
BOE vs. BSIIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BOE achieves a 8.61% return, which is significantly higher than BSIIX's 1.03% return. Over the past 10 years, BOE has outperformed BSIIX with an annualized return of 9.13%, while BSIIX has yielded a comparatively lower 3.60% annualized return.
BOE
- 1D
- -0.25%
- 1M
- 0.77%
- 6M
- 6.14%
- YTD
- 8.61%
- 1Y
- 17.80%
- 3Y*
- 15.00%
- 5Y*
- 7.52%
- 10Y*
- 9.13%
- ALL TIME*
- 6.32%
BSIIX
- 1D
- 0.10%
- 1M
- -1.13%
- 6M
- 0.11%
- YTD
- 1.03%
- 1Y
- 4.24%
- 3Y*
- 6.24%
- 5Y*
- 2.75%
- 10Y*
- 3.60%
- ALL TIME*
- 3.91%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.04M | $1.04M | $1.20M | |
| $0.00 | $0.00 | $0.00 |
BOE vs. BSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BOE BlackRock Enhanced Global Dividend Trust | 8.61% | 18.77% | 16.76% | 12.00% | -15.49% | 18.94% | 7.39% | 26.08% | -19.23% | 29.71% |
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 1.03% | 8.59% | 5.22% | 6.18% | -6.14% | 0.80% | 7.22% | 7.65% | -0.42% | 4.89% |
Correlation
The correlation between BOE and BSIIX is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.54 |
Correlation (3Y) Balances recent behavior with more history. | 0.35 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.36 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.32 |
Correlation (All Time) Calculated using the full available price history since Feb 7, 2008 | 0.27 |
Over the past year, BOE and BSIIX have become more correlated (0.54) than their long-term average of 0.27, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BOE vs. BSIIX — Risk / Return Rank
BOE
BSIIX
BOE vs. BSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Enhanced Global Dividend Trust (BOE) and BlackRock Strategic Income Opportunities Fund Class I (BSIIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BOE | BSIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.36 | ||
| Sortino ratioReturn per unit of downside risk | -0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.33 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.76 | -0.34 |
| Martin ratioReturn relative to average drawdown | 6.05 | 6.43 | -0.38 |
Loading charts...
Drawdowns
BOE vs. BSIIX - Drawdown Comparison
The maximum BOE drawdown since its inception was -59.39%, which is greater than BSIIX's maximum drawdown of -18.76%. Use the drawdown chart below to compare losses from any high point for BOE and BSIIX.
Loading charts...
Drawdown Indicators
| BOE | BSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.39% | -18.76% | -40.63% |
Max Drawdown (1Y)Largest decline over 1 year | -11.51% | -2.84% | -8.67% |
Max Drawdown (3Y)Largest decline over 3 years | -14.53% | -2.84% | -11.69% |
Max Drawdown (5Y)Largest decline over 5 years | -26.13% | -9.13% | -17.00% |
Max Drawdown (10Y)Largest decline over 10 years | -36.55% | -9.91% | -26.64% |
Current DrawdownCurrent decline from peak | -0.71% | -1.25% | +0.54% |
Average DrawdownAverage peak-to-trough decline | -9.30% | -1.80% | -7.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 0.78% | +1.91% |
Volatility
BOE vs. BSIIX - Volatility Comparison
BlackRock Enhanced Global Dividend Trust (BOE) has a higher volatility of 3.95% compared to BlackRock Strategic Income Opportunities Fund Class I (BSIIX) at 0.69%. This indicates that BOE's price experiences larger fluctuations and is considered to be riskier than BSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BOE | BSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.95% | 0.69% | +3.26% |
Volatility (6M)Calculated over the trailing 6-month period | 10.34% | 2.44% | +7.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.42% | 2.99% | +9.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.63% | 3.04% | +11.59% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.28% | 3.15% | +13.13% |
BOE vs. BSIIX - Expense Ratio Comparison
BOE has a 1.11% expense ratio, which is higher than BSIIX's 0.69% expense ratio.
Dividends
BOE vs. BSIIX - Dividend Comparison
BOE's dividend yield for the trailing twelve months is around 8.19%, more than BSIIX's 4.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOE BlackRock Enhanced Global Dividend Trust | 8.19% | 8.47% | 7.20% | 7.62% | 7.91% | 6.21% | 6.93% | 6.88% | 9.03% | 18.90% | 9.08% | 9.12% |
BSIIX BlackRock Strategic Income Opportunities Fund Class I | 4.83% | 5.07% | 4.75% | 3.33% | 3.58% | 2.98% | 2.92% | 3.54% | 3.32% | 3.45% | 2.91% | 3.19% |
Frequently Asked Questions
BOE and BSIIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOE has higher volatility (3.95%) compared to BSIIX (0.69%). In terms of maximum drawdown, BOE dropped -59.39% vs BSIIX's -18.76%.
BSIIX currently has the higher Sharpe Ratio (1.67 vs 1.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for BOE and BSIIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer