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BDRY vs. BOAT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between BDRY and BOAT is 0.14, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.1

Performance

BDRY vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Breakwave Dry Bulk Shipping ETF (BDRY) and SonicShares Global Shipping ETF (BOAT). The values are adjusted to include any dividend payments, if applicable.

-50.00%0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-77.71%
64.86%
BDRY
BOAT

Key characteristics

Sharpe Ratio

BDRY:

-0.81

BOAT:

0.11

Sortino Ratio

BDRY:

-1.11

BOAT:

0.31

Omega Ratio

BDRY:

0.88

BOAT:

1.04

Calmar Ratio

BDRY:

-0.50

BOAT:

0.11

Martin Ratio

BDRY:

-1.27

BOAT:

0.28

Ulcer Index

BDRY:

33.73%

BOAT:

9.45%

Daily Std Dev

BDRY:

52.57%

BOAT:

22.75%

Max Drawdown

BDRY:

-89.16%

BOAT:

-31.09%

Current Drawdown

BDRY:

-85.40%

BOAT:

-22.66%

Returns By Period

In the year-to-date period, BDRY achieves a -47.58% return, which is significantly lower than BOAT's 1.14% return.


BDRY

YTD

-47.58%

1M

-24.16%

6M

-48.95%

1Y

-38.04%

5Y*

-16.88%

10Y*

N/A

BOAT

YTD

1.14%

1M

-12.11%

6M

-17.69%

1Y

1.63%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


BDRY vs. BOAT - Expense Ratio Comparison

BDRY has a 3.76% expense ratio, which is higher than BOAT's 0.69% expense ratio.


BDRY
Breakwave Dry Bulk Shipping ETF
Expense ratio chart for BDRY: current value at 3.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%3.76%
Expense ratio chart for BOAT: current value at 0.69% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.69%

Risk-Adjusted Performance

BDRY vs. BOAT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Breakwave Dry Bulk Shipping ETF (BDRY) and SonicShares Global Shipping ETF (BOAT). 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.


Sharpe ratio
The chart of Sharpe ratio for BDRY, currently valued at -0.81, compared to the broader market0.002.004.00-0.810.11
The chart of Sortino ratio for BDRY, currently valued at -1.11, compared to the broader market-2.000.002.004.006.008.0010.00-1.110.31
The chart of Omega ratio for BDRY, currently valued at 0.88, compared to the broader market0.501.001.502.002.503.000.881.04
The chart of Calmar ratio for BDRY, currently valued at -0.50, compared to the broader market0.005.0010.0015.00-0.500.11
The chart of Martin ratio for BDRY, currently valued at -1.27, compared to the broader market0.0020.0040.0060.0080.00100.00-1.270.28
BDRY
BOAT

The current BDRY Sharpe Ratio is -0.81, which is lower than the BOAT Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of BDRY and BOAT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
-0.81
0.11
BDRY
BOAT

Dividends

BDRY vs. BOAT - Dividend Comparison

BDRY has not paid dividends to shareholders, while BOAT's dividend yield for the trailing twelve months is around 7.62%.


TTM202320222021
BDRY
Breakwave Dry Bulk Shipping ETF
0.00%0.00%0.00%0.00%
BOAT
SonicShares Global Shipping ETF
7.62%13.65%13.57%1.36%

Drawdowns

BDRY vs. BOAT - Drawdown Comparison

The maximum BDRY drawdown since its inception was -89.16%, which is greater than BOAT's maximum drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for BDRY and BOAT. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-85.40%
-22.66%
BDRY
BOAT

Volatility

BDRY vs. BOAT - Volatility Comparison

Breakwave Dry Bulk Shipping ETF (BDRY) has a higher volatility of 15.17% compared to SonicShares Global Shipping ETF (BOAT) at 4.22%. This indicates that BDRY's price experiences larger fluctuations and is considered to be riskier than BOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
15.17%
4.22%
BDRY
BOAT
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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