BGR vs. BOAT
BGR (BlackRock Energy and Resources Trust) is a stock, while BOAT (SonicShares Global Shipping ETF) is Industrials Equities fund tracking the Solactive Global Shipping Index. Over the past 5 years, BGR returned 21.04%/yr vs 25.20%/yr for BOAT. Their 0.40 correlation means their historical movements had little consistent relationship.
Performance
BGR vs. BOAT - Performance Comparison
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Returns By Period
In the year-to-date period, BGR achieves a 25.95% return, which is significantly lower than BOAT's 45.07% return.
BGR
- 1D
- -1.33%
- 1M
- 9.82%
- 6M
- 17.24%
- YTD
- 25.95%
- 1Y
- 33.44%
- 3Y*
- 18.00%
- 5Y*
- 21.04%
- 10Y*
- 8.92%
- ALL TIME*
- 6.29%
BOAT
- 1D
- 0.20%
- 1M
- 13.47%
- 6M
- 27.28%
- YTD
- 45.07%
- 1Y
- 59.66%
- 3Y*
- 26.95%
- 5Y*
- 25.20%
- 10Y*
- —
- ALL TIME*
- 24.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.27M | $1.36M | $1.62M | |
| $1.71M | $1.08M | $1.06M |
BGR vs. BOAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 25.95% | 17.34% | 8.07% | 5.73% | 38.90% | 9.25% |
BOAT SonicShares Global Shipping ETF | 45.07% | 22.77% | 5.97% | 24.53% | 6.26% | 21.24% |
Correlation
The correlation between BGR and BOAT is 0.20, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.20 |
Correlation (3Y) Balances recent behavior with more history. | 0.32 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.40 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.40 |
Over the past year, the correlation between BGR and BOAT has dropped to 0.20 - well below their long-term average of 0.40, suggesting their price drivers have been diverging.
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Return for Risk
BGR vs. BOAT — Risk / Return Rank
BGR
BOAT
BGR vs. BOAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Energy and Resources Trust (BGR) 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.
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.
| BGR | BOAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.27 | ||
| Sortino ratioReturn per unit of downside risk | -1.71 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.46 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 5.17 | -2.85 |
| Martin ratioReturn relative to average drawdown | 6.87 | 14.58 | -7.71 |
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Drawdowns
BGR vs. BOAT - Drawdown Comparison
The maximum BGR drawdown since its inception was -72.74%, which is greater than BOAT's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for BGR and BOAT.
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Drawdown Indicators
| BGR | BOAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.74% | -33.94% | -38.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.50% | -11.60% | -2.90% |
Max Drawdown (3Y)Largest decline over 3 years | -18.25% | -33.94% | +15.69% |
Max Drawdown (5Y)Largest decline over 5 years | -24.81% | -33.94% | +9.13% |
Max Drawdown (10Y)Largest decline over 10 years | -66.16% | — | — |
Current DrawdownCurrent decline from peak | -3.79% | -0.54% | -3.25% |
Average DrawdownAverage peak-to-trough decline | -20.15% | -9.51% | -10.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.88% | 4.10% | +0.78% |
Volatility
BGR vs. BOAT - Volatility Comparison
The current volatility for BlackRock Energy and Resources Trust (BGR) is 5.58%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 6.64%. This indicates that BGR experiences smaller price fluctuations and is considered to be less risky than BOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BGR | BOAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.58% | 6.64% | -1.06% |
Volatility (6M)Calculated over the trailing 6-month period | 17.85% | 16.86% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.67% | 20.72% | -0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.60% | 25.06% | -2.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.86% | 25.06% | +1.80% |
Dividends
BGR vs. BOAT - Dividend Comparison
BGR's dividend yield for the trailing twelve months is around 7.15%, more than BOAT's 6.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BGR BlackRock Energy and Resources Trust | 7.15% | 8.62% | 6.66% | 6.22% | 4.62% | 4.75% | 9.26% | 7.84% | 8.91% | 6.57% | 6.90% | 11.93% |
BOAT SonicShares Global Shipping ETF | 6.34% | 8.08% | 13.89% | 13.65% | 13.57% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
BGR and BOAT have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BOAT has higher volatility (6.64%) compared to BGR (5.58%). In terms of maximum drawdown, BGR dropped -72.74% vs BOAT's -33.94%.
BOAT currently has the higher Sharpe Ratio (2.90 vs 1.63), 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.
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