BOAT vs. MATX
Compare and contrast key facts about SonicShares Global Shipping ETF (BOAT) and Matson, Inc. (MATX).
BOAT is a passively managed fund by Toroso Investments that tracks the performance of the Solactive Global Shipping Index - Benchmark TR Net. It was launched on Aug 3, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOAT or MATX.
Correlation
The correlation between BOAT and MATX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
BOAT vs. MATX - Performance Comparison
Key characteristics
BOAT:
-0.19
MATX:
0.15
BOAT:
-0.08
MATX:
0.48
BOAT:
0.99
MATX:
1.06
BOAT:
-0.15
MATX:
0.12
BOAT:
-0.32
MATX:
0.35
BOAT:
16.02%
MATX:
15.24%
BOAT:
26.82%
MATX:
36.42%
BOAT:
-33.94%
MATX:
-70.57%
BOAT:
-20.53%
MATX:
-34.07%
Returns By Period
In the year-to-date period, BOAT achieves a -1.93% return, which is significantly higher than MATX's -18.17% return.
BOAT
-1.93%
17.33%
-8.24%
-7.52%
N/A
N/A
MATX
-18.17%
-1.86%
-29.05%
-1.93%
34.44%
11.90%
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Risk-Adjusted Performance
BOAT vs. MATX — Risk-Adjusted Performance Rank
BOAT
MATX
BOAT vs. MATX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SonicShares Global Shipping ETF (BOAT) and Matson, Inc. (MATX). 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.
Dividends
BOAT vs. MATX - Dividend Comparison
BOAT's dividend yield for the trailing twelve months is around 14.77%, more than MATX's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOAT SonicShares Global Shipping ETF | 14.77% | 13.89% | 13.65% | 13.57% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MATX Matson, Inc. | 1.22% | 0.98% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% | 1.91% |
Drawdowns
BOAT vs. MATX - Drawdown Comparison
The maximum BOAT drawdown since its inception was -33.94%, smaller than the maximum MATX drawdown of -70.57%. Use the drawdown chart below to compare losses from any high point for BOAT and MATX. For additional features, visit the drawdowns tool.
Volatility
BOAT vs. MATX - Volatility Comparison
SonicShares Global Shipping ETF (BOAT) and Matson, Inc. (MATX) have volatilities of 14.27% and 14.53%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.