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

Key characteristics


BOATSCHK
YTD Return14.72%22.73%
1Y Return26.08%35.36%
3Y Return (Ann)19.23%8.23%
Sharpe Ratio1.032.90
Sortino Ratio1.473.83
Omega Ratio1.191.54
Calmar Ratio1.344.17
Martin Ratio3.1718.44
Ulcer Index7.50%1.93%
Daily Std Dev23.15%12.24%
Max Drawdown-31.09%-34.80%
Current Drawdown-12.27%-1.24%

Correlation

-0.50.00.51.00.5

The correlation between BOAT and SCHK is 0.46, 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. SCHK - Performance Comparison

In the year-to-date period, BOAT achieves a 14.72% return, which is significantly lower than SCHK's 22.73% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
0.38%
12.71%
BOAT
SCHK

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BOAT vs. SCHK - Expense Ratio Comparison

BOAT has a 0.69% expense ratio, which is higher than SCHK's 0.05% expense ratio.


BOAT
SonicShares Global Shipping ETF
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%
Expense ratio chart for SCHK: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

BOAT vs. SCHK - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SonicShares Global Shipping ETF (BOAT) and Schwab 1000 Index ETF (SCHK). 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.


BOAT
Sharpe ratio
The chart of Sharpe ratio for BOAT, currently valued at 1.03, compared to the broader market0.002.004.006.001.03
Sortino ratio
The chart of Sortino ratio for BOAT, currently valued at 1.47, compared to the broader market0.005.0010.001.47
Omega ratio
The chart of Omega ratio for BOAT, currently valued at 1.19, compared to the broader market1.001.502.002.503.003.501.19
Calmar ratio
The chart of Calmar ratio for BOAT, currently valued at 1.34, compared to the broader market0.005.0010.0015.0020.001.34
Martin ratio
The chart of Martin ratio for BOAT, currently valued at 3.17, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.17
SCHK
Sharpe ratio
The chart of Sharpe ratio for SCHK, currently valued at 2.90, compared to the broader market0.002.004.006.002.90
Sortino ratio
The chart of Sortino ratio for SCHK, currently valued at 3.83, compared to the broader market0.005.0010.003.83
Omega ratio
The chart of Omega ratio for SCHK, currently valued at 1.54, compared to the broader market1.001.502.002.503.003.501.54
Calmar ratio
The chart of Calmar ratio for SCHK, currently valued at 4.17, compared to the broader market0.005.0010.0015.0020.004.17
Martin ratio
The chart of Martin ratio for SCHK, currently valued at 18.43, compared to the broader market0.0020.0040.0060.0080.00100.00120.0018.44

BOAT vs. SCHK - Sharpe Ratio Comparison

The current BOAT Sharpe Ratio is 1.03, which is lower than the SCHK Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of BOAT and SCHK, 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 Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
1.03
2.90
BOAT
SCHK

Dividends

BOAT vs. SCHK - Dividend Comparison

BOAT's dividend yield for the trailing twelve months is around 6.72%, more than SCHK's 1.53% yield.


TTM2023202220212020201920182017
BOAT
SonicShares Global Shipping ETF
6.72%13.65%13.57%1.36%0.00%0.00%0.00%0.00%
SCHK
Schwab 1000 Index ETF
1.53%1.73%1.96%2.09%3.15%2.82%2.30%0.33%

Drawdowns

BOAT vs. SCHK - Drawdown Comparison

The maximum BOAT drawdown since its inception was -31.09%, smaller than the maximum SCHK drawdown of -34.80%. Use the drawdown chart below to compare losses from any high point for BOAT and SCHK. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-12.27%
-1.24%
BOAT
SCHK

Volatility

BOAT vs. SCHK - Volatility Comparison

SonicShares Global Shipping ETF (BOAT) has a higher volatility of 6.85% compared to Schwab 1000 Index ETF (SCHK) at 3.09%. This indicates that BOAT's price experiences larger fluctuations and is considered to be riskier than SCHK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
6.85%
3.09%
BOAT
SCHK