BOAT vs. SFYX

Last updated Jun 4, 2026

BOAT (SonicShares Global Shipping ETF) and SFYX (SoFi Next 500 ETF) are both exchange-traded funds - BOAT is a Transportation Equities fund tracking the Solactive Global Shipping Index - Benchmark TR Net, while SFYX is a Mid Cap Growth Equities fund tracking the Solactive SoFi US Next 500 Growth Index. Both are passively managed. At a 0.44 correlation, their price movements are largely independent. BOAT charges 0.69%/yr vs 0.00%/yr for SFYX.

Performance

BOAT vs. SFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SonicShares Global Shipping ETF (BOAT) and SoFi Next 500 ETF (SFYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BOAT

• 1D: -0.83%
• 1M: -2.43%
• YTD: 29.73%
• 6M: 28.77%
• 1Y: 49.09%
• 3Y*: 27.56%
• 5Y*: —
• 10Y*: —

SFYX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BOAT vs. SFYX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BOAT SonicShares Global Shipping ETF	29.73%	22.77%	5.97%	24.53%	6.26%	23.18%
SFYX SoFi Next 500 ETF	5.66%	14.25%	14.45%	17.70%	-22.88%	2.67%

Correlation

The correlation between BOAT and SFYX is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.31
Correlation (All Time) Calculated using the full available price history since Aug 5, 2021	0.44

The correlation between BOAT and SFYX shifts across timeframes, from 0.25 (1 year) to 0.44 (all time), reflecting how their relationship changes across market environments.

BOAT vs. SFYX - Sectors Allocation Comparison

Sectors	BOAT	SFYX
Industrials	25.4%	20.5%
Energy	16.1%	4.5%
Financial Services	4.7%	15.9%
Basic Materials	-	3.2%
Communication Services	-	4.5%
Consumer Cyclical	-	9.9%
Consumer Defensive	-	3.0%
Healthcare	-	12.1%
Real Estate	-	6.4%
Technology	-	16.9%
Utilities	-	2.2%

Return for Risk

BOAT vs. SFYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BOAT

BOAT Risk / Return Rank: 73
BOAT Sharpe Ratio Rank: 75
BOAT Sortino Ratio Rank: 71
BOAT Omega Ratio Rank: 67
BOAT Calmar Ratio Rank: 80
BOAT Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BOAT vs. SFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SonicShares Global Shipping ETF (BOAT) and SoFi Next 500 ETF (SFYX). 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	SFYX	Difference
Sharpe ratio: Return per unit of total volatility	2.50	—	—
Sortino ratio: Return per unit of downside risk	3.30	—	—
Omega ratio: Gain probability vs. loss probability	1.41	—	—
Calmar ratio: Return relative to maximum drawdown	4.25	—	—
Martin ratio: Return relative to average drawdown	13.13	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BOAT	SFYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.50	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.93	—	—

Drawdowns

Drawdown Indicators

	BOAT	SFYX	Difference
Max Drawdown Largest peak-to-trough decline	-33.94%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-11.60%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.94%	—	—
Current Drawdown Current decline from peak	-6.70%	—	—
Average Drawdown Average peak-to-trough decline	-9.70%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.75%	—	—

Volatility

Volatility by Period

	BOAT	SFYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.60%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.34%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.77%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.12%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.12%	—	—

BOAT vs. SFYX - Expense Ratio Comparison

BOAT has a 0.69% expense ratio, which is higher than SFYX's 0.00% expense ratio.

Dividends

BOAT vs. SFYX - Dividend Comparison

BOAT's dividend yield for the trailing twelve months is around 6.32%, more than SFYX's 1.36% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
BOAT SonicShares Global Shipping ETF	6.32%	8.08%	13.89%	13.65%	13.57%	1.36%	0.00%	0.00%
SFYX SoFi Next 500 ETF	1.36%	1.44%	1.25%	1.51%	1.56%	0.90%	1.16%	1.02%

Frequently Asked Questions

Can I hold both BOAT and SFYX in my portfolio?

BOAT and SFYX have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BOAT or SFYX?

On fees, SFYX is cheaper at 0.00% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BOAT or SFYX?

SFYX is cheaper with a 0.00% expense ratio, compared with 0.69% for BOAT.

Which ETF pays a higher dividend yield, BOAT or SFYX?

BOAT has the higher dividend yield at 6.32%, compared with 1.36% for SFYX.

What is the main difference between BOAT and SFYX?

BOAT is categorized as Transportation Equities, while SFYX is Mid Cap Growth Equities. BOAT tracks Solactive Global Shipping Index - Benchmark TR Net, while SFYX tracks Solactive SoFi US Next 500 Growth Index. Their fees differ too: 0.69% for BOAT and 0.00% for SFYX.