BOAT vs. VOO
Compare and contrast key facts about SonicShares Global Shipping ETF (BOAT) and Vanguard S&P 500 ETF (VOO).
BOAT and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010. Both BOAT and VOO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BOAT or VOO.
Key characteristics
| BOAT | VOO | |
|---|---|---|
| YTD Return | 12.50% | 27.15% |
| 1Y Return | 26.00% | 39.90% |
| 3Y Return (Ann) | 17.58% | 10.28% |
| Sharpe Ratio | 1.14 | 3.15 |
| Sortino Ratio | 1.61 | 4.19 |
| Omega Ratio | 1.20 | 1.59 |
| Calmar Ratio | 1.50 | 4.60 |
| Martin Ratio | 3.48 | 21.00 |
| Ulcer Index | 7.64% | 1.85% |
| Daily Std Dev | 23.28% | 12.34% |
| Max Drawdown | -31.09% | -33.99% |
| Current Drawdown | -13.98% | 0.00% |
Correlation
The correlation between BOAT and VOO is 0.45, 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. VOO - Performance Comparison
In the year-to-date period, BOAT achieves a 12.50% return, which is significantly lower than VOO's 27.15% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BOAT vs. VOO - Expense Ratio Comparison
BOAT has a 0.69% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
BOAT vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for SonicShares Global Shipping ETF (BOAT) and Vanguard S&P 500 ETF (VOO). 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. VOO - Dividend Comparison
BOAT's dividend yield for the trailing twelve months is around 6.85%, more than VOO's 1.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BOAT SonicShares Global Shipping ETF | 6.85% | 13.65% | 13.57% | 1.36% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.23% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
BOAT vs. VOO - Drawdown Comparison
The maximum BOAT drawdown since its inception was -31.09%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for BOAT and VOO. For additional features, visit the drawdowns tool.
Volatility
BOAT vs. VOO - Volatility Comparison
SonicShares Global Shipping ETF (BOAT) has a higher volatility of 7.48% compared to Vanguard S&P 500 ETF (VOO) at 3.95%. This indicates that BOAT's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.