DRIV vs. BOAT

Last updated Jul 28, 2026

DRIV (Global X Autonomous & Electric Vehicles ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - DRIV is a Global Equities fund tracking the Solactive Autonomous & Electric Vehicles Index, while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. Both are passively managed. Over the past 3 years, DRIV returned 8.29%/yr vs 26.03%/yr for BOAT. Their 0.46 correlation means their historical movements had little consistent relationship. DRIV charges 0.68%/yr vs 0.69%/yr for BOAT.

Performance

DRIV vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Autonomous & Electric Vehicles ETF (DRIV) and SonicShares Global Shipping ETF (BOAT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DRIV achieves a 13.45% return, which is significantly lower than BOAT's 40.93% return.

DRIV

• 1D: 0.14%
• 1M: -9.42%
• 6M: 2.21%
• YTD: 13.45%
• 1Y: 34.04%
• 3Y*: 8.29%
• 5Y*: 4.90%
• 10Y*: —
• ALL TIME*: 11.52%

BOAT

• 1D: -1.99%
• 1M: 11.10%
• 6M: 29.88%
• YTD: 40.93%
• 1Y: 49.92%
• 3Y*: 26.03%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 24.21%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BOAT SonicShares Global Shipping ETF	$1.07M	$919.74K	$998.91K
DRIV Global X Autonomous & Electric Vehicles ETF	$1.00M	$1.79M	$2.96M

DRIV vs. BOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
DRIV Global X Autonomous & Electric Vehicles ETF	13.45%	30.42%	-5.04%	26.14%	-34.13%	6.26%
BOAT SonicShares Global Shipping ETF	40.93%	22.77%	5.97%	24.53%	6.26%	21.24%

Correlation

The correlation between DRIV and BOAT is 0.30, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.30
Correlation (3Y) Balances recent behavior with more history.	0.35
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021	0.46

The correlation between DRIV and BOAT shifts across timeframes, from 0.30 (1 year) to 0.46 (all time), reflecting how their relationship changes across market environments.

DRIV vs. BOAT - Sectors Allocation Comparison

Sectors	DRIV	BOAT
Technology	40.9%	-
Consumer Cyclical	23.8%	-
Industrials	17.5%	29.2%
Basic Materials	11.5%	-
Communication Services	6.3%	-
Consumer Defensive	-	-
Energy	-	10.3%
Financial Services	-	6.6%
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

DRIV vs. BOAT — Risk / Return Rank

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

DRIV

DRIV Risk / Return Rank: 46
DRIV Sharpe Ratio Rank: 47
DRIV Sortino Ratio Rank: 45
DRIV Omega Ratio Rank: 46
DRIV Calmar Ratio Rank: 45
DRIV Martin Ratio Rank: 47

BOAT

BOAT Risk / Return Rank: 90
BOAT Sharpe Ratio Rank: 93
BOAT Sortino Ratio Rank: 91
BOAT Omega Ratio Rank: 88
BOAT Calmar Ratio Rank: 92
BOAT Martin Ratio Rank: 85

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.

DRIV vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Autonomous & Electric Vehicles ETF (DRIV) 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.

	DRIV	BOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.18	2.43	-1.25
Sortino ratio: Return per unit of downside risk	1.65	3.24	-1.59
Omega ratio: Gain probability vs. loss probability	1.21	1.39	-0.19
Calmar ratio: Return relative to maximum drawdown	1.61	4.32	-2.71
Martin ratio: Return relative to average drawdown	5.40	12.18	-6.78

DRIV vs. BOAT - Sharpe Ratio Comparison

The current DRIV Sharpe Ratio is 1.18, which is lower than the BOAT Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of DRIV and BOAT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DRIV vs. BOAT - Drawdown Comparison

The maximum DRIV drawdown since its inception was -41.93%, which is greater than BOAT's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for DRIV and BOAT.

Drawdown Indicators

	DRIV	BOAT	Difference
Max Drawdown Largest peak-to-trough decline	-41.93%	-33.94%	-7.99%
Max Drawdown (1Y) Largest decline over 1 year	-21.20%	-11.60%	-9.60%
Max Drawdown (3Y) Largest decline over 3 years	-34.18%	-33.94%	-0.24%
Max Drawdown (5Y) Largest decline over 5 years	-41.93%	—	—
Current Drawdown Current decline from peak	-21.09%	-1.99%	-19.10%
Average Drawdown Average peak-to-trough decline	-15.08%	-9.54%	-5.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.33%	4.11%	+2.22%

Volatility

DRIV vs. BOAT - Volatility Comparison

Global X Autonomous & Electric Vehicles ETF (DRIV) has a higher volatility of 10.11% compared to SonicShares Global Shipping ETF (BOAT) at 7.60%. This indicates that DRIV's price experiences larger fluctuations and is considered to be riskier than BOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DRIV	BOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.11%	7.60%	+2.51%
Volatility (6M) Calculated over the trailing 6-month period	24.16%	16.90%	+7.26%
Volatility (1Y) Calculated over the trailing 1-year period	29.04%	20.69%	+8.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.84%	25.09%	+2.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.71%	25.09%	+2.62%

DRIV vs. BOAT - Expense Ratio Comparison

DRIV has a 0.68% expense ratio, which is lower than BOAT's 0.69% expense ratio.

Dividends

DRIV vs. BOAT - Dividend Comparison

DRIV's dividend yield for the trailing twelve months is around 0.65%, less than BOAT's 6.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
BOAT SonicShares Global Shipping ETF	6.53%	8.08%	13.89%	13.65%	13.57%	1.36%	0.00%	0.00%	0.00%
DRIV Global X Autonomous & Electric Vehicles ETF	0.65%	1.07%	2.07%	1.62%	1.24%	0.32%	0.29%	1.23%	2.79%

Frequently Asked Questions

Can I hold both DRIV and BOAT in my portfolio?

DRIV and BOAT have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DRIV or BOAT?

DRIV has higher volatility (10.11%) compared to BOAT (7.60%). In terms of maximum drawdown, DRIV dropped -41.93% vs BOAT's -33.94%.

Which ETF is better, DRIV or BOAT?

On 3-year performance, BOAT leads with 26.03% vs 8.29% for DRIV. On fees, DRIV is cheaper at 0.68% per year. On volatility, BOAT has been the lower-risk option at 7.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DRIV or BOAT?

Over the 3-year period, BOAT has performed better with a 26.03% return vs 8.29%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DRIV or BOAT?

DRIV is cheaper with a 0.68% expense ratio, compared with 0.69% for BOAT.

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

BOAT has the higher dividend yield at 6.53%, compared with 0.65% for DRIV.

What is the main difference between DRIV and BOAT?

DRIV is categorized as Global Equities, while BOAT is Industrials Equities. DRIV tracks Solactive Autonomous & Electric Vehicles Index, while BOAT tracks Solactive Global Shipping Index. They also come from different issuers: Global X and Tidal Investments. Their fees differ too: 0.68% for DRIV and 0.69% for BOAT.

Which has better risk-adjusted returns?

BOAT currently has the higher Sharpe Ratio (2.43 vs 1.18), 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.