FIXT vs. BOAT

Last updated Aug 4, 2026

FIXT (Procure Disaster Recovery Strategy ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - FIXT is a Global Equities fund tracking the VettaFi Natural Disaster Response and Mitigation Index, while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. Both are passively managed. Over the past year, FIXT returned 2.57% vs 59.66% for BOAT. Their 0.13 correlation means their historical movements had little consistent relationship. FIXT charges 0.75%/yr vs 0.69%/yr for BOAT.

Performance

FIXT vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Procure Disaster Recovery Strategy ETF (FIXT) 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, FIXT achieves a -0.02% return, which is significantly lower than BOAT's 45.07% return.

FIXT

• 1D: 0.16%
• 1M: -0.88%
• 6M: -0.36%
• YTD: -0.02%
• 1Y: 2.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 4.01%

BOAT

• 1D: 0.20%
• 1M: 13.47%
• 6M: 27.28%
• YTD: 45.07%
• 1Y: 59.66%
• 3Y*: 26.95%
• 5Y*: 25.20%
• 10Y*: —
• ALL TIME*: 24.82%

*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	$1.71M	$1.08M	$1.06M
FIXT Procure Disaster Recovery Strategy ETF	$753.53K	$1.08M	$852.15K

FIXT vs. BOAT - Yearly Performance Comparison

	2026 (YTD)	2025
FIXT Procure Disaster Recovery Strategy ETF	-0.02%	4.57%
BOAT SonicShares Global Shipping ETF	45.07%	9.11%

Correlation

The correlation between FIXT and BOAT is 0.16, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.16
Correlation (All Time) Calculated using the full available price history since Jun 16, 2025	0.13

Return for Risk

FIXT vs. BOAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FIXT

FIXT Risk / Return Rank: 27
FIXT Sharpe Ratio Rank: 29
FIXT Sortino Ratio Rank: 27
FIXT Omega Ratio Rank: 26
FIXT Calmar Ratio Rank: 26
FIXT Martin Ratio Rank: 26

BOAT

BOAT Risk / Return Rank: 93
BOAT Sharpe Ratio Rank: 95
BOAT Sortino Ratio Rank: 94
BOAT Omega Ratio Rank: 92
BOAT Calmar Ratio Rank: 94
BOAT Martin Ratio Rank: 90

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FIXT vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Disaster Recovery Strategy ETF (FIXT) 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.

	FIXT	BOAT	Difference
Sharpe ratio: Return per unit of total volatility	0.72	2.90	-2.18
Sortino ratio: Return per unit of downside risk	1.05	3.75	-2.70
Omega ratio: Gain probability vs. loss probability	1.12	1.46	-0.34
Calmar ratio: Return relative to maximum drawdown	0.85	5.17	-4.32
Martin ratio: Return relative to average drawdown	2.12	14.58	-12.47

FIXT vs. BOAT - Sharpe Ratio Comparison

The current FIXT Sharpe Ratio is 0.72, which is lower than the BOAT Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of FIXT 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

FIXT vs. BOAT - Drawdown Comparison

The maximum FIXT drawdown since its inception was -3.02%, smaller than the maximum BOAT drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for FIXT and BOAT.

Drawdown Indicators

	FIXT	BOAT	Difference
Max Drawdown Largest peak-to-trough decline	-3.02%	-33.94%	+30.92%
Max Drawdown (1Y) Largest decline over 1 year	-3.02%	-11.60%	+8.58%
Max Drawdown (3Y) Largest decline over 3 years	—	-33.94%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-33.94%	—
Current Drawdown Current decline from peak	-2.13%	-0.54%	-1.59%
Average Drawdown Average peak-to-trough decline	-0.84%	-9.51%	+8.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.21%	4.10%	-2.89%

Volatility

FIXT vs. BOAT - Volatility Comparison

The current volatility for Procure Disaster Recovery Strategy ETF (FIXT) is 1.12%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 6.64%. This indicates that FIXT experiences smaller price fluctuations and is considered to be less risky than BOAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIXT	BOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.12%	6.64%	-5.52%
Volatility (6M) Calculated over the trailing 6-month period	2.69%	16.86%	-14.17%
Volatility (1Y) Calculated over the trailing 1-year period	3.58%	20.72%	-17.14%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.76%	25.06%	-21.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.76%	25.06%	-21.30%

FIXT vs. BOAT - Expense Ratio Comparison

FIXT has a 0.75% expense ratio, which is higher than BOAT's 0.69% expense ratio.

Dividends

FIXT vs. BOAT - Dividend Comparison

FIXT's dividend yield for the trailing twelve months is around 5.66%, less than BOAT's 6.34% yield.

Position	TTM	2025	2024	2023	2022	2021
BOAT SonicShares Global Shipping ETF	6.34%	8.08%	13.89%	13.65%	13.57%	1.36%
FIXT Procure Disaster Recovery Strategy ETF	5.66%	3.24%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FIXT and BOAT in my portfolio?

FIXT and BOAT have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIXT or BOAT?

BOAT has higher volatility (6.64%) compared to FIXT (1.12%). In terms of maximum drawdown, FIXT dropped -3.02% vs BOAT's -33.94%.

Which ETF is better, FIXT or BOAT?

On 1-year performance, BOAT leads with 59.66% vs 2.57% for FIXT. On fees, BOAT is cheaper at 0.69% per year. On volatility, FIXT has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, FIXT or BOAT?

Over the 1-year period, BOAT has performed better with a 59.66% return vs 2.57%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, FIXT or BOAT?

BOAT is cheaper with a 0.69% expense ratio, compared with 0.75% for FIXT.

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

BOAT has the higher dividend yield at 6.34%, compared with 5.66% for FIXT.

What is the main difference between FIXT and BOAT?

FIXT is categorized as Global Equities, while BOAT is Industrials Equities. FIXT tracks VettaFi Natural Disaster Response and Mitigation Index, while BOAT tracks Solactive Global Shipping Index. They also come from different issuers: Procure and Tidal. Their fees differ too: 0.75% for FIXT and 0.69% for BOAT.

Which has better risk-adjusted returns?

BOAT currently has the higher Sharpe Ratio (2.90 vs 0.72), 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.