IDME vs. BOAT

Last updated Aug 4, 2026

IDME (Aptus International Drawdown Managed Equity ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - IDME is a Global Equities fund actively managed by Aptus, while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. IDME is actively managed, while BOAT is passively managed. Over the past 5 years, IDME returned 6.08%/yr vs 25.20%/yr for BOAT. Their 0.49 correlation means their historical movements had little consistent relationship. IDME charges 0.65%/yr vs 0.69%/yr for BOAT.

Performance

IDME vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aptus International Drawdown Managed Equity ETF (IDME) 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, IDME achieves a 15.77% return, which is significantly lower than BOAT's 45.07% return.

IDME

• 1D: 0.49%
• 1M: 0.49%
• 6M: 8.88%
• YTD: 15.77%
• 1Y: 30.76%
• 3Y*: 16.93%
• 5Y*: 6.08%
• 10Y*: —
• ALL TIME*: 6.22%

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
IDME Aptus International Drawdown Managed Equity ETF	$938.24K	$1.05M	$895.28K

IDME vs. BOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IDME Aptus International Drawdown Managed Equity ETF	15.77%	27.53%	6.12%	9.07%	-19.79%	-1.97%
BOAT SonicShares Global Shipping ETF	45.07%	22.77%	5.97%	24.53%	6.26%	21.24%

Correlation

The correlation between IDME and BOAT is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (3Y) Balances recent behavior with more history.	0.43
Correlation (5Y) Shows whether the relationship held over a longer period.	0.49
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021	0.49

The correlation between IDME and BOAT shifts across timeframes, from 0.38 (1 year) to 0.49 (5 years), reflecting how their relationship changes across market environments.

IDME vs. BOAT - Sectors Allocation Comparison

Sectors	IDME	BOAT
Financial Services	19.2%	6.6%
Industrials	13.8%	29.2%
Consumer Cyclical	11.1%	-
Technology	9.9%	-
Healthcare	9.6%	-
Consumer Defensive	8.4%	-
Basic Materials	8.1%	-
Energy	5.6%	10.3%
Communication Services	5.4%	-
Real Estate	3.2%	-
Utilities	3.0%	-

Return for Risk

IDME vs. BOAT — Risk / Return Rank

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

IDME

IDME Risk / Return Rank: 75
IDME Sharpe Ratio Rank: 76
IDME Sortino Ratio Rank: 75
IDME Omega Ratio Rank: 77
IDME Calmar Ratio Rank: 72
IDME Martin Ratio Rank: 76

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.

IDME vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aptus International Drawdown Managed Equity ETF (IDME) 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.

	IDME	BOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.87	2.90	-1.03
Sortino ratio: Return per unit of downside risk	2.60	3.75	-1.15
Omega ratio: Gain probability vs. loss probability	1.34	1.46	-0.12
Calmar ratio: Return relative to maximum drawdown	2.70	5.17	-2.47
Martin ratio: Return relative to average drawdown	10.35	14.58	-4.23

IDME vs. BOAT - Sharpe Ratio Comparison

The current IDME Sharpe Ratio is 1.87, which is lower than the BOAT Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of IDME 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

IDME vs. BOAT - Drawdown Comparison

The maximum IDME drawdown since its inception was -29.20%, smaller than the maximum BOAT drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for IDME and BOAT.

Drawdown Indicators

	IDME	BOAT	Difference
Max Drawdown Largest peak-to-trough decline	-29.20%	-33.94%	+4.74%
Max Drawdown (1Y) Largest decline over 1 year	-11.46%	-11.60%	+0.14%
Max Drawdown (3Y) Largest decline over 3 years	-12.88%	-33.94%	+21.06%
Max Drawdown (5Y) Largest decline over 5 years	-29.20%	-33.94%	+4.74%
Current Drawdown Current decline from peak	-1.47%	-0.54%	-0.93%
Average Drawdown Average peak-to-trough decline	-10.87%	-9.51%	-1.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.98%	4.10%	-1.12%

Volatility

IDME vs. BOAT - Volatility Comparison

The current volatility for Aptus International Drawdown Managed Equity ETF (IDME) is 4.85%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 6.64%. This indicates that IDME 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

	IDME	BOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.85%	6.64%	-1.79%
Volatility (6M) Calculated over the trailing 6-month period	14.52%	16.86%	-2.34%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	20.72%	-4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.84%	25.06%	-10.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.81%	25.06%	-10.25%

IDME vs. BOAT - Expense Ratio Comparison

IDME has a 0.65% expense ratio, which is lower than BOAT's 0.69% expense ratio.

Dividends

IDME vs. BOAT - Dividend Comparison

IDME's dividend yield for the trailing twelve months is around 4.57%, 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%
IDME Aptus International Drawdown Managed Equity ETF	4.57%	4.90%	5.64%	3.71%	2.62%	1.38%

Frequently Asked Questions

Can I hold both IDME and BOAT in my portfolio?

IDME and BOAT have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IDME or BOAT?

BOAT has higher volatility (6.64%) compared to IDME (4.85%). In terms of maximum drawdown, IDME dropped -29.20% vs BOAT's -33.94%.

Which ETF is better, IDME or BOAT?

On 5-year performance, BOAT leads with 25.20% vs 6.08% for IDME. On fees, IDME is cheaper at 0.65% per year. On volatility, IDME has been the lower-risk option at 4.85%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IDME or BOAT?

Over the 5-year period, BOAT has performed better with a 25.20% return vs 6.08%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IDME or BOAT?

IDME is cheaper with a 0.65% expense ratio, compared with 0.69% for BOAT.

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

BOAT has the higher dividend yield at 6.34%, compared with 4.57% for IDME.

What is the main difference between IDME and BOAT?

IDME is categorized as Global Equities, while BOAT is Industrials Equities. They also come from different issuers: Aptus and Tidal. Their fees differ too: 0.65% for IDME and 0.69% for BOAT.

Which has better risk-adjusted returns?

BOAT currently has the higher Sharpe Ratio (2.90 vs 1.87), 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.