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MATX vs. BOAT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

MATX vs. BOAT

Last updated May 12, 2025

Compare and contrast key facts about Matson, Inc. (MATX) and SonicShares Global Shipping ETF (BOAT).

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.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MATX or BOAT.

Correlation

The correlation between MATX and BOAT is -0.80. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

MATX vs. BOAT - Performance Comparison

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

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Key characteristics

Daily Std Dev

MATX:

39.99%

BOAT:

12.57%

Max Drawdown

MATX:

-70.57%

BOAT:

-1.90%

Current Drawdown

MATX:

-42.16%

BOAT:

-0.97%

Returns By Period

MATX

YTD

-28.21%

1M

-5.71%

6M

-41.56%

1Y

-16.27%

5Y*

31.65%

10Y*

10.42%

BOAT

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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Risk-Adjusted Performance

MATX vs. BOAT — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
MATX
The Risk-Adjusted Performance Rank of MATX is 3030
Overall Rank
The Sharpe Ratio Rank of MATX is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of MATX is 3131
Sortino Ratio Rank
The Omega Ratio Rank of MATX is 3131
Omega Ratio Rank
The Calmar Ratio Rank of MATX is 2828
Calmar Ratio Rank
The Martin Ratio Rank of MATX is 2929
Martin Ratio Rank
BOAT
The Risk-Adjusted Performance Rank of BOAT is 77
Overall Rank
The Sharpe Ratio Rank of BOAT is 44
Sharpe Ratio Rank
The Sortino Ratio Rank of BOAT is 88
Sortino Ratio Rank
The Omega Ratio Rank of BOAT is 88
Omega Ratio Rank
The Calmar Ratio Rank of BOAT is 66
Calmar Ratio Rank
The Martin Ratio Rank of BOAT is 1010
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

MATX vs. BOAT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Matson, Inc. (MATX) 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.

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Dividends

MATX vs. BOAT - Dividend Comparison

MATX's dividend yield for the trailing twelve months is around 1.41%, while BOAT has not paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
MATX
Matson, Inc.		1.41%0.98%1.15%1.95%1.18%1.58%2.11%2.56%2.61%2.09%1.64%1.91%
BOAT
SonicShares Global Shipping ETF		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

MATX vs. BOAT - Drawdown Comparison

The maximum MATX drawdown since its inception was -70.57%, which is greater than BOAT's maximum drawdown of -1.90%. Use the drawdown chart below to compare losses from any high point for MATX and BOAT. For additional features, visit the drawdowns tool.

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Volatility

MATX vs. BOAT - Volatility Comparison

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