MATX vs. BOAT
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.
Performance
MATX vs. BOAT - Performance Comparison
Returns By Period
In the year-to-date period, MATX achieves a 45.64% return, which is significantly higher than BOAT's 12.84% return.
MATX
45.64%
16.18%
36.50%
67.85%
35.54%
19.01%
BOAT
12.84%
-3.47%
-9.06%
23.68%
N/A
N/A
Key characteristics
| MATX | BOAT | |
|---|---|---|
| Sharpe Ratio | 2.18 | 1.01 |
| Sortino Ratio | 3.18 | 1.45 |
| Omega Ratio | 1.37 | 1.18 |
| Calmar Ratio | 3.17 | 1.32 |
| Martin Ratio | 11.60 | 2.97 |
| Ulcer Index | 6.10% | 7.91% |
| Daily Std Dev | 32.53% | 23.34% |
| Max Drawdown | -70.57% | -31.09% |
| Current Drawdown | -5.60% | -13.71% |
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Correlation
The correlation between MATX and BOAT is 0.51, 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.
Risk-Adjusted Performance
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.
Dividends
MATX vs. BOAT - Dividend Comparison
MATX's dividend yield for the trailing twelve months is around 0.84%, less than BOAT's 6.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MATX Matson, Inc. | 0.84% | 1.15% | 1.95% | 1.18% | 1.58% | 2.11% | 2.56% | 2.61% | 2.09% | 1.64% | 1.91% | 2.37% |
BOAT SonicShares Global Shipping ETF | 6.83% | 13.65% | 13.57% | 1.36% | 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 -31.09%. Use the drawdown chart below to compare losses from any high point for MATX and BOAT. For additional features, visit the drawdowns tool.
Volatility
MATX vs. BOAT - Volatility Comparison
Matson, Inc. (MATX) has a higher volatility of 16.96% compared to SonicShares Global Shipping ETF (BOAT) at 6.97%. This indicates that MATX'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.