MOTO vs. BOAT

Last updated Aug 4, 2026

MOTO (SmartETFs Smart Transportation & Technology ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - MOTO is a Technology Equities fund actively managed by Guinness Atkinson, while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. MOTO is actively managed, while BOAT is passively managed. Over the past 5 years, MOTO returned 7.58%/yr vs 25.20%/yr for BOAT. Their 0.45 correlation means their historical movements had little consistent relationship. MOTO charges 0.68%/yr vs 0.69%/yr for BOAT.

Performance

MOTO vs. BOAT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SmartETFs Smart Transportation & Technology ETF (MOTO) 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, MOTO achieves a 17.24% return, which is significantly lower than BOAT's 45.07% return.

MOTO

• 1D: 1.41%
• 1M: -0.75%
• 6M: 9.06%
• YTD: 17.24%
• 1Y: 34.06%
• 3Y*: 14.56%
• 5Y*: 7.58%
• 10Y*: —
• ALL TIME*: 16.32%

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
MOTO SmartETFs Smart Transportation & Technology ETF	$14.22K	$15.41K	$15.45K

MOTO vs. BOAT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
MOTO SmartETFs Smart Transportation & Technology ETF	17.24%	27.38%	2.01%	27.10%	-27.20%	2.43%
BOAT SonicShares Global Shipping ETF	45.07%	22.77%	5.97%	24.53%	6.26%	21.24%

Correlation

The correlation between MOTO and BOAT is 0.33, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.33
Correlation (3Y) Balances recent behavior with more history.	0.34
Correlation (5Y) Shows whether the relationship held over a longer period.	0.46
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021	0.45

The correlation between MOTO and BOAT shifts across timeframes, from 0.33 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

MOTO vs. BOAT - Sectors Allocation Comparison

Sectors	MOTO	BOAT
Technology	43.0%	-
Consumer Cyclical	23.7%	-
Industrials	15.3%	29.2%
Communication Services	4.4%	-
Basic Materials	3.8%	-
Consumer Defensive	2.3%	-
Financial Services	1.0%	6.6%
Utilities	0.7%	-
Energy	-	10.3%
Healthcare	-	-
Real Estate	-	-

Return for Risk

MOTO vs. BOAT — Risk / Return Rank

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

MOTO

MOTO Risk / Return Rank: 54
MOTO Sharpe Ratio Rank: 55
MOTO Sortino Ratio Rank: 52
MOTO Omega Ratio Rank: 53
MOTO Calmar Ratio Rank: 57
MOTO Martin Ratio Rank: 52

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.

MOTO vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SmartETFs Smart Transportation & Technology ETF (MOTO) 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.

	MOTO	BOAT	Difference
Sharpe ratio: Return per unit of total volatility	1.40	2.90	-1.50
Sortino ratio: Return per unit of downside risk	1.93	3.75	-1.82
Omega ratio: Gain probability vs. loss probability	1.25	1.46	-0.22
Calmar ratio: Return relative to maximum drawdown	2.13	5.17	-3.04
Martin ratio: Return relative to average drawdown	6.46	14.58	-8.13

MOTO vs. BOAT - Sharpe Ratio Comparison

The current MOTO Sharpe Ratio is 1.40, which is lower than the BOAT Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of MOTO 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

MOTO vs. BOAT - Drawdown Comparison

The maximum MOTO drawdown since its inception was -38.24%, which is greater than BOAT's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for MOTO and BOAT.

Drawdown Indicators

	MOTO	BOAT	Difference
Max Drawdown Largest peak-to-trough decline	-38.24%	-33.94%	-4.30%
Max Drawdown (1Y) Largest decline over 1 year	-16.07%	-11.60%	-4.47%
Max Drawdown (3Y) Largest decline over 3 years	-26.43%	-33.94%	+7.51%
Max Drawdown (5Y) Largest decline over 5 years	-37.34%	-33.94%	-3.40%
Current Drawdown Current decline from peak	-10.85%	-0.54%	-10.31%
Average Drawdown Average peak-to-trough decline	-9.94%	-9.51%	-0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.29%	4.10%	+1.19%

Volatility

MOTO vs. BOAT - Volatility Comparison

SmartETFs Smart Transportation & Technology ETF (MOTO) has a higher volatility of 8.50% compared to SonicShares Global Shipping ETF (BOAT) at 6.64%. This indicates that MOTO'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

	MOTO	BOAT	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	6.64%	+1.86%
Volatility (6M) Calculated over the trailing 6-month period	20.79%	16.86%	+3.93%
Volatility (1Y) Calculated over the trailing 1-year period	24.52%	20.72%	+3.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.25%	25.06%	-0.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.51%	25.06%	+1.45%

MOTO vs. BOAT - Expense Ratio Comparison

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

Dividends

MOTO vs. BOAT - Dividend Comparison

MOTO's dividend yield for the trailing twelve months is around 0.90%, less than BOAT's 6.34% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
BOAT SonicShares Global Shipping ETF	6.34%	8.08%	13.89%	13.65%	13.57%	1.36%	0.00%
MOTO SmartETFs Smart Transportation & Technology ETF	0.90%	1.06%	1.07%	2.73%	2.33%	0.55%	2.71%

Frequently Asked Questions

Can I hold both MOTO and BOAT in my portfolio?

MOTO and BOAT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MOTO or BOAT?

MOTO has higher volatility (8.50%) compared to BOAT (6.64%). In terms of maximum drawdown, MOTO dropped -38.24% vs BOAT's -33.94%.

Which ETF is better, MOTO or BOAT?

On 5-year performance, BOAT leads with 25.20% vs 7.58% for MOTO. On fees, MOTO is cheaper at 0.68% per year. On volatility, BOAT has been the lower-risk option at 6.64%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MOTO or BOAT?

Over the 5-year period, BOAT has performed better with a 25.20% return vs 7.58%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MOTO or BOAT?

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

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

BOAT has the higher dividend yield at 6.34%, compared with 0.90% for MOTO.

What is the main difference between MOTO and BOAT?

MOTO is categorized as Technology Equities, while BOAT is Industrials Equities. They also come from different issuers: Guinness Atkinson and Tidal. Their fees differ too: 0.68% for MOTO and 0.69% for BOAT.

Which has better risk-adjusted returns?

BOAT currently has the higher Sharpe Ratio (2.90 vs 1.40), 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.