MRAM vs. BOAT
MRAM (Everspin Technologies, Inc.) is a stock, while BOAT (SonicShares Global Shipping ETF) is Industrials Equities fund tracking the Solactive Global Shipping Index. Over the past 5 years, MRAM returned 25.52%/yr vs 24.35%/yr for BOAT. Their 0.23 correlation means their historical movements had little consistent relationship.
Performance
MRAM vs. BOAT - Performance Comparison
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Returns By Period
In the year-to-date period, MRAM achieves a 87.72% return, which is significantly higher than BOAT's 44.44% return.
MRAM
- 1D
- 12.75%
- 1M
- -8.99%
- 6M
- 58.51%
- YTD
- 87.72%
- 1Y
- 183.71%
- 3Y*
- 19.96%
- 5Y*
- 25.52%
- 10Y*
- —
- ALL TIME*
- 6.83%
BOAT
- 1D
- -0.44%
- 1M
- 12.97%
- 6M
- 26.12%
- YTD
- 44.44%
- 1Y
- 56.33%
- 3Y*
- 26.76%
- 5Y*
- 24.35%
- 10Y*
- —
- ALL TIME*
- 24.70%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.71M | $1.08M | $1.05M | |
| $18.53M | $18.78M | $103.28M |
MRAM vs. BOAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
MRAM Everspin Technologies, Inc. | 87.72% | 45.23% | -29.31% | 62.59% | -50.80% | 100.35% |
BOAT SonicShares Global Shipping ETF | 44.44% | 22.77% | 5.97% | 24.53% | 6.26% | 21.24% |
Correlation
The correlation between MRAM and BOAT is 0.18, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.18 |
Correlation (3Y) Balances recent behavior with more history. | 0.13 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Aug 4, 2021 | 0.23 |
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Return for Risk
MRAM vs. BOAT — Risk / Return Rank
MRAM
BOAT
MRAM vs. BOAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Everspin Technologies, Inc. (MRAM) 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.
| MRAM | BOAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.44 | -0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.62 | 4.88 | -2.26 |
| Martin ratioReturn relative to average drawdown | 5.83 | 13.77 | -7.94 |
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Drawdowns
MRAM vs. BOAT - Drawdown Comparison
The maximum MRAM drawdown since its inception was -91.28%, which is greater than BOAT's maximum drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for MRAM and BOAT.
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Drawdown Indicators
| MRAM | BOAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -91.28% | -33.94% | -57.34% |
Max Drawdown (1Y)Largest decline over 1 year | -70.62% | -11.60% | -59.02% |
Max Drawdown (3Y)Largest decline over 3 years | -70.62% | -33.94% | -36.68% |
Max Drawdown (5Y)Largest decline over 5 years | -70.62% | -33.94% | -36.68% |
Current DrawdownCurrent decline from peak | -60.42% | -0.97% | -59.45% |
Average DrawdownAverage peak-to-trough decline | -64.84% | -9.50% | -55.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 31.64% | 4.10% | +27.54% |
Volatility
MRAM vs. BOAT - Volatility Comparison
Everspin Technologies, Inc. (MRAM) has a higher volatility of 32.39% compared to SonicShares Global Shipping ETF (BOAT) at 6.47%. This indicates that MRAM'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.
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Volatility by Period
| MRAM | BOAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 32.39% | 6.47% | +25.92% |
Volatility (6M)Calculated over the trailing 6-month period | 93.96% | 16.87% | +77.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 113.12% | 20.69% | +92.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 78.48% | 25.05% | +53.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 79.12% | 25.05% | +54.07% |
Dividends
MRAM vs. BOAT - Dividend Comparison
MRAM has not paid dividends to shareholders, while BOAT's dividend yield for the trailing twelve months is around 6.37%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
BOAT SonicShares Global Shipping ETF | 6.37% | 8.08% | 13.89% | 13.65% | 13.57% | 1.36% |
MRAM Everspin Technologies, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MRAM and BOAT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MRAM has higher volatility (32.39%) compared to BOAT (6.47%). In terms of maximum drawdown, MRAM dropped -91.28% vs BOAT's -33.94%.
BOAT currently has the higher Sharpe Ratio (2.74 vs 1.63), 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.
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