SEA vs. BOAT
Compare and contrast key facts about U.S. Global Sea to Sky Cargo ETF (SEA) and SonicShares Global Shipping ETF (BOAT).
SEA and BOAT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SEA is a passively managed fund by US Global that tracks the performance of the U.S. Global Sea to Sky Cargo Index - Benchmark TR Gross. It was launched on Jan 19, 2022. 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. Both SEA and BOAT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SEA or BOAT.
Correlation
The correlation between SEA and BOAT is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
SEA vs. BOAT - Performance Comparison
Key characteristics
SEA:
0.00
BOAT:
0.07
SEA:
0.13
BOAT:
0.24
SEA:
1.02
BOAT:
1.03
SEA:
0.00
BOAT:
0.06
SEA:
0.00
BOAT:
0.12
SEA:
10.72%
BOAT:
12.14%
SEA:
18.24%
BOAT:
22.33%
SEA:
-39.52%
BOAT:
-31.09%
SEA:
-18.00%
BOAT:
-19.04%
Returns By Period
In the year-to-date period, SEA achieves a -1.04% return, which is significantly lower than BOAT's -0.09% return.
SEA
-1.04%
3.67%
-10.33%
-0.22%
N/A
N/A
BOAT
-0.09%
3.29%
-7.91%
0.88%
N/A
N/A
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SEA vs. BOAT - Expense Ratio Comparison
SEA has a 0.60% expense ratio, which is lower than BOAT's 0.69% expense ratio.
Risk-Adjusted Performance
SEA vs. BOAT — Risk-Adjusted Performance Rank
SEA
BOAT
SEA vs. BOAT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for U.S. Global Sea to Sky Cargo ETF (SEA) 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
SEA vs. BOAT - Dividend Comparison
SEA's dividend yield for the trailing twelve months is around 18.66%, more than BOAT's 13.90% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
SEA U.S. Global Sea to Sky Cargo ETF | 18.66% | 18.47% | 9.85% | 18.72% | 0.00% |
BOAT SonicShares Global Shipping ETF | 13.90% | 13.89% | 13.65% | 13.57% | 1.36% |
Drawdowns
SEA vs. BOAT - Drawdown Comparison
The maximum SEA drawdown since its inception was -39.52%, which is greater than BOAT's maximum drawdown of -31.09%. Use the drawdown chart below to compare losses from any high point for SEA and BOAT. For additional features, visit the drawdowns tool.
Volatility
SEA vs. BOAT - Volatility Comparison
The current volatility for U.S. Global Sea to Sky Cargo ETF (SEA) is 3.95%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 5.06%. This indicates that SEA 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.