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URTH vs. BOAT
Performance
Return for Risk
Drawdowns
Volatility
Dividends

URTH vs. BOAT

Last updated Aug 4, 2026
Documentation

URTH (iShares MSCI World ETF) and BOAT (SonicShares Global Shipping ETF) are both exchange-traded funds - URTH is a Global Equities fund tracking the MSCI World Index (Net), while BOAT is a Industrials Equities fund tracking the Solactive Global Shipping Index. Both are passively managed. Over the past 5 years, URTH returned 11.46%/yr vs 25.20%/yr for BOAT. Their 0.46 correlation means their historical movements had little consistent relationship. URTH charges 0.24%/yr vs 0.69%/yr for BOAT.

Performance

URTH vs. BOAT - Performance Comparison

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

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Returns By Period

In the year-to-date period, URTH achieves a 11.55% return, which is significantly lower than BOAT's 45.07% return.

URTH

1D
1.22%
1M
1.58%
6M
8.69%
YTD
11.55%
1Y
23.64%
3Y*
19.83%
5Y*
11.46%
10Y*
13.05%
ALL TIME*
12.26%

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

PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)

BOAT

SonicShares Global Shipping ETF
$1.71M$1.08M$1.06M

URTH

iShares MSCI World ETF
$88.61M$87.13M$139.76M

URTH vs. BOAT - Yearly Performance Comparison

2026 (YTD)20252024202320222021
URTH
iShares MSCI World ETF		11.55%21.36%18.66%23.95%-17.97%4.99%
BOAT
SonicShares Global Shipping ETF		45.07%22.77%5.97%24.53%6.26%21.24%

Correlation

The correlation between URTH and BOAT is 0.36, which is low. Their historical price movements had little consistent relationship.

Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.36

Correlation (3Y)
Balances recent behavior with more history.

0.36

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

0.46

The correlation between URTH and BOAT shifts across timeframes, from 0.35 (3 years) to 0.46 (all time), reflecting how their relationship changes across market environments.

URTH vs. BOAT - Sectors Allocation Comparison

Sectors
URTH
BOAT

Technology

30.9%

-

Financial Services

15.7%
6.6%

Industrials

11.4%
29.2%

Healthcare

9.1%

-

Consumer Cyclical

8.9%

-

Communication Services

8.2%

-

Consumer Defensive

5.0%

-

Energy

3.6%
10.3%

Basic Materials

3.1%

-

Utilities

2.5%

-

Real Estate

1.7%

-

Technology

URTH
30.9%
BOAT

-

Financial Services

URTH
15.7%
BOAT
6.6%

Industrials

URTH
11.4%
BOAT
29.2%

Healthcare

URTH
9.1%
BOAT

-

Consumer Cyclical

URTH
8.9%
BOAT

-

Communication Services

URTH
8.2%
BOAT

-

Consumer Defensive

URTH
5.0%
BOAT

-

Energy

URTH
3.6%
BOAT
10.3%

Basic Materials

URTH
3.1%
BOAT

-

Utilities

URTH
2.5%
BOAT

-

Real Estate

URTH
1.7%
BOAT

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares MSCI World ETF

SonicShares Global Shipping ETF

Often compared with URTH:
URTH vs. VTURTH vs. IWDA.LURTH vs. SPYURTH vs. VOOURTH vs. XWD.TOURTH vs. BRK-BURTH vs. VXUS
Often compared with BOAT:
BOAT vs. SEABOAT vs. BDRYBOAT vs. MATXBOAT vs. BWETBOAT vs. PPABOAT vs. SPYBOAT vs. VOO

Return for Risk

URTH vs. BOAT — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.
URTH
URTH Risk / Return Rank: 7878
Overall Rank
URTH Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
URTH Sortino Ratio Rank: 7878
Sortino Ratio Rank
URTH Omega Ratio Rank: 7777
Omega Ratio Rank
URTH Calmar Ratio Rank: 7474
Calmar Ratio Rank
URTH Martin Ratio Rank: 8383
Martin Ratio Rank
BOAT
BOAT Risk / Return Rank: 9393
Overall Rank
BOAT Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
BOAT Sortino Ratio Rank: 9494
Sortino Ratio Rank
BOAT Omega Ratio Rank: 9292
Omega Ratio Rank
BOAT Calmar Ratio Rank: 9494
Calmar Ratio Rank
BOAT Martin Ratio Rank: 9090
Martin Ratio Rank
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.

URTH vs. BOAT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI World ETF (URTH) 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.

URTHBOATDifference
Sharpe ratioReturn per unit of total volatility
1.82
2.90

-1.08

Sortino ratioReturn per unit of downside risk
2.54
3.75

-1.21

Omega ratioGain probability vs. loss probability

1.32

1.46

-0.14

Calmar ratioReturn relative to maximum drawdown

2.62

5.17

-2.55

Martin ratioReturn relative to average drawdown

11.33

14.58

-3.26

URTH vs. BOAT - Sharpe Ratio Comparison

The current URTH Sharpe Ratio is 1.82, which is lower than the BOAT Sharpe Ratio of 2.90. The chart below compares the historical Sharpe Ratios of URTH 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.

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Drawdowns

URTH vs. BOAT - Drawdown Comparison

The maximum URTH drawdown since its inception was -34.01%, roughly equal to the maximum BOAT drawdown of -33.94%. Use the drawdown chart below to compare losses from any high point for URTH and BOAT.

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Drawdown Indicators

URTHBOATDifference

Max Drawdown

Largest peak-to-trough decline

-34.01%

-33.94%

-0.07%

Max Drawdown (1Y)

Largest decline over 1 year

-9.06%

-11.60%

+2.54%

Max Drawdown (3Y)

Largest decline over 3 years

-16.94%

-33.94%

+17.00%

Max Drawdown (5Y)

Largest decline over 5 years

-26.05%

-33.94%

+7.89%

Max Drawdown (10Y)

Largest decline over 10 years

-34.01%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.54%

+0.54%

Average Drawdown

Average peak-to-trough decline

-4.34%

-9.51%

+5.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.09%

4.10%

-2.01%

Volatility

URTH vs. BOAT - Volatility Comparison

The current volatility for iShares MSCI World ETF (URTH) is 3.77%, while SonicShares Global Shipping ETF (BOAT) has a volatility of 6.64%. This indicates that URTH 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.

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Volatility by Period

URTHBOATDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.77%

6.64%

-2.87%

Volatility (6M)

Calculated over the trailing 6-month period

10.68%

16.86%

-6.18%

Volatility (1Y)

Calculated over the trailing 1-year period

13.05%

20.72%

-7.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.31%

25.06%

-8.75%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.20%

25.06%

-7.86%

URTH vs. BOAT - Expense Ratio Comparison

URTH has a 0.24% expense ratio, which is lower than BOAT's 0.69% expense ratio.

Dividends

URTH vs. BOAT - Dividend Comparison

URTH's dividend yield for the trailing twelve months is around 1.38%, less than BOAT's 6.34% yield.

PositionTTM20252024202320222021202020192018201720162015
BOAT
SonicShares Global Shipping ETF		6.34%8.08%13.89%13.65%13.57%1.36%0.00%0.00%0.00%0.00%0.00%0.00%
URTH
iShares MSCI World ETF		1.38%1.48%1.47%1.70%1.68%1.50%1.52%2.16%2.30%1.88%2.15%2.35%

Frequently Asked Questions

URTH and BOAT have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

BOAT has higher volatility (6.64%) compared to URTH (3.77%). In terms of maximum drawdown, URTH dropped -34.01% vs BOAT's -33.94%.

On 5-year performance, BOAT leads with 25.20% vs 11.46% for URTH. On fees, URTH is cheaper at 0.24% per year. On volatility, URTH has been the lower-risk option at 3.77%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 5-year period, BOAT has performed better with a 25.20% return vs 11.46%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

URTH is cheaper with a 0.24% expense ratio, compared with 0.69% for BOAT.

BOAT has the higher dividend yield at 6.34%, compared with 1.38% for URTH.

URTH is categorized as Global Equities, while BOAT is Industrials Equities. URTH tracks MSCI World Index (Net), while BOAT tracks Solactive Global Shipping Index. They also come from different issuers: iShares and Tidal. Their fees differ too: 0.24% for URTH and 0.69% for BOAT.

BOAT currently has the higher Sharpe Ratio (2.90 vs 1.82), 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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