SonicShares Global Shipping ETF (BOAT) Performance
BOAT total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +71.8% since Dec 31, 2025
- 1 year
- +79.0% total return
- 5 years
- +26.7% a year
- Since first price
- +28.1% a year since 2021
BOAT trailing returns vs SPY, QQQ, AGG
| Period | BOAT total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +2.5% | +1.0% | −1.0% | −5.0% | +0.9% |
| 3 months | +21.4% | +19.6% | +3.2% | +1.9% | −0.4% |
| 6 months | +34.2% | +28.9% | +7.8% | +8.4% | −1.5% |
| YTD | +71.8% | +63.2% | +12.3% | +15.1% | −1.0% |
| 1 year | +79.0% | +65.6% | +14.4% | +15.9% | −1.1% |
| 3 years | +150.7%+35.9%/yr | +88.6% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +226.1%+26.7%/yr | +88.6% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionAug 4, 2021 | +264.3%+28.1%/yr | +110.3% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: BOAT vs SPY
From Aug 4, 2021: BOAT grew to $36,433, SPY to $18,569.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
BOAT returns by calendar year
4 of 4 full years positive. Best 2023 (+24.5%), worst 2024 (+6.0%). 2026 is year to date.
BOAT annual returns table
| Year | BOAT | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +71.8% | −10.9% | +12.3% | +15.1% | −1.0% |
| 2025 | +22.8% | −20.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +6.0% | −23.0% | +24.9% | +25.6% | +1.3% |
| 2023 | +24.5% | −18.6% | +26.2% | +54.9% | +5.7% |
| 2022 | +6.3% | −31.1% | −18.2% | −32.6% | −13.0% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
BOAT largest drawdowns
Now 6.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Jun 3, 2024 | −33.9% | Apr 8, 2025 | Sep 12, 2025 | 10 months | 1.3 years |
| May 27, 2022 | −31.1% | Sep 29, 2022 | Dec 18, 2023 | 4 months | 1.6 years |
| Sep 16, 2021 | −16.7% | Oct 14, 2021 | Jan 4, 2022 | 28 days | 4 months |
| Mar 18, 2022 | −15.3% | Apr 26, 2022 | May 23, 2022 | 39 days | 2 months |
| Sep 17, 2025 | −11.6% | Oct 10, 2025 | Jan 7, 2026 | 23 days | 4 months |
| May 20, 2026 | −10.9% | Jul 1, 2026 | Jul 21, 2026 | 42 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
BOAT risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +34.4% | +25.7% | +25.3% |
| Volatility (annualized) | 23.3% | 27.4% | 27.2% |
| Sharpe ratio | 1.20 | 0.85 | 0.84 |
| Sortino ratio | 3.15 | 1.53 | 1.52 |
| Best month | +17.6% | +17.6% | +17.6% |
| Worst month | −9.2% | −18.3% | −18.3% |
| Best 12 months | +77.9% | +77.9% | +77.9% |
| Worst 12 months | −12.6% | −16.9% | −16.9% |
| Positive months | 50% | 52% | 52% |
| Beta vs S&P 500 | 0.13 | 0.67 | — |
| Correlation with S&P 500 | 0.07 | 0.38 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
BOAT rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 51 | −16.9% | +15.1% | +77.9% | 82% |
| 3-year (a year) | 27 | +4.1% | +18.0% | +34.9% | 100% |
| 5-year (a year) | 3 | +24.2% | +25.7% | +26.5% | 100% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
BOAT performance overview
SonicShares Global Shipping ETF (BOAT) returned +79.0% over the past year and +26.7% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +28.1% a year, turning $10,000 into about $36,433. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −33.9%, from Jun 3, 2024 to Apr 8, 2025, and it took 5 months to get back to the old high. BOAT finished 4 of its 4 full calendar years with a gain; the best year was 2023 (+24.5%) and the worst 2024 (+6.0%). Volatility has been 27.2% a year.
Related: BOAT chart, BOAT holdings, BOAT dividends. See the BOAT overview for the latest quote and fund facts.
BOAT performance FAQ
What is the BOAT return over the past year?
BOAT returned +79.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 65.6%.
What is the average annual return of BOAT?
BOAT has returned +26.7% a year over 5 years, +28.1% a year since August 4, 2021 (total return, distributions reinvested).
How much would $10,000 invested in BOAT be worth?
$10,000 invested in BOAT at its first recorded close on August 4, 2021 would be worth about $36,433 on October 23, 2026 with distributions reinvested.
What was the worst year for BOAT?
The worst calendar year was 2024, with a total return of +6.0%. The best was 2023 at +24.5%.
What is the biggest drawdown of BOAT?
The largest peak-to-trough decline was −33.9% between June 3, 2024 and April 8, 2025. It recovered to the old high on September 12, 2025, 5 months after the bottom.
How volatile is BOAT?
Over the past 3 years BOAT had an annualized volatility of 23.3% and a Sharpe ratio of 1.20 (excess return over 1–3 month T-bills per unit of risk).