BOAT vs QQQ
SonicShares Global Shipping ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. BOAT delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | BOAT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.18% | |
| AUM | $86M | $496.3B | |
| Dividend Yield | 6.35% | 0.44% | |
| Holdings | 57 | 108 | |
| YTD Return | +52.77% | +19.52% | |
| 1Y Return | +62.27% | +26.68% | |
| 3Y Return (annualized) | +29.25% | +26.64% | |
| 5Y Return (annualized) | +24.52% | +15.36% | |
| Volatility (annualized) | 27.1% | 30.6% | |
| Max Drawdown | -33.9% | -83.0% | |
| Fund Family | Lucania Investments LLC | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 3, 2021 | Mar 10, 1999 |
BOAT vs QQQ Performance
SonicShares Global Shipping ETF (BOAT) is a ETF from Lucania Investments LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BOAT returned +62.27% while QQQ returned +26.68%. Year to date, BOAT is up 52.77% versus a gain of 19.52% for QQQ.
Over three years, BOAT compounded at +29.25% per year against +26.64% for QQQ; over five years the annualized figures are +24.52% and +15.36% respectively. Across the full 5-year window we track, BOAT has the edge at +26.30% annualized vs +13.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 27.1% for BOAT. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.9% for BOAT and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.25. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BOAT charges 0.69% per year while QQQ charges 0.18%. On a $10,000 position that is $69 vs $18 annually, a gap of $51 per year that compounds over a long holding period. On income, BOAT currently yields 6.35% against 0.44% for QQQ.
Holdings Overlap
BOAT and QQQ share 0 holdings out of 154 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BOAT or QQQ?
BOAT has an expense ratio of 0.69% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, BOAT or QQQ?
Over the past year BOAT returned +62.27% vs +26.68% for QQQ, so BOAT leads on 1-year performance. Over the longest common window we track (5 years), BOAT annualized +26.30% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, BOAT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 27.1% for BOAT. Worst drawdown: BOAT -33.9% vs QQQ -83.0%.
Should I hold both BOAT and QQQ?
BOAT and QQQ have a monthly-return correlation of 0.25, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BOAT and QQQ?
BOAT and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 154 unique securities.
Which pays a higher dividend, BOAT or QQQ?
BOAT yields 6.35% while QQQ yields 0.44%, so BOAT currently pays the higher dividend yield.
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