BOAT vs QQQ
SonicShares Global Shipping ETF vs Invesco QQQ Trust, Series 1
Which is better, BOAT or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. BOAT led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BOAT | QQQ |
|---|---|---|
| Expense Ratio | 0.69% | 0.18%Best |
| AUM | $98M | $483.5B |
| Dividend Yield | 6.35% | 0.44% |
| Holdings | 57 | 107 |
| YTD Return | +67.29%Best | +17.11% |
| 1Y Return | +67.02%Best | +23.99% |
| 3Y Return (annualized) | +34.37%Best | +24.62% |
| 5Y Return (annualized) | +23.77%Best | +14.23% |
| Volatility (annualized) | 27.1% | 20.9%Best |
| Max Drawdown | -33.9%Best | -35.1% |
| $10,000 over 5 years | $29,045Best | $19,449 |
| Top 10 Weight | 48.1% | 46.5%Best |
| Fund Family | Lucania Investments LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Aug 3, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Aug 4, 2021 to Sep 9, 2026 (5.1 years).
BOAT vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 5.1 years both funds cover.
BOAT vs QQQ Performance
SonicShares Global Shipping ETF (BOAT) is an ETF from Lucania Investments LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BOAT returned +67.02% while QQQ returned +23.99%. Year to date, BOAT is up 67.29% versus a gain of 17.11% for QQQ.
Over three years, BOAT compounded at +34.37% per year against +24.62% for QQQ; over five years the annualized figures are +23.77% and +14.23% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOAT has been the more volatile fund, with annualized monthly volatility of 27.1% compared with 20.9% for QQQ. 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 -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
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
We hold position weights for 52 holdings in BOAT and 102 in QQQ, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 52 positions we hold weights for in BOAT and 102 in QQQ, against full books of 57 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for BOAT (97.0% of the fund), and 14 for BOAT that do not appear in QQQ (17.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BOAT and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $51 a year on a $10,000 investment.
Which performed better, BOAT or QQQ?
Over the past year BOAT returned +67.02% vs +23.99% for QQQ, so BOAT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BOAT or QQQ?
BOAT has been the more volatile fund at 27.1% annualized versus 20.9% for QQQ. Worst drawdown: BOAT -33.9% vs QQQ -35.1%.
Should I hold both BOAT and QQQ?
BOAT and QQQ have a monthly-return correlation of 0.25, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
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.
Is QQQ better than BOAT?
QQQ has a lower expense ratio. BOAT led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.