BOAT vs VOO
SonicShares Global Shipping ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. BOAT delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | BOAT | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.69% | 0.03% | |
| AUM | $86M | $997.4B | |
| Dividend Yield | 6.35% | 1.08% | |
| Holdings | 57 | 509 | |
| YTD Return | +52.77% | +14.27% | |
| 1Y Return | +62.27% | +21.79% | |
| 3Y Return (annualized) | +29.25% | +22.19% | |
| 5Y Return (annualized) | +24.52% | +13.28% | |
| Volatility (annualized) | 27.1% | 14.2% | |
| Max Drawdown | -33.9% | -34.3% | |
| Fund Family | Lucania Investments LLC | Vanguard (US) | |
| Category | Equity | Equity | |
| Inception | Aug 3, 2021 | Sep 7, 2010 |
BOAT vs VOO Performance
SonicShares Global Shipping ETF (BOAT) is a ETF from Lucania Investments LLC and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year BOAT returned +62.27% while VOO returned +21.79%. Year to date, BOAT is up 52.77% versus a gain of 14.27% for VOO.
Over three years, BOAT compounded at +29.25% per year against +22.19% for VOO; over five years the annualized figures are +24.52% and +13.28% respectively. Across the full 5-year window we track, BOAT has the edge at +26.30% annualized vs +13.59%. 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 14.2% for VOO. 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 -34.3% for VOO. 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BOAT charges 0.69% per year while VOO charges 0.03%. On a $10,000 position that is $69 vs $3 annually, a gap of $66 per year that compounds over a long holding period. On income, BOAT currently yields 6.35% against 1.08% for VOO.
Holdings Overlap
BOAT and VOO share 0 holdings out of 557 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 VOO?
BOAT has an expense ratio of 0.69% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $66 per year of difference.
Which performed better, BOAT or VOO?
Over the past year BOAT returned +62.27% vs +21.79% for VOO, so BOAT leads on 1-year performance. Over the longest common window we track (5 years), BOAT annualized +26.30% vs +13.59% for VOO. Past performance does not guarantee future results.
Which is riskier, BOAT or VOO?
BOAT has been the more volatile fund at 27.1% annualized versus 14.2% for VOO. Worst drawdown: BOAT -33.9% vs VOO -34.3%.
Should I hold both BOAT and VOO?
BOAT and VOO have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BOAT and VOO?
BOAT and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 557 unique securities.
Which pays a higher dividend, BOAT or VOO?
BOAT yields 6.35% while VOO yields 1.08%, so BOAT currently pays the higher dividend yield.
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