BOAT vs MMCA
Comparison between SONICSHARES GLOBAL SHIPPING ETF (BOAT, ETF) and NYLI MACKAY CALIFORNIA MUNI INTERMEDIATE ETF (MMCA, ETF).
BOAT vs MMCA - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
BOAT
$83M
MMCA
$82M
Expense Ratio
BOAT
0.69%
Winner
MMCA
0.36%
Max Drawdown
BOAT
42.01%
Winner
MMCA
17.98%
Sharpe Ratio
Winner
BOAT
1.99
MMCA
0.98
5Y Beta
BOAT
0.68
Winner
MMCA
0.03
BOAT vs MMCA - Historical Returns
Returns include dividend reinvestment.
1M
BOAT
-4.56%
Winner
MMCA
+0.49%
3M
Winner
BOAT
+1.33%
MMCA
-0.52%
6M
Winner
BOAT
+30.10%
MMCA
+1.19%
1Y
Winner
BOAT
+52.23%
MMCA
+6.34%
5Y(CAGR)
Winner
BOAT
+23.60%
MMCA
+0.17%
Max(CAGR)
Winner
BOAT
+23.60%
MMCA
+0.17%
BOAT vs MMCA - Annual Returns (2021 - 2026)
Returns include dividend reinvestment.
| Year | BOAT | MMCA |
|---|---|---|
| 2026 | +31.61% | +0.76% |
| 2025 | +20.36% | +5.53% |
| 2024 | +4.07% | +1.70% |
| 2023 | +26.90% | +5.62% |
| 2022 | +3.59% | -12.10% |
| 2021 | +23.18% | +0.01% |
BOAT vs MMCA Drawdown Comparison
The maximum drawdown for BOAT was -33.94%, occurring on Apr 8, 2025. Recovery took 320 trading sessions.
The maximum drawdown for MMCA was -15.97%, occurring on Oct 27, 2022. Recovery took 1011 trading sessions.
The current BOAT drawdown is -5.55%. The current MMCA drawdown is -1.36%.
| Rank | BOAT | MMCA |
|---|---|---|
| #1 | -33.94% Jun 3, 2024 - Sep 12, 2025 | -15.97% Dec 22, 2021 - Jan 5, 2026 |
| #2 | -31.05% May 27, 2022 - Dec 18, 2023 | -3.01% Feb 27, 2026 - Mar 26, 2026 |
| #3 | -16.68% Sep 16, 2021 - Jan 4, 2022 | -0.32% Jan 16, 2026 - Jan 30, 2026 |
| #4 | -15.28% Mar 18, 2022 - May 23, 2022 | -0.06% Feb 2, 2026 - Feb 4, 2026 |
| #5 | -11.59% Sep 17, 2025 - Jan 7, 2026 | -0.05% Feb 10, 2026 - Feb 12, 2026 |
| #6 | -10.78% Mar 2, 2026 - May 5, 2026 | -0.04% Jan 9, 2026 - Jan 13, 2026 |
| #7 | -10.19% Jan 14, 2022 - Feb 9, 2022 | -0.04% Jan 14, 2026 - Jan 16, 2026 |
| #8 | -7.60% May 20, 2026 - May 29, 2026 | -0.00% Jan 7, 2026 - Jan 9, 2026 |
| #9 | -7.47% Jan 5, 2024 - Apr 26, 2024 | N/A |
| #10 | -5.46% Aug 17, 2021 - Aug 25, 2021 | N/A |
| #11 | -4.31% Dec 22, 2023 - Jan 4, 2024 | N/A |
| #12 | -3.75% May 5, 2026 - May 20, 2026 | N/A |
| #13 | -2.84% Jan 4, 2022 - Jan 12, 2022 | N/A |
| #14 | -2.68% Mar 4, 2022 - Mar 11, 2022 | N/A |
| #15 | -2.44% Sep 7, 2021 - Sep 10, 2021 | N/A |
Correlation
Correlation between BOAT and MMCA is 0.79 which considered as a strong positive correlation - the stocks tend to move together.
0.79
-101
Dividend Comparison (2021 - 2026)
BOAT vs MMCA dividend yield comparison.
| Year | BOAT | MMCA |
|---|---|---|
| 2026 | 1.04% | 1.34% |
| 2025 | 8.08% | 3.39% |
| 2024 | 13.89% | 3.66% |
| 2023 | 13.65% | 3.57% |
| 2022 | 13.57% | 2.90% |
| 2021 | 1.36% | 0.05% |
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