SSK vs BOAT

Comparison between REX-OSPREY(TM) SOL + STAKING ETF (SSK, ETF) and SONICSHARES GLOBAL SHIPPING ETF (BOAT, ETF).

SSK vs BOAT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	SSK(ETF)	BOAT(ETF)
Net Assets	$79M	$79M
Expense Ratio	0.75%	0.69%
Max Drawdown	77.63%	42.01%
Sharpe Ratio	-1.00	2.05
5Y Beta	2.62	0.68

Net Assets

SSK

$79M

BOAT

$79M

Expense Ratio

SSK

0.75%

Winner

BOAT

0.69%

Max Drawdown

SSK

77.63%

Winner

BOAT

42.01%

Sharpe Ratio

SSK

-1.00

Winner

BOAT

2.05

5Y Beta

SSK

2.62

Winner

BOAT

0.68

SSK vs BOAT - Holdings Comparison

SSK and BOAT have 1 common holdings. Overlap is 0.13%

SSK's top 25 holdings weight is 0.13%. BOAT's top 25 holdings weight is 85.20%.

Rank	SSK	BOAT
#1	FIRST AMERICAN GOVERNMENT OBLIGS X (FGXXX) - 0.13%	US DOLLARS (n/a) - 6.48%
#2	N/A	FRONTLINE PLC (FRO) - 5.85%
#3	N/A	MATSON INC (MATX) - 5.14%
#4	N/A	SITC INTERNATIONAL HOLDINGS CO LTD (n/a) - 5.06%
#5	N/A	A P MOLLER MAERSK AS CLASS B (n/a) - 4.82%
#6	N/A	MITSUI O.S.K. LINES LTD (n/a) - 4.69%
#7	N/A	KAWASAKI KISEN KAISHA LTD (n/a) - 4.65%
#8	N/A	SCORPIO TANKERS INC (STNG) - 4.21%
#9	N/A	ORIENT OVERSEAS (INTERNATIONAL) LTD (n/a) - 4.11%
#10	N/A	HAFNIA LTD ORDINARY SHARES (n/a) - 4.08%
#11	N/A	WALLENIUS WILHELMSEN ASA SHS OPPSTARTSFASE 1 (n/a) - 3.95%
#12	N/A	HMM (n/a) - 3.76%
#13	N/A	COSCO SHIPPING HOLDINGS CO LTD CLASS H (n/a) - 3.31%
#14	N/A	CMB.TECH NV (n/a) - 3.28%
#15	N/A	INTERNATIONAL SEAWAYS INC (INSW) - 2.89%
#16	N/A	STAR BULK CARRIERS CORP (SBLK) - 2.32%
#17	N/A	ZIM INTEGRATED SHIPPING SERVICES LTD ORDINARY SHARES (ZIM) - 2.25%
#18	N/A	TORM PLC CLASS A (n/a) - 2.13%
#19	N/A	HOEGH AUTOLINERS ASA (n/a) - 2.10%
#20	N/A	DHT HOLDINGS INC (DHT) - 1.95%
#21	N/A	COSCO SHIPPING ENERGY TRANSPORTATION CO LTD CLASS H (n/a) - 1.85%
#22	N/A	DANAOS CORP (DAC) - 1.74%
#23	N/A	PACIFIC BASIN SHIPPING LTD (n/a) - 1.60%
#24	N/A	TEEKAY TANKERS LTD CLASS A (TNK) - 1.56%
#25	N/A	HAPAG-LLOYD AG (n/a) - 1.42%
Total Holdings	1	54

SSK vs BOAT - Historical Returns

Returns include dividend reinvestment.

Period	SSK	BOAT
1 month	-29.44%	-4.24%
3 months	-23.53%	+0.44%
6 months	-51.73%	+30.04%
1 year	-58.98%	+49.62%
5 years(CAGR)	N/A	+23.51%
Max(CAGR)	-61.40%	+23.51%

SSK

-29.44%

Winner

BOAT

-4.24%

SSK

-23.53%

Winner

BOAT

+0.44%

SSK

-51.73%

Winner

BOAT

+30.04%

SSK

-58.98%

Winner

BOAT

+49.62%

5Y(CAGR)

SSK

N/A

BOAT

+23.51%

Max(CAGR)

SSK

-61.40%

Winner

BOAT

+23.51%

SSK vs BOAT - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	SSK	BOAT
2026	-48.62%	+31.43%
2025	-24.49%	+20.36%
2024	N/A	+4.07%
2023	N/A	+26.90%
2022	N/A	+3.59%
2021	N/A	+23.18%

SSK vs BOAT Drawdown Comparison

The maximum drawdown for SSK was -73.31%, occurring on Jun 5, 2026. This drawdown has not yet recovered.

The maximum drawdown for BOAT was -33.94%, occurring on Apr 8, 2025. Recovery took 320 trading sessions.

The current SSK drawdown is -72.47%. The current BOAT drawdown is -5.68%.

Rank	SSK	BOAT
#1	-73.31% Sep 18, 2025 - Jun 5, 2026	-33.94% Jun 3, 2024 - Sep 12, 2025
#2	-14.64% Jul 22, 2025 - Aug 13, 2025	-31.05% May 27, 2022 - Dec 18, 2023
#3	-9.88% Aug 13, 2025 - Aug 27, 2025	-16.68% Sep 16, 2021 - Jan 4, 2022
#4	-4.19% Sep 3, 2025 - Sep 8, 2025	-15.28% Mar 18, 2022 - May 23, 2022
#5	-3.74% Sep 12, 2025 - Sep 18, 2025	-11.59% Sep 17, 2025 - Jan 7, 2026
#6	-2.86% Jul 2, 2025 - Jul 9, 2025	-10.78% Mar 2, 2026 - May 5, 2026
#7	-2.85% Aug 28, 2025 - Sep 3, 2025	-10.19% Jan 14, 2022 - Feb 9, 2022
#8	-2.22% Jul 11, 2025 - Jul 16, 2025	-7.60% May 20, 2026 - May 29, 2026
#9	-0.68% Jul 16, 2025 - Jul 18, 2025	-7.47% Jan 5, 2024 - Apr 26, 2024
#10	N/A	-5.46% Aug 17, 2021 - Aug 25, 2021
#11	N/A	-4.31% Dec 22, 2023 - Jan 4, 2024
#12	N/A	-3.75% May 5, 2026 - May 20, 2026
#13	N/A	-2.84% Jan 4, 2022 - Jan 12, 2022
#14	N/A	-2.68% Mar 4, 2022 - Mar 11, 2022
#15	N/A	-2.44% Sep 7, 2021 - Sep 10, 2021

Correlation

Correlation between SSK and BOAT is -0.91 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.

-0.91

-101