Do BOAT and HULL hold the same stocks?

By their latest filings, 35% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, BOAT or HULL?

BOAT has 0% of its weight in S&P 500 names and HULL has 34%, so BOAT differs more from the index.

Which is cheaper, BOAT or HULL?

BOAT charges 0.69% a year and HULL charges 0.35%, so HULL is cheaper. Fees come from each fund's prospectus.

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BOAT vs HULL: which is really different?

BOAT and HULL hold 35% of their weight in the same names. SonicShares Global Shipping ETF and Corgi Shipping & Global Logistics ETF.

0.0%

BOAT in the S&P 500

34.1%

HULL in the S&P 500

+78.0%

BOAT total return, 1 year

+5.0%

HULL total return, since launch

BOAT · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of BOAT's weight is in S&P 500 companies and 100% is outside the index

HULL · 3 months to Sep 30, 202666% of its weight is outside the S&P 500

34% of HULL's weight is in S&P 500 companies and 66% is outside the index

ETFIQ Off-Index Score · BOAT scores higherHow much of it is not the index it is sold as an alternative to?

BOAT 92

HULL 36.1

0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, BOAT and HULL hold 35% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 30, 2026.

50%

half

35% in common

Positions both hold, largest shared weight first

Holding BOAT HULL

Frontline PLC 5.43% 3.15%

Matson Inc 4.38% 2.93%

International Seaways Inc 4.16% 2.86%

CMB Tech NV 3.41% 2.30%

Scorpio Tankers Inc 3.93% 2.11%

ZIM Integrated Shipping Servic 2.10% 2.24%

Hafnia Ltd 3.80% 2.05%

Star Bulk Carriers Corp 1.91% 2.22%

DHT Holdings Inc 1.79% 2.33%

TORM PLC 1.77% 2.03%

Danaos Corp 1.49% 1.83%

Teekay Tankers Ltd 1.31% 2.16%

Only in BOAT

HMM Co Ltd 5.05%

Kawasaki Kisen Kaisha Ltd 5.04%

Mitsui OSK Lines Ltd 4.94%

SITC International Holdings Co 4.84%

OOIL 4.81%

AP Moller - Maersk A/S 4.57%

Wallenius Wilhelmsen ASA 4.14%

Hapag-Lloyd AG 3.94%

Only in HULL

Amazon.com Inc 12.59%

Expeditors International of Washington Inc 4.11%

United Parcel Service Inc 4.02%

FedEx Corp 3.81%

First American Government Obligations Fund 12/01/2031 3.44%

Old Dominion Freight Line Inc 3.23%

JB Hunt Transport Services Inc 2.83%

CH Robinson Worldwide Inc 2.75%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

35% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	BOAT	HULL	BOAT	HULL	BOAT	HULL
3 months	+37.6%	+9.5%	+35.0 pts	+7.0 pts	+35.4 pts	+7.4 pts
6 months	+31.3%	not published	+14.3 pts	not published	+4.5 pts	not published
1 year	+78.0%	not published	+62.3 pts	not published	+54.2 pts	not published
3 years	+143.1%	not published	+58.1 pts	not published	+33.1 pts	not published
Since launch BOAT Aug 2021 · HULL May 2026	+261.6%	+5.0%	+175.2 pts	+0.5 pts	+153.9 pts	−1.6 pts

BOAT and HULL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

BOAT

SonicShares Global Shipping ETF · Holds 51 stocks in shipping, aviation and logistics, 0% of its weight in S&P 500 companies

HULL

Corgi Shipping & Global Logistics ETF · Holds 43 stocks in shipping, aviation and logistics, 34% of its weight in S&P 500 companies

Issuer SonicShares Corgi

Theme Shipping, aviation and logistics Shipping, aviation and logistics

In the S&P 500 0.0% 34.1%

Active share vs the S&P 500 100.0% 96.0%

In the Nasdaq-100 0.0% 15.8%

Holdings 51 43

Top ten, share of the fund 47.4% 43.0%

Expense ratio 0.69% 0.35%

Fee for the differing part 0.69% 0.36%

Total return, 1 year +78.0% +5.0% (since launch on May 6, 2026)

vs the S&P 500 +62.3 pts +0.5 pts

vs the Nasdaq-100 +54.2 pts −1.6 pts

Below its high −2.9% −3.8%

Net assets $67m $673,535

BOAT and HULL on the same fields, as of Sep 30, 2026. Source: ETFIQ.

BOAT in plain words

By weight, 0% of BOAT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 47% of the fund across 51 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +78.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 62.2 pts.

HULL in plain words

By weight, 34% of HULL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 43% of the fund across 43 positions, as published by its issuer for Sep 30, 2026. Since it launched on May 6, 2026 the fund returned +5.0% with distributions reinvested against +4.5% for the S&P 500, so a holder was about even.

Questions people ask

Do BOAT and HULL hold the same stocks?: By their latest filings, 35% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BOAT or HULL?: BOAT has 0% of its weight in S&P 500 names and HULL has 34%, so BOAT differs more from the index.
Which is cheaper, BOAT or HULL?: BOAT charges 0.69% a year and HULL charges 0.35%, so HULL is cheaper. Fees come from each fund's prospectus.

Other comparisons

BOAT vs DOCK BOAT vs JETS BOAT vs SEA BOAT vs SHPP HULL vs JETS HULL vs SEA HULL vs SHPP HULL vs DOCK

BOAT on its own →HULL on its own →How every figure is computed →Standards and sources →

Where these figures came from

BOAT filings on SEC EDGAR ↗BOAT prospectus with the expense ratio (SEC) ↗SonicShares website ↗HULL filings on SEC EDGAR ↗HULL prospectus with the expense ratio (SEC) ↗Corgi website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, BOAT against HULL, data as of Sep 30, 2026. https://etfiq.com/compare/themes/boat-vs-hull

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.