ETFIQ
RankingsCompareHoldingsResearch
My portfolioWeekly note
A
vs
B
Share on XDownload as PDFOpen live

BOAT vs JETS: which is really different?

BOAT and JETS hold 1% of their weight in the same names, and BOAT returned +78.0% over the year. SonicShares Global Shipping ETF and U.S. Global Jets ETF.

0.0%
BOAT in the S&P 500
41.3%
JETS in the S&P 500
+78.0%
BOAT total return, 1 year
+15.4%
JETS total return, 1 year
BOAT · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500
100% of its weight is outside the S&P 5000% of BOAT's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 47% of the fund · 51 holdings filed Jun 30, 2026 · Nasdaq-100: 0% in100% of its weight is outside the S&P 5000% of BOAT's weight is in S&P 500 companies and 100% is outside the index0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 47% of the fund

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

JETS · 1 year to Sep 30, 202659% of its weight is outside the S&P 500
59% of its weight is outside the S&P 50041% of JETS's weight is in S&P 500 companies and 59% is outside the index41%59%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 66% of the fund · 48 holdings filed Jun 30, 2026 · Nasdaq-100: 2% in59% of its weight is outside the S&P 50041% of JETS's weight is in S&P 500 companies and 59% is outside the index41%59%in the S&P 500outside the S&P 500active share 99% · top ten 66% of the fund

41% of JETS's weight is in S&P 500 companies and 59% 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?
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 JETS hold 1% 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.

half

1% in common

Positions both hold, largest shared weight first
Holding BOAT JETS
Only in BOAT
Frontline PLC 5.43%
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%
Matson Inc 4.38%
Only in JETS
American Airlines Group Inc 11.36%
United Airlines Holdings Inc 11.12%
Southwest Airlines Co 10.69%
Delta Air Lines Inc 10.54%
Allegiant Travel Co 4.28%
Frontier Group Holdings Inc 4.07%
Air Canada 3.63%
JetBlue Airways Corp 3.60%

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

1% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowBOATJETSBOATJETSBOATJETS
3 months+37.6%−15.1%+35.0 pts−17.6 pts+35.4 pts−17.2 pts
6 months+31.3%+11.7%+14.3 pts−5.3 pts+4.5 pts−15.2 pts
1 year+78.0%+15.4%+62.3 pts−0.3 pts+54.2 pts−8.4 pts
3 years+143.1%+67.1%+58.1 pts−17.9 pts+33.1 pts−42.9 pts
Since launch
BOAT Aug 2021 · JETS Apr 2015
+261.6%+22.8%+175.2 pts−319.7 pts+153.9 pts−625.7 pts

BOAT and JETS 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
JETS
U.S. Global Jets ETF · Holds 48 stocks in shipping, aviation and logistics, 41% of its weight in S&P 500 companies
Issuer SonicShares U.S. Global
Theme Shipping, aviation and logistics Shipping, aviation and logistics
In the S&P 500 0.0% 41.3%
Active share vs the S&P 500 100.0% 99.1%
In the Nasdaq-100 0.0% 1.9%
Holdings 51 48
Top ten, share of the fund 47.4% 66.2%
Expense ratio 0.69% 0.60%
Fee for the differing part 0.69% 0.61%
Total return, 1 year +78.0% +15.4%
vs the S&P 500 +62.3 pts −0.3 pts
vs the Nasdaq-100 +54.2 pts −8.4 pts
Below its high −2.9% −16.3%
Net assets $67m $959m

BOAT and JETS 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.

JETS in plain words

By weight, 41% of JETS's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 66% of the fund across 48 positions, as filed for Jun 30, 2026. Over the year to Sep 30, 2026 the fund returned +15.4% with distributions reinvested against +15.7% for the S&P 500, so a holder was about even. It sits 16.3% below its all-time high of Jan 12, 2018.

Questions people ask

Do BOAT and JETS hold the same stocks?
By their latest filings, 1% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, BOAT or JETS?
BOAT has 0% of its weight in S&P 500 names and JETS has 41%, so BOAT differs more from the index.
Which is cheaper, BOAT or JETS?
BOAT charges 0.69% a year and JETS charges 0.60%, so JETS is cheaper. Fees come from each fund's prospectus.
Other comparisons
BOAT vs DOCKBOAT vs HULLBOAT vs SEABOAT vs SHPPJETS vs SEAJETS vs SHPPJETS vs DOCKJETS vs HULL
BOAT on its own →JETS 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 ↗JETS filings on SEC EDGAR ↗JETS prospectus with the expense ratio (SEC) ↗U.S. Global 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 JETS, data as of Sep 30, 2026. https://etfiq.com/compare/themes/boat-vs-jets

Open data

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