Do BOAT and SHPP hold the same stocks?

By their latest filings, 8% 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 SHPP?

BOAT has 0% of its weight in S&P 500 names and SHPP has 35%, so BOAT differs more from the index.

Which is cheaper, BOAT or SHPP?

BOAT charges 0.69% a year and SHPP charges 0.60%, so SHPP is cheaper. Fees come from each fund's prospectus.

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BOAT vs SHPP: which is really different?

BOAT and SHPP hold 8% of their weight in the same names, and BOAT returned +78.0% over the year. SonicShares Global Shipping ETF and Pacer Industrials and Logistics ETF.

0.0%

BOAT in the S&P 500

34.9%

SHPP in the S&P 500

+78.0%

BOAT total return, 1 year

+20.8%

SHPP total return, 1 year

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

SHPP · 1 year to Sep 30, 202665% of its weight is outside the S&P 500

35% of SHPP's weight is in S&P 500 companies and 65% 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

SHPP 62.3

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 SHPP hold 8% 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 Apr 30, 2026 and Jun 30, 2026.

50%

half

8% in common

Positions both hold, largest shared weight first

Holding BOAT SHPP

Hapag-Lloyd AG 3.94% 1.10%

AP Moller - Maersk A/S 4.57% 0.71%

Mitsui OSK Lines Ltd 4.94% 0.66%

HMM Co Ltd 5.05% 0.63%

OOIL 4.81% 0.56%

SITC International Holdings Co 4.84% 0.54%

Kawasaki Kisen Kaisha Ltd 5.04% 0.51%

Matson Inc 4.38% 0.26%

Wallenius Wilhelmsen ASA 4.14% 0.26%

COSCO SHIPPING Holdings Co Ltd 3.94% 0.26%

ZIM Integrated Shipping Servic 2.10% 0.15%

Star Bulk Carriers Corp 1.91% 0.14%

Only in BOAT

Frontline PLC 5.43%

International Seaways Inc 4.16%

Scorpio Tankers Inc 3.93%

Hafnia Ltd 3.80%

CMB Tech NV 3.41%

Stolt-Nielsen Ltd 1.91%

DHT Holdings Inc 1.79%

TORM PLC 1.77%

Only in SHPP

ABB Ltd 11.00%

Union Pacific Corp 10.30%

SAP SE 8.36%

FedEx Corp 6.90%

United Parcel Service Inc 5.85%

CSX Corp 4.08%

Canadian Pacific Kansas City L 3.78%

Norfolk Southern Corp 3.74%

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

8% 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	SHPP	BOAT	SHPP	BOAT	SHPP
3 months	+37.6%	−0.2%	+35.0 pts	−2.7 pts	+35.4 pts	−2.3 pts
6 months	+31.3%	+11.0%	+14.3 pts	−6.0 pts	+4.5 pts	−15.8 pts
1 year	+78.0%	+20.8%	+62.3 pts	+5.1 pts	+54.2 pts	−3.0 pts
3 years	+143.1%	+44.1%	+58.1 pts	−40.9 pts	+33.1 pts	−65.9 pts
Since launch BOAT Aug 2021 · SHPP Jun 2022	+261.6%	+51.8%	+175.2 pts	−50.0 pts	+153.9 pts	−102.1 pts

BOAT and SHPP 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

SHPP

Pacer Industrials and Logistics ETF · Holds 113 stocks in shipping, aviation and logistics, 35% of its weight in S&P 500 companies

Issuer SonicShares Pacer

Theme Shipping, aviation and logistics Shipping, aviation and logistics

In the S&P 500 0.0% 34.9%

Active share vs the S&P 500 100.0% 99.0%

In the Nasdaq-100 0.0% 7.1%

Holdings 51 113

Top ten, share of the fund 47.4% 56.9%

Expense ratio 0.69% 0.60%

Fee for the differing part 0.69% 0.61%

Total return, 1 year +78.0% +20.8%

vs the S&P 500 +62.3 pts +5.1 pts

vs the Nasdaq-100 +54.2 pts −3.0 pts

Below its high −2.9% −7.0%

Net assets $67m $2m

BOAT and SHPP 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.

SHPP in plain words

By weight, 35% of SHPP'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 57% of the fund across 113 positions, as filed for Apr 30, 2026. Over the year to Sep 30, 2026 the fund returned +20.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 5.1 pts. It sits 7.0% below its all-time high of Aug 21, 2026.

Questions people ask

Do BOAT and SHPP hold the same stocks?: By their latest filings, 8% 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 SHPP?: BOAT has 0% of its weight in S&P 500 names and SHPP has 35%, so BOAT differs more from the index.
Which is cheaper, BOAT or SHPP?: BOAT charges 0.69% a year and SHPP charges 0.60%, so SHPP is cheaper. Fees come from each fund's prospectus.

Other comparisons

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

BOAT on its own →SHPP 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 ↗SHPP filings on SEC EDGAR ↗SHPP prospectus with the expense ratio (SEC) ↗Pacer 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 SHPP, data as of Sep 30, 2026. https://etfiq.com/compare/themes/boat-vs-shpp

Open data

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