SonicShares Global Shipping ETF
$50.73−1.17 (−2.25%)
- Expense ratio
- 0.69%
- Fund size
- $142M
- 1Y return
- +73.1%
- Yield · Last 12 months
- 5.39%
- Holdings
- 53
- Volume · 30D
- 0M sh
- NAV per share
- $53.08
- 52W range
The ETF.net BOAT Grade
Score 37 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 19Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 60Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 31Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 46Category rank
Our read on BOAT
DThe transportation aisle is mostly trucks, rails and planes. BOAT owns the boats: roughly 50 global container, dry bulk and tanker names that haul world trade, held through one passive shipping index.
The Fund seeks to track the Solactive Global Shipping Index before fees and expenses using a passive indexing approach.
Why people hold it
- Pure-play maritime: container ships, dry bulk carriers and tankers in one ticker, the slice of global trade that truck-and-rail transport funds barely hold.globenewswire.com
- Rules-based and passive. It tracks the Solactive Global Shipping Index, so the book follows published index rules rather than a manager's hunch.
- Global by mandate, which matters in an industry where most shipowners list far from New York.globenewswire.com
- Distributions run on a quarterly cadence, and the portfolio stays compact at roughly 50 names.
Worth knowing
- Costs 0.69% a year, above the transportation-fund median and well above broad options like IYT (0.38%) and XTN (0.35%).
- Thinly traded and modest in assets, so spreads can widen. Limit orders earn their keep here.
- Shipping is a freight-rate business: cyclical, concentrated in about 50 names, and bumpier than a diversified transport basket.
BOAT Holdings
- Stocks
- 53
- 46%
- FRO
Sectors
- Industrials73.3%
- Energy26.7%
Geography
- Hong Kong11.82%
- Japan11.26%
- United States10.43%
- Bermuda8.46%
- Greece7.26%
- Norway7.02%
- Cyprus5.77%
- South Korea5.53%
- 32.45%
Developed 56% · Emerging 44%
BOAT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
BOAT$17,311
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | BOAT |
|---|---|
| Year to date | +70.6% |
| 1 month | +4.4% |
| 3 months | +27.7% |
| 1 year | +73.1% |
| 3 years | +34.0% |
| 5 years | +24.0% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | BOAT |
|---|---|---|
| 2026 YTD | +70.6% | |
| 2025 | +22.8% | |
| 2024 | +6.0% | |
| 2023 | +24.4% | |
| 2022 | +6.3% | |
| 2021 | +23.2% |
BOAT in the news
BOAT Dividends
- 5.39%
- $2.80
- $1.01 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $1.01 |
| Mar 27, 2026 | Mar 30, 2026 | $0.43 |
| Dec 30, 2025 | Dec 31, 2025 | $0.85 |
| Sep 29, 2025 | Sep 30, 2025 | $0.51 |
| Jun 27, 2025 | Jun 30, 2025 | $0.77 |
| Mar 27, 2025 | Mar 28, 2025 | $0.42 |
| Dec 27, 2024 | Dec 31, 2024 | $2.42 |
| Sep 26, 2024 | Sep 30, 2024 | $0.49 |
| Jun 26, 2024 | Jun 28, 2024 | $0.66 |
| Mar 25, 2024 | Mar 28, 2024 | $0.31 |
| Dec 26, 2023 | Dec 29, 2023 | $0.75 |
| Sep 26, 2023 | Sep 29, 2023 | $0.55 |
BOAT Risk
- 23.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.13
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −33.9%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
BOAT Cost
0.69%
BOAT0.69%
- The middle half of Transportation funds
- Median 0.48%
Every other Transportation fund charges less.