SonicShares Global Shipping ETF
$55.20+0.70 (+1.28%)
- 0.69%
- $135M
- +101.3%
- 5.58%
- 0M sh
- $53.31
- low $29.32high $54.70
The ETF.net BOAT Grade
D
Score 37 out of 100
- 7 of 8
Score 37 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F19 out of 100Rank 7 of 8Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B62 out of 100Rank 3 of 8Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D30 out of 100Rank 5 of 8Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B60 out of 100Rank 5 of 8Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C46 out of 100Rank 5 of 8
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
- 56
- 48%
- FRO
Sectors
- Industrials71.8%
- Energy28.2%
Geography
- Hong Kong12.12%
- Japan10.57%
- United States10.45%
- Bermuda8.31%
- Greece7.18%
- Norway6.72%
- South Korea6.19%
- Cyprus6.01%
- 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.
Not enough history yet.
BOAT$20,131
Returns run to the Oct 12, 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 | +81.8% |
| 1 month | +6.4% |
| 3 months | +36.6% |
| 1 year | +101.3% |
| 3 years | +37.7% |
| 5 years | +28.6% |
| 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 | +81.8% | |
| 2025 | +22.8% | |
| 2024 | +6.0% | |
| 2023 | +24.4% | |
| 2022 | +6.3% | |
| 2021 | +23.2% |
BOAT in the news
Top Movers
Tanker ETF gains 8.4% as crude falls
BOAT Dividends
- 5.58%
- $3.04
- $0.76 per share
- Quarterly
Distribution history
BOAT Risk
- 23.3%
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.
- 1.20
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%
6 of the 8 Transportation funds charge less.
Other funds in Transportation
- CFTXRFirst Trust Nasdaq Transportation ETFExpense ratio 0.60%1 year return +24.4%
- CJETSU.S. Global Jets ETFExpense ratio 0.60%1 year return +12.5%
- CDOCKCorgi Etf Trust I - Portfolios Rail & Freight EtfExpense ratio 0.35%1 year return —
- CHULLCorgi Etf Trust I - Shipping & Global Logistics ETFExpense ratio 0.35%1 year return —
- DSEAU.S. Global Sea to Sky Cargo ETFExpense ratio 2.32%1 year return +72.3%