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Launched · SEC filings

SonicShares Global Shipping ETF

BOATNYSE ArcaD

$51.36−1.77 (−3.33%)

At close: Nov 2, 2026, 4:00 PM ET

D33/ 100

Rank 8 of 8 in Transportation

D33/100Rank 8 of 8inTransportation
Intraday session: down, 79 prints from 53.13 to 51.36. Range 51.36 to 52.58. Use the arrow keys to read each point.51.7552.0052.2552.5052.7510 AM12 PM2 PM4 PM
Expense ratio
0.69%
Fund size
$160M
1Y total return
+79.0%
Yield · Last 12 months
5.73%
Holdings
56
Avg volume · 30D
83.8K sh
52W range
low $31.21high $55.49
Launched
Filings
SEC EDGAR

The ETF.net BOAT Grade

Based on 5 of 6 pillars

D

Score 33 out of 100

Category
Transportation⁠
Rank
8 of 8
Six-pillar profile for BOAT. Scores out of 100: Cost 8, Risk 60, Mission not scored, Tradability 30, Holdings 67, Durability 48. Strongest: Holdings (67). Weakest: Cost (8). Based on 5 of 6 pillars.

Score 33 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.
    F8 out of 100
    Rank 8 of 8

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B60 out of 100
    Rank 3 of 8

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D30 out of 100
    Rank 6 of 8

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B67 out of 100
    Rank 3 of 8

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C48 out of 100
    Rank 5 of 8

Our read on BOAT

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarB67 out of 100Rank 3 of 8 in Transportation
Asset class
Stocks
Holdings
56
Top-10 weight
48%
Largest holding
FRO6.3%

Sectors

  • Industrials71.8%
  • Energy28.2%

Geography

  • United States21.48%
  • Japan12.22%
  • China10.56%
  • Norway7.95%
  • Hong Kong7.27%
  • South Korea7.04%
  • Greece6.51%
  • Denmark6.00%
  • Other countries (7)20.96%

Developed 65% · Emerging 35% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 4.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1FROFrontline PLC6.30%177,801$10.1M26
21308.HKSITC International Holdings Co Ltd5.24%1,379,420$8.37M110
39104.TMitsui OSK Lines Ltd5.19%175,268$8.28M106
4011200.KSHMM Co Ltd4.95%473,280$7.9M66
59107.TKawasaki Kisen Kaisha Ltd4.81%355,146$7.68M94
6HAFNI.OLHafnia Ltd4.51%662,650$7.21M42
7INSWInternational Seaways Inc4.42%62,142$7.06M162
8MAERSK-B.COAP Moller - Maersk A/S4.41%2,022$7.03M89
90316.HKOrient Overseas Intl4.33%353,659$6.91M72
10WAWI.OLWallenius Wilhelmsen ASA4.14%357,937$6.6M65
11STNGScorpio Tankers Inc3.91%65,603$6.24M90
12MATXMatson Inc3.73%26,266$5.96M171
131919.HKCOSCO SHIPPING Holdings Co Ltd3.61%2,721,364$5.76M80
14HLAG.DEHapag-Lloyd AG3.41%36,316$5.44M14
15CMBT.BRCMB Tech NV3.24%275,853$5.17M42

Showing 1–15 of 56 holdings

BOAT Performance

Launched Aug 3, 2021

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$17,901
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. BOAT $17,901. SPY $11,199. Use the arrow keys to read each point.$10,000$12,500$15,000$17,500Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for BOAT. Periods over one year show the average yearly return.
PeriodBOAT
Year to date+77.3%
1 month+4.0%
3 months+22.4%
1 year+79.0%
3 yearsper year+36.4%
5 yearsper year+27.3%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for BOAT
YearReturn barBOAT
2026 YTD+77.3%
2025+22.8%
2024+6.0%
2023+24.4%
2022+6.3%
2021+23.2%

History from Aug 4, 2021

BOAT in the news

BOAT Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
5.73%Last 12 months
Payout per share
$3.04Last 12 months
Last payment
$0.76 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Quarterly

Distribution history

2021–2026

One bar per payment. 21 payments from 2021 to 2026 YTD. Sep 22, 2021 $0.05; Dec 28, 2021 $0.35; Mar 29, 2022 $0.78; Jun 28, 2022 $1.27; Sep 28, 2022 $1.07; Dec 27, 2022 $0.65; Mar 28, 2023 $0.34; Jun 27, 2023 $2.45; Sep 26, 2023 $0.55; Dec 26, 2023 $0.75; Mar 25, 2024 $0.31; Jun 26, 2024 $0.66; Sep 26, 2024 $0.49; Dec 27, 2024 $2.42; Mar 27, 2025 $0.42; Jun 27, 2025 $0.77; Sep 29, 2025 $0.51; Dec 30, 2025 $0.85; Mar 27, 2026 $0.43; Jun 29, 2026 $1.01; Sep 28, 2026 $0.76. Use the arrow keys to read each point.202120222023202420252026YTD
Ex-datePay dateAmount per share
Sep 28, 2026Sep 29, 2026$0.76
Jun 29, 2026Jun 30, 2026$1.01
Mar 27, 2026Mar 30, 2026$0.43
Dec 30, 2025Dec 31, 2025$0.85
Sep 29, 2025Sep 30, 2025$0.51
Jun 27, 2025Jun 30, 2025$0.77
Mar 27, 2025Mar 28, 2025$0.42
Dec 27, 2024Dec 31, 2024$2.42
Sep 26, 2024Sep 30, 2024$0.49
Jun 26, 2024Jun 28, 2024$0.66
Mar 25, 2024Mar 28, 2024$0.31
Dec 26, 2023Dec 29, 2023$0.75

See all 21 payments⁠

$10,000 in BOAT 5 years ago paid $6,226 in dividends.⁠

BOAT Risk

Risk pillarB60 out of 100Rank 3 of 8 in Transportation
How much the fund’s monthly returns vary, scaled to a year.
23.3%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
1.27
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−33.9%
Trough Apr 2025
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.

How strongly the fund’s returns move with its asset-class index.
0.46
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

BOAT Cost

Compare BOAT and XTN

Overpaying vs XTN, tied cheapest in Transportation

$6,303

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • BOAT 0.69%

    $13,429

  • XTN 0.35% Tied cheapest

    $7,126

$10,000
30 years

Cost over time

  • BOAT 0.69%
  • XTN 0.35%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530BOAT $13,429XTN $7,126

Year by year

YearBOATXTNOverpaying
10$1,232$634$598
20$4,697$2,454$2,243
30$13,429$7,126$6,303

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