---
ticker: "BOAT"
name: "SonicShares Global Shipping ETF"
url: "https://etf.net/etf/BOAT"
grade: "D"
score: 37
graded_at: "2026-10-12"
category: "Transportation"
category_rank: "7 of 8"
methodology: "https://etf.net/methodology"
---

# BOAT: SonicShares Global Shipping ETF

Grade **D**, Score 37 of 100. Rank 7 of 8 in Transportation.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 19 | 7 of 8 |
| Mission | Not scored | — |
| Risk | 62 | 3 of 8 |
| Tradability | 30 | 5 of 8 |
| Holdings | 60 | 5 of 8 |
| Durability | 46 | 5 of 8 |

## Top holdings

The fund holds 56 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | FRO | Frontline PLC | 6.19% |
| 2 | 1308.HK | SITC International Holdings Co Ltd | 5.46% |
| 3 | 9104.T | Mitsui OSK Lines Ltd | 5.01% |
| 4 | — | AP Moller - Maersk A/S | 4.71% |
| 5 | 9107.T | Kawasaki Kisen Kaisha Ltd | 4.68% |
| 6 | INSW | International Seaways Inc | 4.58% |
| 7 | 011200.KS | HMM Co Ltd | 4.55% |
| 8 | HAFNI.OL | Hafnia Ltd | 4.40% |
| 9 | 0316.HK | Orient Overseas Intl | 4.26% |
| 10 | WAWI.OL | Wallenius Wilhelmsen ASA | 3.98% |
| 11 | 1919.HK | COSCO SHIPPING Holdings Co Ltd | 3.68% |
| 12 | MATX | Matson Inc | 3.68% |
| 13 | CMBT.BR | CMB Tech NV | 3.54% |
| 14 | STNG | Scorpio Tankers Inc | 3.46% |
| 15 | HLAG.DE | Hapag-Lloyd AG | 3.43% |
| 16 | — | Torm PLC | 1.97% |
| 17 | DHT | DHT Holdings Inc | 1.87% |
| 18 | HAUTO.OL | Hoegh Autoliners ASA | 1.78% |
| 19 | OET.OL | Okeanis Eco Tankers Corp | 1.77% |
| 20 | 1138.HK | COSCO SHIPPING Energy Transportation Co Ltd | 1.71% |
| 21 | SNI.OL | Stolt-Nielsen Ltd | 1.71% |
| 22 | ZIM | ZIM Integrated Shipping Services Ltd | 1.70% |
| 23 | SBLK | Star Bulk Carriers Corp | 1.59% |
| 24 | TNK | Teekay Tankers Ltd | 1.50% |
| 25 | DAC | Danaos Corp | 1.49% |
| 26 | 2510.HK | TS Lines Ltd | 1.39% |
| 27 | 2343.HK | Pacific Basin Shipping Ltd | 1.24% |
| 28 | LPG | Dorian LPG Ltd | 1.20% |
| 29 | 028670.KS | Pan Ocean Co Ltd | 1.16% |
| 30 | SFL | SFL Corp Ltd | 0.94% |

Source: etf.net, https://etf.net/etf/BOAT. Please cite the page URL.