SonicShares Global Shipping ETF (BOAT)
Market Closed
17 Jul, 20:00
ARCA ARCA Primary 
XSTO $
41. 39
-0.17
-0.3994%
$
47.47M Market Cap
2.65% Div Yield
9,600 Volume
$ 41.56
Previous Close Investors:
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BOAT: Shipping Stocks Are A Momentum Buy
Shipping stocks have underperformed the S&P 500 in the past decade but have outperformed the market year-to-date. The SonicShares Global Shipping ETF is a globally diversified ETF with equal exposure to container and energy shipping, and it has a modified cap-weighted structure. Shipping stocks typically have low but volatile profits, meaning that the best point to take a position is when they are cheap and distressed.
Seekingalpha | 2 years ago
