#freight-rates

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#shipping-etfs #income-investing #energy-costs #strait-of-hormuz #global-shipping #etf #geopolitical-tensions
from24/7 Wall St.
1 day ago

BOAT is soaring over the Strait of Hormuz blockade, but will it last?

BOAT is a passive fund tracking the Solactive Global Shipping Index, holding 52 maritime shipping companies including Frontline, Mitsui O.S.K. Lines, and Matson. It charges a 0.69% expense ratio and manages a slim $78.6 million in assets. The distribution is a pass-through of whatever cash its underlying tanker, dry-bulk, and container operators pay out each quarter. There is no options overlay and no leverage. When freight rates rip, the holdings earn outsized cash and most distribute it. When rates fall, the payout falls with them.
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Business
from24/7 Wall St.
1 month ago

This ETF is the Best for You If You Want Both Yield and Upside

The SonicShares Global Shipping ETF has shown significant income and capital appreciation due to ongoing disruptions in global shipping routes.
Business
from24/7 Wall St.
2 months ago

The BOAT ETF Is Destroying the S&P 500, And Everyone Misses It

BOAT ETF provides targeted exposure to global shipping stocks, a sector moving majority of world trade but absent from standard indexes, capturing upside during strong shipping cycles with 68.62% annual returns versus 17.25% for SPY.
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