SonicShares Global Shipping ETF (BOAT)
BOAT is a passive ETF by Toroso Investments tracking the investment results of the Solactive Global Shipping Index - Benchmark TR Net. BOAT launched on Aug 3, 2021 and has a 0.69% expense ratio.
ETF Info
| ISIN | US8863646456 |
|---|---|
| CUSIP | 886364645 |
| Issuer | Toroso Investments |
| Inception Date | Aug 3, 2021 |
| Region | Global (Broad) |
| Category | Transportation Equities |
| Index Tracked | Solactive Global Shipping Index - Benchmark TR Net |
| Asset Class | Equity |
Expense Ratio
The SonicShares Global Shipping ETF has a high expense ratio of 0.69%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SonicShares Global Shipping ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SonicShares Global Shipping ETF had a return of 4.80% year-to-date (YTD) and 14.68% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.80% | 5.05% |
| 1 month | 4.11% | -4.27% |
| 6 months | 17.56% | 18.82% |
| 1 year | 14.68% | 21.22% |
| 5 years (annualized) | N/A | 11.38% |
| 10 years (annualized) | N/A | 10.42% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.41% | -1.42% | -2.49% | |||||||||
| 2023 | 1.48% | -0.36% | 0.88% | 8.96% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
SonicShares Global Shipping ETF(BOAT)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SonicShares Global Shipping ETF (BOAT) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SonicShares Global Shipping ETF granted a 13.08% dividend yield in the last twelve months. The annual payout for that period amounted to $4.06 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $4.06 | $4.08 | $3.77 | $0.40 |
Dividend yield | 13.08% | 13.65% | 13.57% | 1.36% |
Monthly Dividends
The table displays the monthly dividend distributions for SonicShares Global Shipping ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.31 | |||||||||
| 2023 | $0.00 | $0.00 | $0.34 | $0.00 | $0.00 | $2.45 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.75 |
| 2022 | $0.00 | $0.00 | $0.78 | $0.00 | $0.00 | $1.27 | $0.00 | $0.00 | $1.07 | $0.00 | $0.00 | $0.65 |
| 2021 | $0.05 | $0.00 | $0.00 | $0.35 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the SonicShares Global Shipping ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SonicShares Global Shipping ETF was 31.09%, occurring on Sep 29, 2022. Recovery took 306 trading sessions.
The current SonicShares Global Shipping ETF drawdown is 2.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.09% | May 31, 2022 | 85 | Sep 29, 2022 | 306 | Dec 18, 2023 | 391 |
| -16.67% | Sep 17, 2021 | 20 | Oct 14, 2021 | 56 | Jan 4, 2022 | 76 |
| -15.28% | Mar 21, 2022 | 26 | Apr 26, 2022 | 19 | May 23, 2022 | 45 |
| -10.19% | Jan 18, 2022 | 6 | Jan 25, 2022 | 11 | Feb 9, 2022 | 17 |
| -7.47% | Jan 8, 2024 | 55 | Mar 26, 2024 | — | — | — |
Volatility
Volatility Chart
The current SonicShares Global Shipping ETF volatility is 5.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.