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 |
| Leveraged | 1x |
| Index Tracked | Solactive Global Shipping Index - Benchmark TR Net |
| Asset Class | Equity |
Expense Ratio
BOAT features an expense ratio of 0.69%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: BOAT vs. PPA, BOAT vs. VOO, BOAT vs. SCHK, BOAT vs. SCHD, BOAT vs. ^GSPC, BOAT vs. SPY, BOAT vs. JEPQ, BOAT vs. VDC, BOAT vs. BDRY, BOAT vs. XLG
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 11.39% year-to-date (YTD) and 23.66% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.39% | 25.82% |
| 1 month | -5.77% | 3.20% |
| 6 months | -9.71% | 14.94% |
| 1 year | 23.66% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of BOAT, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 5.41% | -1.42% | -2.49% | 8.63% | 17.55% | -2.80% | -6.56% | -1.49% | 7.01% | -9.15% | 11.39% | ||
| 2023 | 1.61% | 10.67% | -1.53% | -0.79% | -11.39% | 6.91% | 10.73% | -2.75% | 1.48% | -0.36% | 0.88% | 8.96% | 24.53% |
| 2022 | 0.40% | 14.20% | 3.60% | -7.96% | 13.80% | -18.32% | 13.33% | -7.47% | -16.20% | 6.72% | 14.32% | -2.48% | 6.26% |
| 2021 | 14.82% | 0.24% | -2.15% | -2.23% | 11.88% | 23.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BOAT is 29, suggesting that the investment has average results relative to other ETFs in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
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 provided a 6.92% dividend yield over the last twelve months, with an annual payout of $2.21 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $2.21 | $4.08 | $3.77 | $0.40 |
Dividend yield | 6.92% | 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.31 | $0.00 | $0.00 | $0.66 | $0.00 | $0.00 | $0.49 | $0.00 | $0.00 | $1.46 | |
| 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 | $4.08 |
| 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 | $3.77 |
| 2021 | $0.05 | $0.00 | $0.00 | $0.35 | $0.40 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 14.82%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.09% | May 31, 2022 | 85 | Sep 29, 2022 | 306 | Dec 18, 2023 | 391 |
| -17.73% | Jun 4, 2024 | 68 | Sep 10, 2024 | — | — | — |
| -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 |
Volatility
Volatility Chart
The current SonicShares Global Shipping ETF volatility is 7.51%, 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.