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Morningstar

SonicShares™ Global Shipping ETF BOAT

Morningstar Medalist Rating
Medalist Rating as of | See SonicShares Investment Hub

Morningstar’s Analysis BOAT

Will BOAT outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BOAT’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the BOAT management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of BOAT’s parent organization’s priorities and whether they’re in line with investors’ interests.

SonicShares ™ Global Shipping ETF retains its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings BOAT

More BOAT Holdings
  • Current Portfolio Date
  • Equity Holdings 48
  • Bond Holdings 0
  • Other Holdings 5
  • % Assets in Top 10 Holdings 47.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Kawasaki Kisen Kaisha Ltd

7.03
2,331,048
Industrials

Mitsui O.S.K. Lines Ltd

5.46
1,808,914
Industrials

Euronav NV

5.34
1,769,056
Energy

Matson Inc

4.95
1,641,950
Industrials

Frontline Plc

4.69
1,556,012
Energy

Orient Overseas (International) Ltd

4.39
1,453,932
Industrials

Scorpio Tankers Inc

4.03
1,334,950
Energy

HMM

3.98
1,320,268
Industrials

A. P. Moller Maersk A/S Class B

3.92
1,299,234
Industrials

SITC International Holdings Co Ltd

3.90
1,292,133
Industrials