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BO
SonicShares Global Shipping ETF
BOAT
Volume
175.79K
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BO
BOAT
BO
SonicShares Global Shipping ETF
BOAT
News
·
Want to Look Beyond AI? Watch These Freight ETFs Skyrocketing YTD
AUM
N/A
Volume
175.79K
Yield
5.83%
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Want to Look Beyond AI? Watch These Freight ETFs Skyrocketing YTD
Geopolitical instability in the Middle East has caused maritime chokepoints at the Strait of Hormuz, forcing vessels to reroute and reducing global fleet capacity. This has driven tanker charter rates to historic highs, with daily spot rates reaching nearly $470,000 compared to previous $75,000-$100,000 levels. Shipping companies are reporting record earnings, and freight ETFs—particularly those focused on tanker shipping—are experiencing exceptional returns, with BWET up over 3,700% year-to-date.
Zacks Investment Research · Sep 14, 2026
This International Cargo Shipping Company Sees Macro Uncertainty But Is Making More Money Per Cargo
ZIM Integrated Shipping reported strong Q1 results with a 28% year-over-year increase in sales, driven by higher freight rates and volume. The company's adjusted EBITDA surged 82% and it reaffirmed its outlook for 2025, despite acknowledging macro uncertainty.
Benzinga · May 19, 2025
The Zacks Analyst Blog Highlights BOAT, WGMI SLVP, MAGS and FDCF
BOAT, WGMI, SLVP, MAGS and FDCF are part of the Zacks top Analyst Blog.
Zacks Investment Research · Jul 2, 2024
5 Sector ETFs That Beat the Market in Q2
Technology remained the best-performing sector of the second quarter on the AI drive, while energy lagged.
Zacks Investment Research · Jun 28, 2024
Top-Performing High-Income ETFs of Q2: Option Strategy Rules
Wall Street has delivered a moderate performance in the second quarter of 2024. Among the pool of winning ETFs, those employing option strategy yielded smartly and offered substantial gains.
Zacks Investment Research · Jun 28, 2024
4 Top-Performing ETF Areas of Last Week
Wall Street was moderately upbeat last week. Notably, NVIDIA stock hit a record but eventually succumbed to a slowdown due to profit booking.
Zacks Investment Research · Jun 25, 2024
5 Top-Performing ETFs of Q2
Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.
Zacks Investment Research · Jun 25, 2024
Top ETF Areas of May
Wall Street has experienced a robust upswing in May, driven by fresh expectations of Federal Reserve rate reductions at the initial phase of the month, strong corporate profits, and the artificial intelligence (AI) craze
Zacks Investment Research · May 31, 2024
5 Sector ETFs With Double-Digit Gains in May
All three major bourses hit record highs this month, touching new milestones. We have highlighted five best performing ETFs from different corners of the market.
Zacks Investment Research · May 30, 2024
4 ETF Areas Hovering Around 52-Week Highs
Wall Street has been hovering around a record high.
Zacks Investment Research · May 29, 2024
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BO
BOAT
SonicShares Global Shipping ETF
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BOAT
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Related Tickers
Earnings
Dividends
Last · Sep 28
Quarterly
Amount
$0.76
Yield
5.86%
Annual
$3.04