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SE
U.S. Global Sea to Sky Cargo ETF
SEA
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SE
SEA
SE
U.S. Global Sea to Sky Cargo ETF
SEA
News
·
Want to Look Beyond AI? Watch These Freight ETFs Skyrocketing YTD
AUM
N/A
Volume
6.99K
Yield
4.63%
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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
Trump's Takeover Of Panama Canal? Stocks To Watch As Diplomacy Affects President's Plan
Recent statements by President Trump regarding potential changes to the status of the Panama Canal have raised concerns about possible impacts on various stocks and ETFs involved in shipping, logistics, and transportation.
Benzinga · Feb 3, 2025
US Global Investors Shines In 2024: JETS ETF Soars 33% Amid Travel Boom; Gold, Shipping Funds Add To Gains
US Global Investors' ETFs performed well in 2024, with the JETS ETF soaring 33% amid a travel boom, and the gold and shipping funds also posting gains. The broader aviation sector benefited from increased travel demand, effective capacity management, and lower fuel prices.
Benzinga · Jan 14, 2025
5 Top-Performing High-Dividend ETFs of 1H 2024
Wall Street closed out the first half of 2024 at record highs, with expectations of further gains.
Zacks Investment Research · Jul 1, 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
4 ETF Areas Hovering Around 52-Week Highs
Wall Street has been hovering around a record high.
Zacks Investment Research · May 29, 2024
Zacks Industry Outlook Highlights Green Brick Partners, Forestar and Landsea Homes
Green Brick Partners, Forestar and Landsea Homes are part of the Zacks Industry Outlook article.
Zacks Investment Research · Apr 23, 2024
Time for Shipping ETFs?
Recent weeks have seen a surge in security threats in the Red Sea, primarily due to attacks by Yemen-based Houthi militants. This has forced shipping companies to adjust their usual navigation routes, resulting in an unintended substantial rise in freight rates.
Zacks Investment Research · Jan 19, 2024
Shipping ETFs on pace for best day in nearly a month after U.S., U.K. strike on Houthi rebels in Yemen stirs up more geopolitical worries
Shipping ETFs were jumping amid escalating geopolitical tensions, on pace for their best day in nearly a month.
MarketWatch · Jan 12, 2024
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U.S. Global Sea to Sky Cargo ETF
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Earnings
Dividends
Last · Dec 24
Annual
Amount
$0.96
Yield
4.63%
Annual
$0.96