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Upturn AI Summary
SonicShares Global Shipping ETF(BOAT)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for BOAT
10/02/2026: BOAT (2-star) has a low Upturn Star Rating. Not recommended to BUY.
The SonicShares Global Shipping ETF (BOAT) provides targeted exposure to the global maritime shipping industry through a portfolio of equity securities. Its primary strength lies in offering investors a simplified, diversified tool to capture growth in shipping sectors like tankers and dry bulk, which are traditionally difficult to access. However, the fund is best used as a tactical tool, given its inherent exposure to high volatility, cyclical downturns, and global trade disruption risks. It is most suitable for sophisticated investors who are bullish on international trade and can tolerate the risks associated with this narrow industry concentration.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Shipping is highly cyclical rather than a consistent secular growth sector, making it a opportunistic play. |
| Momentum investor | Strong fit while signal remains positive | Momentum investors may favor this fund during periods of rapid global trade expansion and rising freight rates. |
| Value investor | Strong fit | Many shipping companies trade at deep discounts to book value, appealing to those seeking cyclical value. |
| Dividend/Income investor | Mixed fit | Some shipping firms pay high dividends, but they are often variable and tied to the boom-bust cycles of the industry. |
| Low-risk investor | Weak fit | The extreme volatility of shipping stocks makes this an unsuitable choice for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
The ideal investor is an experienced, risk-tolerant participant seeking thematic exposure to cyclical shipping trends.
Suitability
It is best suited for tactical, medium-term holding strategies rather than long-term passive index investing, due to the industry's extreme cyclicality.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | Shipping stocks are notoriously volatile due to their sensitivity to economic cycles and fuel prices. |
| Market risk | High | Global trade health is the primary driver of performance, exposing investors to systemic macroeconomic risk. |
| Concentration | Medium / high | The fund is limited to a single industry, lacking diversification across other sectors of the economy. |
| Tracking/expense | Medium | Higher expense ratios can drag on performance over time compared to broad market indices. |
| Liquidity | Medium / high | Lower trading volumes may result in higher transaction costs and difficulty exiting positions. |
| Business/sector quality | Medium | The industry is capital intensive and prone to periods of vessel oversupply that suppress profitability. |
Risk Analysis
Volatility
BOAT exhibits high volatility, often exceeding that of broader market indices, due to the cyclical and capital-intensive nature of the shipping industry.
Market Risk
The fund is acutely sensitive to global economic conditions, trade demand, and geopolitical developments that disrupt shipping routes or increase operating costs.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Industry | Global Marine Shipping Equities | 98 | This provides broad exposure to the global maritime shipping sector, which is highly sensitive to global trade volumes. |
| Cash/collateral | Cash and Cash Equivalents | 2 | Represents liquid assets held for operational efficiency and fund rebalancing. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 91.47% | Avg. Invested days 60 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  5.0 |
| Profits based on simulation | Last Close 10/02/2026 |
ETF Fundamentals 
Source: EOD Historical Data • Updated Oct 2, 2026
Fund Basics
| Metric | Value |
|---|---|
| Fund Size (AUM) | $130.56M |
| Issuer | SonicShares |
| Expense Ratio | 0.69% |
| Distribution Yield | 5.72% |
| Inception | Aug 3, 2021 |
Performance
| Period | Total Return |
|---|---|
| YTD | +72.44% |
| 1 Year | +78.38% |
| 3 Year | +34.98% |
| 5 Year | +25.74% |
| 10 Year | +0.00% |
Risk Metrics
| Metric | Value |
|---|---|
| 1Y Volatility | 26.27% |
| 3Y Volatility | 23.43% |
| 3Y Sharpe Ratio | 1.2 |
Ratings
| Metric | Value |
|---|---|
| Morningstar Rating | ★★★★★ |
Market Cap Distribution
| Cap Size | Weight |
|---|---|
| Large Cap | 37.65% |
| Mid Cap | 30.38% |
| Small Cap | 14.43% |
| Micro Cap | 12.13% |
Top Sectors
| Sector | Weight |
|---|---|
| Industrials | 71.77% |
| Energy | 28.23% |
| Basic Materials | 0.00% |
| Consumer Cyclicals | 0.00% |
Asset Allocation
Portfolio Characteristics
| Metric | Value |
|---|---|
| Portfolio P/E | 11.29x |
| Portfolio P/B | 1.16x |
| Portfolio P/S | 1.58x |
| Holdings Turnover | 47.0% |
Top Holdings
| Holding | Weight |
|---|---|
| SITC International Holdings | 5.30% |
| Frontline | 5.27% |
| Mitsui O.S.K. Lines | 5.16% |
| Kawasaki Kisen Kaisha | 5.01% |
| A.P. Møller - Mærsk A/S | 4.66% |
Upturn AI Summary
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
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