Key stats
Fund info
Home page
Inception date
Aug 3, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US8863646456
CUSIP
886364645
FIGI
BBG0120SRF72
Identifiers
ISIN US8863646456
BOAT is passively managed to provide pure-play exposure to the water transportation industry. The index looks for globally-listed companies that derive significant revenue from cargo shipping, dry-bulk shipping, and oil and natural gas transport. Eligible companies must meet minimum investability and liquidity requirements including a minimum market capitalization of $250 million. The resulting portfolio is ranked by market-cap, with the top eight stocks allocated 5% portfolio weight each. Remaining securities are weighted by market-cap, subject to a 4% single security cap and a liquidity cap. The index is rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Transportation
Stocks99.17%
Transportation99.17%
Bonds, Cash & Other0.83%
Cash0.58%
Mutual fund0.25%
Breakdown by region
Europe40.36%
Asia39.64%
North America18.29%
Middle East1.71%
Latin America0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
BOAT top holdings are SITC International Holdings Co., Ltd. and Mitsui O.S.K.Lines,Ltd., occupying 5.36% and 5.19% of the portfolio correspondingly.
BOAT last dividends amounted to 1.01 USD. The quarter before, the issuer paid 0.43 USD in dividends, which shows a 57.43% increase.
BOAT assets under management is 97.96 M USD. It's risen 25.10% over the last month.
BOAT fund flows account for 24.85 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, BOAT pays dividends to its holders with the dividend yield of 5.76%. The last dividend (Jun 30, 2026) amounted to 1.01 USD. The dividends are paid quarterly.
BOAT shares are issued by TFG Parent Holdings LLC under the brand SonicShares. The ETF was launched on Aug 3, 2021, and its management style is Passive.
BOAT expense ratio is 0.69% meaning you'd have to pay 0.69% of your investment to help manage the fund.
BOAT follows the Solactive Global Shipping Index - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
BOAT invests in stocks.
BOAT price has risen by 9.77% over the last month, and its yearly performance shows a 55.39% increase. See more dynamics on BOAT price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 11.07% over the last month, showed a 22.63% increase in three-month performance and has increased by 68.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 11.07% over the last month, showed a 22.63% increase in three-month performance and has increased by 68.37% in a year.
BOAT trades at a premium (0.51%) meaning the ETF is trading at a higher price than the calculated NAV.