Sonicshares Global Shipping Etf Profile
| BOAT Etf | USD 27.68 0.12 0.44% |
PerformanceVery Weak
| Odds Of DistressLow
|
SonicShares Global is selling for under 27.68 as of the 26th of February 2025; that is 0.44 percent increase since the beginning of the trading day. The etf's last reported lowest price was 27.53. SonicShares Global has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 28th of November 2024 and ending today, the 26th of February 2025. Click here to learn more.
The index is a rules-based index that seeks to provide exposure to a global portfolio of companies identified as being engaged in the water transportation industry. Sonicshares Global is traded on NYSEARCA Exchange in the United States. More on SonicShares Global Shipping
Moving against SonicShares Etf
SonicShares Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Sector ETFs, Industrials ETFs, Industrials, SonicShares (View all Sectors) |
| Issuer | Toroso Investments |
| Inception Date | 2021-08-03 |
| Benchmark | Solactive Global Shipping Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 34.08 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Industrials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | Tidal ETF Services LLC |
| Advisor | Toroso Investments, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Michael Venuto, Charles A. Ragauss |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Mar |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 50.0 |
| Market Maker | GTS |
| Total Expense | 0.69 |
| Management Fee | 0.69 |
| Country Name | USA |
| Returns Y T D | (1.01) |
| Name | SonicShares Global Shipping ETF |
| Currency Code | USD |
| Open Figi | BBG0120SRF72 |
| In Threey Volatility | 29.54 |
| 1y Volatility | 25.52 |
| 200 Day M A | 32.7129 |
| 50 Day M A | 28.3751 |
| Code | BOAT |
| Updated At | 24th of February 2025 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.37 |
SonicShares Global Shipping [BOAT] is traded in USA and was established 2021-08-03. The fund is listed under Industrials category and is part of SonicShares family. The entity is thematically classified as Sector ETFs. SonicShares Global currently have 18.03 M in assets under management (AUM). , while the total return for the last 3 years was 7.9%.
Check SonicShares Global Probability Of Bankruptcy
Geographic Allocation (%)
SonicShares Global Currency Exposure
SonicShares Global Shipping holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of SonicShares Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in SonicShares Global Shipping.
Top SonicShares Global Shipping Etf Constituents
SonicShares Global Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in SonicShares Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.14) |
SonicShares Global Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in SonicShares Global Shipping. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of SonicShares Global is measured differently than its book value, which is the value of SonicShares that is recorded on the company's balance sheet. Investors also form their own opinion of SonicShares Global's value that differs from its market value or its book value, called intrinsic value, which is SonicShares Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SonicShares Global's market value can be influenced by many factors that don't directly affect SonicShares Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SonicShares Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if SonicShares Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SonicShares Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.