ATLASSonicShares Global Shipping ETF (BOAT): outlook, holdings and fees
SonicShares Global Shipping ETF (BOAT) is an exchange-traded fund and is managed by SonicShares. The expense ratio is 0.68% and the yield is 5.71%. The ten largest holdings are 48% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on BOAT
| Last price | $52.39 (-1.4%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 53% |
| Likely 1-month range (50%) | $50.56 – $54.69 |
| Normal 1-day range (±1σ) | ±1.3% |
| Distribution yield | 5.71% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
BOAT fund facts
| Issuer | SonicShares |
|---|---|
| Theme | Industrials |
| Assets under management | $134M |
| Expense ratio | 0.68% |
| Number of holdings | 48 |
| Portfolio turnover | 49% |
| Inception | Aug 3, 2021 |
| Exchange | NYSE |
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. Under normal circumstances, at least 80% of the fund"s net assets, plus borrowings for investment purposes, will be invested in Global Shipping Companies. It also may invest in securities or other investments not included in the index, but which the fund"s investment adviser believes will help it track the index. The fund is non-diversified.
BOAT top holdings
| Holding | Sector | Weight |
|---|---|---|
| Frontline Ltd FRO | Energy | 6.42% |
| SITC International Holdings Co Ltd 1308 | Industrials | 5.20% |
| Mitsui O.S.K. Lines Ltd. 9104 | Industrials | 5.22% |
| A.P. Møller - Mærsk A/S MAERSK-B | Industrials | 4.54% |
| Kawasaki Kisen Kaisha Ltd. 9107 | Industrials | 4.63% |
| International Seaways Inc INSW | Energy | 4.78% |
| HMM Co Ltd 011200 | Industrials | 4.41% |
| Hafnia Limited HAFN | Industrials | 4.20% |
| Orient Overseas International Ltd 0316 | Industrials | 4.23% |
| Wallenius Wilhelmsen ASA WALWIL | Industrials | 3.92% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
BOAT sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 69.2% |
| Energy | 30.8% |
By region: Europe Developed 32.3%, North America 19.2%, Asia Developed 18.7%, Asia Emerging 13.8%, Japan 9.9%.
BOAT returns and risk
| Year to date | +79.1% |
|---|---|
| 1 year | +94.1% |
| 3 years (annualised) | +35.6% |
| 5 years (annualised) | +28.5% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 22.9% |
| Sharpe ratio (3 years) | 1.24 |
Past returns do not guarantee future results.
BOAT: frequently asked questions
What does BOAT invest in?
SonicShares Global Shipping ETF invests in a portfolio of securities. Its largest holdings are Frontline Ltd (6.4%), SITC International Holdings Co Ltd (5.2%), Mitsui O.S.K. Lines Ltd. (5.2%), A.P. Møller - Mærsk A/S (4.5%), Kawasaki Kisen Kaisha Ltd. (4.6%).
What is the BOAT expense ratio?
0.68% a year: about $68.00 for every $10,000 invested.
What is the BOAT dividend yield?
5.71%. ATLAS does not hold the exact distribution dates for ETFs.
Will BOAT go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 53%, with a likely range (50%) of $50.56 to $54.69 from $52.39 today. It is a probability, not a prediction.
How has BOAT performed?
Year to date +79.1%, one year +94.1%, three years +35.6% a year, five years +28.5% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer