SonicShares Global Shipping ETF (BOAT)Industrials | Exchange Traded Fund | NYSEArca
40.58 USD
+0.08
(0.198%)
⇧
(July 13, 2026, 4 p.m.
EDT)
After hours: 40.00 -0.58 (-0.580%) ⇩ (July 13, 2026, 7:49 p.m. EDT) |
Hot Take ↕ | July 11, 2026, 5:20 a.m. EDT
The SonicShares Global Shipping ETF presents a classic case of high income masking structural uncertainty. The headline-grabbing 7.4% dividend yield is attractive, but the payout history reveals a volatile reality: distributions have swung wildly from pennies to over $2.40 per share within a single year, suggesting the yield is often a function of erratic capital recycling or special distributions rather than stable free cash flow. While the fund has managed to end the last three-year window with a net gain, the most recent annual performance was a significant decline, and the price has recently corrected off its highs. The options market reflects this ambivalence; while some players are betting on a surge to $44+, the overwhelming lack of implied volatility suggests the market sees this as a stagnant, low-beta trade rather than a high-conviction momentum play. Until the shipping cycle stabilizes and the dividend becomes predictable rather than sporadic, this remains a hold for income seekers who can tolerate the volatility. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.022866 |
| AutoARIMA | 0.022892 |
| AutoTheta | 0.022938 |
| MSTL_62_95 | 0.023870 |
| MSTL | 0.024117 |
| MSTL_95 | 0.030649 |
| MSTL_62 | 0.037036 |
Forecast horizon: 60 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 48% |
| H-stat | 2.31 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.083 |
| Excess Kurtosis | 0.59 |
| Attribute | Value |
|---|---|
| Trailing P/E | 9.24 |
As of July 11, 2026, 5:20 a.m. EDT: Speculator positioning is sparse and conflicted. In the nearest expiration, traders are heavily weighted into in-the-money calls, suggesting a bias toward holding current levels or modest gains. However, further out, open interest concentrates significantly in out-of-the-money strikes (42 and 44), indicating a speculative bet on a sharp breakout above current prices. Conversely, put open interest sits deep in the money at 32, acting as a floor rather than a hedge against immediate downside. Implied volatility is extremely low across most expirations, reflecting a lack of consensus on future moves.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 2.62% | 8.03% | 9.87% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-06-29 | 1.006 | 2.622523 |
| 2026-03-27 | 0.428 | 1.086294 |
| 2025-12-30 | 0.851 | 2.683104 |
| 2025-09-29 | 0.514 | 1.641700 |
| 2025-06-27 | 0.765 | 2.668294 |
| 2025-03-27 | 0.419 | 1.561685 |
| 2024-12-27 | 2.420 | 8.701906 |
| 2024-09-26 | 0.486 | 1.360963 |
| 2024-06-26 | 0.663 | 1.805064 |
| 2024-03-25 | 0.314 | 1.057595 |
| 2023-12-26 | 0.748 | 2.462957 |
| 2023-09-26 | 0.550 | 1.953194 |
| 2023-06-27 | 2.447 | 9.422411 |
| 2023-03-28 | 0.338 | 1.107289 |
| 2022-12-27 | 0.650 | 2.279502 |
| 2022-09-28 | 1.070 | 4.290469 |
| 2022-06-28 | 1.273 | 4.361232 |
| 2022-03-29 | 0.778 | 2.266239 |
| 2021-12-28 | 0.352 | 1.207962 |
| 2021-09-22 | 0.052 | 0.172300 |
| Attribute | Value |
|---|---|
| All Time High | 43.52 |
| All Time Low | 22.16 |
| Ask | 0.0 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 21,600 |
| Average Daily Volume3 Month | 23,831 |
| Average Volume | 23,831 |
| Average Volume10Days | 21,600 |
| Beta3 Year | 0.46 |
| Bid | 0.0 |
| Bid Size | 100 |
| Category | Industrials |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 41.16 |
| Day Low | 40.58 |
| Dividend Yield | 7.41 |
| Eps Trailing Twelve Months | 4.3937693 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 41.16922 |
| Fifty Day Average Change | -0.58921814 |
| Fifty Day Average Change Percent | -0.014312103 |
| Fifty Two Week Change Percent | 36.193966 |
| Fifty Two Week High | 43.52 |
| Fifty Two Week High Change | -2.9399986 |
| Fifty Two Week High Change Percent | -0.067555115 |
| Fifty Two Week Low | 29.12 |
| Fifty Two Week Low Change | 11.460001 |
| Fifty Two Week Low Change Percent | 0.393544 |
| Fifty Two Week Range | 29.12 - 43.52 |
| First Trade Date Milliseconds | 1,628,083,800,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | SonicShares |
| Fund Inception Date | 1,627,948,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | SonicShares Global Shipping ETF |
| Market | us_market |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1674688220 |
| Nav Price | 40.3664 |
| Net Assets | 67,047,328.0 |
| Net Expense Ratio | 0.69 |
| Open | 40.6 |
| Phone | 844-986-7676 |
| Post Market Change | -0.58000183 |
| Post Market Change Percent | -1.4292799 |
| Post Market Price | 40.0 |
| Post Market Time | 1,783,986,586 |
| Previous Close | 40.5 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0800018 |
| Regular Market Change Percent | 0.197535 |
| Regular Market Day High | 41.16 |
| Regular Market Day Low | 40.58 |
| Regular Market Day Range | 40.58 - 41.16 |
| Regular Market Open | 40.6 |
| Regular Market Previous Close | 40.5 |
| Regular Market Price | 40.58 |
| Regular Market Time | 1,783,972,800 |
| Regular Market Volume | 14,914 |
| Short Name | SonicShares Global Shipping ETF |
| Source Interval | 15 |
| Symbol | BOAT |
| Three Year Average Return | 0.2494278 |
| Total Assets | 67,047,328 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 9.235806 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -3.05572 |
| Trailing Three Month Returns | -3.05572 |
| Triggerable | 1 |
| Two Hundred Day Average | 36.738876 |
| Two Hundred Day Average Change | 3.8411255 |
| Two Hundred Day Average Change Percent | 0.10455207 |
| Type Disp | ETF |
| Volume | 14,914 |
| Yield | 0.074099995 |
| Ytd Return | 24.5025 |