"SonicShares Global Shipping ETF (BOAT) is a unique ETF that provides pure-play exposure to the global maritime shipping industry by tracking the Solactive Global Shipping Index. The ETF is up 83.5% in the past year and has a 6.24% dividend yield."
"Shipping companies are making a killing from geopolitics, as even the prospect of conflict lets them charge more. Post-ceasefire prices remain 20-30% higher than where they were."
SonicShares Global Shipping ETF (BOAT) has gained 83.5% in the past year, benefiting from high shipping prices due to geopolitical factors. The ETF offers a 6.24% dividend yield. Franklin International Low Volatility High Dividend Index ETF (LVHI) focuses on low volatility stocks in developed countries outside the U.S. SCHD has underperformed recently, prompting investors to consider alternatives with better upside potential and comparable dividend yields. Shipping companies are capitalizing on current market conditions, leading to increased profitability.
Read at 24/7 Wall St.
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