
See exactly how BOAT's revenue becomes profit — a Sankey that traces revenue (and its reported segments) through gross profit, operating expenses, and net profit, with the year-over-year change on every line.
The same diagram the Chart Builder draws, right on the Summary tab. Upgrade to unlock it for BOAT and 80,000+ other tickers.
This ETF aims to offer exposure to a global universe of companies operating within the maritime shipping industry, by tracking an index governed by specific criteria. Under typical market conditions, a minimum of 80% of its net assets, combined with any funds borrowed for investment purposes, will be allocated to these global shipping enterprises. Additionally, the fund's investment adviser possesses the flexibility to invest in securities or other holdings not specifically included in the index, should they determine these investments will assist in achieving its objective of tracking the index. The fund is designated as non-diversified.

The Breakwave Tanker Shipping ETF (NYSE:BWET) has been the trade of the year.

Shipping ETFs are riding on elevated freight rates as Middle East disruptions reshape logistics, with BWET SEA posting strong 2026 gains.

Put $100,000 into BWET on June 4, 2025, and you would have $2.13 million today. The setup is straightforward.

The SonicShares Global Shipping ETF (NASDAQ: BOAT) pays one of the more unpredictable distributions in the ETF universe, and shareholders pulling income from BOAT need to understand why. The fund holds container, dry bulk, and tanker operators whose dividends rise and fall with global freight rates, and BOAT's quarterly payouts have ranged from pennies to multiple... BOAT's Unpredictable Dividends Returned 51% in One Year, But Income Comes With a Catch

The SonicShares Global Shipping ETF (NYSEARCA:BOAT) has quietly become one of 2026's most powerful outperformers, with shares near $42 after a 34% year-to-date gain and a 70% advance over the past 12 months.