BOAT vs. MLPR ETF Comparison
Comparison of SonicShares Global Shipping ETF (BOAT) to ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN (MLPR)
BOAT
SonicShares Global Shipping ETF
BOAT Description
The investment seeks to track the performance, before fees and expenses, of the Solactive Global Shipping Index. 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.
Grade (RS Rating)
Last Trade
$36.61
Average Daily Volume
25,800
24
MLPR
ETRACS Quarterly Pay 1.5X Leveraged Alerian MLP Index ETN
MLPR Description
The investment seeks to provide 1.5 times leveraged long exposure to the compounded quarterly performance of the Alerian MLP Index, reduced by the Accrued Fees. The index measures the composite performance of energy MLPs, and is calculated by S&P using a capped, float-adjusted, capitalization-weighted methodology. The index Constituent Securities earn the majority of their cash flow from qualifying midstream activities involving energy commodities.Grade (RS Rating)
Last Trade
$59.51
Average Daily Volume
909
14
Performance
| Period | BOAT | MLPR |
|---|---|---|
| 30 Days | -3.00% | 6.65% |
| 60 Days | 11.63% | 4.89% |
| 90 Days | 22.21% | 3.05% |
| 12 Months | 48.75% | 51.10% |
0 Overlapping Holdings
| Symbol | Grade | Weight in BOAT | Weight in MLPR | Overlap |
|---|
BOAT Overweight 24 Positions Relative to MLPR
| Symbol | Grade | Weight | |
|---|---|---|---|
| MATX | B | 4.34% | |
| STNG | B | 4.29% | |
| SBLK | D | 3.95% | |
| INSW | C | 3.91% | |
| GOGL | D | 2.45% | |
| ZIM | B | 2.27% | |
| BWLP | D | 2.25% | |
| TNK | C | 1.81% | |
| CMRE | C | 1.7% | |
| SFL | C | 1.66% | |
| DHT | D | 1.65% | |
| DAC | C | 1.55% | |
| LPG | C | 1.47% | |
| ECO | D | 1.36% | |
| FLNG | C | 1.31% | |
| NVGS | B | 1.11% | |
| GSL | C | 0.88% | |
| ASC | C | 0.82% | |
| GNK | D | 0.79% | |
| NAT | D | 0.75% | |
| SB | C | 0.57% | |
| PANL | C | 0.32% | |
| DSX | D | 0.3% | |
| ESEA | B | 0.22% |
BOAT: Top Represented Industries & Keywords
MLPR: Top Represented Industries & Keywords
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