BOAT vs. MVFD ETF Comparison

Comparison of SonicShares Global Shipping ETF (BOAT) to Monarch Volume Factor Dividend Tree Index ETF (MVFD)
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

$32.43

Average Daily Volume

11,713

Number of Holdings *

23

* may have additional holdings in another (foreign) market
MVFD

Monarch Volume Factor Dividend Tree Index ETF

MVFD Description MVFD focuses on equities demonstrating strong cash flow and dividend potential, shifting towards fixed income ETFs linked to US Treasurys in unfavorable cash flow scenarios. The fund seeks to mirror the performance of its target index, comprised of 40 equally weighted stocks selected for their financial health and income-producing ability, alongside up to 5 fixed income ETFs. Driving its selection process is the proprietary Volume Factor methodology, which examines stocks by analyzing the dynamics between market volume and price. This analysis is facilitated by a distinctive volume-price confirmation indicator. Evaluating a broad pool of 3,000 U.S. stocks, the methodology generates a composite score to rank and ensure that only the top-performing equities under positive financial conditions are chosen. MVFDs strategy aims for adaptability, modifying its equity-to-fixed income ratio based on prevailing financial trends. Furthermore, the index undergoes quarterly reconstitution to realign with market changes, optimizing the funds portfolio composition accordingly.

Grade (RS Rating)

Last Trade

$27.52

Average Daily Volume

6,200

Number of Holdings *

39

* may have additional holdings in another (foreign) market
Performance
Period BOAT MVFD
30 Days -3.40% 3.81%
60 Days -4.13% 6.09%
90 Days -2.39% 7.28%
12 Months 22.28%
1 Overlapping Holdings
Symbol Grade Weight in BOAT Weight in MVFD Overlap
MATX C 6.32% 2.88% 2.88%
BOAT Overweight 22 Positions Relative to MVFD
Symbol Grade Weight
SBLK F 3.75%
FRO D 3.39%
INSW F 3.14%
STNG F 3.12%
ZIM C 2.93%
GOGL F 2.4%
DHT F 1.68%
CMRE C 1.65%
DAC C 1.64%
SFL D 1.39%
FLNG C 1.34%
NVGS D 1.14%
ECO F 1.14%
LPG F 1.09%
GSL F 0.84%
GNK D 0.74%
NAT F 0.63%
ASC F 0.49%
SB F 0.48%
PANL F 0.29%
ESEA D 0.28%
DSX F 0.26%
BOAT Underweight 38 Positions Relative to MVFD
Symbol Grade Weight
MO A -3.74%
FOX A -3.57%
TGNA B -3.47%
FOXA A -3.36%
HLNE B -3.3%
BKH A -3.08%
VOYA B -3.0%
JHG B -2.92%
ADTN A -2.85%
ABM B -2.85%
QCOM F -2.71%
MLI B -2.7%
NYT D -2.62%
SR A -2.59%
EXPD C -2.47%
PM B -2.36%
LPX B -2.35%
RHI C -2.35%
WKC C -2.35%
MEI F -2.33%
SEM B -2.31%
AFL B -2.27%
CCK D -2.23%
GILD C -2.18%
CHRD D -2.17%
NTAP C -2.14%
CL D -2.13%
SSNC B -2.12%
AMKR D -2.08%
CME B -2.07%
WD D -2.05%
NRG B -2.04%
ALLY C -2.04%
TTC C -1.93%
EXPI D -1.9%
KBH D -1.87%
ADM D -1.86%
BCO F -1.7%
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