BOAT vs. PRN ETF Comparison
Comparison of SonicShares Global Shipping ETF (BOAT) to PowerShares Dynamic Industrials (PRN)
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
$35.86
Average Daily Volume
10,577
24
PRN
PowerShares Dynamic Industrials
PRN Description
The PowerShares Dynamic Industrials Sector Portfolio (Fund) is based on the Dynamic Industrials Sector IntellidexSM Index (Intellidex Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Intellidex Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Underlying Intellidex Index is comprised of common stocks of 60 US industrial companies. These are companies that are principally engaged in the business of providing industrial products and services, including engineering heavy machinery, construction, electrical equipment, aerospace and defense and general manufacturing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.Grade (RS Rating)
Last Trade
$153.14
Average Daily Volume
17,298
41
Performance
| Period | BOAT | PRN |
|---|---|---|
| 30 Days | 8.03% | 5.48% |
| 60 Days | 11.03% | 14.68% |
| 90 Days | -4.11% | 14.01% |
| 12 Months | 40.76% | 56.59% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOAT | Weight in PRN | Overlap | |
|---|---|---|---|---|---|
| INSW | B | 3.42% | 1.4% | 1.4% |
BOAT Overweight 23 Positions Relative to PRN
| Symbol | Grade | Weight | |
|---|---|---|---|
| MATX | C | 4.92% | |
| SBLK | B | 3.77% | |
| STNG | D | 3.65% | |
| FRO | D | 3.37% | |
| ZIM | B | 2.52% | |
| GOGL | B | 2.37% | |
| CMRE | B | 1.64% | |
| DHT | B | 1.51% | |
| DAC | B | 1.48% | |
| TNK | B | 1.48% | |
| ECO | A | 1.41% | |
| SFL | D | 1.4% | |
| FLNG | C | 1.25% | |
| LPG | F | 1.2% | |
| NVGS | B | 1.07% | |
| GSL | B | 0.81% | |
| GNK | B | 0.73% | |
| NAT | D | 0.68% | |
| ASC | D | 0.65% | |
| SB | B | 0.51% | |
| ESEA | A | 0.31% | |
| PANL | D | 0.31% | |
| DSX | D | 0.27% |
BOAT Underweight 40 Positions Relative to PRN
| Symbol | Grade | Weight | |
|---|---|---|---|
| HEI | A | -4.3% | |
| FIX | A | -4.05% | |
| PH | A | -3.86% | |
| TT | A | -3.84% | |
| GWW | A | -3.66% | |
| CTAS | B | -3.63% | |
| HUBB | A | -3.62% | |
| AME | D | -3.56% | |
| PWR | B | -3.45% | |
| WSO | C | -3.45% | |
| URI | C | -3.1% | |
| CPRT | B | -3.09% | |
| HWM | A | -2.77% | |
| STRL | B | -2.67% | |
| PKG | C | -2.64% | |
| IRM | A | -2.61% | |
| TDG | A | -2.58% | |
| CSL | A | -2.41% | |
| DY | C | -2.19% | |
| GE | C | -2.14% | |
| CSWI | B | -2.14% | |
| ETN | C | -2.11% | |
| SMR | B | -2.04% | |
| BAH | A | -2.01% | |
| LMB | B | -1.9% | |
| TTEK | B | -1.71% | |
| GVA | A | -1.7% | |
| MLI | C | -1.68% | |
| GFF | C | -1.56% | |
| ASPN | D | -1.55% | |
| CLH | C | -1.49% | |
| GMS | C | -1.48% | |
| CBZ | F | -1.36% | |
| AVAV | B | -1.33% | |
| USLM | C | -1.33% | |
| TPC | A | -1.3% | |
| APG | F | -1.29% | |
| AMSC | C | -1.28% | |
| INOD | D | -0.99% | |
| VSEC | D | -0.98% |
BOAT: Top Represented Industries & Keywords
PRN: Top Represented Industries & Keywords
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