BOAT vs. SFLO ETF Comparison

Comparison of SonicShares Global Shipping ETF (BOAT) to VictoryShares Small Cap Free Cash Flow ETF (SFLO)

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

$35.50

Average Daily Volume

10,520

Number of Holdings ^*

* may have additional holdings in another (foreign) market

SFLO

VictoryShares Small Cap Free Cash Flow ETF

SFLO Description

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its assets in securities in the Index and at least 80% of its assets in equity securities with small market capitalizations. The index is designed to deliver exposure to equity securities of U.S. issuers within the Parent Index that have high free cash flow yields.

Grade (RS Rating)

Last Trade

$26.67

Average Daily Volume

78,903

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BOAT	SFLO
30 Days	6.93%	-1.26%
60 Days	9.90%	1.93%
90 Days	-5.08%	3.14%
12 Months	37.40%

1 Overlapping Holdings

	Symbol	Grade	Weight in BOAT	Weight in SFLO	Overlap
	STNG	D	3.65%	1.38%	1.38%

BOAT Overweight 23 Positions Relative to SFLO

Symbol	Grade	Weight
MATX	B	4.92%
SBLK	B	3.77%
INSW	C	3.42%
FRO	D	3.37%
ZIM	B	2.52%
GOGL	C	2.37%
CMRE	C	1.64%
DHT	B	1.51%
DAC	B	1.48%
TNK	D	1.48%
ECO	C	1.41%
SFL	D	1.4%
FLNG	D	1.25%
LPG	F	1.2%
NVGS	C	1.07%
GSL	C	0.81%
GNK	C	0.73%
NAT	D	0.68%
ASC	D	0.65%
SB	C	0.51%
ESEA	A	0.31%
PANL	D	0.31%
DSX	D	0.27%

BOAT Underweight 9 Positions Relative to SFLO

Symbol	Grade	Weight
MLI	B	-1.66%
YOU	C	-1.59%
DBX	C	-1.39%
HOV	C	-1.39%
VSTO	D	-1.38%
JAZZ	F	-1.33%
COLL	B	-1.25%
CHRD	F	-1.21%
LNTH	C	-1.18%

BOAT: Top Represented Industries & Keywords

Industries: Shipping & Ports Marine Shipping Integrated Shipping & Logistics Oil & Gas Midstream