BOAT vs. FFTY ETF Comparison
Comparison of SonicShares Global Shipping ETF (BOAT) to Innovator IBD 50 Fund ETF (FFTY)
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
$37.39
Average Daily Volume
19,081
22
FFTY
Innovator IBD 50 Fund ETF
FFTY Description
The investment seeks long-term capital appreciation. Under normal circumstances, the fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in companies included in the IBD® 50 Index. It is actively managed. Under normal circumstances, the fund will invest in a portfolio of U.S.-listed, exchange-traded equities. FFTY picks 50 leading growth companies that trade on US exchanges, potentially including ADRs. After screening out securities with extreme recent price movements, the universe is ranked by a composite of 11 different fundamental and technical metrics. The top 50 stocks are weighted in tiers, with more weight given to higher-ranking companies. Components of the index are reviewed on a weekly basis. Based on market-wide technical signals, FFTY may substitute half of its equity portfolio with Treasury bills. The index will remain half equity, half T-bills until a reversal signal occurs. Its worth noting that the funds high-turnover strategy could lead to poor tracking and/or taxable capital gains payouts.Grade (RS Rating)
Last Trade
$28.44
Average Daily Volume
51,833
50
Performance
| Period | BOAT | FFTY |
|---|---|---|
| 30 Days | 19.30% | 9.68% |
| 60 Days | 25.93% | 1.35% |
| 90 Days | 19.72% | 6.08% |
| 12 Months | 58.04% | 24.99% |
1 Overlapping Holdings
| Symbol | Grade | Weight in BOAT | Weight in FFTY | Overlap | |
|---|---|---|---|---|---|
| LPG | B | 1.6% | 3.01% | 1.6% |
BOAT Overweight 21 Positions Relative to FFTY
BOAT Underweight 49 Positions Relative to FFTY
| Symbol | Grade | Weight | |
|---|---|---|---|
| WING | A | -3.76% | |
| EME | A | -3.74% | |
| RCL | A | -3.62% | |
| PRCT | B | -3.58% | |
| FIX | A | -3.56% | |
| TDW | B | -3.52% | |
| OSCR | A | -3.5% | |
| NSSC | B | -3.28% | |
| AAON | C | -3.19% | |
| GCT | B | -3.14% | |
| PWR | B | -3.11% | |
| MMYT | B | -3.07% | |
| ETN | A | -3.04% | |
| DDOG | D | -3.0% | |
| PR | B | -2.95% | |
| CLSK | D | -2.94% | |
| FTAI | B | -2.91% | |
| HUBS | D | -2.82% | |
| ACMR | D | -2.76% | |
| TMDX | B | -2.15% | |
| AXON | B | -2.1% | |
| FCNCA | B | -2.09% | |
| NTRA | B | -2.06% | |
| OWL | B | -2.04% | |
| IBKR | B | -2.02% | |
| ARES | A | -1.99% | |
| NVT | A | -1.98% | |
| AXP | A | -1.98% | |
| HUBB | D | -1.89% | |
| GOOGL | B | -1.04% | |
| GOOG | B | -1.04% | |
| AVAV | A | -1.03% | |
| IR | D | -1.02% | |
| PHM | B | -1.01% | |
| PDD | B | -1.0% | |
| ITCI | C | -1.0% | |
| C | A | -1.0% | |
| NCLH | F | -0.99% | |
| TCOM | A | -0.97% | |
| TXRH | B | -0.52% | |
| NVEI | B | -0.51% | |
| KSPI | B | -0.51% | |
| LMND | C | -0.5% | |
| CTAS | B | -0.5% | |
| BSX | B | -0.5% | |
| POWL | B | -0.49% | |
| DB | B | -0.49% | |
| APO | C | -0.49% | |
| WHD | B | -0.48% |
BOAT: Top Represented Industries & Keywords
FFTY: Top Represented Industries & Keywords
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