SEA - Is the Sea Shipping Bottom Call Showing Grit???SEA - Is the Sea Shipping Bottom Call Showing Grit???
Key stats
About US Global Sea to Sky Cargo ETF
Expense ratio
0.60%
Home page
Inception date
Jan 20, 2022
SEA is passively managed to track an index of sea and sky cargo companies from around the world, including emerging markets. The fund utilizes a tiered weighting scheme that combines fundamental factors that tilts more towards sea cargo (marine shipping and port/harbor companies) over sky (freight/courier companies). Sea cargo stocks comprise 70% of the portfolio, while sky cargo stocks make up 30%. Stocks selected are assigned composite scores that are based on rankings derived from fundamental factors. Sea cargo companies are weighted in three tiers based on composite scores and market size. The top sea cargo stocks are allocated percentages: 5% for the top six, 4% for the next seven, and 2% for the next six. Each of the 10 top-ranked sky cargo stocks get 2% of weighting allocation. The index is reconstituted and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Transportation
Stock breakdown by region
$SEA another interesting play here, consolidating.$Sea could go either way from here, one thing to note is the large sell volume earlier in recent months.
SEA, can these tankers lead crude oil back to profitability?I don't think i need to explain in detail why Shipping is such a risky business compare to other form.
Let us start by looking at SEA - Guggenheim Shipping ETFs. This ETFs tracks the performance of the major holdings such as TNK, FRO, TNP, NAT & etc.
As usual, i will start my analysis by using JUS
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Displays a symbol's price movements over previous years to identify recurring trends.