Investors have been flocking to individual stocks like DryShips(DRYS Quote) to capture the upswing of the shipping industry, but the Claymore/Delta Global Shipping Index ETF(SEA Quote) may provide a safer opportunity.
As China's demand for steel continues to soar, investors are starting to move back into shipping. SEA is a good way to invest in this cyclical sector while minimizing the risks that come with picking individual shipping stocks.
SEA tracks the Delta Global Shipping Index, which measures the performance of companies listed on global developed markets within the maritime shipping industry. SEA's portfolio includes dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquefied natural gas or dry bulk goods.
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The fund's components are based on market capitalization and liquidity, factors that help promote liquidity in the ETF as a whole. SEA includes 30 holdings, with a 58.74% weighting in industrials and a 41.26% weighting in energy. The fund's expense ratio is a reasonable 0.65% considering that the fund is specialized. ...
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