Global Sea to SK

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 Shipping companies appear to be attractively priced right now. The U.S. Global Sea to Sky Cargo Index (SEAX) currently has a price-to-earnings ratio (P/E) of just over 2.0, which is significantly lower than stocks in related sectors and industries (transportation and industrials), as well as the S&P 500 and tech-heavy Nasdaq-100.


The U.S. Global Sea to Sky ETF (NYSE: SEA) seeks to track the performance, before fees and expenses, of SEAX, a 29-stock index that provides diversified access to the global sea shipping and air freight industries. The index uses various fundamental screens to determine the most efficient sea shipping, air freight and port companies in the world.

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