Shipping ETF Rallies on Heightened Geopolitical Risks
October 14, 2019 at 15:09 PM EDT
A shipping themed ETF has been quietly outperforming as tanker rates surged to record heights amidst a spike in geopolitical uncertainty. The Invesco Shipping ETF (NYSEArca: SEA), which tries to reflect the performance of the Dow Jones Global Shipping Index, surged this month, rallying around 10.6%...