SEA does not feature any of those companies among its 27 holdings. The ETF’s largest holding is Denmark’s A.P. Moller – Maersk, which operates across multiple businesses, not just shipping. The company had $59 billion in revenue in 2012.
SEA is also home to Teekay LNG Partners (NYSE: TGP), a shipper of liquefied natural gas, and Teekay LNG Partners (NYSE: TOO), a provider of offshore oil storage services. The average dividend yield on those stocks is 6.4%.
Guggenheim Shipping ETF
ETF Trends editorial team contributed to this post.