Corgi Shipping & Global Logistics ETF (HULL) Valuation
HULL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 11.6 trailing earnings
- Forward P/E
- 10.8 analyst estimates
- Price / sales
- 1.75
- Price / book
- 1.94
- EV / EBITDA
- 7.3
- Earnings yield
- 8.62% inverse of P/E
- Dividend yield
- 3.93% of the holdings
- Return on equity
- 16.8% combined
- Net margin
- 15.1% combined
- Beta
- 0.82 weighted, vs S&P 500
HULL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| HULL | 11.6 | 10.8 | 1.75 | 1.94 | 3.93% | 16.8% | 15.1% | 0.0% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
HULL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 51.8% | 12.7 | 9.5 | 1.31 | 1.85 | 3.15% | 14.5% |
| Energy | 29.2% | 8.4 | 10.5 | 3.16 | 1.63 | 7.43% | 19.5% |
| Consumer Cyclical | 12.3% | 20.1 | 23.6 | 3.48 | 4.87 | 0.00% | 24.2% |
HULL earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How HULL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
HULL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 12.28% | 20.1 | 23.6 | 3.5 | — | 8.09% |
| UPS | United Parcel Service, Inc. | 4.43% | 18.1 | 12.0 | 0.9 | 6.73% | 3.24% |
| EXPD | Expeditors International of Washington, Inc. | 4.19% | 28.5 | 24.4 | 2.1 | 0.83% | 1.95% |
| FDX | FedEx Corporation | 4.05% | 15.8 | 14.2 | 0.7 | 1.66% | 3.39% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 3.74% | — | — | — | — | — |
| ODFL | Old Dominion Freight Line, Inc. | 3.44% | 36.1 | 27.3 | 6.9 | 0.62% | 1.26% |
| FRO | Frontline Ltd. | 3.27% | 7.9 | 10.0 | 4.3 | 10.25% | 5.51% |
| DSG | Descartes Systems Group Inc | 3.16% | — | — | — | — | — |
| MATX | Matson, Inc. | 3.05% | 15.8 | 19.2 | 2.0 | 0.65% | 2.56% |
| JBHT | J.B. Hunt Transport Services, Inc. | 3.00% | 32.3 | 23.9 | 1.7 | 0.76% | 1.23% |
| XPO | XPO Logistics, Inc. | 2.89% | 54.9 | 27.0 | 2.5 | — | 0.70% |
| INSW | International Seaways, Inc. | 2.70% | 7.0 | 15.1 | 4.3 | 7.44% | 5.10% |
| DHT | DHT Holdings, Inc. | 2.54% | 8.0 | 9.2 | 4.8 | 20.68% | 4.19% |
| CHRW | C.H. Robinson Worldwide, Inc. | 2.54% | 26.6 | 21.5 | 1.0 | 1.81% | 1.26% |
| SBLK | Star Bulk Carriers Corp. | 2.19% | 10.9 | 7.1 | 2.7 | 6.77% | 2.67% |
| ZIM | ZIM Integrated Shipping Services Ltd. | 2.18% | 25.4 | — | 0.5 | — | 1.14% |
| CMBT | CMB.TECH NV | 2.17% | — | — | — | — | — |
| TRMD-A | TORM plc | 2.12% | — | — | — | — | — |
| HAFN | Hafnia Limited | 2.08% | 7.8 | 12.1 | 2.0 | 11.10% | 3.56% |
| TNK | Teekay Tankers Ltd. | 2.07% | 5.8 | 8.3 | 2.9 | 1.03% | 4.70% |
| LPG | Dorian LPG Ltd. | 2.06% | 7.1 | 5.4 | 4.0 | 6.25% | 3.85% |
| NAT | Nordic American Tankers Limited | 1.98% | 13.0 | 14.0 | 4.4 | 14.10% | 2.02% |
| STNG | Scorpio Tankers Inc. | 1.98% | 5.1 | 15.6 | 3.4 | 2.21% | 5.17% |
| GXO | GXO Logistics, Inc. | 1.98% | 41.8 | 13.2 | 0.4 | — | 0.63% |
| DAC | Danaos Corporation | 1.90% | 5.4 | 2.3 | 2.7 | 2.53% | 4.72% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About HULL valuation
Adding up its 38 holdings with company data, HULL trades at 11.6 times trailing earnings and 10.8 times analysts' forward estimates, with a price-to-book ratio of 1.94 and a dividend yield of 3.93%. Its earnings yield of 8.62% is 3.29 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.6% of the fund and earn 33.0% of its combined profit. By sector, Consumer Cyclical is the most expensive at 20.1 times earnings and Energy the cheapest at 8.4. Companies that lost money over the past year are 0.0% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 87.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: HULL chart, HULL holdings.
HULL valuation FAQ
What is the P/E ratio of HULL?
Based on its holdings, HULL has a trailing P/E of 11.6 and a forward P/E of 10.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of HULL?
The trailing earnings yield is 8.62% (1 ÷ P/E) and the forward earnings yield 9.30%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is HULL more expensive than the S&P 500?
HULL trades at 11.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.8 and 19.9.
What is the price-to-book ratio of HULL?
The holdings of HULL trade at 1.94 times book value, with a combined return on equity of 16.8%.
Which sector in HULL has the highest P/E?
Consumer Cyclical has the highest P/E at 20.1 and Energy the lowest at 8.4.