SEA.P Gets Bullish Signal as Capital Flees

ETF Overview and Capital Flows

SEA.P, the U.S. Global Sea to Sky Cargo ETF, targets global water and air cargo companies. It uses a rules-based approach, weighting stocks in fixed tiers based on fundamental scores. Recent capital flows show a net outflow of $30.3 million on February 4, 2026, with block and institutional orders driving the bulk of the exodus.

Technical Signals and Market Setup

A KDJ Golden Cross formed for SEA.P on February 6, signaling potential short-term bullish momentum. This stochastic oscillator pattern often precedes price extensions in volatile sectors. That said, no RSI overbought signals or MACD crossovers are currently active to confirm a strong trend.

Peer ETF Snapshot

• AGGH.P charges 0.3% expense ratio with $375M AUM.
• APMU.P has 0.37% expense ratio and $216M AUM.
• AGG.P, the largest peer, holds $138B with a 0.03% cost.
• ACVT.P, a smaller rival, has 0.65% expense ratio and just $28M AUM.

Opportunities and Structural Constraints

SEA.P’s niche focus on cargo logistics offers exposure to trade recovery themes, while the KDJ signal suggests near-term buying interest. Structural constraints include its 0.6% expense ratio, which exceeds peers like AGG.P, and recent outflows that may reflect sector-specific profit-taking. At the end of the day, investors must weigh technical optimism against underlying fund flows and competitive costs.