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ETFs

ETFMG Travel Tech ETF

AWAY
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Feb 12 2020
Expense Ratio
0.76%
Type
Global Equities
Fund Owner
ETF Managers Group
Volume (1m avg. daily)
$514,310
AUM
$103,552,470
Associated Index
Prime Travel Technology Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

ABNB
Airbnb Inc - Ordinary Shares - Class A
4.78%
TRN
Trainline Plc
4.77%
BKNG
Booking Holdings Inc
4.69%
TRIP
TripAdvisor Inc.
4.50%
UBER
Uber Technologies Inc
4.47%
EXPE
Expedia Group Inc
4.43%
780
Tongcheng Travel Holdings Limited
4.27%
696
Travelsky Technology - Ordinary Shares - Class H
4.22%
EDR
Edreams Odigeo S.A.
4.07%
MMYT
MakeMyTrip Ltd
4.06%
Invest with AWAY

What is AWAY?

AWAY is an exchange traded fund (ETF) that seeks investment results that correspond generally to the price and yield, before fund fees and expenses, of the Prime Travel Technology Index. The ETFMG Travel Tech ETF (AWAY) is a portfolio of companies that are a subset of the global travel and tourism industry. These companies are engaged in the Travel Technology Business by providing technology via the internet and internet-connected devices to facilitate travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice.

ETFs related toAWAY

ETFs correlated to AWAY include XAUG, IBUY, CGXU

AWAY
ETF Managers Trust - ETFMG Travel Tech ETF
XAUG
First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
IBUY
Amplify ETF Trust - Amplify Online Retail ETF
CGXU
Capital Group Companies Inc - Capital Group International Focus Equity ETF
IRBO
BlackRock Institutional Trust Company N.A. - iShares Robotics and Artificial Intelligence Multisector ETF
VSGX
Vanguard Group, Inc. - Vanguard ESG International Stock ETF
IXUS
BlackRock Institutional Trust Company N.A. - iShares Core MSCI Total International Stock ETF
VXUS
Vanguard Group, Inc. - Vanguard Total International Stock ETF
CWI
SSgA Active Trust - SPDR MSCI ACWI ex-US ETF
ACWX
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ex US ETF
VEU
Vanguard Group, Inc. - Vanguard FTSE All-World ex-US ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toAWAY

#DPE

Diversify with Private Equity

Category

Getting Started, Go Global, Diversification

Risk Rating

Moderate

#DGE

Diversify with Global Exposure

Category

Momentum, Tactical Asset Allocation, Go Global, Diversification

Risk Rating

Aggressive

Create your own algorithmic trading strategy with AWAY using Composer

FAQ

AWAY is a Global Equities ETF. AWAY is an exchange traded fund (ETF) that seeks investment results that correspond generally to the price and yield, before fund fees and expenses, of the Prime Travel Technology Index. The ETFMG Travel Tech ETF (AWAY) is a portfolio of companies that are a subset of the global travel and tourism industry. These companies are engaged in the Travel Technology Business by providing technology via the internet and internet-connected devices to facilitate travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice.

AWAY tracks the Prime Travel Technology Index.

No, AWAY is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, AWAY is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on AWAY is -0.0372%. This is the percent change in the value of AWAY over the most recent 1-month period. The 3-month return on AWAY is -0.0024%. This is the percent change in the value of AWAY over the most recent 3-month period.

The standard deviation of AWAY for the past year is 0.2503%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to AWAY include IXJ, SMH, and URA.

ETFs correlated to AWAY include XAUG, IBUY, and CGXU.

ETFs that are inversely correlated to AWAY include HIBS, EDZ, and EFZ.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.