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ETFMG 2x Daily Travel Tech ETF

AWYX
$--
Today’s Change
-- (--)

Snapshot
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Inception Date
Jun 15 2021
Expense Ratio
0.95%
Type
Global Equities
Fund Owner
ETF Managers Group
Volume (1m avg. daily)
$765
AUM
$333,575
Associated Index
Prime Travel Technology Index
Inverse/Leveraged
Leveraged (2x)
Passive/Active
Passive
Dividend
No
Prospectus

Top 10 Holdings

AWAY
ETF Managers Trust - ETFMG Travel Tech ETF
189.63%
n/a
Cash & Other
-89.66%
Invest with AWYX

What is AWYX?

AWYX seeks daily investment results, before fees and expenses, of 200% of the performance of the Prime Travel Technology Index NTR, designed to give exposure to technology companies that are working to usher in a new era of global travel and tourism. This leveraged ETF seeks a return that is 200% the return of its benchmark index for a single day. The Fund should not be expected to provide 2x the return of the benchmark s cumulative return for periods greater than a day. There is no guarantee the Fund will meet its stated investment objective.

ETFs related toAWYX

ETFs correlated to AWYX include CLOZ, AWAY, EMCH

AWYXETF Managers Trust - ETFMG 2X Daily Travel Tech ETF 2x Shares
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
AWAYETF Managers Trust - ETFMG Travel Tech ETF
EMCHEmerge ETF Trust - Emerge EMPWR Sustainable Emerging Markets Equity ETF
DFSEDimensional ETF Trust - Dimensional Emerging Markets Sustainability Core 1 ETF
XCWisdomTree Trust - WisdomTree Emerging Markets Ex-China
BPAYBlackRock ETF Trust - BlackRock Future Financial and Technology ETF
JRNYALPS Fund Services - ALPS Global Travel Beneficiaries ETF
OAEMUnified Series Trust - OneAscent Emerging Markets ETF
EMPWEmerge ETF Trust - Emerge EMPWR Unified Sustainable Equity ETF
PPIEPutnam ETF Trust - Putnam PanAgora ESG International Equity 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.

Disclaimers

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We show information directly obtained from our data provider, XigniteData 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 providerInformation 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.