Skip to Content

AdvisorShares Hotel ETF

BEDZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 20 2021
Expense Ratio
0.99%
Type
US Equities
Fund Owner
Advisor Shares
Volume (1m avg. daily)
$21,278
AUM
$5,276,700
Associated Index
None
Inverse/Leveraged
No
Passive/Active
Active
Dividend
No
Prospectus

Top 10 Holdings

TH
Target Hospitality Corp - Ordinary Shares - Class A
15.32%
n/a
BLACKROCK TREASURY TRUST INSTL 62
6.15%
H
Hyatt Hotels Corporation - Ordinary Shares - Class A
5.00%
HGV
Hilton Grand Vacations Inc
4.93%
CLDT
Chatham Lodging Trust
4.93%
WH
Wyndham Hotels & Resorts Inc
4.67%
GLPI
Gaming and Leisure Properties Inc
4.67%
APLE
Apple Hospitality REIT Inc
4.54%
VICI
VICI Properties Inc
4.51%
EXPE
Expedia Group Inc
4.41%
Invest with BEDZ

What is BEDZ?

The Fund is an actively managed exchange-traded fund ( ETF ) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of companies that derive at least 50% of their net revenue from the hotel business. The Fund defines companies in the hotel business as those in the Hotels, Resorts & Cruise Lines Sub-Industry, which consists of owners and operators of hotels (generally excluding casino-hotels), resorts, and cruise-ships and includes travel agencies, tour operators and related services not classified elsewhere. The Fund may also invest in companies involved in other lodging and travel-related services. The Fund invests primarily in U.S. exchange listed equity securities, including common and preferred stock and American Depositary Receipts ( ADRs ). ADRs are securities traded on a local stock exchange that represent interests in securities issued by a foreign publicly listed company. The investment strategy typically identifies a wide variety of large- and mid-capitalization stocks. The Fund also may invest in small- and micro-cap stocks. The Fund will concentrate at least 25% of its investments in the Hotels, Restaurants & Leisure Industry within the Consumer Discretionary Sector. The Fund is non-diversified and may invest a greater percentage of its assets in a particular issuer than a diversified fund.

ETFs related toBEDZ

ETFs correlated to BEDZ include CLOZ, HOTL, PEJ

BEDZAdvisorshares Trust - AdvisorShares Hotel ETF
CLOZSeries Portfolios Trust - Panagram BBB-B CLO ETF
Expense Ratio0.50%
Correlation (1yr)1.00
Return (3mo)0.00%
Volume (avg daily 1m)NaN
HOTLKelly Strategic ETF Trust - Kelly Hotel & Lodging Sector ETF
PEJInvesco Capital Management LLC - Invesco Dynamic Leisure and Entertainment ETF
OOTODirexion Funds - Direxion Daily Travel & Vacation Bull 2X Shares
JRNYALPS Fund Services - ALPS Global Travel Beneficiaries ETF
CRUZETF Series Solutions Trust - Defiance Hotel, Airline, and Cruise ETF
VICEAdvisorshares Trust - AdvisorShares Vice ETF
BBMCJ.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders U.S. Mid Cap Equity ETF
RCDInvesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
FSMOFidelity Covington Trust - Fidelity Small-Mid Cap Opportunities 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

*

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.