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ETFs

Defiance Hotel, Airline, and Cruise ETF

CRUZ
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Jun 3, 2021
Expense Ratio
0.45%
Type
Global Equities
Fund Owner
Defiance ETFs
Volume (1m avg. daily)
$612,264
AUM
$43,956,217
Associated Index
BlueStar Global Hotels, Airlines, and Cruises Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus
View

Top 10 Holdings

HLT
Hilton Worldwide Holdings Inc
8.26%
MAR
Marriott International, Inc. - Ordinary Shares - Class A
8.02%
DAL
Delta Air Lines, Inc.
6.99%
RCL
Royal Caribbean Group
6.08%
CCL
Carnival Corp. - Ordinary Shares (Paired Stock)
5.82%
RYAAY
Ryanair Holdings Plc - ADR
3.98%
LUV
Southwest Airlines Co
3.63%
UAL
United Airlines Holdings Inc
3.31%
IHG
Intercontinental Hotels Group - ADR
3.04%
HTHT
H World Group Limited - ADR
2.68%
Invest with CRUZ

What is CRUZ?

The Fund uses a passive management (or indexing) approach to track the total return performance, before fees and expenses of BlueStar Global Hotels, Airlines, and Cruises Index. The Index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries ( Travel Companies ) as determined by MV Index Solutions (the Index Provider ). The Index may include companies in developed countries, including the United States, as well as emerging market countries. To be added to the Index, an Index component must meet the Index s investibility and liquidity requirements, including a market capitalization greater than or equal to US$150 million, and once included in the Index, companies are eligible to remain in the Index at reduced investibility and liquidity threshold.

ETFs related toCRUZ

ETFs correlated to CRUZ include JETS, PEJ, RSPD

CRUZ
ETF Series Solutions Trust - Defiance Hotel, Airline, and Cruise ETF
JETS
ETF Series Solutions Trust - ESS U.S.Global Jets ETF
PEJ
Invesco Capital Management LLC - Invesco Leisure and Entertainment ETF
RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
XTN
SPDR Series Trust - SPDR S&P Transportation ETF
FXD
First Trust Exchange-Traded Fund III - First Trust Consumer Discretionary AlphaDEX Fund
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SCHM
Schwab Strategic Trust - Schwab U.S. Mid-Cap ETF
VXF
Vanguard Group, Inc. - Vanguard Extended Market Index ETF
IYT
BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation 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 toCRUZ

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with CRUZ using Composer

FAQ

CRUZ is a Global Equities ETF. The Fund uses a passive management (or indexing) approach to track the total return performance, before fees and expenses of BlueStar Global Hotels, Airlines, and Cruises Index. The Index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries ( Travel Companies ) as determined by MV Index Solutions (the Index Provider ). The Index may include companies in developed countries, including the United States, as well as emerging market countries. To be added to the Index, an Index component must meet the Index s investibility and liquidity requirements, including a market capitalization greater than or equal to US$150 million, and once included in the Index, companies are eligible to remain in the Index at reduced investibility and liquidity threshold.

CRUZ tracks the BlueStar Global Hotels, Airlines, and Cruises Index.

No, CRUZ 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, CRUZ 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 CRUZ is -0.0607%. This is the percent change in the value of CRUZ over the most recent 1-month period. The 3-month return on CRUZ is -0.071%. This is the percent change in the value of CRUZ over the most recent 3-month period.

The standard deviation of CRUZ for the past year is 0.2412%. 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 CRUZ include IXJ, SMH, and URA.

ETFs correlated to CRUZ include JETS, PEJ, and RSPD.

ETFs that are inversely correlated to CRUZ include HIBS, SRTY, and TWM.

Disclaimers

*

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.