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ETFs

ALPS Global Travel Beneficiaries ETF

JRNY
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Sep 07 2021
Expense Ratio
0.65%
Type
Global Equities
Fund Owner
ALPS
Volume (1m avg. daily)
$4,123
AUM
$5,936,123
Associated Index
S-Network Global Travel Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

DIS
Walt Disney Co (The)
4.69%
MC
Lvmh Moet Hennessy Vuitton SE
4.68%
HLT
Hilton Worldwide Holdings Inc
4.62%
BKNG
Booking Holdings Inc
4.59%
AXP
American Express Co.
4.54%
MAR
Marriott International, Inc. - Ordinary Shares - Class A
4.52%
UBER
Uber Technologies Inc
4.46%
4661
Oriental Land Co. Ltd.
4.42%
EL
Estee Lauder Cos., Inc. - Ordinary Shares - Class A
4.41%
ABNB
Airbnb Inc - Ordinary Shares - Class A
4.29%
Invest with JRNY

What is JRNY?

The ALPS Global Travel Beneficiaries ETF (JRNY) tracks the S-Network Global Travel Index, which is designed to identify exchange-traded stocks of companies that are materially engaged in the global travel industry. Relevant companies include airlines, hotels, casinos and cruise lines, companies that support those industries such as booking and rental agencies, and companies that stand to benefit from the overall global travel industry such as luxury retail and leisure activities.

ETFs related toJRNY

ETFs correlated to JRNY include VT, SPGM, PEJ

JRNY
ALPS Fund Services - ALPS Global Travel Beneficiaries ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SPGM
SSgA Active Trust - SPDR Portfolio MSCI Global Stock Market ETF
PEJ
Invesco Capital Management LLC - Invesco Leisure and Entertainment ETF
ACWI
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI ETF
CRBN
BlackRock Institutional Trust Company N.A. - iShares MSCI ACWI Low Carbon Target ETF
RSPD
Invesco Capital Management LLC - Invesco S&P 500 Equal Weight Consumer Discretionary ETF
HIBL
Direxion Shares ETF Trust - Direxion Daily S&P 500 High Beta Bull 3X Shares
SPHB
Invesco Capital Management LLC - Invesco S&P 500 High Beta ETF
AOA
BlackRock Institutional Trust Company N.A. - iShares Core Aggressive Allocation ETF
CGGO
Capital Group Companies Inc - Capital Group Global Growth 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.

Automated Strategies
Related toJRNY

#DSS

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Category

Grow Your Portfolio, Diversification

Risk Rating

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#PTC

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Category

Living With High Inflation, Ride the Momentum

Risk Rating

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Create your own algorithmic trading strategy with JRNY using Composer

FAQ

JRNY is a Global Equities ETF. The ALPS Global Travel Beneficiaries ETF (JRNY) tracks the S-Network Global Travel Index, which is designed to identify exchange-traded stocks of companies that are materially engaged in the global travel industry. Relevant companies include airlines, hotels, casinos and cruise lines, companies that support those industries such as booking and rental agencies, and companies that stand to benefit from the overall global travel industry such as luxury retail and leisure activities.

JRNY tracks the S-Network Global Travel Index.

No, JRNY 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, JRNY 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 JRNY is -0.0424%. This is the percent change in the value of JRNY over the most recent 1-month period. The 3-month return on JRNY is -0.065%. This is the percent change in the value of JRNY over the most recent 3-month period.

The standard deviation of JRNY for the past year is 0.204%. 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 JRNY include IXJ, SMH, and URA.

ETFs correlated to JRNY include VT, SPGM, and PEJ.

ETFs that are inversely correlated to JRNY include HIBS, EFZ, and EPV.

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.