Defiance Hotel, Airline, and Cruise ETF (CRUZ)
|Day's Range||21.85 - 22.22|
|Inception Date||Jun 2, 2021|
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. Under normal circumstances, the fund invests at least 80% of its net assets (plus borrowings for investment purposes) in Travel Companies. The fund is non-diversified.
Top 10 Holdings54.18% of assets
|Hilton Worldwide Holdings||HLT||7.23%|
|Delta Air Lines||DAL||6.43%|
|Royal Caribbean Cruises||RCL||5.94%|
|Southwest Airlines Company||LUV||5.46%|
|United Airlines Holdings||UAL||3.74%|
|Norwegian Cruise Line Holdings||NCLH||3.04%|
|American Airlines Group||AAL||3.03%|
Investors poured in more than $43 billion into money market funds last week. However, we may witness outflows from cash-like ETFs ahead as January Effect may boost the asset generation in high-beta ones.
Investors jumped to flock stocks at bargain prices after the worst two-day drop in more than a year.
Now that many countries have eased travel restrictions, several travel stocks are gaining momentum as the holiday season approaches. The post 7 Travel Stocks to Pack in Your Portfolio Ahead of Holiday T...
The United States will likely loosen travel restrictions for international visitors who are vaccinated against Covid-19 in November. This should boost travel ETFs
Will pent-up demand for travel meet expectations, or get grounded again?
After being confined to our homes for over a year, it's time to consider more traveling and reconnecting. On Friday, Defiance ETFs launched the Hotels, Airlines, and Cruise ETF ($CRUZ) – “the travel reo...