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AWAY is the first ETF to provide access to the technology-focused global travel and tourism industry. It is a passively managed portfolio of companies that, via the internet and internet-connected devices, facilitates travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice. To be eligible for inclusion, descriptions of a companys primary business activities in its regulatory filings must be related to travel tech, and the majority of its revenue, according to its financial reports and other filings, must be derived from travel technology business…
Is AWAY's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Amplify Travel Tech ETF (NYSEARCA:AWAY - Get Free Report) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 27,037 shares, an increase of 97.2% from the August 31st total of 13,711 shares. Approximately 2.0% of the company's stock are short sold. Based on
ETFs like AWAY are riding on "funflation" as consumers keep spending on hobbies, travel, music and leisure despite higher prices.
July 4 travel is set to stay strong despite inflation and high gas prices. These ETFs could benefit from holiday spending trends.
As the political landscape and high stock valuations in the U.S. lead investors to seek new international markets to invest in, MFS Investment Management has launched a new emerging markets ETF that is actively managed.
I assign a 'stay away' rating to the U.S. Global Jets ETF, preferring selective stock-picking over broad sector exposure. JETS is heavily concentrated in the Big 4 US airlines, with 42% allocation, and charges a relatively high 60 bps management fee. I project US airline revenues to grow less than 5% over the next four quarters, with business conditions remaining steady but not exceptional.