Travel & Leisure ETFs Jump On Vaccine Optimism

ETFs That Gained

Given this, ETFs that track stocks in these sectors jumped the most on the day. Below we have highlighted them in detail below:

U.S. Global Jets ETF (JETS - Free Report) – Up 7.7%

This fund provides exposure to the global airline industry, including airline operators and manufacturers from all over the world, by tracking the U.S. Global Jets Index. In total, the product holds 40 securities and charges investors 60 bps in annual fees. The fund has gathered $1.2 billion in its asset base while seeing solid trading volume of nearly 3.7 million shares a day. It has a Zacks ETF Rank #4 (Sell) with a High risk outlook.

Invesco Dynamic Leisure and Entertainment ETF (PEJ - Free Report) – Up 5.4%

This fund tracks the Dynamic Leisure and Entertainment Intellidex Index and holds a small basket of 32 stocks. From an industry look, broadcasting and airlines take the largest share at 26.2% and 21.2%, respectively, while restaurants & bars round off the next spot with double-digit exposure. The ETF has amassed $232.9 million in its asset base and trades in average daily volume of 209,000 shares. PEJ charges 63 bps in annual fees and has a Zacks ETF Rank #4 with a High risk outlook.

ETFMG Travel Tech ETF (AWAY - Free Report) – Up 4.4%

This is the first ETF that offers direct access to the technology-focused global travel and tourism industry. It follows the Prime Travel Technology Index, charging investors 75 bps in annual fees. The fund holds 29 stocks in its basket with travel bookings & reservations companies accounting for 45% of assets, followed by 19.3% share in riding sharing & hailing firms. AWAY has accumulated $8.3 million in its asset base and trades in average daily volume of 13,000 shares.

SPDR S&P Transportation ETF (XTN - Free Report) – Up 4.3%

This fund targets the broad transportation sector and tracks the S&P Transportation Select Industry Index. It holds 42 stocks in its basket with 36% of the portfolio is dominated by trucking and air freight & logistics, and airlines take 25.2% and 22% share, respectively. With AUM of $195.2 million, the fund charges 35 bps in fees per year from investors and trades in a lower volume of around 46,000 shares a day. It has a Zacks ETF Rank #4 with a High risk outlook.

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