AWAY tracks the Prime Travel Technology Index, designed to measure the performance of technology companies that are working to usher in a new era of global travel and tourism.
- The first ETF to give investors direct access to the technology-focused global travel and tourism industry
- Global travel and tourism as a category is one of the largest economic sectors, constituting 10.4% of global GDP1
- One out of every three millennials are willing to spend $5,000 or more on a vacation2
About the Fund
The ETFMG Travel Tech ETF (AWAY) is a portfolio of companies that are a subset of the global travel and tourism industry. These companies are engaged in the “Travel Technology Business” by providing technology via the internet and internet-connected devices to facilitate travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice. AWAY is an exchange traded fund (ETF) that seeks investment results that correspond generally to the price and yield, before fund fees and expenses, of the Prime Travel Technology Index.
About the Index
The Index has been created to provide investors with a reference measure that enables them to track both event-driven news and long-term trends of travel technology companies. The index’s ticker symbol is PTRAVEL.
Travel Technology companies are a subset of the global travel and tourism industry that are engaged in “Travel Technology Business.” Travel Technology Business is defined as providing technology, via the internet and internet-connected devices such as mobile phones, to facilitate the following categories: travel bookings and reservations, ride sharing and hailing, travel price comparison, and travel advice. These companies operate both direct to consumers and as providers to businesses. Companies with products and services that are predominantly tied to any of the categories of Travel Technology Business are collectively called “Travel Technology Companies.”
Travel Tech Universe
Prime Indexes creates financial indexes that solve problems for both professional and self-directed investors. Prime Indexes are used as the basis for innovative new investment solutions for investors and use intuitive design principles so that new investment products can ultimately provide low-cost, efficient, and convenient access.
For more information, visit primeindexes.com
Last Updated 4/7/2020
ETFMG Travel Tech ETF
Market Price Changes
Market Price Close
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Month End Performance
Last Updated 03/31/2020
|Since Inception Cumulative||-42.91||-42.80|
|Since Inception Annualized||-||-|
Quarter End Performance
|Since Inception Cumulative|
|Since Inception Annualized|
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the Funds may be lower or higher than the performance quoted. All performance is historical and includes reinvestment of dividends and capital gains. Performance data current to the most recent month end may be obtained by calling 1-844-ETF-MGRS (1-844-383-6477).
Top 10 Holdings
Last Updated 4/7/2020
|Name||% Total Assets||Ticker||Shares Held||Market Value USD|
|UBER TECHNOLOGIES INC||12.40%||UBER||6,654||$172,937.46|
|BOOKING HLDGS INC||9.53%||BKNG||98||$132,954.64|
|AMADEUS IT GROUP||6.35%||AMS SM||1,850||$88,514.74|
|TONGCHENG ELONG HL||5.98%||780 HK||59,268||$83,341.44|
|TRAVELSKY TECHNOLO||5.13%||696 HK||39,812||$71,493.65|
|TRAINLINE PLC||4.64%||TRN LN||16,770||$64,682.44|
|EXPEDIA GROUP INC||3.94%||EXPE||1,041||$54,996.03|
|TEMAIRAZU INC||3.90%||2477 JP||1,600||$54,444.70|
Fund holdings and sector allocations are subject to change at any time and should not be considered recommendations to buy or sell any security.