AWAYETFMG Travel Tech ETF
AWAY Fund Description
AWAY tracks an index of global travel technology companies that are fundamentally screened and are weighted based on market cap and liquidity.
AWAY Factset Analytics Insight
AWAY is the first ETF to provide access to 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 identified as index constituents, companies must derive majority of their revenue from travel technology business activities, in which those activities are assessed by the index provider from their regulatory filings and other financial reports. The fund uses proprietary weighting methodology that weights securities based on market capitalization and average daily value traded. The larger and more frequently traded companies will receive a higher score compared to smaller and less traded companies. The three companies receiving the highest score will each receive a weight of 8%, while the next three companies receive 6% weight each and all excess weight is distributed across the remaining securities. The Index is reconstituted and rebalanced during its semi-annual review.
AWAY MSCI ESG Analytics Insight
ETFMG Travel Tech ETF has an MSCI ESG Fund Rating of BB based on a score of 3.08 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ETFMG Travel Tech ETF ranks in the 5th percentile within its peer group and in the 16th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
AWAY Portfolio Data
AWAY Index Data
AWAY Portfolio Management
AWAY Tax Exposures
AWAY Fund Structure
AWAY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of AWAY. AWAY is rated a 3 out of 5.
AWAY Sector/Industry Breakdown
AWAY Economic Development
AWAY Performance Statistics
AWAY MSCI ESG Ratings
AWAY Benchmark Comparison Summary
AWAY Benchmark Comparison Market Cap Size