CRUZDefiance Hotel, Airline, and Cruise ETF
CRUZ Fund Description
CRUZ tracks a modified market-cap-weighted index that gives global exposure to the airline, hotel and cruise industries.
CRUZ Factset Analytics Insight
CRUZ provides pure-play exposure to three segments of the travel and tourism business—airline, hotel and resort, and cruise. The fund holds at least 25 globally-listed stocks of companies that derive at least 50% of their revenue from the three business segments. Eligible companies must also meet investability and liquidity requirements, including a minimum market-cap of $150 million. Weighting is done in tiers, holdings are weighted by market-cap within each segment, subject to a liquidity overlay and an 8% single security cap. Each segment is also restricted to an aggregate portfolio weight of 15—50%. The index is reconstituted semi-annually and rebalanced quarterly.
CRUZ MSCI ESG Analytics Insight
Defiance Hotel, Airline, and Cruise ETF has an MSCI ESG Fund Rating of undefined based on a score of 3.76 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. Defiance Hotel, Airline, and Cruise ETF ranks in the 9th percentile within its peer group and in the 18th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CRUZ Portfolio Data
CRUZ Index Data
CRUZ Portfolio Management
CRUZ Tax Exposures
CRUZ Fund Structure
CRUZ Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CRUZ. CRUZ is rated a 4 out of 5.
CRUZ Top 10 Holdings[View All]
CRUZ Economic Development
CRUZ Performance Statistics
CRUZ MSCI ESG Ratings
CRUZ Benchmark Comparison Summary
CRUZ Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.