JRNYALPS Global Travel Beneficiaries ETF
JRNY Fund Description
JRNY tracks an index of companies involved in the global travel industry. The fund selects and weights securities based on market-cap, quality, and growth.
JRNY Factset Analytics Insight
JRNY is passively managed to provide broad exposure to the travel and leisure business. It includes four segments: (i) airlines & airport services, (ii) hotels, casinos, & cruise, (iii) booking & rental agencies, and (iv) ancillary beneficiaries (other companies identified by an NLP algorithm to benefit from global travel). To be included in the portfolio, eligible companies must be principally engaged in or derive more than 20% revenue from any segment. Securities are selected and weighted by ranking each company’s market-cap scaled by their quality (free cash flow to revenue) and growth (future short-term growth in EPS) scores. The top 20 stocks per segment are selected with at least one stock included from each of the following regions: US & Canada, Europe, Pacific, and Emerging Markets. Individual weights and region weights are capped at 4.5% and 65%, respectively. The index is reconstituted and rebalanced on a quarterly basis.
JRNY Portfolio Data
JRNY Index Data
JRNY Portfolio Management
JRNY Tax Exposures
JRNY Fund Structure
JRNY Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JRNY. JRNY is rated a N/A out of 5.
JRNY Top 10 Holdings[View All]
JRNY Performance Statistics
JRNY Benchmark Comparison Summary
JRNY 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.