Leisure And Entertainment
Of course, in addition to travel, people spend a lot of money on other things during the holidays, including resorts, cruises, and other forms of entertainment. The PowerShares Dynamic Leisure and Entertainment ETF (PEJ | B-17) offers exposure to this sector by holding companies like Disney and Carnival, in addition to airlines such as Delta and American.
PEJ weights its holdings based on several factors, attempting to outperform the traditional market-cap-weighting approach. So far this year, the ETF is up 6.5 percent.
YTD Return For PEJ
Contact Sumit Roy at [email protected].