AWAY vs. BEDZ

Last updated Jun 4, 2026

AWAY (ETFMG Travel Tech ETF) and BEDZ (AdvisorShares Hotel ETF) are both Consumer Discretionary Equities funds. AWAY is passively managed, while BEDZ is actively managed. Over the past 5 years, AWAY returned -11.20%/yr vs 7.19%/yr for BEDZ. A 0.75 correlation means they provide meaningful diversification when combined. AWAY charges 0.75%/yr vs 0.99%/yr for BEDZ.

Performance

AWAY vs. BEDZ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and AdvisorShares Hotel ETF (BEDZ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AWAY achieves a -16.40% return, which is significantly lower than BEDZ's 4.81% return.

AWAY

• 1D: -2.20%
• 1M: -1.42%
• YTD: -16.40%
• 6M: -17.29%
• 1Y: -18.42%
• 3Y*: 0.30%
• 5Y*: -11.20%
• 10Y*: —

BEDZ

• 1D: -0.28%
• 1M: 5.98%
• YTD: 4.81%
• 6M: 8.87%
• 1Y: 17.99%
• 3Y*: 13.23%
• 5Y*: 7.19%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AWAY vs. BEDZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AWAY ETFMG Travel Tech ETF	-16.40%	-3.36%	10.44%	17.94%	-32.25%	-18.17%
BEDZ AdvisorShares Hotel ETF	4.81%	3.46%	18.31%	23.88%	-13.40%	6.49%

Correlation

The correlation between AWAY and BEDZ is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.70
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021	0.75

The correlation between AWAY and BEDZ has been stable across timeframes, ranging from 0.70 to 0.75 - a consistent structural relationship.

AWAY vs. BEDZ - Sectors Allocation Comparison

Sectors	AWAY	BEDZ
Consumer Cyclical	63.7%	51.9%
Technology	30.0%	-
Communication Services	4.0%	1.5%
Industrials	1.0%	4.1%
Financial Services	0.2%	-
Basic Materials	-	-
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	-
Real Estate	-	42.2%
Utilities	-	-

Return for Risk

AWAY vs. BEDZ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AWAY

AWAY Risk / Return Rank: 3
AWAY Sharpe Ratio Rank: 2
AWAY Sortino Ratio Rank: 3
AWAY Omega Ratio Rank: 3
AWAY Calmar Ratio Rank: 4
AWAY Martin Ratio Rank: 3

BEDZ

BEDZ Risk / Return Rank: 26
BEDZ Sharpe Ratio Rank: 25
BEDZ Sortino Ratio Rank: 26
BEDZ Omega Ratio Rank: 24
BEDZ Calmar Ratio Rank: 31
BEDZ Martin Ratio Rank: 25

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AWAY vs. BEDZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and AdvisorShares Hotel ETF (BEDZ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AWAY	BEDZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	0.89	-1.72
Sortino ratio: Return per unit of downside risk	-1.07	1.43	-2.49
Omega ratio: Gain probability vs. loss probability	0.88	1.16	-0.29
Calmar ratio: Return relative to maximum drawdown	-0.56	1.50	-2.06
Martin ratio: Return relative to average drawdown	-1.13	3.50	-4.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AWAY vs. BEDZ - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.83, which is lower than the BEDZ Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of AWAY and BEDZ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AWAY	BEDZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	0.89	-1.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	0.29	-0.71
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.31	-0.49

Drawdowns

AWAY vs. BEDZ - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, which is greater than BEDZ's maximum drawdown of -29.70%. Use the drawdown chart below to compare losses from any high point for AWAY and BEDZ.

Drawdown Indicators

	AWAY	BEDZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-29.70%	-26.87%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-12.06%	-20.77%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-28.31%	-4.52%
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	-29.70%	-22.79%
Current Drawdown Current decline from peak	-49.57%	-0.55%	-49.02%
Average Drawdown Average peak-to-trough decline	-36.15%	-8.08%	-28.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.33%	5.15%	+11.18%

Volatility

AWAY vs. BEDZ - Volatility Comparison

ETFMG Travel Tech ETF (AWAY) has a higher volatility of 7.18% compared to AdvisorShares Hotel ETF (BEDZ) at 5.12%. This indicates that AWAY's price experiences larger fluctuations and is considered to be riskier than BEDZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	BEDZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	5.12%	+2.06%
Volatility (6M) Calculated over the trailing 6-month period	17.95%	15.09%	+2.86%
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	20.29%	+2.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	24.88%	+1.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	24.84%	+6.97%

AWAY vs. BEDZ - Expense Ratio Comparison

AWAY has a 0.75% expense ratio, which is lower than BEDZ's 0.99% expense ratio.

Dividends

AWAY vs. BEDZ - Dividend Comparison

AWAY has not paid dividends to shareholders, while BEDZ's dividend yield for the trailing twelve months is around 2.20%.

Position	TTM	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	0.00%	0.00%	0.28%	0.00%	0.00%	0.00%	0.04%
BEDZ AdvisorShares Hotel ETF	2.20%	2.31%	0.00%	1.67%	0.21%	0.36%	0.00%

Frequently Asked Questions

Can I hold both AWAY and BEDZ in my portfolio?

AWAY and BEDZ have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AWAY or BEDZ?

AWAY has higher volatility (7.18%) compared to BEDZ (5.12%). In terms of maximum drawdown, AWAY dropped -56.57% vs BEDZ's -29.70%.

Which ETF is better, AWAY or BEDZ?

On 5-year performance, BEDZ leads with 7.19% vs -11.20% for AWAY. On fees, AWAY is cheaper at 0.75% per year. On volatility, BEDZ has been the lower-risk option at 5.12%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or BEDZ?

Over the 5-year period, BEDZ has performed better with a 7.19% return vs -11.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AWAY or BEDZ?

AWAY is cheaper with a 0.75% expense ratio, compared with 0.99% for BEDZ.

Which ETF pays a higher dividend yield, AWAY or BEDZ?

BEDZ has the higher dividend yield at 2.20%, compared with 0.00% for AWAY.

What is the main difference between AWAY and BEDZ?

They also come from different issuers: ETFMG and AdvisorShares. Their fees differ too: 0.75% for AWAY and 0.99% for BEDZ.

Which has better risk-adjusted returns?

BEDZ currently has the higher Sharpe Ratio (0.89 vs -0.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.