AWAY vs. CRUZ
Compare and contrast key facts about ETFMG Travel Tech ETF (AWAY) and Defiance Hotel, Airline, and Cruise ETF (CRUZ).
AWAY and CRUZ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AWAY is a passively managed fund by ETFMG that tracks the performance of the Prime Travel Technology Index. It was launched on Feb 12, 2020. CRUZ is a passively managed fund by Defiance that tracks the performance of the BlueStar Hotels, Airlines, and Cruises. It was launched on Jun 3, 2021. Both AWAY and CRUZ are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AWAY or CRUZ.
Key characteristics
| AWAY | CRUZ | |
|---|---|---|
| YTD Return | 10.34% | 23.18% |
| 1Y Return | 28.81% | 46.75% |
| 3Y Return (Ann) | -8.60% | 5.83% |
| Sharpe Ratio | 1.48 | 2.64 |
| Sortino Ratio | 2.18 | 3.55 |
| Omega Ratio | 1.25 | 1.45 |
| Calmar Ratio | 0.59 | 1.82 |
| Martin Ratio | 6.54 | 10.74 |
| Ulcer Index | 4.63% | 4.52% |
| Daily Std Dev | 20.44% | 18.41% |
| Max Drawdown | -56.57% | -43.45% |
| Current Drawdown | -37.63% | 0.00% |
Correlation
The correlation between AWAY and CRUZ is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
AWAY vs. CRUZ - Performance Comparison
In the year-to-date period, AWAY achieves a 10.34% return, which is significantly lower than CRUZ's 23.18% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AWAY vs. CRUZ - Expense Ratio Comparison
AWAY has a 0.75% expense ratio, which is higher than CRUZ's 0.45% expense ratio.
Risk-Adjusted Performance
AWAY vs. CRUZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and Defiance Hotel, Airline, and Cruise ETF (CRUZ). 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.
Dividends
AWAY vs. CRUZ - Dividend Comparison
AWAY's dividend yield for the trailing twelve months is around 0.28%, less than CRUZ's 0.91% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
AWAY ETFMG Travel Tech ETF | 0.28% | 0.00% | 0.00% | 0.00% | 0.04% |
CRUZ Defiance Hotel, Airline, and Cruise ETF | 0.91% | 1.12% | 0.13% | 0.00% | 0.00% |
Drawdowns
AWAY vs. CRUZ - Drawdown Comparison
The maximum AWAY drawdown since its inception was -56.57%, which is greater than CRUZ's maximum drawdown of -43.45%. Use the drawdown chart below to compare losses from any high point for AWAY and CRUZ. For additional features, visit the drawdowns tool.
Volatility
AWAY vs. CRUZ - Volatility Comparison
ETFMG Travel Tech ETF (AWAY) and Defiance Hotel, Airline, and Cruise ETF (CRUZ) have volatilities of 5.52% and 5.71%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.