AWAY vs. EATZ

Last updated Aug 6, 2026

AWAY (ETFMG Travel Tech ETF) and EATZ (AdvisorShares Restaurant ETF) are both Consumer Discretionary Equities funds. AWAY is passively managed, while EATZ is actively managed. Their 0.60 correlation means they have sometimes moved together and sometimes differently. AWAY charges 0.75%/yr vs 1.00%/yr for EATZ.

Performance

AWAY vs. EATZ - Performance Comparison

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

Returns By Period

AWAY

• 1D: 0.87%
• 1M: 8.32%
• 6M: 7.95%
• YTD: -3.03%
• 1Y: -6.30%
• 3Y*: 3.72%
• 5Y*: -5.64%
• 10Y*: —
• ALL TIME*: -3.29%

EATZ

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AWAY ETFMG Travel Tech ETF	$667.86K	$330.70K	$217.64K

AWAY vs. EATZ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
AWAY ETFMG Travel Tech ETF	-3.03%	-3.36%	10.44%	17.94%	-32.25%	-16.91%
EATZ AdvisorShares Restaurant ETF	4.80%	-6.67%	23.21%	25.23%	-20.68%	-4.90%

Correlation

The correlation between AWAY and EATZ is 0.35, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.35
Correlation (3Y) Balances recent behavior with more history.	0.52
Correlation (5Y) Shows whether the relationship held over a longer period.	0.61
Correlation (All Time) Calculated using the full available price history since Apr 21, 2021	0.60

Over the past year, the correlation between AWAY and EATZ has dropped to 0.35 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.

AWAY vs. EATZ - Sectors Allocation Comparison

Sectors	AWAY	EATZ
Consumer Cyclical	69.1%	78.2%
Technology	28.4%	-
Communication Services	4.3%	2.3%
Industrials	2.5%	4.9%
Financial Services	0.2%	-
Basic Materials	-	-
Consumer Defensive	-	16.9%
Energy	-	-
Healthcare	-	-
Real Estate	-	-
Utilities	-	-

Return for Risk

AWAY vs. EATZ — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AWAY

AWAY Risk / Return Rank: 7
AWAY Sharpe Ratio Rank: 7
AWAY Sortino Ratio Rank: 7
AWAY Omega Ratio Rank: 7
AWAY Calmar Ratio Rank: 8
AWAY Martin Ratio Rank: 8

EATZ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AWAY vs. EATZ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and AdvisorShares Restaurant ETF (EATZ). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AWAY	EATZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	—	—
Sortino ratio: Return per unit of downside risk	-0.23	—	—
Omega ratio: Gain probability vs. loss probability	0.97	—	—
Calmar ratio: Return relative to maximum drawdown	-0.19	—	—
Martin ratio: Return relative to average drawdown	-0.34	—	—

Drawdowns

Drawdown Indicators

	AWAY	EATZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-49.10%	—	—
Current Drawdown Current decline from peak	-41.50%	—	—
Average Drawdown Average peak-to-trough decline	-36.50%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	18.45%	—	—

Volatility

Volatility by Period

	AWAY	EATZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.19%	—	—
Volatility (6M) Calculated over the trailing 6-month period	19.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	23.17%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.89%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.64%	—	—

AWAY vs. EATZ - Expense Ratio Comparison

AWAY has a 0.75% expense ratio, which is lower than EATZ's 1.00% expense ratio.

Dividends

AWAY vs. EATZ - Dividend Comparison

AWAY has not paid dividends to shareholders, while EATZ's dividend yield for the trailing twelve months is around 0.48%.

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%
EATZ AdvisorShares Restaurant ETF	0.48%	0.50%	0.18%	0.49%	2.35%	0.15%	0.00%

Frequently Asked Questions

Can I hold both AWAY and EATZ in my portfolio?

AWAY and EATZ have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AWAY or EATZ?

On fees, AWAY is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AWAY or EATZ?

AWAY is cheaper with a 0.75% expense ratio, compared with 1.00% for EATZ.

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

EATZ has the higher dividend yield at 0.48%, compared with 0.00% for AWAY.

What is the main difference between AWAY and EATZ?

They also come from different issuers: ETFMG and AdvisorShares. Their fees differ too: 0.75% for AWAY and 1.00% for EATZ.