AWAY vs. EATZ

Last updated Jun 4, 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. Over the past 5 years, AWAY returned -11.20%/yr vs 2.20%/yr for EATZ. A 0.62 correlation means they provide meaningful diversification when combined. 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

In the year-to-date period, AWAY achieves a -16.40% return, which is significantly lower than EATZ's 4.80% return.

AWAY

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

EATZ

• 1D: 0.00%
• 1M: 0.00%
• YTD: 4.80%
• 6M: 3.18%
• 1Y: -6.88%
• 3Y*: 10.53%
• 5Y*: 2.20%
• 10Y*: —

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

AWAY vs. EATZ - 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%
EATZ AdvisorShares Restaurant ETF	4.80%	-6.67%	23.21%	25.23%	-20.68%	-5.06%

Correlation

The correlation between AWAY and EATZ is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.54
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Apr 22, 2021	0.62

The correlation between AWAY and EATZ shifts across timeframes, from 0.44 (1 year) to 0.62 (5 years), reflecting how their relationship changes across market environments.

AWAY vs. EATZ - Sectors Allocation Comparison

Sectors	AWAY	EATZ
Consumer Cyclical	63.7%	78.2%
Technology	30.0%	-
Communication Services	4.0%	2.3%
Industrials	1.0%	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 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

EATZ

EATZ Risk / Return Rank: 10
EATZ Sharpe Ratio Rank: 10
EATZ Sortino Ratio Rank: 10
EATZ Omega Ratio Rank: 10
EATZ Calmar Ratio Rank: 10
EATZ Martin Ratio Rank: 10

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. 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.

	AWAY	EATZ	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	0.10	-0.92
Sortino ratio: Return per unit of downside risk	-1.07	0.28	-1.35
Omega ratio: Gain probability vs. loss probability	0.88	1.03	-0.16
Calmar ratio: Return relative to maximum drawdown	-0.56	0.08	-0.64
Martin ratio: Return relative to average drawdown	-1.13	0.14	-1.27
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. EATZ - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.83, which is lower than the EATZ Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of AWAY and EATZ, 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	EATZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	0.10	-0.92
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	0.10	-0.52
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.12	-0.29

Drawdowns

AWAY vs. EATZ - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, which is greater than EATZ's maximum drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for AWAY and EATZ.

Drawdown Indicators

	AWAY	EATZ	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-34.40%	-22.17%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-23.21%	-9.62%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-23.21%	-9.62%
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	-33.34%	-19.15%
Current Drawdown Current decline from peak	-49.57%	-13.56%	-36.01%
Average Drawdown Average peak-to-trough decline	-36.15%	-13.40%	-22.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.33%	12.82%	+3.51%

Volatility

AWAY vs. EATZ - Volatility Comparison

ETFMG Travel Tech ETF (AWAY) has a higher volatility of 7.18% compared to AdvisorShares Restaurant ETF (EATZ) at 4.91%. This indicates that AWAY's price experiences larger fluctuations and is considered to be riskier than EATZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	EATZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	4.91%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	17.95%	13.48%	+4.47%
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	18.81%	+3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	21.65%	+5.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	21.60%	+10.21%

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 0.44, 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 EATZ?

AWAY has higher volatility (7.18%) compared to EATZ (4.91%). In terms of maximum drawdown, AWAY dropped -56.57% vs EATZ's -34.40%.

Which ETF is better, AWAY or EATZ?

On 5-year performance, EATZ leads with 2.20% vs -11.20% for AWAY. On fees, AWAY is cheaper at 0.75% per year. On volatility, EATZ has been the lower-risk option at 4.91%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AWAY or EATZ?

Over the 5-year period, EATZ has performed better with a 2.20% 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 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.

Which has better risk-adjusted returns?

EATZ currently has the higher Sharpe Ratio (0.10 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.