AWAY vs. FLYU

Last updated Apr 1, 2026

Compare and contrast key facts about ETFMG Travel Tech ETF (AWAY) and MicroSectors Travel 3X Leveraged ETNs (FLYU).

AWAY and FLYU 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. FLYU is a passively managed fund by REX that tracks the performance of the MerQube MicroSectors U.S. Travel Index. It was launched on Jun 22, 2022. Both AWAY and FLYU are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AWAY vs. FLYU - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and MicroSectors Travel 3X Leveraged ETNs (FLYU). The values are adjusted to include any dividend payments, if applicable.

AWAY vs. FLYU - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AWAY ETFMG Travel Tech ETF	-22.39%	-3.36%	10.44%	17.94%	-8.18%
FLYU MicroSectors Travel 3X Leveraged ETNs	-38.63%	-2.29%	33.00%	111.16%	-17.79%

Returns By Period

In the year-to-date period, AWAY achieves a -22.39% return, which is significantly higher than FLYU's -38.63% return.

AWAY

• 1D: 3.74%
• 1M: -6.02%
• YTD: -22.39%
• 6M: -27.78%
• 1Y: -18.95%
• 3Y*: -2.35%
• 5Y*: -12.67%
• 10Y*: —

FLYU

• 1D: 12.17%
• 1M: -22.48%
• YTD: -38.63%
• 6M: -37.59%
• 1Y: -5.83%
• 3Y*: 3.11%
• 5Y*: —
• 10Y*: —

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

AWAY vs. FLYU - Expense Ratio Comparison

AWAY has a 0.75% expense ratio, which is lower than FLYU's 0.95% expense ratio.

FLYU

MicroSectors Travel 3X Leveraged ETNs

AWAY

ETFMG Travel Tech ETF

Return for Risk

AWAY vs. FLYU — Risk / Return Rank

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

AWAY

AWAY Risk / Return Rank: 2
AWAY Sharpe Ratio Rank: 2
AWAY Sortino Ratio Rank: 2
AWAY Omega Ratio Rank: 2
AWAY Calmar Ratio Rank: 3
AWAY Martin Ratio Rank: 1

FLYU

FLYU Risk / Return Rank: 14
FLYU Sharpe Ratio Rank: 10
FLYU Sortino Ratio Rank: 21
FLYU Omega Ratio Rank: 20
FLYU Calmar Ratio Rank: 10
FLYU Martin Ratio Rank: 9

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. FLYU - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and MicroSectors Travel 3X Leveraged ETNs (FLYU). 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	FLYU	Difference
Sharpe ratio Return per unit of total volatility	-0.76	-0.06	-0.70
Sortino ratio Return per unit of downside risk	-0.96	0.59	-1.55
Omega ratio Gain probability vs. loss probability	0.87	1.08	-0.20
Calmar ratio Return relative to maximum drawdown	-0.60	-0.13	-0.46
Martin ratio Return relative to average drawdown	-1.58	-0.33	-1.25
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. FLYU - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.76, which is lower than the FLYU Sharpe Ratio of -0.06. The chart below compares the historical Sharpe Ratios of AWAY and FLYU, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AWAY	FLYU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.76	-0.06	-0.70
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.48	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.11	-0.32

Correlation

The correlation between AWAY and FLYU is 0.81, 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.

Dividends

AWAY vs. FLYU - Dividend Comparison

Neither AWAY nor FLYU has paid dividends to shareholders.

	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%
FLYU MicroSectors Travel 3X Leveraged ETNs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

AWAY vs. FLYU - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, smaller than the maximum FLYU drawdown of -69.00%. Use the drawdown chart below to compare losses from any high point for AWAY and FLYU.

Drawdown Indicators

	AWAY	FLYU	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-69.00%	+12.43%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-52.33%	+19.50%
Max Drawdown (5Y) Largest decline over 5 years	-53.16%	—	—
Current Drawdown Current decline from peak	-53.18%	-51.32%	-1.86%
Average Drawdown Average peak-to-trough decline	-35.76%	-25.78%	-9.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.41%	21.15%	-8.74%

Volatility

AWAY vs. FLYU - Volatility Comparison

The current volatility for ETFMG Travel Tech ETF (AWAY) is 8.59%, while MicroSectors Travel 3X Leveraged ETNs (FLYU) has a volatility of 26.19%. This indicates that AWAY experiences smaller price fluctuations and is considered to be less risky than FLYU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	FLYU	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.59%	26.19%	-17.60%
Volatility (6M) Calculated over the trailing 6-month period	16.07%	54.65%	-38.58%
Volatility (1Y) Calculated over the trailing 1-year period	24.90%	92.60%	-67.70%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.78%	83.00%	-56.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.95%	83.00%	-51.05%