AWAY vs. UBER

Last updated Jun 4, 2026

AWAY (ETFMG Travel Tech ETF) is Consumer Discretionary Equities fund tracking the Prime Travel Technology Index, while UBER (Uber Technologies, Inc.) is a stock. Over the past 5 years, AWAY returned -11.20%/yr vs 7.40%/yr for UBER. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

AWAY vs. UBER - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ETFMG Travel Tech ETF (AWAY) and Uber Technologies, Inc. (UBER). 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 UBER's -12.26% return.

AWAY

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

UBER

• 1D: 0.10%
• 1M: -3.03%
• YTD: -12.26%
• 6M: -20.94%
• 1Y: -13.13%
• 3Y*: 21.74%
• 5Y*: 7.40%
• 10Y*: —

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

AWAY vs. UBER - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AWAY ETFMG Travel Tech ETF	-16.40%	-3.36%	10.44%	17.94%	-32.25%	-5.91%	4.41%
UBER Uber Technologies, Inc.	-12.26%	35.46%	-2.03%	148.97%	-41.02%	-17.78%	27.21%

Correlation

The correlation between AWAY and UBER is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (5Y) Calculated over the trailing 5-year period	0.62
Correlation (All Time) Calculated using the full available price history since Feb 14, 2020	0.61

Over the past year, the correlation between AWAY and UBER has dropped to 0.39 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

AWAY vs. UBER — 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

UBER

UBER Risk / Return Rank: 24
UBER Sharpe Ratio Rank: 23
UBER Sortino Ratio Rank: 21
UBER Omega Ratio Rank: 22
UBER Calmar Ratio Rank: 26
UBER Martin Ratio Rank: 26

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. UBER - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ETFMG Travel Tech ETF (AWAY) and Uber Technologies, Inc. (UBER). 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	UBER	Difference
Sharpe ratio: Return per unit of total volatility	-0.83	-0.40	-0.42
Sortino ratio: Return per unit of downside risk	-1.07	-0.39	-0.68
Omega ratio: Gain probability vs. loss probability	0.88	0.96	-0.08
Calmar ratio: Return relative to maximum drawdown	-0.56	-0.43	-0.14
Martin ratio: Return relative to average drawdown	-1.13	-0.76	-0.37
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. UBER - Sharpe Ratio Comparison

The current AWAY Sharpe Ratio is -0.83, which is lower than the UBER Sharpe Ratio of -0.40. The chart below compares the historical Sharpe Ratios of AWAY and UBER, 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	UBER	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.83	-0.40	-0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.42	0.17	-0.59
Sharpe Ratio (All Time) Calculated using the full available price history	-0.17	0.16	-0.33

Drawdowns

AWAY vs. UBER - Drawdown Comparison

The maximum AWAY drawdown since its inception was -56.57%, smaller than the maximum UBER drawdown of -68.05%. Use the drawdown chart below to compare losses from any high point for AWAY and UBER.

Drawdown Indicators

	AWAY	UBER	Difference
Max Drawdown Largest peak-to-trough decline	-56.57%	-68.05%	+11.48%
Max Drawdown (1Y) Largest decline over 1 year	-32.83%	-30.89%	-1.94%
Max Drawdown (3Y) Largest decline over 3 years	-32.83%	-30.89%	-1.94%
Max Drawdown (5Y) Largest decline over 5 years	-52.49%	-60.45%	+7.96%
Current Drawdown Current decline from peak	-49.57%	-28.38%	-21.19%
Average Drawdown Average peak-to-trough decline	-36.15%	-25.67%	-10.48%
Ulcer Index Depth and duration of drawdowns from previous peaks	16.33%	17.22%	-0.89%

Volatility

AWAY vs. UBER - Volatility Comparison

The current volatility for ETFMG Travel Tech ETF (AWAY) is 7.18%, while Uber Technologies, Inc. (UBER) has a volatility of 11.90%. This indicates that AWAY experiences smaller price fluctuations and is considered to be less risky than UBER based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AWAY	UBER	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.18%	11.90%	-4.72%
Volatility (6M) Calculated over the trailing 6-month period	17.95%	24.22%	-6.27%
Volatility (1Y) Calculated over the trailing 1-year period	22.36%	32.60%	-10.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.82%	44.84%	-18.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.81%	50.70%	-18.89%

Dividends

AWAY vs. UBER - Dividend Comparison

Neither AWAY nor UBER has paid dividends to shareholders.

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%
UBER Uber Technologies, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AWAY and UBER in my portfolio?

AWAY and UBER have a correlation of 0.39, 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 UBER?

UBER has higher volatility (11.90%) compared to AWAY (7.18%). In terms of maximum drawdown, AWAY dropped -56.57% vs UBER's -68.05%.

Which has better risk-adjusted returns?

UBER currently has the higher Sharpe Ratio (-0.40 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.