AWAY vs. UBER
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 -7.69%/yr vs 9.49%/yr for UBER. A 0.60 correlation means they provide meaningful diversification when combined.
Performance
AWAY vs. UBER - Performance Comparison
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Returns By Period
The year-to-date returns for both investments are quite close, with AWAY having a -11.33% return and UBER slightly higher at -11.06%.
AWAY
- 1D
- 0.53%
- 1M
- 2.95%
- 6M
- -9.59%
- YTD
- -11.33%
- 1Y
- -16.62%
- 3Y*
- 0.94%
- 5Y*
- -7.69%
- 10Y*
- —
UBER
- 1D
- 0.82%
- 1M
- -0.25%
- 6M
- -14.15%
- YTD
- -11.06%
- 1Y
- -21.19%
- 3Y*
- 17.54%
- 5Y*
- 9.49%
- 10Y*
- —
AWAY vs. UBER - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AWAY ETFMG Travel Tech ETF | -11.33% | -3.36% | 10.44% | 17.94% | -32.25% | -5.91% | 3.47% |
UBER Uber Technologies, Inc. | -11.06% | 35.46% | -2.03% | 148.97% | -41.02% | -17.78% | 23.64% |
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 | 0.51 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.62 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 2020 | 0.60 |
Over the past year, the correlation between AWAY and UBER has dropped to 0.39 - well below their long-term average of 0.60, suggesting their price drivers have been diverging.
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Return for Risk
AWAY vs. UBER — Risk / Return Rank
AWAY
UBER
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.
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 | UBER | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | -0.16 | ||
| Omega ratioGain probability vs. loss probability | 0.89 | 0.91 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | -0.51 | -0.68 | +0.17 |
| Martin ratioReturn relative to average drawdown | -0.93 | -1.09 | +0.16 |
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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.
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Drawdown Indicators
| AWAY | UBER | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.57% | -68.05% | +11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -32.83% | -31.46% | -1.37% |
Max Drawdown (3Y)Largest decline over 3 years | -32.83% | -31.46% | -1.37% |
Max Drawdown (5Y)Largest decline over 5 years | -49.10% | -57.69% | +8.59% |
Current DrawdownCurrent decline from peak | -46.51% | -27.40% | -19.11% |
Average DrawdownAverage peak-to-trough decline | -36.42% | -25.69% | -10.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.94% | 19.42% | -1.48% |
Volatility
AWAY vs. UBER - Volatility Comparison
The current volatility for ETFMG Travel Tech ETF (AWAY) is 6.87%, while Uber Technologies, Inc. (UBER) has a volatility of 13.34%. 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.
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Volatility by Period
| AWAY | UBER | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.87% | 13.34% | -6.47% |
Volatility (6M)Calculated over the trailing 6-month period | 19.15% | 25.05% | -5.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.60% | 33.74% | -11.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.88% | 45.03% | -18.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.68% | 50.56% | -18.88% |
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
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.
UBER has higher volatility (13.34%) compared to AWAY (6.87%). In terms of maximum drawdown, AWAY dropped -56.57% vs UBER's -68.05%.
UBER currently has the higher Sharpe Ratio (-0.63 vs -0.74), 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.
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