CRUZ vs. AWAY
Compare and contrast key facts about Defiance Hotel, Airline, and Cruise ETF (CRUZ) and ETFMG Travel Tech ETF (AWAY).
CRUZ and AWAY are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CRUZ is a passively managed fund by Defiance that tracks the performance of the BlueStar Hotels, Airlines, and Cruises. It was launched on Jun 3, 2021. 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. Both CRUZ and AWAY are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CRUZ or AWAY.
Key characteristics
| CRUZ | AWAY | |
|---|---|---|
| YTD Return | 3.83% | -1.08% |
| 1Y Return | 16.35% | 11.02% |
| 3Y Return (Ann) | 1.19% | -10.52% |
| Sharpe Ratio | 0.85 | 0.50 |
| Daily Std Dev | 18.86% | 21.09% |
| Max Drawdown | -43.45% | -56.57% |
| Current Drawdown | -9.28% | -44.09% |
Correlation
The correlation between CRUZ and AWAY is 0.80, 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.
Performance
CRUZ vs. AWAY - Performance Comparison
In the year-to-date period, CRUZ achieves a 3.83% return, which is significantly higher than AWAY's -1.08% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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CRUZ vs. AWAY - Expense Ratio Comparison
CRUZ has a 0.45% expense ratio, which is lower than AWAY's 0.75% expense ratio.
Risk-Adjusted Performance
CRUZ vs. AWAY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Hotel, Airline, and Cruise ETF (CRUZ) and ETFMG Travel Tech ETF (AWAY). 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.
Dividends
CRUZ vs. AWAY - Dividend Comparison
CRUZ's dividend yield for the trailing twelve months is around 1.08%, more than AWAY's 0.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
CRUZ Defiance Hotel, Airline, and Cruise ETF | 1.08% | 1.12% | 0.13% | 0.00% | 0.00% |
AWAY ETFMG Travel Tech ETF | 0.32% | 0.00% | 0.00% | 0.00% | 0.04% |
Drawdowns
CRUZ vs. AWAY - Drawdown Comparison
The maximum CRUZ drawdown since its inception was -43.45%, smaller than the maximum AWAY drawdown of -56.57%. Use the drawdown chart below to compare losses from any high point for CRUZ and AWAY. For additional features, visit the drawdowns tool.
Volatility
CRUZ vs. AWAY - Volatility Comparison
The current volatility for Defiance Hotel, Airline, and Cruise ETF (CRUZ) is 4.59%, while ETFMG Travel Tech ETF (AWAY) has a volatility of 5.80%. This indicates that CRUZ experiences smaller price fluctuations and is considered to be less risky than AWAY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.