ETFMG 2x Daily Travel Tech ETF (AWYX)
ETFMG 2x Daily Travel Tech ETF operates in the Asset Management - Leveraged industry of the Financial Services sector, headquartered in DE, US. The stock last traded at $2.33, down 0.85% on the session, giving a market capitalisation of $256,974. Its beta of 0.00 implies it has historically moved less than the broad market.
The fund's underlying index monitors the market performance of publicly traded companies across the globe that are primarily involved in the "Travel Technology Business," defined as firms delivering technological solutions for the travel industry. At least 80% of the fund's net assets are allocated to various financial instruments, including the index's component securities, exchange-traded funds (ETFs) that mirror the index, and other financial products designed to offer daily leveraged exposure to either the index or its tracking ETFs. This constitutes a non-diversified investment approach.
ETFMG 2x Daily Travel Tech ETF is most often compared with the following Financial Services names: