Defiance Hotel, Airline, and Cruise ETF (CRUZ)
Defiance Hotel, Airline, and Cruise ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Miami, FL, US. The stock last traded at $21.88, up 0.03% on the session, giving a market capitalisation of $22.4M. Its beta of 1.54 implies it has historically moved more than the broad market.
This exchange-traded fund (ETF) aims to track a systematically constructed index. This index comprises publicly traded companies from around the globe that are identified as "Travel Companies" by MV Index Solutions. To qualify, these companies must generate at least half of their revenue from either the passenger airline, hotel and resort, or cruise industries. Under typical conditions, the fund dedicates a minimum of 80% of its net assets (including any borrowed capital for investment) to these travel-focused businesses. It is classified as a non-diversified fund.
Defiance Hotel, Airline, and Cruise ETF is most often compared with the following Financial Services names: