Kelly Hotel & Lodging Sector ETF (HOTL)
Kelly Hotel & Lodging Sector ETF operates in the Asset Management industry of the Financial Services sector. The stock last traded at $14.62, up 0.09% on the session, giving a market capitalisation of $731,086. Its beta of 0.00 implies it has historically moved less than the broad market.
The Kelly Hotel & Lodging Sector ETF (HOTL) adopts a passive investment strategy, seeking to replicate the total return performance of its benchmark index. This rules-based benchmark is composed of equity securities or corresponding depositary receipts from companies engaged in the full spectrum of the hospitality industry, encompassing activities such as development, operation, provision, distribution, and franchising of hotel and lodging businesses. Ordinarily, a minimum of 80% of the fund's net assets are allocated to these types of companies. Notably, this fund is categorized as non-diversified.
Kelly Hotel & Lodging Sector ETF is most often compared with the following Financial Services names: