 Defiance
Hotel Airline and Cruise ETF (CRUZ) is an exchange-traded fund that
seeks to track the performance of the BlueStar Global Hotels,
Airlines, and Cruise Index. The index is composed of companies in the
travel and leisure industry, including hotels, airlines, cruise lines,
and online travel agencies.
The fund has a net expense ratio of
0.45%, which is relatively low compared to other travel and leisure
ETFs. It also has a dividend yield of around 1%, providing some income
for investors.
One of the benefits of investing in CRUZ is its
exposure to the global travel industry, which has the potential for
growth as the world recovers from the COVID-19 pandemic. However, the
fund may be sensitive to fluctuations in oil prices, currency exchange
rates, and geopolitical events that affect the travel industry.
As of September 2021, the top holdings in CRUZ included Expedia
Group Inc., Delta Air Lines Inc., Hilton Worldwide Holdings Inc., and
Booking Holdings Inc. The fund is heavily weighted towards the United
States, which makes up over 80% of its portfolio, followed by Europe
and Asia.
Investors considering CRUZ should be aware of the
risks associated with investing in the travel industry, including the
potential for economic downturns, natural disasters, and pandemics.
Additionally, investors should carefully evaluate the fund's holdings,
fees, and performance before making an investment decision.
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