Key stats
About Defiance Hotel, Airline, and Cruise ETF
Expense ratio
0.45%
Home page
Inception date
Jun 3, 2021
CRUZ provides pure-play exposure to three segments of the travel and tourism businessairline, hotel and resort, and cruise. The fund holds at least 25 globally-listed stocks of companies that derive at least 50% of their revenue from the three business segments. Eligible companies must also meet investability and liquidity requirements, including a minimum market-cap of $150 million. Weighting is done in tiers, holdings are weighted by market-cap within each segment, subject to a liquidity overlay and an 8% single security cap. Each segment is also restricted to an aggregate portfolio weight of 1550%. The index is reconstituted semi-annually and rebalanced quarterly.
Classification
What's in the fund
Exposure type
Consumer Services
Transportation
Stock breakdown by region