AWAY

Amplify Travel Tech ETF

$21.33

+0.00%

Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The Amplify Travel Tech ETF (AWAY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Solactive Travel Technology Index.

Overview

ETF tracking Amplify Travel Tech ETF

Category Technology

Issuer Other

Inception Date 2024-01-29

Market Cap $39.5M

Average Volume N/A

Dividend Yield N/A

52-Week Range $17.12 - $23.08

VWAP $21.33

Performance

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Investment Summary

📎 Investment Objective

The Amplify Travel Tech ETF (AWAY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Solactive Travel Technology Index.

🎯 Investment Strategy

The fund invests in companies that are involved in the development and application of technologies used in the travel and tourism industries, such as online travel booking platforms, airline/hotel management software, and digital travel services.

✨ Key Features

Provides exposure to companies at the forefront of travel technology innovation
Diversified portfolio across different travel tech sub-sectors
Low expense ratio of 0.00%
Relatively new fund with limited performance history

⚠️ Primary Risks

Concentration risk as the fund is focused on a specific industry sector
Volatility risk as travel tech stocks may experience significant price swings
Lack of long-term performance track record to evaluate
Potential liquidity issues due to small asset size

👤 Best For

The Amplify Travel Tech ETF may be suitable for investors seeking exposure to the growing travel technology industry as part of a diversified portfolio. However, due to the fund's limited history and small asset size, it may be more appropriate for investors with a higher risk tolerance and a longer investment horizon.