Tag: reopening

Travel & Leisure Etfs Are Ready For A Reopening Financial System

If you are a traveller—or would-be traveller—it is important to know the distinction between business and leisure travel. This fund targets the broad transportation sector and tracks the S&P Transportation Select Industry Index. It holds 42 stocks in its basket with 36% of the portfolio is dominated by trucking and air freight & logistics, and airlines take 25.2% and 22% share, respectively. With AUM of $195.2 million, the fund costs 35 bps in fees per year from traders and trades in a lower quantity of round 46,000 shares a day. The variety of international ocean cruise passengers has risen progressively since 2009, peaking at practically 30 million in 2019. In that year, North America recorded the best passenger quantity.

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