Defiance Hotel Airline Etf Profile
| CRUZ Etf | USD 26.94 0.26 0.97% |
Performance28 of 100
| Odds Of DistressLess than 9
|
Defiance Hotel is trading at 26.94 as of the 30th of November 2024; that is 0.97 percent increase since the beginning of the trading day. The etf's open price was 26.68. Defiance Hotel has less than a 9 % chance of experiencing financial distress in the next few years and had a strong performance during the last 90 days. Equity ratings for Defiance Hotel Airline are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of June 2024 and ending today, the 30th of November 2024. Click here to learn more.
The index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50 percent of their revenues from the passenger airline, hotel and resort, or cruise industries as determined by MV Index Solutions. Defiance Hotel is traded on NYSEARCA Exchange in the United States.. More on Defiance Hotel Airline
Moving together with Defiance Etf
Defiance Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Theme ETFs, Consumer Cyclical, Defiance ETFs (View all Sectors) |
| Issuer | Defiance ETFs |
| Inception Date | 2021-06-03 |
| Benchmark | BlueStar Global Hotels, Airlines, and Cruises Index |
| Entity Type | Regulated Investment Company |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Theme |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | Defiance ETFs, LLC |
| Custodian | U.S. Bank, N.A. |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Dustin Lewellyn, Ernesto Tong, Anand Desai |
| Transfer Agent | U.S. Bancorp Fund Services, LLC |
| Fiscal Year End | 31-Dec |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 54.0 |
| Market Maker | Jane Street |
| Total Expense | 0.45 |
| Management Fee | 0.45 |
| Country Name | USA |
| Returns Y T D | 25.39 |
| Name | Defiance Hotel Airline and Cruise ETF |
| Currency Code | USD |
| Open Figi | BBG0116RW193 |
| In Threey Volatility | 29.66 |
| 1y Volatility | 17.72 |
| 200 Day M A | 22.3595 |
| 50 Day M A | 24.7041 |
| Code | CRUZ |
| Updated At | 30th of November 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.16 |
| Type | ETF |
Defiance Hotel Airline [CRUZ] is traded in USA and was established 2021-06-03. The fund is listed under Consumer Cyclical category and is part of Defiance ETFs family. The entity is thematically classified as Strategy ETFs. Defiance Hotel Airline currently have 32.13 M in assets under management (AUM). , while the total return for the last 3 years was 11.6%.
Check Defiance Hotel Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Defiance Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Defiance Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Defiance Hotel Airline Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Defiance Hotel Airline Currency Exposure
Defiance Hotel Airline holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Defiance Hotel will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Defiance Hotel Airline.
Top Defiance Hotel Airline Etf Constituents
| HTHT | Huazhu Group | Stock | Consumer Discretionary | |
| AAL | American Airlines Group | Stock | Industrials | |
| CPA | Copa Holdings SA | Stock | Industrials | |
| CHH | Choice Hotels International | Stock | Consumer Discretionary | |
| 2610 | China Airlines | Stock | Industrials | |
| WIZZ | Wizz Air Holdings | Stock | Industrials | |
| AC | Accor S A | Stock | Lodging | |
| 2618 | Eva Airways Corp | Stock | Industrials |
Defiance Hotel Airline Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Defiance Hotel. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2763 | |||
| Jensen Alpha | 0.2338 | |||
| Total Risk Alpha | 0.1923 | |||
| Sortino Ratio | 0.3375 |
Defiance Hotel Against Markets
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Defiance Hotel Airline. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in employment. You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
The market value of Defiance Hotel Airline is measured differently than its book value, which is the value of Defiance that is recorded on the company's balance sheet. Investors also form their own opinion of Defiance Hotel's value that differs from its market value or its book value, called intrinsic value, which is Defiance Hotel's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Defiance Hotel's market value can be influenced by many factors that don't directly affect Defiance Hotel's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Defiance Hotel's value and its price as these two are different measures arrived at by different means. Investors typically determine if Defiance Hotel is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Defiance Hotel's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.