CRUZ
CRUZ: The Airline, Hotel & Cruise Line ETF
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Travel ETF: The Travel Reopening Trade
Covid-19 confined us to our homes, kept us away from family and interrupted business trips. With the vaccine rollout, Omicron’s apparent wane and significant industry adjustments, the time to travel, explore, experience and reconnect has arrived.
The desire to compensate for the restrictions of the past two years with longer, further and more expensive holidays is just a part of the story. The pandemic brought the $8.9 trillion global travel and tourism industry to its knees. But with testing, safeguarding procedures and unprecedented use of technology, it appears ready to stand again.
2022 could see pent up demand ready to realign with a travel resurgence. And investors are wondering how to position themselves to benefit.
Cruise stocks vs cruise ETFs, airline stocks vs airline ETFs; hotel stocks vs hotel ETFs. Defiance’s CRUZ offers it all in one.
CRUZ – Invest in Cruise Lines, Airlines and Hotels
Defiance’s Hotel, Airline, and Cruise line ETF gives retail and institutional investors exposure to a cross section of companies that we believe have significant growth potential. It seeks to track the performance before fees and expenses of the BlueStar Global Hotels, Airlines, and Cruises Index, a rules-based weighted index of companies primarily engaged in the passenger airline, hotel and cruise industries.
Fund Data and Pricing
Net Assets
$50.41M
Premium/discount
-0.13%
NAV
$17.23
Closing Price
$17.21
Shares Outstanding
2,925,000
Median 30 Day Spread
0.32%
Data as of 03/20/2023
Fund Details
Fund inception
06/02/2021
Ticker
CRUZ
Primary Exchange
NYSE
CUSIP
26922B873
Fund Holdings
56
NAV Symbol
CRUZ.NV
Expense Ratio
0.45%
30 Day SEC Yield*
0.61%
* Yield as of 2.28.23
CRUZMarket Price
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | 16.62% | -1.70% | 6.85% | 17.38% | -12.33% | xx.xx% | -22.80% |
| Market Price (%) | 16.69% | -1.65% | 6.53% | 17.16% | -12.94% | xx.xx% | -22.95% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -12.33% | -13.82% |
| Market Price (%) | -12.94% | -13.92% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | 18.64% | 18.64% | 15.98% | 17.43% | -9.31% | xx.xx% | -21.46% |
| Market Price (%) | 18.65% | 18.65% | 15.62% | 17.01% | -10.32% | xx.xx% | -21.66% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -9.31% | -13.52% |
| Market Price (%) | -10.32% | -13.65% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -23.80% | -8.37% | 14.18% | 6.98% | -23.80% | xx.xx% | -33.80% |
| Market Price (%) | -24.26% | -8.71% | 14.23% | 6.80% | -24.26% | xx.xx% | -33.97% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -23.80% | -23.00% |
| Market Price (%) | -24.26% | -23.13% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -16.84% | 6.69% | 9.85% | -9.21% | -9.79% | xx.xx% | -27.75% |
| Market Price (%) | -17.04% | 6.74% | 9.98% | -9.13% | -10.12% | xx.xx% | -27.67% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -9.79% | -19.56% |
| Market Price (%) | -10.12% | -19.50% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -22.05% | 16.80% | 1.26% | -21.85% | -25.05% | xx.xx% | -32.28% |
| Market Price (%) | -22.27% | 17.23% | 1.20% | -21.88% | -25.05% | xx.xx% | -32.24% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -25.05% | -24.14% |
| Market Price (%) | -25.05% | -24.11% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -33.26% | -11.85% | -6.30% | -34.81% | -37.16% | xx.xx% | -42.02% |
| Market Price (%) | -33.70% | -12.11% | -6.50% | -34.90% | -37.49% | xx.xx% | -42.20% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -37.16% | -33.71% |
| Market Price (%) | -37.49% | -33.86% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -24.30% | -1.65% | -17.35% | -25.31% | -26.07% | xx.xx% | -34.23% |
| Market Price (%) | -24.57% | -1.78% | -17.38% | -25.70% | -26.29% | xx.xx% | -34.24% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -26.07% | -28.60% |
| Market Price (%) | -26.29% | -28.61% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -23.02% | 8.08% | -22.82% | -22.78% | -24.77% | xx.xx% | -33.12% |
| Market Price (%) | -23.20% | 8.30% | -22.81% | -23.36% | -25.00% | xx.xx% | -33.05% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -24.77% | -29.33% |
| Market Price (%) | -25.00% | -29.26% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -28.78% | -22.25% | -30.42% | -28.78% | -33.33% | xx.xx% | -38.12% |
| Market Price (%) | -29.09% | -22.33% | -30.37% | -29.09% | -33.79% | xx.xx% | -38.18% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | -33.33% | -36.04% |
| Market Price (%) | -33.79% | -36.10% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -8.40% | -8.16% | -9.63% | -0.63% | xx.xx% | xx.xx% | -20.42% |
| Market Price (%) | -8.70% | -8.23% | -10.06% | -1.09% | xx.xx% | xx.xx% | -20.40% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -0.26% | -2.56% | 0.06% | -4.09% | xx.xx% | xx.xx% | -13.34% |
| Market Price (%) | -0.50% | -2.31% | -0.70% | -4.06% | xx.xx% | xx.xx% | -13.26% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | 2.37% | 0.99% | 2.37% | -3.61% | xx.xx% | xx.xx% | -11.07% |
| Market Price (%) | 1.85% | 0.32% | 1.85% | -3.98% | xx.xx% | xx.xx% | -11.21% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | 1.36% | 1.68% | 9.96% | -1.01% | xx.xx% | xx.xx% | -11.94% |
| Market Price (%) | 1.52% | 1.32% | 9.98% | -0.80% | xx.xx% | xx.xx% | -11.49% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | -0.32% | -0.32% | -4.15% | -2.58% | xx.xx% | xx.xx% | -13.40% |
| Market Price (%) | 0.20% | 0.20% | -3.38% | -2.14% | xx.xx% | xx.xx% | -12.64% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | 8.48% | -5.84% | -6.39% | xx.xx% | xx.xx% | -13.12% |
| Market Price (%) | xx.xx% | 8.33% | -5.73% | -6.63% | xx.xx% | xx.xx% | -12.82% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | -11.36% | -9.98% | xx.xx% | xx.xx% | xx.xx% | -19.91% |
| Market Price (%) | xx.xx% | -10.99% | -9.80% | xx.xx% | xx.xx% | xx.xx% | -19.52% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | -2.08% | 1.63% | xx.xx% | xx.xx% | xx.xx% | -9.65% |
| Market Price (%) | xx.xx% | -2.23% | 1.28% | xx.xx% | xx.xx% | xx.xx% | -9.59% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | 3.71% | -0.59% | xx.xx% | xx.xx% | xx.xx% | -7.74% |
| Market Price (%) | xx.xx% | 3.65% | -0.96% | xx.xx% | xx.xx% | xx.xx% | -7.53% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | 0.07% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -11.04% |
| Market Price (%) | xx.xx% | -0.06% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -10.78% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | -4.22% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -11.10% |
| Market Price (%) | xx.xx% | -4.39% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -10.73% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Months | 3 Months | 6 Months | 1 Year | 3 Years | Since Inception | |
|---|---|---|---|---|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -7.19% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -6.63% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| 2021 | 2022 | |
|---|---|---|
| Total Return (%) | xx.xx% | -23.80% |
| Market Price (%) | xx.xx% | -24.26% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Top Holdings
| Name | Symbol | Stock price | % Price change | % Net assets | Shares Held | Market Value | |
|---|---|---|---|---|---|---|---|
|
Marriott Intl Inc New | MAR | $163.04 | 2.90% | 8.33% | 25,768 | 4,201,215 |
|
Hilton Worldwide Hldgs Inc | HLT | $138.03 | 2.05% | 8.30% | 30,312 | 4,183,965 |
|
Delta Air Lines Inc Del | DAL | $33.14 | 2.26% | 6.24% | 94,878 | 3,144,257 |
|
Royal Caribbean Group | RCL | $61.35 | 3.33% | 6.10% | 50,133 | 3,075,660 |
|
Carnival Corp | CCL | $8.61 | 5.92% | 4.91% | 287,653 | 2,476,692 |
|
Southwest Airls Co | LUV | $30.08 | 3.19% | 3.98% | 66,644 | 2,004,652 |
|
United Airls Hldgs Inc | UAL | $43.09 | 2.72% | 3.83% | 44,798 | 1,930,346 |
|
Ryanair Holdings Plc | RYAAY | $89.26 | 3.50% | 3.59% | 20,300 | 1,811,978 |
|
H World Group Ltd | HTHT | $47.51 | 2.27% | 3.19% | 33,807 | 1,606,171 |
|
Norwegian Cruise Line Hldg Ltd Shs | NCLH | $12.37 | 4.12% | 2.78% | 113,290 | 1,401,397 |
Data as of 03/21/2023. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings
Distribution
| Ex-Date | Total Distribution | Short-Term Capital Gains | Long-Term Capital Gains |
|---|---|---|---|
| 09/22/2021 | $0.00 | – | – |
| 12/29/2021 | $0.00 | – | – |
Reasons to Invest
Reconnection
ClubMed have reported a 17% increase in family reunion bookings compared to the 2019 holiday season.2 For many there is a post-lockdown visceral need to reunite with distant family, friends and work colleagues.
Growth Potential
Covid cost the travel and tourism sector an estimated $3.3 trillion.3 That’s a lot of suppressed demand that could be waiting to return when consumers feel safe.
Travel ETF
Cooped up and denied agency, many people have missed their regular trips and are ready to return to a travel-rich lifestyle. A travel ETF could capture the growth this travel itch represents.
Recovery
Governments, businesses and individuals alike all want to see the back of Covid-19 and a return to varied and accessible leisure and travel.
