Defiance ETFs Releases ‘Travel Reopening Trade Fund’, CRUZ
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Defiance ETFs Releases ‘Travel Reopening Trade Fund’, CRUZ

After being confined to our homes for over a year, it’s time to consider more traveling and reconnecting. On Friday, Defiance ETFs launched the Hotels, Airlines, and Cruise ETF ($CRUZ) – “the travel reopening trade.” Defiance’s CRUZ ETF gives investors access to stocks from the global travel industry in a post-Covid world.

More specifically, CRUZ gives retail and institutional investors exposure to a cross-section of companies believed to 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.

The BlueStar Global Hotels, Airlines, and Cruises Index is a rules-based index that consists of globally-listed stocks of companies that derive at least 50% of their revenues from the passenger airline, hotel and resort, or cruise industries as determined by MV Index…

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