What this ETF is trying to do

The Amplify Travel Tech ETF (ticker: AWAY) focuses on companies involved in travel technology. This means it invests in businesses that provide software, platforms, or services used by people to plan, book, and enjoy travel.

What the numbers show

To understand how this ETF has performed, we can look at its share price over different periods of time. The current price of AWAY is $16.95. Based on the data provided, the estimated price from roughly one year ago was $21.69.

Here are some key performance figures:

• One-Year Price Return: Approximately -21.85%. This shows how much the share price changed over the last year.

• YTD Price Return: Approximately -18.19%. This is the change in share price from the start of the current year to now.

• Three-Year Price Return: Approximately 5.41%.

• Five-Year Total Return: Approximately -41.11%.

It is important to know that "price return" only measures the change in the share price. "Total return" includes both the price changes and any distributions (like cash payments) the fund makes. In this case, because there were no distributions, the price returns and total returns are very similar for the one-year and YTD periods.

Income and distribution explanation

This ETF currently has a distribution yield of 0%. The data shows that there were no distributions detected in the last 12 months. This means that, based on this information, the fund is not providing regular cash payments to investors at this time.

NAV erosion explanation

The ETF has an erosion-risk score of 55, which is described as "moderate price erosion." NAV erosion is a term used to describe when the value of the underlying assets in a fund decreases over time. It is important to understand that this score is a measurement of risk; it does not mean the fund's value has definitely collapsed or failed.

Pros

• Exposure to Known Brands: The ETF holds well-known travel and transportation companies, such as Airbnb, Expedia Group, Booking Holdings, Lyft, and Uber Technologies.

• Three-Year Growth: While recent performance has been down, the three-year price return shows a positive gain of 5.41%.

Cons

• Recent Price Decline: The ETF has seen a significant share-price decline over the last year (about -21.85%).

• Long-Term Performance: The five-year total return is significantly negative at -41.11%.

• Erosion Risk: The moderate erosion-risk score suggests that investors should be aware of potential price deterioration.

Beginner takeaway

The Amplify Travel Tech ETF gives investors a way to own pieces of many different travel technology companies at once. While it has shown some growth over a three-year period, it has experienced a notable share-price decline over the last year and a large loss over five years. Because there are no distributions, this fund is not currently designed for providing regular cash income.