ETF Managers Group Director Stephen Gardner in ETF.com

Travel ETFs Rebound as Holiday Treks Return

Exchange-traded funds focused on airlines, cruise lines and hotels are soaring ahead of the holiday season as diminishing COVID-19 fears, along with falling gasoline prices, boost a battered industry.

Travel ETFs such as the actively managedĀ AdvisorShares Hotel ETF (BEDZ), which provides exposure to U.S. hotels, resorts and cruise lines, have beaten broader markets over the past three months. BEDZ, for example, has gained 7.3%, while the S&P 500, as measured by theĀ SPDR S&P 500 ETF Trust (SPY), has lost about 1%, according to ETF.com data.

Read more here.