NASDAQ | ETF
The index is a free float adjusted, market capitalization weighted index that is designed to provide exposure to companies that have business operations in the airlines industry.
The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and in American Depositary Receipts ("ADRs") and Global Depositary Receipts ("GDRs") based on the securities in the index.
The fund is non-diversified.
Top 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| UAL | United Airlines Holdings Inc | Industrials | Airlines | 7.00% |
| ALK | Alaska Air Group Inc | Industrials | Airlines | 6.18% |
| AAL | American Airlines Group | Industrials | Airlines | 6.02% |
| IAG | International Consolidated Airlines Group S.A | Industrials | Airlines | 5.80% |
| DAL | Delta Air Lines Inc | Industrials | Airlines | 5.10% |
| SKYW | SkyWest Inc | Industrials | Airlines | 4.88% |
| RYAAY | Ryanair Holdings PLC ADR | Industrials | Airlines | 4.82% |
| AC | Air Canada | Industrials | Airlines | 4.57% |
| QAN | Qantas Airways Ltd | Industrials | Airlines | 4.52% |
| JBLU | JetBlue Airways Corp | Industrials | Airlines | 4.29% |
| LUV | Southwest Airlines Company | Industrials | Airlines | 4.12% |
| RY4D | RYANAIR HLDGS ADR NEW/5 | Industrials | Airlines | 3.95% |
| CPA | Copa Holdings SA | Industrials | Airlines | 3.83% |
| 9201 | Japan Airlines Co Ltd | Industrials | Airlines | 3.78% |
| C6L | Singapore Airlines Limited | Industrials | Airlines | 3.68% |
| EZJ | EasyJet PLC | Industrials | Airlines | 3.67% |
| MFT | Mainfreight Limited | Industrials | Integrated Freight & Logistics | 3.63% |
| 9202 | ANA Holdings Inc | Industrials | Airlines | 3.58% |
| EIF | Exchange Income Corporation | Industrials | Airlines | 3.53% |
| ALGT | Allegiant Travel Company | Industrials | Airlines | 3.45% |