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April 29, 2021, 10:37 a.m. EDT

CDC announcement lifts cruise-line operators, but few travel ETFs

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By Andrea Riquier

Shares of cruise-line operators charged higher Thursday as the Centers for Disease Control and Prevention said cruise ships might sail as soon as the summer. But with cruise stocks held so diffusely among various exchange-traded funds, few participated in the rally. Carnival Corporation /zigman2/quotes/202325446/composite CCL -3.89% shares were 2% higher, Royal Caribbean Group /zigman2/quotes/208854639/composite RCL -2.57% shares rose 1.2%, and Norwegian Cruise Line Holdings Ltd. /zigman2/quotes/204183397/composite NCLH -4.61% jumped 3.6% midmorning. The ETF that may have one of the largest allocations to the sector, the AdvisorShares Hotel ETF /zigman2/quotes/226284348/composite BEDZ -1.39% , at 9.3%, gained 0.3%, as did the Invesco S&P 500 Equal Weight Consumer Disrectionary ETF /zigman2/quotes/206353918/composite RCD -1.36% , which has the largest single allocation to Norwegian shares, according to FactSet data. Most other travel-specific ETFs focus on the booking infrastructure, like the ETFMG Travel Tech ETF /zigman2/quotes/216415466/composite AWAY -2.12% or airlines, like the U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS -2.43% .

/zigman2/quotes/202325446/composite
US : U.S.: NYSE
$ 19.99
-0.81 -3.89%
Volume: 41.31M
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$22.43 billion
Rev. per Employee
N/A
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/zigman2/quotes/208854639/composite
US : U.S.: NYSE
$ 79.09
-2.09 -2.57%
Volume: 5.06M
Jan. 21, 2022 4:03p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$20.15 billion
Rev. per Employee
$6,871
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/zigman2/quotes/204183397/composite
US : U.S.: NYSE
$ 20.06
-0.97 -4.61%
Volume: 23.13M
Jan. 21, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$8.36 billion
Rev. per Employee
$4,960
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/zigman2/quotes/226284348/composite
US : U.S.: NYSE Arca
$ 23.37
-0.33 -1.39%
Volume: 38,064
Jan. 21, 2022 4:10p
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/zigman2/quotes/206353918/composite
US : U.S.: NYSE Arca
$ 140.36
-1.94 -1.36%
Volume: 59,726
Jan. 21, 2022 4:10p
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/zigman2/quotes/216415466/composite
US : U.S.: NYSE Arca
$ 23.14
-0.50 -2.12%
Volume: 218,840
Jan. 21, 2022 4:10p
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/zigman2/quotes/207744796/composite
US : U.S.: NYSE Arca
$ 20.86
-0.52 -2.43%
Volume: 20.63M
Jan. 21, 2022 4:00p
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