AWAY vs WRND

AWAYDAmplify Travel Tech ETF

WRNDBNYLI Global Equity R&D Leaders ETF

In short

AWAY A bet on how travel gets booked, not where it goes: roughly 30 global names behind online reservations, ride hailing, price comparison and review sites. It launched in February 2020, weeks before the world stopped flying.

WRND Most innovation funds sell you a story. WRND buys receipts: roughly 200 companies worldwide picked on what they actually spend on R&D and whether that spending earns a return, at a fee well under the thematic norm.

Stated mandate

AWAY AWAY seeks to track, before fees and expenses, the total return of the Prime Travel Technology Index NTR. It invests mainly in companies using internet technology for bookings, ride sharing, price comparison, and travel advice.

WRND The Fund seeks to track, before fees and expenses, the price and yield performance of the IQ Global Equity R&D Leaders Index. Its passive strategy targets innovative companies worldwide based on high research and development spending.

Why people hold it

• AWAY Targets the software layer of travel: booking platforms, ride sharing, price comparison and travel advice. Airlines and hotel chains are not the point here.amplifyetfs.com
• Global mandate, so the basket can reach booking and mobility platforms listed outside the US, not just the familiar American names.
• Rules-based and transparent: it tracks the Prime Travel Technology Index NTR with roughly 30 stocks, a holdings list you can actually read top to bottom.
• Plain 1940 Act equity ETF. No leverage, no derivatives overlay, no options income machinery to decode.amplifyetfs.com

• WRND 0.18% a year against a 0.56% median for its global thematic peers. Innovation exposure without the boutique markup.newyorklifeinvestments.com
• Selection leans on the income statement: R&D intensity paired with return on invested capital, favoring firms that turn research budgets into results.newyorklifeinvestments.com
• Roughly 200 names from a global universe, one of three R&D-screened funds New York Life launched in 2022 rather than a one-off experiment.businesswire.com

Worth knowing

• AWAY The fee is 0.75%, above the typical global thematic fund. That is the price of a narrow niche few competitors cover.
• A small fund that trades thinly, so spreads can run wider than on a mainstream index ETF. Limit orders matter more here.
• Roughly 30 growth-oriented stocks tied to one demand cycle, and it has not been paying distributions. Any return would come from prices, not income.

• WRND Small and lightly traded, so bid/ask spreads tend to run wider than on mainstream global index funds.
• Weighting by R&D dollars, with a cap on any single position, tilts the book toward the world's largest research spenders.businesswire.cometfstrategy.com
• Distributions arrive quarterly, but income isn't the mandate; the index screens on research spending, not payouts.

Full AWAY profile⁠

Full WRND profile⁠