GET DAILY SIGNALSAWAY vs PEJ: Two Different Paths to Travel and Leisure Exposure
Key Takeaways
- AWAY is a narrowly focused, global travel-technology fund, while PEJ is a broader U.S. leisure and entertainment portfolio spanning hotels, airlines, casinos, cruises, restaurants, and media.
- PEJ is the more cost-efficient vehicle, with a 0.58% expense ratio versus 0.75% for AWAY.
- PEJ carries roughly ten times more assets than AWAY, giving it a deeper liquidity profile and lower structural risk of wide bid-ask spreads or closure.
- AWAY derives more than half its exposure from non-U.S. issuers and small-cap names, making it more volatile and more sensitive to currency and single-stock risk.
- Both funds are non-diversified and thematic, but PEJ spreads risk across a wider set of subsectors through a quarterly, multi-factor rebalancing process.
- Tickeron AI Verdict: The AI model favors PEJ for its cost efficiency, liquidity, diversification, and more consistent trend characteristics.
Why These Two ETFs Stand Out
Investors looking for exposure to consumer spending on experiences often consider two distinct exchange-traded funds. The Amplify Travel Tech ETF (AWAY) and the Invesco Dynamic Leisure and Entertainment ETF (PEJ) both operate in the travel-and-leisure space, yet they follow quite different approaches. AWAY focuses on the technology platforms behind booking, mobility, and trip management, while PEJ holds a diversified set of U.S. companies that deliver the actual leisure services. Comparing them helps clarify how these separate exposure profiles behave across the same economic environment.
Amplify Travel Tech ETF (AWAY) Overview
The Amplify Travel Tech ETF (AWAY) follows an index of globally listed firms in the travel technology sector, covering online travel agencies, booking platforms, ride-hailing services, and related software providers. It typically holds 29 to 31 securities and remains non-diversified. The expense ratio stands at 0.75%, and the fund launched in February 2020. I also checked this using Tickeron’s AI Screener to see how the holdings stack up against peers in the space. Top positions have included EXPE, ABNB, BKNG, MMYT, UBER, and LYFT, along with international names such as Trainline, Navan, Amadeus IT Group, and TravelSky Technology. Consumer cyclical names make up roughly 60–65% of the portfolio, with technology at 30–35%. More than half the holdings come from non-U.S. issuers, and a notable portion sits in smaller companies, which adds currency and company-specific risk.
Invesco Dynamic Leisure and Entertainment ETF (PEJ) Overview
The Invesco Dynamic Leisure and Entertainment ETF (PEJ) tracks the Dynamic Leisure & Entertainment Intellidex Index, which applies a multi-factor, tiered equal-weighted approach to 30 U.S. leisure and entertainment companies. The index evaluates stocks on price momentum, earnings momentum, quality, management action, and value, with rebalancing each February, May, August, and November. The fund uses full replication and carries a net expense ratio of 0.58%. Holdings span hotels, restaurants, airlines, cruise lines, casinos, and media. Representative names have included MAR, DAL, SYY, LYV, SBUX, RCL, and CCL. With assets in the hundreds of millions and about 92% U.S. exposure, PEJ offers stronger liquidity and a more domestically focused risk profile.
Current Industry Environment
The travel and leisure sector continues to navigate a mixed setting. Steady demand for services and experiences has supported hotels, cruises, and live events, even as corporate and international travel recovers at an uneven pace. The area remains sensitive to pressures on discretionary income, rising airfares and labor costs, fuel prices, and geopolitical events. AWAY draws more from platform economics and global booking volumes, while PEJ reflects physical operations such as airline capacity and hotel occupancy. Regulatory issues around platforms and currency movements weigh more heavily on AWAY, whereas fuel costs and domestic consumer sentiment matter more for PEJ.
Performance Patterns and Positioning
Over recent cycles the two funds have moved differently because their underlying drivers differ. PEJ has shown more balanced behavior across the leisure complex, aided by its quarterly rebalancing toward stronger momentum and fundamentals. AWAY, with its heavier tilt toward higher-beta technology and smaller international names, tends to produce sharper swings during risk-off periods. Cost and liquidity further differentiate them: the 0.58% expense ratio at PEJ is lower than AWAY’s 0.75%, and the larger asset base supports tighter spreads. From what I see, the choice often comes down to whether an investor prefers concentrated global tech exposure or a broader, more domestically anchored set of operators.
Tickeron AI Verdict
Based on structural factors, Tickeron’s AI model currently favors PEJ over AWAY. PEJ combines a lower expense ratio, a larger and more liquid asset base, wider diversification across leisure subsectors, and a disciplined rebalancing process that emphasizes momentum and quality. AWAY’s concentrated global travel-technology focus and heavier non-U.S. and small-cap weighting bring greater single-stock, currency, and liquidity risks. While AWAY may deliver stronger upside in a travel-tech rally, PEJ’s steadier profile, cost edge, and diversification make it the more consistent option in the present setting.
Using Tickeron’s AI Tools in Research
I often turn to Tickeron’s AI Screener when comparing ETFs like these. It lets me filter across technical patterns, fundamentals, and industry trends in one place, which helps surface relative strengths without manual effort. The tool has become a regular part of how I evaluate positioning between funds with different risk profiles.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
Momentum Indicator for PEJ turns positive, indicating new upward trend
PEJ saw its Momentum Indicator move above the 0 level on October 06, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 83 similar instances where the indicator turned positive. In 78 of the 83 cases, the stock moved higher in the following days. The odds of a move higher are at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Moving Average Convergence Divergence (MACD) for PEJ just turned positive on September 28, 2026. Looking at past instances where PEJ's MACD turned positive, the stock continued to rise in 38 of 45 cases over the following month. The odds of a continued upward trend are 84%.
PEJ moved above its 50-day moving average on October 15, 2026 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for PEJ crossed bullishly above the 50-day moving average on October 22, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In 16 of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 90%.
Following a +2.45% 3-day Advance, the price is estimated to grow further. Considering data from situations where PEJ advanced for three days, in 259 of 308 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
The Aroon Indicator entered an Uptrend today. In 265 of 320 cases where PEJ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 83%.
Bearish Trend Analysis
The 10-day RSI Indicator for PEJ moved out of overbought territory on October 30, 2026. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 42 similar instances where the indicator moved out of overbought territory. In 37 of the 42 cases, the stock moved lower in the following days. This puts the odds of a move lower at 88%.
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
PEJ broke above its upper Bollinger Band on October 20, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
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