Travel Technology & Services ETFs can't catch a break with Omicron worries

7 Thematic ETFs with exposure to the Travel Technology & Services Theme have lost -18% over the past month and witnessed a combined outflow of -$108 million. The plunge is tied to the Omicron variant worries and measures taken by nations to stop its propagation.

The ETFs in-play provide exposure to airlines, hotels, cruise lines, and other travel technologies and services. These industries are highly sensitive to COVID-19 updates and were one of the worst bleeders in March 2020 market crash. Despite recouping some of these losses this year with the vaccine rollouts and reopening of economies, new variants remain a threat to the overall health of the travel and leisure sector.

So far, there are conflicting data on Omicron's transmissibility, disease severity, and resistance to the available vaccines. While the fog clears, investors can keep an eye on U.S. Global Jets ETF, ETFMG Travel Tech, SonicShares Airlines, Hotels, Cruise Lines ETF, Defiance Hotel, Airline and Cruise ETF, AdvisorShares Hotel ETF, and HANetf U.S. Global Jets UCITS ETF.

Find and compare over 8,000 ETFs with our free tools:  

• ETF Screener  
• ESG Investing  
• Thematic Investing
• Download Trackinsight Global ETF Survey 2021  

Interested in seeing lists of top-performing ETFs? Check out our new Investing Guides:

• Gold ETFs
• Silver ETFs
• Commodity ETFs
• Oil ETFs
• ESG ETFs