ETFMG 2x Daily Travel Tech ETF (AWYX) is a leveraged exchange-traded fund that seeks daily investment results, before fees and expenses, that correspond to two times (2x) the performance of the Prime Travel Technology Index NTR. The fund provides amplified exposure to globally exchange-listed equities of companies engaged in travel technology businesses, including online travel agencies, ride-sharing platforms, travel price comparison services, booking systems, and travel advice providers; its underlying index tracks fundamentally screened companies weighted by proprietary market capitalization methodology with quarterly rebalancing. Launched in June 2021 by ETF Managers Group LLC (ETFMG), a thematic ETF provider founded in 2014 and headquartered in Summit, New Jersey, the fund targets sophisticated investors seeking short-term trading opportunities in the global travel technology sector with an expense ratio of 0.95%.
In January 2024, Amplify ETFs completed the acquisition of ETFMG's ETF assets, including AWYX, adding over $3.7 billion in assets under management to Amplify's lineup and positioning the fund under new management while maintaining its leveraged strategy focused on travel tech themes. The transaction enhanced distribution and platform access for AWYX amid Amplify's growth to manage approximately $9.1 billion across expanded thematic ETFs as of early 2024. No further major changes, such as new product launches, partnerships, or closures specific to AWYX, have been reported through late 2025.