AdvisorShares Hotel ETF
BEDZ
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- AdvisorShares Hotel ETF (BEDZ) is an actively managed exchange-traded fund that provides focused exposure to the global hotel industry and travel-related services, including hotels, resorts, cruise lines, casinos, and online booking platforms; it invests primarily in U.S.-listed equity securities such as common stocks, preferred stocks, real estate investment trusts, and American Depositary Receipts (ADRs) of companies deriving at least 50% of their revenue from the hotel business or related lodging and travel services. Launched on April 20, 2021, and listed on NYSE Arca with CUSIP 00768Y396, the ETF is issued by AdvisorShares Trust, headquartered at 4800 Montgomery Lane, Suite 150, Bethesda, Maryland. Top holdings as of recent data include Expedia Group Inc., Host Hotels & Resorts Inc., Trip.com Group Ltd-ADR, Monarch Casino & Resort Inc., Carnival Corp., Hilton Worldwide Holdings Inc., Viking Holdings Ltd., H World Group Ltd-ADR, Norwegian Cruise Line Holdings Ltd., and Gaming and Leisure Properties Inc., representing diverse segments within consumer cyclical equities focused on hospitality and leisure. The fund targets investors seeking thematic diversification and alpha opportunities from secular and cyclical trends in global tourism, which has grown significantly since the 1950s and contributes over 9% to global GDP; it emphasizes pent-up demand post-COVID and international expansion by U.S.-based chains. Geographically, BEDZ offers exposure to U.S. and non-U.S. companies, with holdings spanning domestic operators and foreign entities via ADRs, enabling portfolio complementarity to broad equity allocations. Managed by Dan Ahrens, a Managing Director and COO of AdvisorShares with over two decades in financial services, the ETF maintains a net expense ratio of 0.99% after fee waivers, with assets under management around $1.8-$2.8 million as of late 2025. In recent developments, AdvisorShares announced sub-advisor changes to certain ETFs including BEDZ in October 2021, alongside quarterly distributions in 2025 (March, June, September) and year-end estimates in December 2025 and 2024, reflecting ongoing operational adjustments. The firm also executed reverse splits for other ETFs in November 2024 and August 2024, launched the HVAC and Industrials ETF (HVAC) in February 2025, and highlighted U.S. cannabis market reforms in October 2024, indicating broader strategic evolution within its thematic ETF lineup. No major acquisitions, partnerships, or name changes specific to BEDZ have been reported in the last 1-2 years, with the fund maintaining its dedicated hospitality focus amid fluctuating performance.