Travel Gets Back to Business

The S-Network Global Travel Index (TRAVEL) is largely consumer-driven to the extent that performance is more aligned with consumer-based indexes rather than other traveling-related indexes. We’ve discussed in previous notes how top constituents include luxury goods retailers (LVMH Moet Hennessy Louis Vuitton SE [MC FP, 4.7% index weight] and Estee Lauder Companies [EL, 3.9% index [...] The post Travel Gets Back to Business appeared first on ETF Trends .