Sales of distilled spirits topped $72 billion in 2015.
“A thirst for bourbon, Tennessee whiskey, and rye whiskey at home and abroad helped to boost the overall supplier sales for spirits up 4.1%, said the Distilled Spirits Council in a statement. American whiskeys outpaced the industry with a 7.8% growth from the previous year to revenues of $2.9 billion,” according to Fortune.
Only vodka has a larger share of the U.S. distilled spirits market than whiskey.
The ETF’s “Index tracks the performance of the exchange-listed equity securities (or corresponding American Depositary Receipts (“ADRs”) or Global Depositary Receipts (“GDRs”)) of companies across the globe (including in emerging markets) and across a wide variety of industries that are involved in the overall “Bourbon and Whiskey Economy,” defined as (i) bourbon or whiskey production; (ii) the provision ofingredients used in the production, distillation, storage, or aging of bourbon or whiskey Bourbon and Whiskey Ingredients”); (iii) crop establishment, management, and harvesting with respect to Bourbon and Whiskey Ingredients; (iv) by-product management with respect to Bourbon and Whiskey Ingredients; (v) distribution, sales, and marketing of bourbon or whiskey; and (vi) consumption of bourbon or whiskey (collectively, “Bourbon and Whiskey Economy Companies”),” according to the SEC filing.
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