ETF Reconstitution

December 2022 Quarterly Reconstitution: JETS, GOAU, and SEA

Our ETF indices are rebalanced and reconstituted quarterly. At the close on December 9, 2022, the indices for the JETS ETF, the GOAU ETF and the SEA ETF, underwent reconstitution changes to their multi-factor, rules-based models. Below are the details of the stocks that came in and out of each ETF Index.

Meet the Stocks Joining the JETS ETF

The U.S. Global Jets ETF (JETS) tracks the U.S. Global Jets Index (JETSX), which seeks to capture the performance of airline companies across the globe with an emphasis on domestic passenger airlines.

Deletions: The five companies leaving JETSX are Air Transport Services Group, Tongcheng Travel Holdings, Air China, Aeroports de Paris SA, and Sun Country Airlines Holdings.

Additions: Below are the three companies that will join the index, effective December 9, 2022.

Company NameTickerPrimary BusinessWeighting
Bombardier, Inc.BBD.B-CAAirline Manufacturer2.00%
Cathay Pacific Airways Ltd.293-HKInternational Airline0.50%
SATS Ltd.S58-SGAirport Services0.50%

NOTE: The U.S. Global Jets Index is comprised of 50 companies meeting certain criteria and screening factors. At this rebalance, the index will be comprised of 46 companies until the next re-balancing and reconstitution date. Due to the lack of companies meeting the screening criteria, only 46 companies were eligible for inclusion in the index.

Meet the Stocks Joining the GOAU ETF

The U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU) tracks the U.S. Global GO GOLD and Precious Metal Miners Index (GOAUX), which aims to capture the performance of companies engaged in the production of precious metals either through active (mining or production) or passive (owning royalties or production streams) means.

Deletions: The nine companies leaving GOAUX are Agnico-Eagle Mines, Anglo Platinum, Argonaut Gold, B2Gold Corp, Endeavour Mining Plc, Hochschild Mining Plc, Oceanagold Corp, Royal Bafokeng Platinum, and West African Resources.

Additions: Below are the nine companies that will join the index, effective December 9, 2022.

Company NameTickerPrimary BusinessWeighting
China Gold International Resources2099-HKMining3%
Fortuna Silver Mines, Inc.FSM-USMining3%
Karora Resources, Inc.KRR-CAMining3%
Northam Platinum HoldingsNPH-ZAMining2%
Northern Star ResourcesNST-AUMining2%
Perseus Mining Ltd.PRU-AUMining2%
Sandstorm GoldSAND-USRoyalty4%
St Barbara LtdSBM-AUMining2%
Victoria Gold Corp.VGCX-CAMining3%

Meet the Stocks Joining the SEA ETF

The U.S. Global Sea to Sky Cargo Index (SEAX) seeks to provide diversified access to the global sea shipping and air freight industries.

Deletions: The four companies leaving SEAX are Iiono Kaiun Kaisha, Cargojet Inc., Golar LNG Limited, and Hapag-Lloyd AG.

Additions: Below are the four companies that will join the index, effective December 9, 2022.

Company NameTickerPrimary BusinessWeighting
D/S Norden A/SDNORD-DKShipping2.00%
Pan Ocean Co., Ltd.028670-KRShipping2.00%
CryoPort, Inc.CYRX-USLogistics3.00%
Mitsubishi Logistics Corporation9301-JPLogistics3.00%