In The News

Encouraging Fundamentals for Airlines

from ETF Trends
Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Encouraging Fundamentals for Airlines

Despite controversy on a United Airline flight earlier this year, the U.S. Global Jets ETF (NYSE:JETS) is still up nearly 6 percent year-to-date as of May 10, writes ETF Trends. JETS, the only airline industry-related ETF on the market, has a heavy focus on domestic carriers, along with global aircraft manufacturers and airport companies. According to the article, there are numerous encouraging fundamental factors for airlines right now, including low oil prices (the largest input cost for airlines). Learn what else looks positive for the industry in the full story below.

READ THE ARTICLE FROM ETF TRENDS

 

Article summary written by U.S. Global Investors.

Past performance does not guarantee future results.

Please click here for standardized performance.

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For performance data current to the most recent month-end please call 844. ETF.JETS (844.383.5387) or visit www.usglobaletfs.com.

All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.

The U.S. Global Jets Index seeks to provide access to the global airline industry. The index uses various fundamental screens to determine the most efficient airline companies in the world, and also provides diversification through exposure to global aircraft manufacturers and airport companies. The index consists of common stocks listed on well-developed exchanges across the globe. It is not possible to invest directly in an index.

Dividend yield is a financial ratio that indicates how much a company pays out in dividends each year relative to its share price.

Capital expenditure (Capex) are funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment.