The U.S. Global Jets ETF (JETS) was featured as the ETF of the week ended January 25, 2019 by ETF.com.
Although airports experienced delays and flight demand weakened slightly during the 35-day U.S. government shutdown in late December and January, airlines still reported strong fourth-quarter earnings. Strong airline earnings reports can be positive for the JETS ETF because 89 percent of its holdings are comprised of passenger airlines, as of December 31, 2018.
The feature by ETF.com writes that JETS weighs its stocks by market capitalization “as well as [airlines’] passenger load, prioritizing larger air carriers over smaller ones.” The article also describes the fund as “the only direct flight (no pun intended) to pure-play airline exposure, making it a vital play for any investor in the transportation sector.”
For investors seeking exposure to the airline industry, the U.S. Global Jets ETF (JETS) is the only available pure-play fund that focuses on the global aviation industry.
Read the full article, “ETF Of The Week: Airline Fund Flying High,” on www.ETF.com.
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View JETS top 10 holdings by clicking here.