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FedEx Earnings Shines Light on Transportation ETFs

from Benzinga

Benzinga staff writer Todd Shriber writes that the U.S. Global Jets ETF (JETS), an “all-in” exchange-traded fund focusing on the airline industry, is one approach investors can take who are looking for exposure to transportation stocks. Following an earnings update from FedEx Corportation, Shriber details a number of ETFs focused on all areas of transportation. He notes that for the JETS ETF in particular, one of the largest movers of the fund is oil prices.

You can read the full article, “The FedEx Effect – How the Shipping Giant Impacts ETFs,” on Benzinga.com.

Article summary written by U.S. Global Investors.