Tom Lydon of ETF Trends writes how a tumbling oil price is being blamed for much of 2016’s lackluster start across global equity markets, but states that some corners of the market are actually benefitting from low oil. More specifically, he points to the U.S. Global Jets ETF (JETS), which invests in global airline-related stocks. Since fuel is the largest input cost for airlines, Tom says an “obvious candidate” to benefit from low oil is this sole airline ETF.
Article summary written by U.S. Global Investors.