New Airline ETF Appears to Have a “Well-Timed Launch”

Todd Shriber of ETF Trends makes the case that the U.S. Global Jets ETF (NYSE: JETS) has a “well-timed launch.” He cites a number of positive factors such as lower fuel prices, the affordable valuation of airlines right now and the fact that many of them are now paying or have increased their dividends.

“For years, airlines were lousy dividend payers,” Shriber writes, “but that is starting to change.”

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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.

There is no guarantee that the issuers of any securities will declare dividends in the future or that, if declared, will remain at current levels or increase over time.

The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies.

Price-Earnings Ratio (P/E Ratio) is determined by dividing the price of the stock by the company’s forecasted earnings per share.