Zacks recaps the 2015 second quarter earnings season, focusing on four exchange-traded funds (ETFs) that “generated handsome returns over the trailing one month.” The U.S. Global Jets ETF (JETS), which tracks the U.S. Global Jets Index, was one of these funds, delivering almost 9 percent over the trailing one-month period ended August 10, 2015.
The fund, according to Zacks, has a “certain tilt” toward large-cap airline stocks such as Southwest Airlines, Delta Air Lines, United Continental and American Airlines. Mid-cap stocks represent 17 percent of the fund, while small-caps are 23 percent.
Article summary written by U.S. Global Investors.