JETS

U.S. Global Jets ETF

$24.87

+0.00%

Market closed. Last update: 12:29 PM ET

📎 Investment Objective

The U.S. Global Jets ETF seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the U.S. Global Jets Index, which is designed to track the performance of the global airline industry.

Overview

ETF tracking U.S. Global Jets ETF

Category Industrials

Issuer Other

Inception Date 2015-04-30

Market Cap $754.8M

Average Volume N/A

Dividend Yield N/A

52-Week Range $17.37 - $26.81

VWAP $24.92

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF invests at least 80% of its total assets in the securities that comprise the U.S. Global Jets Index. The index is composed of the common stock (or depository receipts) of U.S. and international passenger airline companies, aircraft manufacturers, and airport and terminal services companies.

✨ Key Features

Provides exposure to the global airline industry, including passenger airlines, aircraft manufacturers, and airport/terminal services companies.
Tracks the performance of the U.S. Global Jets Index, which is designed to represent the global airline industry.
Diversified portfolio of airline-related companies across different sub-sectors and geographies.
Low expense ratio of 0.00%.

⚠️ Primary Risks

Concentration risk: The fund is concentrated in the airline industry, which can be volatile and sensitive to economic conditions, fuel prices, and other factors.
International risk: The fund invests in both U.S. and international companies, which can be subject to political, economic, and currency risks.
Liquidity risk: The fund may have difficulty trading certain securities, especially during times of market stress.
Tracking error risk: The fund may not perfectly track the performance of its underlying index.

👤 Best For

The U.S. Global Jets ETF may be suitable for investors seeking exposure to the global airline industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon, as the airline industry can be volatile. The fund may be particularly appealing to investors who believe in the long-term growth potential of the global airline sector.