Workflow
Should You Invest in the U.S. Global Jets ETF (JETS)?
ZACKSยท2025-07-28 11:20

Core Insights - The U.S. Global Jets ETF (JETS) is a passively managed fund launched on April 30, 2015, aimed at providing broad exposure to the Industrials - Transportation/Shipping segment of the equity market [1] - The ETF has accumulated over $873.11 million in assets, positioning it as an average-sized ETF in its category [3] - JETS seeks to match the performance of the U.S. Global Jets Index, which focuses on airline companies globally, particularly domestic passenger airlines [3] Costs - The annual operating expenses for JETS are 0.6%, which is competitive with most peer products in the sector [4] Sector Exposure and Top Holdings - Southwest Airlines Co (LUV) constitutes approximately 10.64% of total assets, followed by United Airlines Holdings Inc (UAL) and American Airlines Group Inc (AAL) [5] - The top 10 holdings represent about 60.49% of total assets under management [6] Performance and Risk - As of July 28, 2025, JETS has experienced a loss of about 3.04% year-to-date but has gained approximately 29.03% over the past year [7] - The ETF has traded between $16.76 and $26.81 in the last 52 weeks, with a beta of 1.32 and a standard deviation of 29.45% over the trailing three-year period, indicating a high-risk profile [7] Alternatives - JETS carries a Zacks ETF Rank of 3 (Hold), suggesting it is a viable option for investors seeking exposure to the Industrials ETFs area [8] - Other alternatives include the SPDR S&P Transportation ETF (XTN) and the iShares U.S. Transportation ETF (IYT), with assets of $151.54 million and $733.77 million respectively [9][10]