Delta's upbeat forecast lifts JETS 7.3% and AIRL 7.9%, reviving airline ETFs after a rough stretch for the sector.
Launched on 04/30/2015, the U.S. Global Jets ETF (JETS) is a passively managed exchange traded fund designed to provide a broad exposure to the Industrials - Transportation/Shipping segment of the equity market.
The U.S. Global Jets ETF diversifies its holdings beyond U.S.-based air carriers.
If you're interested in broad exposure to the Industrials - Transportation/Shipping segment of the equity market, look no further than the U.S. Global Jets ETF (JETS), a passively managed exchange traded fund launched on 04/30/2015.
Delta Air Lines' stock dropped due to the weak domestic market, highlighting airline stocks' volatility and ongoing industry disruptions. The U.S. Global Jets ETF, despite outperforming recently, faces new pressures from tariffs, supply chain issues, and inflation. Airlines must rationalize costs amid softer consumer confidence and GDP growth uncertainty, making it a good time to sell.
U.S. Global Jets ETF is trending bullishly, approaching the $28.98 resistance level, driven by higher lows and highs since late 2023. Fewer regulations and increased M&A activity under the Trump administration could bolster airline earnings and create economies of scale. A forecasted record of 5.2 billion flyers in 2025 supports robust travel demand, enhancing the potential for higher airline stock prices.
For investors seeking momentum, U.S. Global Jets ETF JETS is probably on the radar. The fund just hit a 52-week high and is up 63% from its 52-week low of $16.48 per share.
Designed to provide broad exposure to the Industrials - Transportation/Shipping segment of the equity market, the U.S. Global Jets ETF (JETS) is a passively managed exchange traded fund launched on 04/30/2015.
The U.S. Global JETS ETF offers exposure to the global airline industry, including airlines, airplane manufacturers, airport operators, and travel booking companies. JETS primarily offers exposure to the global airline business, which accounts for ~74% of the fund's holdings. The airline business has proved challenging for investors historically, and I do not expect this to change.
Designed to provide broad exposure to the Industrials - Transportation/Shipping segment of the equity market, the U.S. Global Jets ETF (JETS) is a passively managed exchange traded fund launched on 04/30/2015.
Investors seeking momentum may have U.S. Global Jets ETF JETS on radar now. The fund recently hit a new 52-week high.
The U.S. Global Jets ETF JETS is soaring, up 51.65% over the past year, powered by strong gains in its top holdings, including Delta Air Lines Inc DAL and Southwest Airlines Co LUV.