Iran conflict flare-up awakens bears in airline stocks, but there's one big catch
The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last week.
JETS: Taking Flight Amid Lower Oil, But Skies Ahead Not Yet Clear
US Global Jets ETF is rated Hold, with shares at key resistance after a 28% rally driven by falling oil prices. JETS offers solid valuation at 14.7x P/E and a sub-1x PEG, but remains highly cyclical and concentrated in Industrials. Portfolio is diversified by size, style, and geography, with Delta as the largest holding and significant SMID-cap and non-US exposure.
JETS vs. ITA: Airlines or Aerospace, Which Aviation ETF Is Actually Flying?
The U.S. Global Jets ETF (NYSEARCA:JETS) and the iShares U.S.
Should You Invest in the U.S. Global Jets ETF (JETS)?
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 April 30, 2015.
Foreign soccer fans ditch FIFA World Cup, threatening ‘$30B' economic boom for the US
Visa delays, concerns about how they would be treated by immigration officials, soaring airfares, a strong US dollar, and geopolitical tensions have kept international travelers home, hotel industry body the AHLA said.
2 ETFs to Play Both Sides of the Iran War Ceasefire
As the U.S. war in Iran enters its third month, the market has seemingly stabilized after initial concerns about energy industry shocks and the price of oil. However, ongoing political developments—including the continuing ceasefire beginning in early April—mean that uncertainty is still very much a predominant factor.
The surging price of jet fuel is hurting US airlines. Here's how much it has cost them so far.
Airlines are facing big increases in jet fuel costs due to the Iran war. CEOs are reducing capacity and increasing ticket prices and bag fees.
U.S. Airlines Raise Fares, Trim Capacity for Summer as Fuel Costs Jump
U.S. airlines are raising fares and baggage fees to offset higher fuel costs from the Iran war. Some are also cutting capacity heading into the busy summer travel season.
Airline ETF Up 5% in a Month Despite War: Buy, Hold or Sell?
Airline stocks and exchange-traded fund (ETF) are highly sensitive to the Iran war, mainly due to cost shocks and, to some extent, demand woes. Jet fuel is a major expense (about 20-30% of costs), and oil price spikes during conflicts in the Middle East squeeze margins.
Should You Invest in the U.S. Global Jets ETF (JETS)?
The U.S. Global Jets ETF (JETS) was launched on April 30, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Transportation/Shipping segment of the equity market.
Fuel Prices to Stay High for Long? Airlines ETFs in Focus
Airlines face turbulence as oil spikes on Iran crisis. Capacity cuts may support margins, but ETFs like JETS lag while inverse plays surge.
3 ETFs to Avoid as Oil Shock Hits Markets
A new energy shock has struck global markets as the U.S.-Israeli war against Iran enters its second week. Oil prices briefly shot over $115 per barrel in the overnight session on Sunday, March 8, before settling back under $90 by Monday evening.
