Back to top

Image: Bigstock

Should You Invest in the U.S. Global Jets ETF (JETS)?

Read MoreHide Full Article

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 - Free Report) , a passively managed exchange traded fund launched on April 30, 2015.

An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.

Additionally, sector ETFs offer convenient ways to gain low risk and diversified exposure to a broad group of companies in particular sectors. Industrials - Transportation/Shipping is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 12, placing it in bottom 25%.

Index Details

The fund is sponsored by U.S. Global Investors. It has amassed assets over $778.07 million, making it one of the larger ETFs attempting to match the performance of the Industrials - Transportation/Shipping segment of the equity market. JETS seeks to match the performance of the U.S. Global Jets Index before fees and expenses.

The U.S. Global Jets Index tracks the performance of Airline Companies across the globe with an emphasis on domestic passenger airlines.

Costs

Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same.

Annual operating expenses for this ETF are 0.6%, making it on par with most peer products in the space.

Sector Exposure and Top Holdings

It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis.Looking at individual holdings, Southwest Airlines Co (LUV) accounts for about 11.58% of total assets, followed by Delta Air Lines Inc (DAL) and United Airlines Holdings Inc (UAL).

The top 10 holdings account for about 65.46% of total assets under management.

Performance and Risk

Year-to-date, the U.S. Global Jets ETF has lost about 4.52% so far, and is up roughly 8.81% over the last 12 months (as of 10/14/2026). JETS has traded between $23.64 and $33.53 in this past 52-week period.

The ETF has a beta of 1.22 and standard deviation of 31.05% for the trailing three-year period, making it a high risk choice in the space. With about 55 holdings, it effectively diversifies company-specific risk.

Alternatives

U.S. Global Jets ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, JETS is a reasonable option for those seeking exposure to the Industrials ETFs area of the market. Investors might also want to consider some other ETF options in the space.

First Trust NASDAQ Transportation ETF (FTXR) tracks Nasdaq US Smart Transportation Index and the iShares U.S. Transportation ETF (IYT) tracks Dow Jones Transportation Average Index. First Trust NASDAQ Transportation ETF has $997.83 million in assets, iShares U.S. Transportation ETF has $2.00 billion. FTXR has an expense ratio of 0.6%, and IYT charges 0.37%.

Bottom Line

To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center.

Published in