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What is the Global jets ETF (Jets)?
The U.S. Global Jets ETF (JETS) invests in U.S. and non-U.S. airline companies. The airline stocks primarily consist of passenger airlines, including aircraft manufacturers and airport companies. The benchmark index uses a tiered weighting scheme driven mostly by market cap as well as passenger load.Which ETFs invest in airline stocks?
ETFs that invest in airline stocks, as well as other transportation industry companies, include the iShares U.S. Transportation ETF (IYT) and the SPDR S&P Transportation ETF (XTN).What are airline ETFs?
Airline ETFs invest mostly in the stocks of airlines or related companies. These may include those involved in passenger services, manufacturing, air freight and logistics, and airport services. Examples include Delta Airlines (DAL), United Airlines (UAL), and American Airlines (AAL).