U.S. Global Jets ETF
JETS
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 7900 Callaghan Road San Antonio TX United States of America 78229
- IPO Date
- Apr 30, 2015
- CIK
- 0001540305
- Website
- usglobaletfs.com
- Similar Companies
- Business
- U.S. Global Jets ETF (JETS) is an exchange-traded fund that provides investors with targeted exposure to the global airline industry, tracking the U.S. Global Jets Index (JETSX); the fund invests in a diversified portfolio of approximately 50 holdings, including passenger and cargo airlines, aircraft manufacturers, airport operators, transportation infrastructure providers, online travel booking platforms, and related commercial services companies from around the world. Top holdings typically feature leading U.S. carriers such as Southwest Airlines Co. (LUV; approximately 11.93%), American Airlines Group Inc. (AAL; 11.40%), Delta Air Lines Inc. (DAL; 10.88%), and United Airlines Holdings Inc. (UAL; 9.82%), alongside international names like Air Canada, Ryanair Holdings PLC, and Airbus Group SE, with weightings determined by a proprietary rules-based methodology that emphasizes market capitalization, trading volume, passenger load factors, and fundamental rankings; the top four U.S. airlines receive 10% weightings each, followed by additional U.S./Canadian airlines at 3%, non-airline supporters at 2%, and global firms at 1% or 0.5%. The ETF, which maintains a net expense ratio of 0.60%, rebalances quarterly and is listed on the NYSE Arca exchange. Launched on April 28, 2015, and domiciled in the United States with management by U.S. Global Investors, Inc. (headquartered in San Antonio, Texas), JETS operates globally with holdings spanning North America, Europe, Asia-Pacific, Latin America, and other regions, serving institutional and retail investors seeking sector-specific aviation exposure. The fund is available for trading in markets including the United States, Mexico, Peru, and Colombia. In recent developments, the related U.S. Global Jets UCITS ETF (Europe-domiciled version) merged into the U.S. Global Travel UCITS ETF (TRIP) effective April 19, 2024, streamlining the product lineup while the core U.S.-listed JETS continues to operate independently under its smart beta 2.0 strategy. Amid a bullish outlook for 2025 driven by anticipated deregulation, increased mergers and acquisitions in the airline sector under the current U.S. administration, and record projected air passenger volumes exceeding 5.2 billion globally, JETS has exhibited strong momentum with a 31.6% rebound from April 2025 lows, reflecting robust travel demand and positive market sentiment toward airline stocks. Net assets stood at approximately $750 million as of late 2025, underscoring sustained investor interest in the aviation theme.