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3 ETFs for a Strong Economic Recovery From the Pandemic

from Morningstar September 25, 2020
3 ETFs for a Strong Economic Recovery From the Pandemic

Morningstar’s Alex Bryan highlighted three ETFs that could benefit from a strong economic recovery from the coronavirus pandemic – one of which is the U.S. Global Jets ETF (JETS). Bryan said some segments of the market could bounce back stronger than others, such as the airline sector, which sold off faster than the wider market in March when the pandemic first began.

“The airline sector could be a good place to be as the economy recovers from the pandemic, as it is one of the industries most directly affected by the virus. JETS offers a good way to get exposure to this sector.”

Bryan notes that JETS, which tracks the global airline industry, is a risky investment given travel has seen a slow recovery and many countries still have lockdowns or quarantine in place. “A slow recovery could seriously hurt JETS, but the market has already priced in a gloomy outlook, leaving room for airline stocks to surprise on the upside.”

Learn more about the JETS ETF – the only pure-play airline ETF on the market – by clicking the button below!

U.S. Global Investors has authored and is responsible for the summary on this page. All opinions expressed and data provided are subject to change without notice. Opinions are not guaranteed and should not be considered investment advice.

The outbreak of the COVID-19 pandemic and the resulting actions to control or slow the spread has had a significant detrimental effect on the global and domestic economies, financial markets and industries, including airlines. U.S. Global Investors continues to monitor the impact of COVID-19, but it is too early to determine the full impact this virus may have on commercial aviation. Should this emerging macro-economic risk continue for an extended period, there could be an adverse material financial impact to the U.S. Global Jets ETF.