As of February 14, airline stocks were up an average of 15 percent for the year, despite crude oil rebounding 20 percent, according to research from Kristen Perleberg featured in Barron’s. A senior analyst and portfolio manager at Leithold Group, Perleberg found that “some of the strongest performances for airline stocks have occurred when real prices of crude, adjusted for inflation, were above historical averages.” Bullish on the airline industry, she writes that “stabilizing fuel costs coupled with an improving supply/demand setting could be just what airline stocks need to take flight.”
The Barron’s article mentioned the U.S. Global Jets ETF (JETS) as one way for investors to gain exposure to a group of airline stocks. The ETF holds a basket of 33 stocks and was up 12.5 percent year-to-date as of February 14. JETS is also the only available pure-play ETF that focuses on the global aviation industry. Learn more about the fund by clicking the button below!
Read the full article, “Airline Stocks Are Flying High. Here’s Why,” on barrons.com.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. The expense ratio is 0.60%.
Past performance does not guarantee future results.
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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.