The Globe and Mail asked market experts for their views on ways to play the post-lockdown boom through exchange-traded funds. The article highlights eight total ETFs, one of which is the U.S. Global Jets ETF (JETS).
Todd Rosenbluth, Director of ETF and Mutual Fund Research at CFRA Research, comments that leisure air travel has begun recovering in the United States, and business travel is also expected to rebound, though perhaps not quite to pre-pandemic levels. Rosenbluth mentions JETS as one way to play the rebound, saying the following:
“While it’s focused [JETS] on just one industry, there’s security-level diversification that adds to its value.” Never-the-less, diversification does not ensure a profit or guarantee against a loss.
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.