2024-02-06 03:01:31 ET
Summary
- The airline sector has underperformed the markets so far this year, with the U.S. Global Jets ETF lagging behind.
- JETS is a pure-play airline-focused ETF with a high expense fee of 0.6%.
- The profitability outlook for the airline industry is mixed, with expected growth in passenger volumes but potential headwinds from higher input costs and lower airfares.
Investment Thesis
The airline sector of stocks has not had the leisure of enjoying a formidable start to the year. The markets moved ~4% higher on average year-to-date, with technology stocks again leading the way as they did last year. But as can be seen in the chart below, the basket of airline stocks represented by the U.S. Global Jets ETF ( JETS ) underperformed the markets....
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For further details see:
JETS: Hold The Flight To Fly Into This ETF