Us Global Jets Etf Profile
| JETS Etf | USD 20.41 0.28 1.39% |
Performance10 of 100
| Odds Of DistressLess than 9
|
US Global is selling for under 20.41 as of the 19th of April 2024; that is 1.39 percent up since the beginning of the trading day. The etf's lowest day price was 20.28. US Global has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for US Global Jets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund uses a passive management approach to track the performance, before fees and expenses, of the index. US Global is traded on NYSEARCA Exchange in the United States. More on US Global Jets
Moving together with JETS Etf
| 0.81 | XLI | Industrial Select Sector | PairCorr |
| 0.85 | ITA | iShares Aerospace Defense | PairCorr |
| 0.79 | VIS | Vanguard Industrials | PairCorr |
| 0.76 | FXR | First Trust Industri | PairCorr |
| 0.79 | PPA | Invesco Aerospace Defense Potential Growth | PairCorr |
| 0.81 | IYJ | iShares Industrials ETF | PairCorr |
JETS Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. US Global's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding US Global or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Old Name | Leverage Shares -3x Short Airlines ETC EUR |
| Business Concentration | Industrials ETFs, Sector ETFs, Industrials, U.S. Global Investors (View all Sectors) |
| Issuer | US Global Investors |
| Inception Date | 2015-04-28 |
| Benchmark | U.S. Global Jets Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.23 Billion |
| Average Trading Valume | 2.85 Million |
| Asset Type | Equity |
| Category | Sector |
| Focus | Industrials |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | U.S. Bancorp Fund Services, LLC |
| Advisor | U.S. Global Investors, Inc. |
| Custodian | U.S. Bank, N.A. |
| Distributor | Quasar Distributors, LLC |
| Portfolio Manager | Frank E. Holmes, Ralph P. Aldis |
| Transfer Agent | U.S. Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 55.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 7.25 |
| Name | U.S. Global Jets ETF |
| Currency Code | USD |
| Open Figi | BBG008LT6106 |
| In Threey Volatility | 31.2 |
| 1y Volatility | 34.65 |
| 200 Day M A | 18.788 |
| 50 Day M A | 20.0478 |
| Code | JETS |
| Updated At | 19th of April 2024 |
| Currency Name | US Dollar |
US Global Jets [JETS] is traded in USA and was established 2015-04-30. The fund is listed under Industrials category and is part of U.S. Global Investors family. The entity is thematically classified as Industrials ETFs. US Global Jets currently have 1.89 B in assets under management (AUM). , while the total return for the last 3 years was -8.0%.
Check US Global Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on JETS Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding JETS Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as US Global Jets Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
US Global Jets Currency Exposure
US Global Jets holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of US Global will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in US Global Jets.
Top US Global Jets Etf Constituents
| TXT | Textron | Stock | Industrials |
| BA | The Boeing | Stock | Industrials |
| JBLU | JetBlue Airways Corp | Stock | Industrials |
| ULCC | Frontier Group Holdings | Stock | Industrials |
| UAL | United Airlines Holdings | Stock | Industrials |
| SNCY | Sun Country Airlines | Stock | Industrials |
| SKYW | SkyWest | Stock | Industrials |
US Global Target Price Odds Analysis
Attributed to a normal probability distribution, the odds of US Global jumping above the current price in 90 days from now is about 18.37%. The US Global Jets probability density function shows the probability of US Global etf to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days US Global has a beta of 0.0382. This indicates as returns on the market go up, US Global average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding US Global Jets will be expected to be much smaller as well. Additionally, uS Global Jets has an alpha of 0.2255, implying that it can generate a 0.23 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of US Global to move above the current price in 90 days from now is about 18.37 (This US Global Jets probability density function shows the probability of JETS Etf to fall within a particular range of prices over 90 days) .
US Global Top Holders
| KCMTX | Kcm Macro Trends | Mutual Fund | Multistrategy |
| KCMIX | Kcm Macro Trends | Mutual Fund | Multistrategy |
US Global Jets Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. US Global market risk premium is the additional return an investor will receive from holding US Global long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in US Global. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although US Global's alpha and beta are two of the key measurements used to evaluate US Global's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.2255 | |||
| Total Risk Alpha | 0.0951 | |||
| Sortino Ratio | 0.1366 |
US Global Against Markets
Picking the right benchmark for US Global etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in US Global etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for US Global is critical whether you are bullish or bearish towards US Global Jets at a given time. Please also check how US Global's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in US Global without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy JETS Etf?
Before investing in US Global, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in US Global. To buy US Global etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of US Global. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase US Global etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located US Global Jets etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased US Global Jets etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as US Global Jets, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy JETS Etf please use our How to Invest in US Global guide.
Already Invested in US Global Jets?
The danger of trading US Global Jets is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of US Global is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than US Global. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile US Global Jets is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether US Global Jets is a strong investment it is important to analyze US Global's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact US Global's future performance. For an informed investment choice regarding JETS Etf, refer to the following important reports: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in US Global Jets. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Bond Analysis module to evaluate and analyze corporate bonds as a potential investment for your portfolios..
The market value of US Global Jets is measured differently than its book value, which is the value of JETS that is recorded on the company's balance sheet. Investors also form their own opinion of US Global's value that differs from its market value or its book value, called intrinsic value, which is US Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because US Global's market value can be influenced by many factors that don't directly affect US Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between US Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if US Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, US Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.