Us Global Jets Etf Profile
| JETS Etf | USD 20.71 0.67 3.34% |
Performance3 of 100
| Odds Of DistressLess than 9
|
US Global is selling for under 20.71 as of the 4th of October 2024; that is 3.34 percent increase since the beginning of the trading day. The etf's lowest day price was 20.41. US Global has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant 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 15th of October 2022 and ending today, the 4th of October 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
Moving against JETS Etf
| 0.35 | HUM | Humana Inc Fiscal Year End 23rd of January 2025 | PairCorr |
JETS Etf Highlights
| Thematic Ideas | (View all Themes) |
| Old Names | [HANetf - U.S. Global Jets UCITS ETF Acc, HANetf - U.S. Global Jets UCITS ETF Acc EUR, Leverage Shares -3x Short Airlines ETC EUR, HANetf - U.S. Global Jets UCITS ETF Acc] |
| Business Concentration | Sector ETFs, Industrials 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 |
| Average Trading Valume | 2.25 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 | 56.0 |
| Market Maker | Virtu Financial |
| Total Expense | 0.6 |
| Management Fee | 0.6 |
| Country Name | USA |
| Returns Y T D | 5.31 |
| Name | U.S. Global Jets ETF |
| Currency Code | USD |
| Open Figi | BBG008LT6106 |
| In Threey Volatility | 31.28 |
| 1y Volatility | 27.48 |
| 200 Day M A | 19.483 |
| 50 Day M A | 18.6862 |
| Code | JETS |
| Updated At | 4th of October 2024 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | (0.1) |
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 Sector ETFs. US Global Jets currently have 1.89 B in assets under management (AUM). , while the total return for the last 3 years was -6.7%.
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 | |
| SAVE | Spirit Airlines | Stock | Industrials |
US Global Top Holders
| KCMTX | Kcm Macro Trends | Mutual Fund | Multistrategy | |
| KCMIX | Kcm Macro Trends | Mutual Fund | Multistrategy |
US Global Jets Risk Profiles
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.
| Risk Adjusted Performance | 0.0327 | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.02) |
US Global Against Markets
Additional Information and Resources on Investing in JETS Etf
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 closely tied with the direction of predictive economic indicators such as signals in estimate. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
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.