ETF of the Week: U.S. Global Jets ETF (JETS)

ETF Trends’ CEO Tom Lydon discusses the U.S. Global Jets ETF (JETS) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show.

There is an uptick in travel demand as COVID-19 concerns retreat for many. February saw travelers spending an estimated $6.6 billion on domestic flights, up 6% from three years ago in pre-pandemic times.

Airliners are passing on rising fuel costs to customers in the form of higher ticket prices and remain confident that they can maintain revenues despite rising gas and oil prices. 

JETS offers exposure to the global airline industry, both manufacturers and operators.