$JETS:NYSE - US GLOBAL JETS ETF

JETS might be one of those buy and forget about it for a few months type trades. I have bought several of the individual airline stocks as well as CCL (Carnival Cruises), but JETS is a relatively easy way to get access to the airlines stocks. I can imagine that domestic travel will start to open up shortly, and no doubt the baby boomer generation will be looking to their beloved cruise lines again for travel. Worth a watch.

JETS invests in both U.S. and non-U.S. companies involved with the airline industry, including passenger airlines, aircraft manufacturers, airports and terminal services companies. JETS invests in companies within the airline industry, which spans passenger airlines, manufacturers, airports and terminal services. Small-, mid- and large-cap companies are included from both the US and internationally. The fund puts about 70% of its weight in US large-cap passenger airlines (at quarterly rebalance) with a tiered weighting scheme driven mostly by market cap as well as passenger load. It populates the rest of the portfolio with companies in supporting industries from the inside and outside the US, chosen by fundamental factors such as gross margins, sales growth and sales yield.