U.S. Global Investors Inc.
The standout performer? The U.S. Global Jets ETF
The Transportation Security Administration (TSA) reportedly screened more than 900 million passengers, up 5% compared to 2023.
United Airlines Holdings Inc
U.S. Global Jets ETF: An Investment to Consider?
The U.S. Global Jets ETF aims to replicate the performance of the U.S. Global Jets Index through a portfolio of 51 securities. With an asset base of $1.07 billion, the fund has an expense ratio of 0.60%, which can be a cost-effective investment choice. In addition, this fund allocates almost half of its holdings to large-cap stocks, and top holdings include American Airlines Group
Moreover, this pure-play aviation holds stocks of both domestic and international companies with a range of market capitalization. This spreads out the risk of volatility in a particular geographic region.
Nonetheless, a point to be noted here is that the fund features a beta of 1.43, which means it is at slightly higher risk to be more volatile than the market.
Other U.S. Global ETFs that Contributed to a Stellar Year
The U.S. Global GO GOLD and Precious Metal Miners ETF
A modest 2.23% gains closed the year for the U.S. Global Sea to Sky Cargo ETF
Adding to its suite of thematic ETFs, U.S. Global Investors launched the U.S. Global Technology and Aerospace & Defense ETF