Case for our Airlines ETF

Smart beta exposure to the airlines industry

The JETS airlines ETF uses a smart-beta 2.0 strategy to determine the most efficient airline carriers in the world and provides diversification through exposure to international airline companies.

Broader exposure to the wider airline industry

The JETS airlines ETF also offers exposure to the industries that support airlines, including aircraft manufacturers, airports, and terminal service industries.

A post-pandemic recovery opportunity

Pre-COVID, airlines were booming as carriers streamlined operations, improved their balance sheets, and introduced more ancillary (non-ticket) fees. Following the end of COVID, investors can access the potential recovery.

As of 18.04.2024

Fund Objective

U.S. Global Jets UCITS ETF (JETS) delivers exposure to the global airline industry including airline operators and manufacturers from all over the world. The airlines ETF tracks the U.S. Global Jets Index and tracks companies within the commercial airline, aircraft manufacturing, and airport & terminal services industries. The index uses a combination of fundamental factors to determine the most efficient airline companies and provides diversification through exposure to companies around the world listed on well developed stock exchanges.

Key Information

Inception Date15/06/2021
Base currencyUSD
Net Assets of Fund$3,406,174
TER65 bps
Replication MethodPhysical
DomicileIreland
SFDR ClassificationArticle 6
ISINIE00BN76Y761

Key Risks

The value of underlying securities can be affected by daily financial market movements. Other influential factors include political, economic news, company earnings and significant corporate events. Airline Companies Risk: Airline Companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for air travel and may also be significantly affected by fuel prices. Please remember that the value of your investment may go down as well as up and your capital is at risk.

Fund Information

TickerJETS
Asset ClassEquities
Income TreatmentAccumulating
Rebalance FrequencyQuarterly

Net Asset Values

NAV$5.87
Net Assets of Fund$3,406,174
Shares Outstanding580,000
Issuer AUM$1,104,780,607

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes
Sec LendingYes

Key Service Providers

CustodianJ.P. Morgan SE - Dublin Branch
Portfolio ManagerVident Advisory, LLC
IssuerHANetf ICAV

Registrations

Austria
Denmark
Finland
Germany
Ireland
Italy
Luxembourg
Mexico
Netherlands
Norway
Spain
Sweden
Switzerland
United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
LSEJETS LNJETS.LBMTQZX0$2021-06-17
LSEJETP LNJETP.LBMTR005£2021-06-17
XetraJETS GYJETSG.DEBL6KDY52021-06-28
Borsa ItalianaJETS IMJETS.MIBL6KDX42021-06-30
SIXJETS SEJETS.SBMX8D942022-03-01
BMVJETS1N MF-BM9F504MX$2022-05-10
Euronext ParisJETZ FPJETS.PABPG9NC82022-03-07
Exchange LSE
Ticker JETS LN
RIC JETS.L
SEDOL BMTQZX0
CCY $
Listing Date 2021-06-17
Exchange LSE
Ticker JETP LN
RIC JETP.L
SEDOL BMTR005
CCY £
Listing Date 2021-06-17
Exchange Xetra
Ticker JETS GY
RIC JETSG.DE
SEDOL BL6KDY5
CCY
Listing Date 2021-06-28
Exchange Borsa Italiana
Ticker JETS IM
RIC JETS.MI
SEDOL BL6KDX4
CCY
Listing Date 2021-06-30
Exchange SIX
Ticker JETS SE
RIC JETS.S
SEDOL BMX8D94
CCY
Listing Date 2022-03-01
Exchange BMV
Ticker JETS1N MF
RIC -
SEDOL BM9F504
CCY MX$
Listing Date 2022-05-10
Exchange Euronext Paris
Ticker JETZ FP
RIC JETS.PA
SEDOL BPG9NC8
CCY
Listing Date 2022-03-07

Returns

JETS (Fund)JETSX (Index)
1M4.21%4.27%
3M10.31%10.48%
6M23.86%24.22%
YTD10.31%10.48%
12M12.98%13.82%
3Y--20.00%
Since Inception (15/06/2021)-18.07%-16.77%

Performance chart

NAV

Source: HANetf, data as of 31.03.2024. Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Holdings As of 18.04.2024

No. of holdings: 1

NameWeight
CASH98.98%

SectorWeight
Other98.98%

Methodology

Companies must be exchange-listed common stock (or depository receipts) or U.S. and international passenger airlines, aircraft manufacturers, terminal services companies, and airline related internet media and services companies. Rebalanced quarterly.

Index Details

IndexU.S. Global Jets Index
Index CurrencyUSD
Index ProviderU.S. Global Indices LLC
Index TickerJETSX
Index Dividend Yield
(As of 31.03.2024)
0.94%

Knowledge hub

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About Partner

U.S. Global Investors, Inc is an innovative investment manager with vast experience in global markets and specialised sectors. Founded as an investment club, the company became a registered investment advisor in 1968 and has a longstanding history of global investing and launching first-of-their-kind investment products.