JETSU.S. Global Jets ETF
JETS Fund Description
JETS invests in both US and non-US airline companies. This concentrated portfolio is weighted towards domestic passenger airlines.
JETS Factset Analytics Insight
JETS invests in all-cap companies of both US and international passenger airline industry including aircraft manufacturers and airport companies. The index utilizes a tiered weighting scheme driven mostly by market cap as well as passenger load. As a result, the portfolio puts about 70% of its weight in US large-cap passenger airlines (at quarterly rebalance), with the top four companies receiving 10% each. The next five largest US or Canadian airlines each receive a 4% weighting. The remaining airline companies, that meet minimum trading and liquidity requirements, are scored based on fundamental factors. Scores are driven by cash flow return on capital, gross margin, sales growth and sales yield. The top five US or Canadian companies based on this composite score receive 3% weight and each of the 25 non-US companies scoring highest receive 1% weight. In September 2020, the strategy and weighting of the underlying index was modified without significant changes to exposure.
JETS MSCI ESG Analytics Insight
U.S. Global Jets ETF has an MSCI ESG Fund Rating of BB based on a score of 3.60 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. U.S. Global Jets ETF ranks in the 6th percentile within its peer group and in the 21st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
JETS MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
JETS Summary Data
JETS Portfolio Data
JETS Index Data
JETS Portfolio Management
JETS Tax Exposures
JETS Fund Structure
JETS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of JETS. JETS is rated a 5 out of 5.
JETS Top 10 Holdings[View All]
JETS Economic Development
JETS Performance Statistics
JETS MSCI ESG Ratings
JETS Benchmark Comparison Summary
JETS Benchmark Comparison Market Cap Size