This inverse correlation is likely not a coincidence based on the general logic of the linkages in oil prices and Airline profitability as mapped out above. Since inception in 2009, FAA has risen 41.59% with DBO increasing 36.50% during the same time frame. FAA will likely remain in focus in the near term as many of the companies in the sector are expected to release earnings (UAL on 10/25, DAL 10/24, LUV 10/18 for instance).
Guggenheim Airline ETF
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