The SPDR S&P Transportation ETF (NYSEArca: XTN), an equal-weight spin on transportation stocks, was even better last week, surging 8%.
The U.S. Global Jets ETF (NYSEArca: JETS), the lone dedicated airline ETF, is another transportation to consider.
SEE MORE: Airline ETF Flying High
JETS follows the U.S. Global Jets Index, which uses fundamental screens to select airline companies, with an emphasis on domestic carriers, along with global aircraft manufacturers and airport companies. JETS notched an impressive post-election performance of its own, gaining nearly 7% last week.
However, if the dollar falls as markets price in the Federal Reserve not being able to raise interest rates in December following Trump’s victory, industrials could benefit because some members of the sector generate substantial portions of their revenue overseas. Transportation stocks are part of the broader industrial sector.
iShares Transportation Average ETF
