“Historically, though, higher fuel costs haven’t necessarily been such a headwind for airlines,” according to U.S. Global ETFs. “Airline stocks, as measured by the NYSE Arca Airline Index, appreciated even as the price of oil was rising or trading in the $100 to $120 range.”
Investors interested in gaining exposure to the airline industry for the busy months ahead may look to the U.S. Global Jets ETF (NYSEArca: JETS), the lone ETF dedicated to airline stocks, to access the growth opportunity.
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. Top holdings include United Continental (NYSE:UAL), Delta Airlines (NYSE:DAL), Southwest Airlines (NYSE:LUV), American Airlines Group (NYSE:AAL) and Allegiant Travel (NYSE:ALGT).
For more information on the airline ETF, visit our Airline category.