Investors interested in the thematic approach to the airline industry may look to a targeted exchange traded fund.
Investors can look to the U.S. Global Jets ETF (NYSEArca: JETS), the lone ETF dedicated to airline stocks, to access the growth opportunity in the airline industry.
JETS follows the U.S. Global Jets Index, which uses fundamental screens like cash return on invested capital, sales per share growth, gross margins and sales yield to select airline companies, with an emphasis on domestic carriers, along with global aircraft manufacturers and airport companies.