US Global Jets ETF

JETS

Market cap $938M

Airline stocks and exchange-traded fund (ETF) are highly sensitive to the Iran war, mainly due to cost shocks and, to some extent, demand woes. Jet fuel is a major expense (about 20-30% of costs), and oil price spikes during conflicts in the Middle East squeeze margins.

Shares of several companies selling stuff people want, rather than need, were trading lower Monday despite a recovery in the broader stock market, as Wall Street worried that failed Middle East peace talks would push up gasoline prices enough to crimp consumer spending.

The U.S. Global Jets ETF (JETS) was launched on April 30, 2015, and is a passively managed exchange traded fund designed to offer broad exposure to the Industrials - Transportation/Shipping segment of the equity market.

Iran war reshaped Q1 markets: energy, shipping & lithium ETFs surged while tech and airlines lagged as inflation fears and oil shocks rattled sentiment.

@morningstar's Nicolas Owens sees travel only seeing significant pullbacks if jet fuel prices stay high for a long period of time. However, Nicolas sees volatility gripping the industry long-term if airlines don't prepare.

Airlines and cruise line stocks sold off to start Thursday's trading session as President Trump threatens to escalate the U.S.-Iran War. Diane King Hall explains how it adds to existing headwinds in both industries.

Airlines face turbulence as oil spikes on Iran crisis. Capacity cuts may support margins, but ETFs like JETS lag while inverse plays surge.

Travel-related stocks such as airlines and cruise companies rallied Monday after President Donald Trump postponed his deadline for more strikes in Iran, saying the two countries had held “very good and productive” talks — something Iranian media reports rebuffed.

A new energy shock has struck global markets as the U.S.-Israeli war against Iran enters its second week. Oil prices briefly shot over $115 per barrel in the overnight session on Sunday, March 8, before settling back under $90 by Monday evening.

"It's going to get downright crazy" when it comes to market moves, says @Theotrade's Don Kaufman, urging investors to keep your heads on a swivel for the remainder of the trading week. As for his Big 3, he leans bearish on Baidu (BIDU) and Microsoft (MSFT) but bullish on the U.S. Global Jets ETF (JETS) after the airline industry's strong sell-off.