Snapshot*
Top 10 Holdings
What is JETS?
The U.S. Global Jets ETF (JETS) provides investors access to the global airline industry, including airline operators and manufacturers from all over the world. The Index tracks the performance of Airline Companies across the globe with an emphasis on domestic passenger airlines.
ETFs related toJETS
ETFs correlated to JETS include XTN, PEJ, FXD
What is ETF correlation?
Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.
Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.
Using ETF correlations in portfolio and strategy construction
ETF correlations can help you create investing strategies and portfolios. Use them to:
- •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
- •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
- •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.
Automated Strategies
Related toJETS
Diversify with Sin Stocks
Pick the Trending Commodity
Create your own algorithmic trading strategy with JETS using Composer
News Related to JETS
Alaska Airlines Taps Jumio's AI for Frictionless International Travel
May 5, 2025 • by Lekha Gupta
Airline Stocks Hit Headwinds As Carriers Cut Guidance, ETFs Enter Turbulence
Apr 25, 2025 • by Chandrima Sanyal
Alaska Air Hit By Demand Softness In Q1, Skips Annual Outlook Citing Macro Uncertainty
Apr 24, 2025 • by Lekha Gupta
FAQ
Disclaimers
We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.
We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.