ETF Evaluator:
US Global Jets ETF (JETS)
Follow This ETF
(as of Jul 31)
Best Performing in Industrials Over the Last Year
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ETF Details
US Global Jets ETF Overview
US Global Jets ETF (JETS) is a passively managed Sector Equity Industrials exchange-traded fund (ETF). U.S. Global Investors launched the ETF in 2015.
The investment seeks to track the performance, before fees and expenses, of the U.S. Global Jets Index.
The fund uses a "passive management" (or indexing) approach to track the performance, before fees and expenses, of the index. The index is composed of the exchange-listed common stock (or depositary receipts) of U.S. and international passenger airlines, aircraft manufacturers, airports, terminal services companies, and airline-related internet media and services companies, each as determined by independent industry listings (collectively, “Airline Companies”). The fund is non-diversified.
About US Global Jets ETF (JETS)
There are 2 members of the management team with an average tenure of 11.18 years: Ralph Aldis (2015) and Frank Holmes (2015). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: S&P 500 (TR) (1970) index with a weighting of 100% and U.S. Global Jets TR USD index with a weighting of 100%. US Global Jets ETF has 57 securities in its portfolio. The top 10 holdings constitute 66.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
US Global Jets ETF is part of the Equity global asset class and is within the Sector Equity ETF group. US Global Jets ETF has 23.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 75.9% There is 23.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). US Global Jets ETF has 2.7% of the portfolio in cash.
Assets Under Management
The fund has $959 million in total assets, which is below the $1 billion average for the Industrials category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
JETS Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The US Global Jets ETF expense ratio is above average compared to funds in the Industrials category. US Global Jets ETF has an expense ratio of 0.60%, which is 19% higher than its category average, making the fund expense ratio grade a D. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. US Global Jets ETF has a portfolio turnover rate of 38%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 35% for the Industrials category.
Recently, in the month of June 2026, US Global Jets ETF returned 13.4%, which earned it a grade of A, as the Industrials category had an average return of -2.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
US Global Jets ETF has a trailing yield of 0.70%, which is below the 1.01% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
US Global Jets ETF Grades
Year to date, the ETF has returned 18.4%, 2.5 percentage points better than the category, which translates into a grade of B. The fund has returned 46.1% over the past year (grade of A), 16.1% over the past three years (grade of D) and 6.9% per year over the past five years (grade of F) and 5.2% per year over the past 10 years (grade of F).
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JETS Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| JETS Return (NAV) | 13.4% | 35.0% | 46.1% | 16.1% | 6.9% | 5.2% |
| JETS Return (Price) | 13.3% | 34.9% | 45.8% | 16.1% | 6.9% | 5.2% |
| NAV +/- Price Return | 0.105% | 0.150% | 0.294% | 0.014% | -0.003% | -0.007% |
| Industrials Avg | -2.9% | 11.7% | 31.1% | 20.5% | 12.6% | 14.7% |
| JETS Grade (NAV) | A | A | A | D | F | F |
| +/- Category (NAV) | 16.3% | 23.3% | 15.0% | -4.5% | -5.8% | -9.5% |
| JETS Tax-Cost Ratio | na | na | 0.3% | 0.1% | 0.1% | 0.2% |
JETS Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| JETS Return (NAV) | 18.4% | 11.6% | 33.1% | 11.5% | -19.0% | -5.0% | -29.0% | 14.1% | -13.8% | 18.4% | 13.2% |
| JETS Return (Price) | 18.3% | 11.6% | 33.2% | 11.4% | -19.0% | -5.1% | -28.9% | 14.4% | -13.8% | 18.7% | 12.5% |
| NAV +/- Price Ret | -0.001% | 0.005% | 0.002% | -0.008% | 0.003% | 0.019% | -0.002% | 1.9% | 0.5% | 1.4% | -5.1% |
| Industrials Avg | 15.9% | 27.1% | 14.2% | 21.4% | -12.8% | 20.7% | 15.4% | 30.3% | -13.4% | 22.8% | 22.1% |
| JETS Grade (NAV) | B | F | A | F | D | F | F | F | C | D | F |
| +/- Category | 2.5% | -15.5% | 19.0% | -9.9% | -6.1% | -25.7% | -44.4% | -16.2% | -0.4% | -4.4% | -8.9% |
| Risk Measures | |
| Beta: | 1.38 |
| R-Squared: | 37% |
| Standard Deviation: | 28.8% |
| Category Risk Index: | 1.43 |
| Category Risk Rating: | High |
| Total Risk Index: | 2.37 |
| Total Risk Rating: | High |
| Portfolio Characteristics | |
| Yield: | 0.7% |
| Total Assets: | $ 959 Mil |
| Share Class Assets: | $ 959 Mil |
| Turnover: | 38.0% |
| Expense Ratio: | 0.60% |
| Index Fund: | Yes |
| Index Tracked: | S&P 500 (TR) (1970) |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 11.2 years | |||
| Average Tenure: 11.2 years | |||
| Managers (Year): Aldis Ralph (2015), Holmes Frank (2015) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 57 |
| % in Top 10 Holdings: | 66.0% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 23.6% |
Portfolio Allocation |
|
| Domestic Stock: | 75.9% |
| Foreign Stock: | 23.6% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -2.3% |
| Cash: | 2.7% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | U.S. Global Investors |
| Phone Number: | 800-617-0004 |
| Website: | |
| Inception Date: | April 30, 2015 |
Expenses and Fees
| Expense Ratio (%): | 0.60% (Rating: Above Avg) |
| Category Average Expense Ratio (%): | 0.50% |
