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JETSANITY: How a Obscure Airline ETF Became an Overnight Sensation

JETSANITY: How a Obscure Airline ETF Became an Overnight Sensation

FromTrillions


JETSANITY: How a Obscure Airline ETF Became an Overnight Sensation

FromTrillions

ratings:
Length:
23 minutes
Released:
May 14, 2020
Format:
Podcast episode

Description

The US Global Jets ETF (JETS) has seen over half a billion dollars worth of inflows over 50 straight days - unheard numbers for a thematic ETF - despite the fund's 60% year-to-date decline and selling from Warren Buffett. But the depressed airline industry is attracting retail value investors in droves who see huge upside potential as well as looking for a proxy for the re-opening and rebound of the global economy. On this episode of Trillions we interview the founder of JETS, Frank Holmes, about his surprising success after five years of almost no interest in the fund. He also gives his outlook on the airline industry as well as the more-than-meets-the-eye design of the index it tracks. See omnystudio.com/listener for privacy information.
Released:
May 14, 2020
Format:
Podcast episode

Titles in the series (100)

Money goes where it's treated best. That simple truth is a big reason why more and more money—trillions, in fact—flows into a powerful, low-cost tool that's quietly transformed investing in recent years. Exchange-traded funds, or ETFs, let you invest in everything from the stock market to gold like never before. This biweekly podcast will demystify them—and delight you in the process.