What this ETF is trying to do

The U.S. Global Jets ETF (JETS) focuses on the aviation industry. This means the fund invests in companies that help people and goods travel by air. This includes major airlines, aircraft manufacturers, and other businesses involved in global travel and transportation.

What the numbers show

To understand how this ETF has performed, we can look at its share price over different periods of time. The current price is $28.10. About one year ago, the estimated price was $25.13.

Based on these figures, here is how the share-price return (the change in the price of a single share) has moved:

• One-Year Price Return: Approximately 11.82%

• Three-Year Price Return: Approximately 67.56%

• Year-to-Date (YTD) Price Return: 10.69%

To see the difference between price and total return, we can look at the one-year figures. The share-price return was about 11.82%, while the supplied one-year total return was 12.73%. Total return is a measure that includes both the change in share price and any distributions (like cash payments) provided by the fund.

For example, if you had invested $10,000 one year ago based on the estimated price of $25.13, your investment would be worth approximately $11,182 today based only on the share-price change.

Income and distribution explanation

This ETF has a distribution yield of approximately 0.83%. This percentage describes how much cash the fund paid out to investors relative to its price. It is important for new investors to know that a high distribution yield does not automatically mean an investor earned that specific percentage as their total return. Distributions provide cash income, but they do not guarantee that the original amount of money invested (the principal) will stay the same.

NAV erosion explanation

NAV stands for Net Asset Value. "NAV erosion" is a term used to describe when the underlying value of an ETF's assets declines over time. For JETS, the StockValueFinder erosion score is 100, and the label states "No price erosion detected." There is no severe erosion-risk flag for this fund.

Top Holdings

The following are some of the largest companies held in the portfolio (as of October 7, 2026). Please note that holdings can change over time:

• SOUTHWEST AIRLINES CO (11.17%)

• UNITED AIRLINES HOLDINGS INC (10.93%)

• AMERICAN AIRLINES GROUP INC (10.85%)

• DELTA AIR LINES INC (10.84%)

• FRONTIER GROUP HOLDINGS INC (3.80%)

• ALLEGIANT TRAVEL CO (3.68%)

• SKYWEST INC (3.63%)

• ALASKA AIR GROUP INC (3.59%)

• OTHER ASSETS AND LIABILITIES (3.59%)

• JETBLUE AIRWAYS CORP (3.47%)

Pros

• The ETF has shown a significant three-year price return of approximately 67.56%.

• It provides exposure to many well-known names in the airline and travel industry.

• The erosion score indicates that no price erosion was detected by the screening rules.

Cons

• The distribution yield is relatively low at approximately 0.83%.

• While the three-year growth is high, the one-year total return of 12.73% is a more recent measure of performance.

Beginner takeaway

JETS allows investors to own a piece of many different companies in the global aviation and travel space. When looking at this ETF, it is helpful to see both the price return (how much the share price moved) and the total return (which includes distributions). Because this fund pays out distributions, remember that these payments are separate from the movement of the share price itself.