United Continental Hlds

Delta Air Lines

American Airlines

Southwest Airlines

Allegiant Travel Company

Associated Capital Group

SkyWest

Frontier Group Holdings

Alaska Air Group

Sun Country Airlines

US Global Jets ETF

JETS invests in both US and non-US airline companies. This concentrated portfolio is weighted towards domestic passenger airlines.

Defiance Hotel Airline and Cruise ETF

iShares U.S. Home Construction ETF

VanEck Mortgage REIT Income ETF

Global X MSCI Nigeria ETF

iShares Mortgage Real Estate ETF

SPDR S&P Homebuilders ETF

SPDR S&P Transportation ETF

June was an impressive month for Wall Street. The three major indexes posted decent gains.

Top-Performing ETF Areas of June

iShares Core U.S. Aggregate Bond ETF

ARK Fintech Innovation ETF

ARK Innovation ETF

ARK Web x.0 ETF

ProShares Bitcoin Strategy ETF

Bitwise Crypto Innovators ETF

Global X Blockchain & Bitcoin Strategy ETF

2x Bitcoin Strategy ETF

Global X Blockchain ETF

Valkyrie Bitcoin Strategy ETF

First Trust SkyBridge Crypto Industry and Digital Economy ETF

VanEck Vectors Digital Transformation ETF

Invesco DB Agriculture Fund

Xtrackers MSCI EAFE Hedged Equity ETF

Hashdex Bitcoin ETF

First Trust NYSE Arca Biotechnology Index Fund

Fidelity Covington Trust-Fidelity Crypto Industry And Digital Payments Etf

First Trust Global Tactical Commodity Strategy Fund

Grayscale Future of Finance ETF

iShares Blockchain And Tech ETF

iShares Transportation Average ETF

JPMorgan Equity Premium Income ETF

KraneShares Global Carbon ETF

Simplify Bitcoin Strategy PLUS Income ETF

Hello! This week's ETF Wrap looks at top performers in the first half of 2023, as well as flows, as stocks rally and crypto-related funds jump so far this year.

Here are the top-performing ETFs in first half of 2023 as crypto-related funds soar

The U.S. Global Jets ETF, which invests in major US and international passenger airline companies, saw unit prices rise by 4.4% on June 27th, bringing its return for the past month to 10.8% and year to date to nearly 18.2%. This growth is largely attributed to a 6.8% increase in shares of Delta Air Lines, the ETF's largest holding, following optimistic projections revealed at the company's 2023 Investor Day. Delta Air Lines' management expects air travel spending in the US to return to pre-pandemic levels this year, reaching 1.3% of the country's GDP. They also highlighted the growth of household wealth among high-income travelers, who account for roughly 75% of all air travel spending, and supply constraints in the industry which could allow companies to charge more for their services. The airline industry is also expected to benefit from lower fuel costs, with Bank of America raising its forecast for earnings per share across the sector for 2023 due to the expectation that lower fuel costs will boost profits. As a result of the news and my findings, I am assigning a soft 'buy' rating to JETS.

U.S. Global Jets ETF Soars On Strong News From Delta Air Lines

Last year, American wireless carriers paused plans to launch higher-power 5G networks around U.S. airports amid concerns about interference with airplanes' altimeters.

Pete Buttigieg warns of potential for flight delays as July 1 5G deadline looms

Amplify Travel Tech ETF

Advisorshares Hotel ETF

As the world adjusts to the new normal, "revenge travel" is set to revolutionize the tourism industry.

Play "Revenge Travel" with These ETFs

IATA has significantly increased its forecast profits for 2023. U.S. Global Jets ETF is not the desired way to capitalize on this as growth is driven by European airlines, which have low exposure in the ETF. North America remains a very strong region in the forecast.

U.S. Global Jets ETF: Do Not Buy On Bullish IATA Forecast

American Airlines raised its Q2 forecast against low fuel costs and strong travel demands. Take a look into how JETS ETF is set to gain.

JETS ETF to Gain on Lower Energy Costs, Consumer Resilience

So-called "revenge travel" spending remains strong, with TSA checkpoint data returning to pre-pandemic levels. Despite a low P/E, I have a hold rating on the U.S. Global Jets ETF. With bearish seasonal trends, the JETS chart has work to do to show definitive reversal signs.

JETS ETF Stuck On The Tarmac, Reiterate Hold Amid Mixed Macro Factors

VanEck Vectors Oil Refiners ETF

VanEck Vectors Steel ETF

Energy Select Sector SPDR Fund

SPDR S&P Retail ETF

Oil prices staged massive decline this week due to demand concerns owing to global growth slowdown.

Oil Under Pressure: Sector ETFs to Benefit/Lose

The U.S. airline industry delivered a mixed performance in the first quarter of 2023. With recovering demand, capacity is expected to go up ahead.

Forget Mixed Airlines Earnings: Play JETS ETF on Upbeat Outlook

JetBlue Airways

Major U.S. airlines are scheduled to report first-quarter earnings in the coming days, with investors hoping for good news about peak summer travel amid a recent slowdown in bookings.

As bookings slow, airline earnings will be all about hopes for peak summer travel

Oil prices increased considerably lately on surprise OPEC+ output cut.

Sector ETFs to Benefit/Lose on Surprise OPEC+ Output Cut

ALPS Global Travel Beneficiaries ETF

Despite volatility and chaos in markets in March, travel ETFs have largely held onto their year-to-date gains. Travel ETFs have been supported by strong demand for leisure travel couples with higher prices.

Travel ETFs Hold On To Strong YTD Returns

iShares iBoxx High Yield Corporate Bond ETF

Invesco QQQ

SPDR S&P 500 ETF Trust

Hello! This week's ETF Wrap shines the light on gold ETFs, which are outperforming the S&P 500 so far this year. Will gold rally when the Fed eventually pauses its rate hikes?

Got gold? Biggest gold ETF attracts investors as the ‘safe haven' yellow metal shines

Spread of banking crisis could result in reduction in top-line growth for airlines and hurt the U.S. Global Jets ETF. In such scenario, airlines would be left with a lower top-line growth while higher labor costs are locked in via collective bargaining agreements.

U.S. Global Jets ETF: Pressure Mounts On SVB Financial Group Collapse News

Copa Hlds

Spirit Airlines

The airline industry expects demand to soar coming out of the pandemic. What does that mean for airline stocks?

Are Any Airline Stocks A Buy Right Now, Or Are They All Still Grounded?

More than 1,100 flights were canceled and 1,200 delayed by midmorning Wednesday as a powerful winter storm hit two-thirds of the U.S. with snow, ice and howling winds.

Thousands of flights canceled, delayed as winter storm blankets most of U.S. in snow and ice

Airbnb

ASML Hld

Alibaba

Chipotle

Freeport-McMoRan

JD.com

KraneShares CSI China Internet ETF

MercadoLibre

Northrop Grumman

Schlumberger

Waste Management

Bucking economists' worst fears, China and Europe have revived and U.S. wages have cooled. But the Fed isn't easing its inflation fight.

S&P 500 Outlook: Don't Fight The Fed, But Don't Fear It Either

Ryanair Hlds

Exxon Mobil

Airlines are on the mend due to a variety of reasons. Andrew Rocco breaks down why airlines can outperform in 2023.

5 Reasons Airlines are Set for a Turbulent-Free 2023

The pure-play airlines ETF U.S. Global Jets ETF (JETS) has gained about 23% past month despite mixed earnings.

Should You Look Past Mixed Earnings & Play Airlines ETF?

Pacer US Cash Cows 100 ETF

Global X U.S. Infrastructure Development ETF

When it comes to "thematics," past performance doesn't always matter.

What Investors Can Learn From Thematic ETFs

ARK Genomic Revolution Multi-Sector ETF

Amplify Online Retail ETF

Proshares Online Retail ETF

Invesco WilderHill Clean Energy ETF

Wall Street has been showing immense strength to start 2023. These sectors and their ETFs have returned double-digit returns to start 2023.

4 Sectors & Their ETFs Returning Double-Digits to Start 2023

Boeing

Airlines are off to a hot start in 2023. In a constantly changing industry, signs are emerging that the worst may be over for the industry.

6 Reasons Airlines Can Take Flight in 2023

Global X Copper Miners ETF

Valkyrie Bitcoin Miners ETF

Wall Street staged a strong rally at the start of 2023 on hopes of easing inflation and the Fed's slower rate hike path. A few corners of the stock market are outperforming.

5 Top ETF Zones Beating the Market to Start 2023

Airlines suffered brief ground stop, which is something that happens extremely rarely. The FAA has no dividends to pay or value to create for shareholders, yet their technology lacked in the same way it did at Southwest Airlines.

News for US Global Jets ETF ETF (JETS)