JETS correlations (US Global Jets ETF)
Which assets move with JETS and which ones diversify it, computed from weekly returns across 4756 stocks and ETFs.
Data as of 2026-08-27 · refreshed every trading day · Thematic
Volatility (ann.)
29.2%
3y weekly
Beta vs S&P 500
1.16
3y weekly
1-year return
+13.2%
price, adjusted
5-year return
+30.9%
price, adjusted
Max drawdown
-35.2%
3y, daily closes
JETS over the last 12 months, weekly closes indexed to 100 at the start.
Stocks and ETFs most correlated with JETS
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| DAL | Delta Air Lines | 0.88 | |
| UAL | United Airlines Holdings | 0.87 | |
| AAL | American Airlines Group, Inc. | 0.85 | |
| ALGT | Allegiant Travel Company | 0.77 | |
| ALK | Alaska Air Group, Inc. | 0.76 | |
| ULCC | Frontier Group Holdings, Inc. | 0.75 | |
| LUV | Southwest Airlines | 0.75 | |
| JBLU | JetBlue Airways Corporation | 0.71 | |
| MDY | SPDR S&P MidCap 400 ETF | 0.71 | |
| SKYW | SkyWest, Inc. | 0.70 | |
| TNL | Travel Leisure Co. | 0.69 | |
| IWM | iShares Russell 2000 ETF | 0.68 | |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.68 | |
| CPA | Copa Holdings, S.A. | 0.68 | |
| RSP | Invesco S&P 500 Equal Weight ETF | 0.68 |
Best diversifiers for JETS
The least-correlated liquid assets in our universe, meaning the ones that historically moved most independently from JETS.
| Asset | Correlation (3Y) | ||
|---|---|---|---|
| VXX | iPath Series B S&P 500 VIX Short-Term Futures ETN | -0.56 | |
| VXZ | iPath Series B S&P 500 VIX Mid-Term Futures ETN | -0.53 | |
| USO | United States Oil Fund | -0.40 | |
| FNGD | MicroSectors FANG Index -3X Inverse Leveraged ETNs due | -0.37 | |
| EQNR | Equinor ASA | -0.33 | |
| KGEI | Kolibri Global Energy Inc. | -0.28 | |
| MXC | Mexco Energy Corporation | -0.26 | |
| BRN | Barnwell Industries, Inc. | -0.23 | |
| INDO | Indonesia Energy Corporation Limited | -0.22 | |
| DJP | iPath Bloomberg Commodity Index Total Return ETN | -0.22 |
JETS vs benchmarks
JETS vs its peers
Get JETS data as JSON
$ curl https://www.pairbook.io/api/v1/symbols/jets.jsonCorrelations, diversifiers, beta and volatility for JETS, plus one endpoint per pair. API documentation.
