U.S. Global Investors Highlights Positive 2024 Results for Its Thematic, Smart Beta 2.0 ETFs
U.S. Global Investors reported positive performance across its ETF portfolio for 2024. The U.S. Global Jets ETF (JETS) led with +33.21% returns, followed by the GO GOLD and Precious Metal Miners ETF (GOAU) at +13.80%, and the Sea to Sky Cargo ETF (SEA) at +2.23% including a $2.10 per-share dividend.
JETS' strong performance was driven by record-high travel demand, with TSA screening over 900 million passengers, a 5% increase from 2023. GOAU benefited from gold prices reaching an all-time high of $2,787 per ounce, with total gold demand exceeding $100 billion in Q3. Central banks added 186 metric tons of gold in Q3. The SEA ETF showed resilience despite industry challenges including geopolitical instability and labor disputes.
The company also launched its first actively managed ETF, the U.S. Global Technology and Aerospace & Defense ETF (WAR), on December 30, 2024.
U.S. Global Investors ha riportato una performance positiva nel suo portafoglio ETF per il 2024. L'U.S. Global Jets ETF (JETS) ha guidato con un rendimento del +33,21%, seguito dalGO GOLD and Precious Metal Miners ETF (GOAU) con un +13,80%, e dal Sea to Sky Cargo ETF (SEA) con un +2,23%, inclusi un dividendo di $2,10 per azione.
La forte performance di JETS è stata guidata da una domanda di viaggi record, con la TSA che ha controllato oltre 900 milioni di passeggeri, un aumento del 5% rispetto al 2023. GOAU ha beneficiato dei prezzi dell'oro che hanno raggiunto un massimo storico di $2.787 per oncia, con una domanda totale di oro che ha superato i 100 miliardi di dollari nel terzo trimestre. Le banche centrali hanno aggiunto 186 tonnellate metriche di oro nel terzo trimestre. L'ETF SEA ha dimostrato resilienza nonostante le sfide del settore, compresi l'instabilità geopolitica e le dispute lavorative.
La società ha anche lanciato il suo primo ETF gestito attivamente, l'U.S. Global Technology and Aerospace & Defense ETF (WAR), il 30 dicembre 2024.
U.S. Global Investors reportó un rendimiento positivo en su portafolio de ETF para 2024. El U.S. Global Jets ETF (JETS) lideró con un retorno del +33.21%, seguido por el GO GOLD and Precious Metal Miners ETF (GOAU) con un +13.80%, y el Sea to Sky Cargo ETF (SEA) con un +2.23%, incluyendo un dividendo de $2.10 por acción.
El sólido rendimiento de JETS fue impulsado por una demanda de viajes récord, con la TSA revisando a más de 900 millones de pasajeros, un aumento del 5% en comparación con 2023. GOAU se benefició de los precios del oro que alcanzaron un máximo histórico de $2,787 por onza, con una demanda total de oro que superó los $100 mil millones en el tercer trimestre. Los bancos centrales añadieron 186 toneladas métricas de oro en el tercer trimestre. El ETF SEA mostró resiliencia a pesar de los desafíos de la industria, incluidos la inestabilidad geopolítica y las disputas laborales.
La compañía también lanzó su primer ETF gestionado activamente, el U.S. Global Technology and Aerospace & Defense ETF (WAR), el 30 de diciembre de 2024.
U.S. Global Investors는 2024년 ETF 포트폴리오에서 긍정적인 성과를 보고했습니다. U.S. Global Jets ETF (JETS)가 +33.21%의 수익률로 선두를 차지했으며, GO GOLD and Precious Metal Miners ETF (GOAU)는 +13.80%, Sea to Sky Cargo ETF (SEA)는 $2.10의 주당 배당금을 포함하여 +2.23%를 기록했습니다.
JETS의 강력한 성과는 기록적인 여행 수요에 의해 촉진되었으며, TSA는 2023년 대비 5% 증가한 9억 명 이상의 승객을 공항 검색했습니다. GOAU는 금 가격이 온스당 $2,787의 사상 최고치를 기록하며 이익을 보았고, 3분기 동안 총 금 수요는 1천억 달러를 초과했습니다. 중앙은행은 3분기에 186미터톤의 금을 추가했습니다. SEA ETF는 지정학적 불안정성과 노동 분쟁 등 산업의 도전에도 불구하고 회복력을 보였습니다.
회사는 또한 2024년 12월 30일에 첫 번째 능동적으로 관리되는 ETF인 U.S. Global Technology and Aerospace & Defense ETF (WAR)를 출시했습니다.
U.S. Global Investors a annoncé une performance positive de son portefeuille ETF pour 2024. Le U.S. Global Jets ETF (JETS) a mené avec des rendements de +33,21%, suivi par le GO GOLD and Precious Metal Miners ETF (GOAU) avec +13,80% et le Sea to Sky Cargo ETF (SEA) à +2,23%, incluant un dividende de 2,10 $ par action.
La forte performance de JETS a été soutenue par une demande record de voyages, avec la TSA ayant contrôlé plus de 900 millions de passagers, soit une augmentation de 5% par rapport à 2023. GOAU a bénéficié de l'augmentation des prix de l'or, atteignant un niveau record de 2 787 $ l'once, la demande totale d'or ayant dépassé les 100 milliards de dollars au troisième trimestre. Les banques centrales ont ajouté 186 tonnes métriques d'or au troisième trimestre. L'ETF SEA a montré une résilience malgré les défis de l'industrie, notamment l'instabilité géopolitique et les conflits de travail.
L'entreprise a également lancé son premier ETF géré activement, le U.S. Global Technology and Aerospace & Defense ETF (WAR), le 30 décembre 2024.
U.S. Global Investors berichtete von einer positiven Entwicklung in seinem ETF-Portfolio für 2024. Der U.S. Global Jets ETF (JETS) führte mit einer Rendite von +33,21%, gefolgt vom GO GOLD and Precious Metal Miners ETF (GOAU) mit +13,80% und dem Sea to Sky Cargo ETF (SEA) mit +2,23%, einschließlich einer Dividende von 2,10 USD pro Aktie.
Die starke Leistung von JETS wurde durch eine rekordhohe Reise-Nachfrage angetrieben, da die TSA über 900 Millionen Passagiere überprüfte, was einem Anstieg von 5% im Vergleich zu 2023 entspricht. GOAU profitierte von einem Rekordpreis für Gold, das auf 2.787 USD pro Unze stieg, während die gesamte Goldnachfrage im dritten Quartal 100 Milliarden USD überstieg. Die Zentralbanken haben im dritten Quartal 186 metrische Tonnen Gold hinzugefügt. Der SEA ETF zeigte trotz branchenspezifischer Herausforderungen wie geopolitischer Instabilität und Arbeitskonflikten Resilienz.
Das Unternehmen hat außerdem am 30. Dezember 2024 seinen ersten aktiv verwalteten ETF, den U.S. Global Technology and Aerospace & Defense ETF (WAR), auf den Markt gebracht.
- JETS ETF achieved strong returns of 33.21%, outperforming the broader market
- GOAU ETF delivered 13.80% returns amid gold's 27.22% price increase
- SEA ETF maintained positive returns of 2.23% and paid $2.10 per share dividend
- Record-high passenger traffic with over 900 million passengers screened (+5% YoY)
- Gold demand exceeded $100 billion in Q3 2024
- SEA ETF faced challenges from geopolitical instability and labor disputes
Insights
The outstanding performance of U.S. Global Investors' ETF portfolio in 2024 reveals compelling sector-specific opportunities. The JETS ETF's +33.21% return significantly outperformed the broader market, driven by record-breaking passenger volumes and declining fuel costs. The GOAU ETF's +13.80% return capitalizes on gold's historic rally to
The strategic timing of launching the WAR ETF at year-end positions it to potentially benefit from increasing global defense spending and technological advancement trends. The diversified performance across different sectors - aviation, precious metals and shipping - showcases the effectiveness of the company's smart beta 2.0 strategy in capturing sector-specific growth opportunities while managing risk through quantitative selection criteria.
This comprehensive performance report demonstrates GROW's successful execution of its thematic investment strategy across multiple sectors. The outperformance of JETS ETF against major indices validates their timing and sector selection approach. The
The launch of WAR ETF as an actively managed product represents a strategic pivot, potentially offering more flexibility in capturing opportunities in the rapidly evolving aerospace and defense sectors. For investors, these results validate GROW's quantitative methodology and suggest potential for continued success in identifying and capitalizing on thematic investment opportunities.
San Antonio, TX, Jan. 13, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (Nasdaq: GROW) (“the Company”), a registered investment advisory firm[1] known for its thematic investment products, is pleased to share that its smart beta 2.0 ETFs ended positively in 2024, highlighting the effectiveness of the Company’s quantitative strategy for selecting high-quality stocks and building robust portfolios.
Below are the ETFs and their positive total returns for 2024:
- U.S. Global Jets ETF (NYSE: JETS): +
33.21% - U.S. Global GO GOLD and Precious Metal Miners ETF (NYSE: GOAU): +
13.80% - U.S. Global Sea to Sky Cargo ETF (NYSE: SEA): +
2.23% , which included a$2.10 -per-share dividend
The U.S. Global Technology and Aerospace & Defense ETF (NYSE: WAR), the Company’s first actively managed ETF, was launched on December 30, 2024, so performance data for 2024 is not yet available.
Performance shown as of 12/31/24 at market price. Assumes reinvestment of all dividends and/or distributions before taxes. Market performance does not represent the returns you would receive if you traded shares at other times. Performance for SEA would have been lower without fee waivers in effect.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. For each of the Fund’s holdings, standardized returns and performance current to the most recent month-end, please click on the respective fund ticker symbols: JETS, GOAU and SEA.
SEA ETF Closes 2024 on a High Note
The Company is particularly pleased to see that SEA ended the year in positive territory, with dividends reinvested.
Frank Holmes, the Company’s CEO and Chief Investment Officer, commented on the industry’s resilience: “Cargo shipping companies have been known to pay out consistent dividends, even in a slow economy. [2] The industry faced a number of challenges in 2024, from geopolitical instability to labor disputes[3]. Despite these headwinds, I’m pleased to see how agile the industry has been in rolling with the punches, so to speak. Companies adapted quickly to rerouted trade routes, managed rates proactively and continued investing in sustainability,[4] even under immense pressure. The SEA ETF’s positive performance, up
GOAU Achieves Double-Digit Returns Amid Gold’s Historic Rise
2024 was a milestone year for gold, with prices soaring from approximately
Driving these results were global central banks, which collectively added 186 metric tons of gold in the third quarter alone, extending nearly 15 years of net purchases.[6] Interest rate cuts by the Federal Reserve also provided additional support, bolstering gold’s safe-haven status.
JETS ETF Outpaces the Market in 2024 on Record-High Travel Demand
The airlines industry soared in 2024, fueled by a favorable economic backdrop and record-high passenger traffic. The Transportation Security Administration (TSA) reporting screening over 900 million passengers in U.S. airports during the year, representing a
The U.S. Global Jets ETF (JETS) reflected this robust performance, delivering
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About U.S. Global Investors, Inc.
The story of U.S. Global Investors goes back more than 50 years when it began as an investment club. Today, U.S. Global Investors, Inc. (www.usfunds.com) is a registered investment adviser that focuses on niche markets around the world. Headquartered in San Antonio, Texas, the Company provides money management and other services to U.S. Global Investors Funds and U.S. Global ETFs.
Please consider carefully a fund’s investment objectives, risks, charges and expenses. For this and other important information, obtain a statutory and summary prospectus by visiting www.usglobaletfs.com. Read it carefully before investing.
Fund Disclosures
Investing involves risk, including the possible loss of principal. ETF shares are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Each ETF concentrates its investments in specific industries and may be subject to greater risks and fluctuations than a portfolio representing a broader range of industries. The Funds are non-diversified, meaning they may concentrate more of their assets in a smaller number of issuers than a diversified fund.
The ETFs invest in foreign securities, which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for investments in emerging markets and pose additional risks and be more volatile due to less information, limited government oversight and lack of uniform standards. The funds may invest in the securities of smaller and mid-capitalization companies, which may be more volatile than funds that invest in larger, more established companies.
JETS, GOAU and SEA are not actively managed and may be affected by a general decline in market segments related to their indices they track. The performance of these ETFs may diverge from that of their indices. Because the funds may employ a representative sampling strategy and may also invest in securities that are not included in the index, the funds may experience tracking errors to a greater extent than a fund that seeks to replicate an index.
For GOAU - Gold, precious metals and precious minerals funds may be susceptible to adverse economic, political or regulatory developments due to concentrating in a single theme. The prices of gold, precious metals and precious minerals are subject to substantial price fluctuations over short periods of time and may be affected by unpredicted international monetary and political policies. We suggest investing no more than
For JETS - Airline companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for air travel and may also be significantly affected by changes in fuel prices, labor relations and insurance costs.
For SEA - Cargo companies may be adversely affected by a downturn in economic conditions that can result in decreased demand for sea shipping and freight.
WAR is actively-managed, and there is no guarantee the investment objective will be met. The fund is new and has a limited operating history to evaluate. WAR is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund.
The S&P 500 Stock Index is a widely recognized capitalization-weighted index of 500 common stock prices in U.S. companies. The NYSE Arca Global Airline Index is a modified equal-dollar weighted index designed to measure the performance of highly capitalized and liquid global airline companies.
All opinions expressed and data provided are subject to change without notice. Some of these opinions may not be appropriate to every investor. By clicking the link(s) above, you will be directed to a third-party website(s). U.S. Global Investors does not endorse all information supplied by this/these website(s) and is not responsible for its/their content.
Distributed by Quasar Distributors, LLC. U.S. Global Investors is the investment advisor to JETS, GOAU, SEA and WAR.
[1] Registration does not imply a certain level of skill or training.
[2] Miller, G. (2023, August 21). Container lines paid out billions in boom-time profits via dividends: Hapag-Lloyd’s dividend was
[3] LaRocco, L. A. (2024, November 13). U.S. port, union talks break down again over automation, with two months to go before potential strike. CNBC. Retrieved from https://www.cnbc.com/2024/11/13/port-automation-fight-breakdown-talks-new-strike.html
[4] Scott, M. (2024, December 3). A sea-change for seafarers as the shipping industry gears up to decarbonise. Reuters. Retrieved from https://www.reuters.com/sustainability/climate-energy/sea-change-seafarers-shipping-industry-gears-up-decarbonise-2024-12-03/
[5] World Gold Council. (2024, October 30). Global gold demand reaches a record high value of over US
[6] World Gold Council. (2024, October 30). Gold demand trends Q3 2024. World Gold Council. Retrieved from https://www.gold.org/goldhub/research/gold-demand-trends/gold-demand-trends-q3-2024/central-banks
[7] TSA. (2024, December 31). BREAKING NEWS: As of Monday, December 30, #TeamTSA has surpassed screening 900 million individuals at TSA airport security checkpoints, representing an approximate increase of about
FAQ
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