U.S. Global Investors reports strong 2024 performance across ETFs as travel industry thrive [Video]

U.S. Global Investors CEO Frank Holmes joined Steve Darling from Proactive to reflected on a highly successful 2024, as the company’s innovative smart beta 2.0 ETFs delivered robust gains, highlighting the strength of its quantitative investment strategy. The company’s ETF offerings, which include the U.S. Global Jets ETF, U.S. Global Go Gold and Precious Metals Miners ETF, and U.S. Global Sea to Sky Cargo ETF, all closed the year in positive territory, showcasing resilience and growth across key sectors.

The standout performer was the U.S. Global Jets ETF, which achieved an impressive 33.21% increase. Holmes attributed this strong performance to a booming airline industry, bolstered by favorable economic conditions and record-high passenger traffic. The Transportation Security Administration reported screening over 900 million passengers in U.S. airports in 2024, marking a 5% increase from 2023. Declining global oil prices further supported the sector, easing operational costs for airlines. Holmes emphasized the …