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

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 industry's adaptability and strategic focus, stating, “The airline industry demonstrated remarkable agility in 2024. Strong travel demand, strategic capacity management, and lower fuel costs have helped position airlines for sustained success. This resilience underscores the long-term potential of the Jets ETF as a key investment in the travel and transportation space.” The U.S. Global Sea to Sky Cargo ETF (SEA ETF) also delivered a solid performance, benefiting from dividends reinvested despite a challenging year for the global shipping industry. Geopolitical instability and labor disputes presented significant hurdles throughout 2024. However, cargo shipping companies quickly adapted by rerouting trade routes, managing rates proactively, and prioritizing sustainability initiatives even in the face of immense pressure. Holmes noted, “The cargo shipping industry proved its resilience once again by not only weathering a difficult global environment but continuing to deliver consistent dividends. This highlights the strength and dependability of the SEA ETF, even during periods of economic uncertainty.” The performance of U.S. Global Investors’ ETFs underscores the company’s ability to leverage data-driven strategies to identify opportunities in key growth sectors. With a focus on innovation and adaptability, Holmes expressed confidence in the company’s ability to continue delivering value to investors as markets evolve. #proactiveinvestors #usglobalinvestorsinc #nasdaq #grow #etf #jets #travel #colombia #WARETF #DefenceSpending #Cybersecurity #Semiconductors #Aerospace #SmartBeta #ETFs #NYSE