Why This Airline ETF Has Crushed Its Transportation Peers
Airline stocks have a long and varied history, having gone through boom periods only to see many industry giants suffer through bankruptcy, leaving shareholders with massive losses. Yet things have changed for airlines over the past five to 10 years. Consolidation in the industry, reduction in overcapacity, and the rise of ancillary revenue from baggage fees and other sources has bolstered airlines, making them more profitable than ever. Although exchange-traded funds that focus on the transportation industry have captured some of the positive impact of strong airline stocks, their returns have been watered down with exposure to other subsectors under transportation. One pure-play airline ETF has done a much better job of delivering returns to shareholders, and bullish investors hope those trends will continue.
Airline/Transportation ETF
Assets Under Management
Source: Fool.com
