With rising Oil prices, Travel ETFs continue to drop. The US Global ETF Jets (JETS) is down 20% this month. The ETFMG Travel Tech ETF (AWAY) is down 14.13% over the last month. The Defiance Hotel Airline and Cruise ETF (CRUZ) is down nearly 17.53% this month. Jet Fuel is at a 13 year high.
ETF Newz Says:
Not only are oil prices creating issues, but Euro Travel is off the table for many, with the crisis going on between Russia/Ukrain.e