The folks at a 57-year-old, publicly traded fund firm recently celebrated the tin anniversary of one of their thematic funds.

Frank Edward Holmes U.S. Global Investors, Inc. CEO, Chief Investment Officer

April 28 was the tenth birthday of the U.S. Global Jets ETF (JETS on the NYSE Arca, Inc.). Folks from San Antonio, Texas-based U.S. Global Investors, Inc. [profile] (JETS' investment advisor) gathered at the NYSE to mark the occasion.

JETS first launched on April 28, 2015. The ETF comes with an expense ratio of 60 basis points. As of yesterday (May 12, 2025), JETS had about $860 million in AUM.

The 10-year-old fund is designed to track the U.S. Global Jets Index, which focuses on the airline industry. JETS' two portfolio managers (both of whom have worked on the fund since inception) include Ralph Aldis (PM), and Frank Holmes (CEO and director).

JETS is a passively managed, non-diversified series of ETF Series Solutions. The ETF's other service providers include:

Cohen & Company, Ltd. as independent accounting firm;

Indxx, LLC as index calculation agent;

Morgan, Lewis & Bockius LLP as counsel;

ACA Foreside's Quasar Distributors, LLC as distributor;

U.S. Bancorp Fund Services, LLC (dba U.S. Bank Global Fund Services) as administrator, fund accountant, and transfer agent;

U.S. Bank N.A. as custodian and securities lending agent; and

U.S. Global Indices, LLC, a subsidiary of U.S. Global Investors, as index provider.

 

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