Barclays Identifies Top ETFs by Options Activity, JETS Leads

Barclays analysts identify the top 10 ETFs with the most and least options activity, with the U.S. Global Jets ETF (JETS) leading the list and the iShares U.S. Real Estate ETF (IYR) having the lowest activity. JETS shares have increased by 8.4% since the beginning of 2024, currently trading at $20.63.

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Aqsa Younas Rana
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Barclays Identifies Top ETFs by Options Activity, JETS Leads

Barclays Identifies Top ETFs by Options Activity, JETS Leads

Barclays analysts have identified the top 10 exchange-traded funds (ETFs) with the most and least options activity, according to a recent analysis. The U.S. Global Jets ETF (JETS) leads the list of ETFs with the highest options activity, while the iShares U.S. Real Estate ETF (IYR) has the lowest options activity among the top 10.

Why this matters: Understanding the options activity of ETFs can provide valuable insights for investors making informed decisions in the market. This analysis can also help identify trends and opportunities in specific industries, such as airlines or real estate, which can have broader implications for the economy.

The top 10 ETFs with the most options activity have options activity scores ranging from the 60th to 70th percentiles, as determined by Barclays. JETS, which invests in US and non-US airline companies with a focus on domestic passenger airlines, tops the list. The fund was launched on April 28, 2015, and is managed by US Global. It currently has approximately $1.28 billion in assets under management across 55 holdings, including major airlines such as Delta Air Lines, United Airlines, and American Airlines.

On the other hand, the 10 ETFs with the least options activity have options activity scores ranging from the 5th to 30th percentiles. The iShares U.S. Real Estate ETF (IYR) has the lowest options activity among the identified ETFs. The specific methodology used by Barclays analysts to calculate the options activity scores was not provided.

JETS shares have increased by 8.4% since the beginning of 2024 and are currently trading at $20.63. The fund's investors include a variety of retail and institutional investors, with top institutional investors such as Ayalon Insurance Comp Ltd., Janney Montgomery Scott LLC, and BNP Paribas Financial Markets. Shares of JETS can be purchased through various online brokerages, including Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

The Barclays analysis also mentioned the performance of other ETFs and individual stocks. The iShares Expanded Tech Software Sector ETF (IGV) rose 0.7% last week, while the VanEck Vectors Semiconductor ETF (SMH) popped 2.6%, with Nvidia and Taiwan Semiconductor as its two largest holdings. The SPDR S&P Metals Mining ETF (XME) advanced 1.25%, and the Global X U.S. Infrastructure Development ETF (PAVE) jumped 2.85%, with Martin Marietta stock as a major component.

The U.S. Global Jets ETF (JETS) and the iShares U.S. Real Estate ETF (IYR) represent two ends of the spectrum in terms of options activity among the top 10 ETFs identified by Barclays analysts. As investors continue to navigate the market in 2024, understanding the options activity and performance of various ETFs and individual stocks can provide valuable insights for making informed investment decisions.

Key Takeaways

  • Barclays identifies top 10 ETFs with most and least options activity.
  • JETS (U.S. Global Jets ETF) has highest options activity, IYR (iShares U.S. Real Estate ETF) has lowest.
  • JETS invests in US and non-US airline companies, with $1.28B in assets under management.
  • JETS shares up 8.4% since 2024, currently trading at $20.63.
  • Understanding ETF options activity can provide valuable insights for investors.