In trading on Wednesday, the U.S. Global Jets ETF (JETS) surged approximately 10%, significantly outperforming other ETFs. Notable contributors to this performance included Alaska Air Group (ALK), which rose about 15.4%, and Allegiant Travel (ALGT), gaining around 14.6%.
In contrast, the First Trust Natural Gas ETF (FCG) experienced a decline of roughly 7.7%. Key underperformers within this ETF included W&T Offshore (WTI), down about 14.8%, and Kosmos Energy (KOS), which fell by approximately 13.6%.
