JETS vs. PRN

Last updated Apr 2, 2026

Compare and contrast key facts about U.S. Global Jets ETF (JETS) and Invesco DWA Industrials Momentum ETF (PRN).

JETS and PRN are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. JETS is a passively managed fund by US Global that tracks the performance of the U.S. Global Jets Index. It was launched on Apr 28, 2015. PRN is a passively managed fund by Invesco that tracks the performance of the DWA Industrials Technical Leaders Index. It was launched on Oct 12, 2006. Both JETS and PRN are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

JETS vs. PRN - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in U.S. Global Jets ETF (JETS) and Invesco DWA Industrials Momentum ETF (PRN). The values are adjusted to include any dividend payments, if applicable.

JETS vs. PRN - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
JETS U.S. Global Jets ETF	-9.98%	11.64%	33.21%	11.42%	-19.01%	-5.13%	-28.93%	14.38%	-14.30%	18.66%
PRN Invesco DWA Industrials Momentum ETF	14.75%	13.74%	30.35%	37.96%	-25.09%	25.21%	36.39%	34.52%	-16.19%	22.82%

Returns By Period

In the year-to-date period, JETS achieves a -9.98% return, which is significantly lower than PRN's 14.75% return. Over the past 10 years, JETS has underperformed PRN with an annualized return of 0.59%, while PRN has yielded a comparatively higher 16.41% annualized return.

JETS

• 1D: 2.60%
• 1M: -8.77%
• YTD: -9.98%
• 6M: 3.86%
• 1Y: 24.64%
• 3Y*: 11.00%
• 5Y*: -1.06%
• 10Y*: 0.59%

PRN

• 1D: 2.98%
• 1M: -4.43%
• YTD: 14.75%
• 6M: 15.16%
• 1Y: 44.15%
• 3Y*: 28.70%
• 5Y*: 14.66%
• 10Y*: 16.41%

*Multi-year figures are annualized to reflect compound growth (CAGR)

JETS vs. PRN - Expense Ratio Comparison

Both JETS and PRN have an expense ratio of 0.60%.

JETS

U.S. Global Jets ETF

PRN

Invesco DWA Industrials Momentum ETF

Return for Risk

JETS vs. PRN — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

JETS

JETS Risk / Return Rank: 36
JETS Sharpe Ratio Rank: 33
JETS Sortino Ratio Rank: 42
JETS Omega Ratio Rank: 35
JETS Calmar Ratio Rank: 35
JETS Martin Ratio Rank: 33

PRN

PRN Risk / Return Rank: 80
PRN Sharpe Ratio Rank: 79
PRN Sortino Ratio Rank: 77
PRN Omega Ratio Rank: 71
PRN Calmar Ratio Rank: 90
PRN Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

JETS vs. PRN - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for U.S. Global Jets ETF (JETS) and Invesco DWA Industrials Momentum ETF (PRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	JETS	PRN	Difference
Sharpe ratio Return per unit of total volatility	0.66	1.52	-0.87
Sortino ratio Return per unit of downside risk	1.22	2.04	-0.81
Omega ratio Gain probability vs. loss probability	1.15	1.28	-0.12
Calmar ratio Return relative to maximum drawdown	0.94	3.23	-2.29
Martin ratio Return relative to average drawdown	3.01	10.12	-7.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

JETS vs. PRN - Sharpe Ratio Comparison

The current JETS Sharpe Ratio is 0.66, which is lower than the PRN Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of JETS and PRN, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	JETS	PRN	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.66	1.52	-0.87
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.60	-0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.02	0.69	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.03	0.48	-0.45

Correlation

The correlation between JETS and PRN is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

JETS vs. PRN - Dividend Comparison

JETS's dividend yield for the trailing twelve months is around 0.92%, more than PRN's 0.14% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JETS U.S. Global Jets ETF	0.92%	0.83%	0.00%	0.00%	0.00%	0.67%	0.04%	1.24%	0.09%	1.57%	0.58%	0.17%
PRN Invesco DWA Industrials Momentum ETF	0.14%	0.17%	0.39%	0.52%	0.82%	0.11%	0.10%	0.42%	0.29%	0.60%	0.57%	0.44%

Drawdowns

JETS vs. PRN - Drawdown Comparison

The maximum JETS drawdown since its inception was -64.92%, which is greater than PRN's maximum drawdown of -59.88%. Use the drawdown chart below to compare losses from any high point for JETS and PRN.

Drawdown Indicators

	JETS	PRN	Difference
Max Drawdown Largest peak-to-trough decline	-64.92%	-59.88%	-5.04%
Max Drawdown (1Y) Largest decline over 1 year	-24.13%	-14.15%	-9.98%
Max Drawdown (5Y) Largest decline over 5 years	-46.70%	-34.84%	-11.86%
Max Drawdown (10Y) Largest decline over 10 years	-64.92%	-36.27%	-28.65%
Current Drawdown Current decline from peak	-25.00%	-6.48%	-18.52%
Average Drawdown Average peak-to-trough decline	-25.25%	-10.92%	-14.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.52%	4.52%	+3.00%

Volatility

JETS vs. PRN - Volatility Comparison

U.S. Global Jets ETF (JETS) and Invesco DWA Industrials Momentum ETF (PRN) have volatilities of 11.45% and 11.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	JETS	PRN	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.45%	11.92%	-0.47%
Volatility (6M) Calculated over the trailing 6-month period	22.28%	23.19%	-0.91%
Volatility (1Y) Calculated over the trailing 1-year period	37.80%	29.18%	+8.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	31.82%	24.63%	+7.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.88%	23.79%	+10.09%