A new exchange traded fund (ETF) that aims to provide diversified access to global sea shipping and airfreight industries has begun trading on the New York Stock Exchange (NYSE).

 

US Global Investors’ US Global Sea to Sky Cargo ETF consists of common stocks listed on developed and emerging market exchanges across the globe.

 

Its exposure to the airfreight industry helps differentiate it from its shipping ETF peers, many of which simply track an index, said US Global Investors.