| Frontier Group Holdings Inc | Airlines | Industrials | -12.50 | -6.05 | -40.85 | -56.46 | -38.87 | -48.56 | -63.38 | -67.52 |
| Allegiant Travel Co | Airlines | Industrials | -7.87 | -4.78 | -16.75 | -54.05 | -19.10 | -24.59 | -48.21 | -67.59 |
| JetBlue Airways Corp | Airlines | Industrials | -13.99 | -11.51 | -33.09 | -52.08 | -45.74 | -45.97 | -47.81 | -69.33 |
| American Airlines Group Inc | Airlines | Industrials | -14.48 | 0.05 | -23.92 | -48.26 | -19.13 | -29.08 | -32.79 | -43.96 |
| Surf Air Mobility Inc | Airlines | Industrials | -4.84 | -0.84 | -37.89 | -45.87 | -27.83 | -59.15 | -89.30 | -89.30 |
| Controladora Vuela Compania de Aviacion S.A.B. de C.V. ADR | Airlines | Industrials | -7.48 | -10.48 | -15.01 | -42.12 | -24.68 | -38.80 | -57.70 | -73.02 |
| United Airlines Holdings Inc | Airlines | Industrials | -11.41 | 4.18 | -19.16 | -41.42 | 4.13 | 48.10 | 45.49 | 47.93 |
| Delta Air Lines Inc | Airlines | Industrials | -11.09 | 1.68 | -21.80 | -41.07 | -21.54 | -13.96 | 17.98 | 4.88 |
| Sun Country Airlines Holdings Inc | Airlines | Industrials | -10.82 | -4.68 | -22.58 | -35.78 | -2.53 | -29.03 | -48.00 | -57.95 |
| Alaska Air Group Inc | Airlines | Industrials | -11.46 | -3.11 | -19.76 | -34.72 | 3.61 | 6.08 | 4.90 | -15.73 |
| Azul S.A. ADR | Airlines | Industrials | -3.92 | -12.50 | -16.00 | -25.76 | -52.27 | -80.48 | -77.07 | -90.45 |
| Skywest Inc | Airlines | Industrials | -6.22 | 0.18 | 3.94 | -23.78 | -4.52 | 25.14 | 271.20 | 200.57 |
| Mesa Air Group Inc | Airlines | Industrials | -7.56 | 41.69 | 10.64 | -23.53 | -12.97 | 27.29 | -55.93 | -72.49 |
| Southwest Airlines Co | Airlines | Industrials | -9.67 | -10.64 | -7.94 | -21.67 | -14.10 | -5.56 | -16.06 | -35.97 |
| Copa Holdings S.A. Cl A | Airlines | Industrials | -5.18 | -7.51 | -8.44 | -1.36 | -7.18 | -10.98 | 8.86 | 23.42 |
| Ryanair Holdings Plc ADR | Airlines | Industrials | -3.30 | 1.23 | -9.99 | -0.09 | -0.87 | -40.07 | -5.76 | -2.53 |
| Air Transport Services Group Inc | Airlines | Industrials | -0.04 | 0.40 | 0.94 | 2.00 | 47.80 | 73.46 | 8.39 | -22.83 |
| flyExclusive Inc Cl A | Airlines | Industrials | -0.03 | -8.43 | -5.69 | 2.13 | 19.96 | -36.73 | -56.22 | -56.22 |
| LATAM Airlines Group S.A. ADR | Airlines | Industrials | -5.34 | -10.52 | -14.02 | 3.67 | 6.31 | 11.94 | 11.94 | 11.94 |