Skip to content
etf.net

NASA

GradeCNew York Stock Exchange Arca

Tema Space Innovators ETF

Themes · Tema · Inception 2026-03-30

$24.16−0.77 (−3.07%)

As of Sep 23, 2026, 2:18 PM EDT

History starts Mar 31, 2026.History starts Mar 31, 2026.History starts Mar 31, 2026.
Intraday session: down, 59 prints from 24.93 to 24.16. Range 24.13 to 24.78. Use the arrow keys to read each point.$24.40$24.60$24.8010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.1B
1Y return
—
Yield · Last 12 months
—
Holdings
36
Volume · 30D
4.8M sh
NAV per share
$24.65
52W range
low $20.46high $42.68

The ETF.net NASA Grade

C

45/ 100

Rank 7 of 15 in Space⁠

Confidence Medium

Six-pillar profile for NASA. Scores out of 100: Cost 29, Risk 38, Mission not scored, Tradability 84, Holdings 41, Durability 66. Strongest: Tradability (84). Weakest: Cost (29). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 45 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    DScore 29
    Category rank11/15 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 38
    Category rank8/11 · mid-pack

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 84
    Category rank3/15 · top 20%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    CScore 41
    Category rank11/14 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 66
    Category rank6/15 · top 40%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on NASA

ETF.net Research

CIt landed the ticker every space fund wanted. NASA is a concentrated, roughly 40-stock read on the space economy, from defense systems to space tourism, and it trades like a much older fund.

Stated mandate

The Fund seeks long-term growth through investments connected with space-related innovation, including areas such as defense systems and space tourism.

Why people hold it

  1. 01One ticker, the whole launchpad: about 40 names tied to space innovation, spanning defense systems through space tourism.
  2. 02Charges 0.75% a year, right at the median for space ETFs, so the concentrated active approach costs no more than the category norm.
  3. 03Very actively traded and already north of a billion in assets, so getting in and out is rarely the hard part.
  4. 04Lands in the upper half of its space-fund peer group on our overall read, helped by how cleanly it trades.

Worth knowing

  1. 01Cheaper orbits exist: ROKT charges 0.45% and ORBX 0.50%, against 0.75% here.
  2. 02A 2026 launch with about 40 holdings in a story-driven sector: thin history to judge, and single names carry real weight.
  3. 03Built for long-term growth, not income. It has not paid a distribution.

NASA Holdings

As of Sep 20, 2026, 6:07 AM
Asset class
Stocks
Holdings
36
Top-10 weight
67%
Largest holding
SPACEX SPV17.5%

Geography

  • United States72.96%
  • Canada9.22%
  • Japan7.74%
  • United Kingdom5.78%
  • Germany2.80%
  • Poland0.83%
  • Netherlands0.66%
The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001SPACEX SPVSPACEX SPV EXPOSURE17.51%1,270,452$194M2
002RKLBROCKET LAB CORP9.52%1,632,698$105M237
003SPCXSPACE EXPLORATION TECHNOLOGIES CORP7.10%514,795$79M268
004ASTSAST SPACEMOBILE INC6.43%1,217,979$71M152
005VSATVIASAT INC5.91%857,965$66M159
0063491.TWUNIVERSAL MICROWAVE TECHNOLOGY INC5.11%1,149,321$57M2
007FTC.LFILTRONIC PLC4.30%13,920,643$48M8
008VOYGVOYAGER TECHNOLOGIES INC3.69%1,140,793$41M72
009FLYFIREFLY AEROSPACE INC3.65%1,927,764$40M79
010LUNRINTUITIVE MACHINES INC3.37%2,680,880$37M84
011MDAMDA SPACE LTD3.04%1,119,704$34M14
012VNP.TO5N PLUS INC3.00%1,759,690$33M37
013BKSYBLACKSKY TECHNOLOGY INC2.28%1,165,792$25M68
014186A.TASTROSCALE HOLDINGS INC2.14%3,227,892$24M35
015LITELUMENTUM HOLDINGS INC2.09%24,864$23M385

Showing 1–15 of 36 holdings

NASA Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

NASA$8,380
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. NASA $8,380. SPY $10,415. Use the arrow keys to read each point.$6,621$8,677$10,734Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for NASA. Periods over one year show the average yearly return.
PeriodNASA
Year to dateFund launched this year—
1 month+1.2%
3 months−16.2%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for NASA
YearReturn barNASA
2026 YTD−1.0%

History from Mar 31, 2026

NASA in the news

NASA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

NASA Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
4.53
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

NASA Cost

Expense ratio0.75%
  • The middle half of Space funds
  • Median 0.75%

7 of the 15 Space funds charge less.

NASA costs $75.00 a year on $10,000. The median Space fund costs $75.00.