Procure Space ETF
$40.74−0.77 (−1.85%)
- 0.75%
- $519M
- +8.8%
- 0.37%
- 1M sh
- $42.02
- low $30.89high $68.21
The ETF.net UFO Grade
C
Score 51 out of 100
- 5 of 15
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.D29 out of 100Rank 8 of 15Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C41 out of 100Rank 8 of 14Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A93 out of 100Rank 1 of 15Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B65 out of 100Rank 6 of 14Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B64 out of 100Rank 6 of 15
Our read on UFO
CUFO buys the space economy through a purpose-built benchmark, VettaFi's Space Index (formerly S-Network's), holding roughly 50 companies worldwide instead of leaning on a broad aerospace-and-defense proxy.
The fund aims to track the performance of the VettaFi Space Index, previously known as the S-Network Space Index, before accounting for fees and expenses.
Why people hold it
- Rules-based, not vibes-based: exposure comes from a published space index, the VettaFi Space Index, so the roster follows index methodology rather than a manager's hunches.
- Global mandate, not a US-only roster, so satellite and launch names listed overseas are in scope.
- Roughly 50 holdings keeps the theme concentrated rather than diluted across hundreds of tangentially related names.
- A billion-dollar-plus fund that trades actively for such a narrow theme, which generally means easier entries and exits than a thin thematic sleeve. Upper half of its space peer group.
Worth knowing
- 0.75% a year sits at the space-cohort median, and cheaper index routes exist: ROKT at 0.45%, ORBX at 0.50%.
- One theme, about 50 stocks. Contract wins, launch schedules and satellite demand drive the whole portfolio, so moves can be sharper than a broad global equity fund.
- Distributions arrive once or twice a year at most. This is structured as a thematic equity holding, not an income vehicle.
UFO Holdings
- Stocks
- 66
- 57%
- SPCX
Sectors
- Industrials56.9%
- Technology22.7%
- Communication20.4%
Geography
- United States80.09%
- Switzerland5.53%
- Canada3.58%
- Japan2.84%
- Netherlands2.31%
- France1.21%
- Luxembourg1.21%
- Italy1.16%
- 2.07%
UFO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
UFO$10,880
Returns run to the Oct 12, 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.
| Period | UFO |
|---|---|
| Year to date | +7.5% |
| 1 month | −4.1% |
| 3 months | −11.5% |
| 1 year | +8.8% |
| 3 years | +38.7% |
| 5 years | +8.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | UFO |
|---|---|---|
| 2026 YTD | +7.5% | |
| 2025 | +67.4% | |
| 2024 | +27.2% | |
| 2023 | −2.4% | |
| 2022 | −25.9% | |
| 2021 | +7.1% | |
| 2020 | −2.2% |
UFO in the news
UFO Dividends
- 0.37%
- $0.15
- $0.0041 per share
- Quarterly
Distribution history
UFO Risk
- 38.3%
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.
- 0.91
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.
- −49.3%
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.
- 1.86
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
UFO Cost
0.75%
UFO0.75%
- The middle half of Space funds
- Median 0.75%
7 of the 15 Space funds charge less.
Other funds in Space
- CWARPVanEck Space ETFExpense ratio 0.50%1 year return —
- CORBXGlobal X Space Tech ETFExpense ratio 0.50%1 year return —
- CNASATema Space Innovators ETFExpense ratio 0.75%1 year return —
- CDIPRCorgi ETF Trust I - Corgi Space & Satellite Communications ETFExpense ratio 0.35%1 year return —
- CFSPCFirst Trust Bloomberg Space Economy ETFExpense ratio 0.65%1 year return —