Procure Space ETF
$43.32−0.92 (−2.08%)
- Expense ratio
- 0.75%
- Fund size
- $558M
- 1Y return
- +24.2%
- Yield · Last 12 months
- 0.33%
- Holdings
- 69
- Volume · 30D
- 1M sh
- NAV per share
- $44.14
- 52W range
The ETF.net UFO Grade
Score 53 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 29Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 45Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 93Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 67Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 76Category rank
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
- 69
- 55%
- SPCX
Sectors
- Industrials49.9%
- Technology26.7%
- Communication23.5%
Geography
- United States74.80%
- Switzerland7.27%
- Canada3.85%
- Japan3.55%
- Netherlands3.30%
- Luxembourg1.81%
- France1.63%
- Italy1.39%
- 2.40%
Developed 95% · Emerging 5%
UFO Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
UFO$12,422
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.
| Period | UFO |
|---|---|
| Year to date | +14.6% |
| 1 month | −3.7% |
| 3 months | −9.1% |
| 1 year | +24.2% |
| 3 years | +39.4% |
| 5 years | +9.6% |
| 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 | +14.6% | |
| 2025 | +67.4% | |
| 2024 | +27.2% | |
| 2023 | −2.4% | |
| 2022 | −25.9% | |
| 2021 | +7.1% | |
| 2020 | −2.2% |
UFO in the news
UFO Dividends
- 0.33%
- $0.15
- $0.06 per share
- Twice a year
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 29, 2026 | Jun 30, 2026 | $0.06 |
| Dec 29, 2025 | Dec 30, 2025 | $0.09 |
| Jun 27, 2025 | Jun 30, 2025 | $0.08 |
| Mar 27, 2025 | Mar 28, 2025 | $0.01 |
| Dec 30, 2024 | Dec 31, 2024 | $0.24 |
| Sep 27, 2024 | Sep 30, 2024 | $0.18 |
| Jun 27, 2024 | Jun 28, 2024 | $0.04 |
| Dec 28, 2023 | Jan 3, 2024 | $0.04 |
| Sep 27, 2023 | Sep 29, 2023 | $0.11 |
| Jun 28, 2023 | Jun 30, 2023 | $0.14 |
| Mar 29, 2023 | Mar 31, 2023 | $0.07 |
| Dec 29, 2022 | Jan 3, 2023 | $0.14 |
UFO Risk
- 38.9%
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.
- 0.84
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.