ORBX vs UFO

ORBXCGlobal X Space Tech ETF

UFOCProcure Space ETF

In short

ORBX Space investing usually carries a 0.75% toll. ORBX charges 0.50% for a global basket of roughly 40 companies spanning launch systems, satellites, orbital transport and space tourism. The whole launchpad, not one slice of it.

UFO UFO 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.

Stated mandate

ORBX ORBX seeks to track, before fees and expenses, the price and yield performance of the Global X Space Tech Index. It invests in companies benefiting from commercialization of the global space economy across launch systems, space technology and components, orbital transport, satellite-enabled services, and space exploration or tourism.

UFO 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

• ORBX At 0.50%, it undercuts the 0.75% sticker worn by UFO, ARKX and NASA. Same theme, smaller toll.
• The index reaches across the whole stack: launch systems, space components, orbital transport, satellite-enabled services, exploration and tourism. Not a pure rocket bet.globalxetfs.com
• Rules-based, index-tracked and global, holding roughly 40 names. That package lands in the upper tier of the small space-ETF field.

• UFO 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

• ORBX Concentration cuts both ways: about 40 stocks in one young industry, so swings run wider than a broad-market fund.
• Launched in 2026, so there is little history to judge it by and the asset base is still building.
• Income is not part of the design; this is a growth theme, not a payout sleeve.

• UFO 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.

Full ORBX profile⁠

Full UFO profile⁠