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UFOX vs XSPC

Defiance Space and Connective Tech ETF

UFOXANasdaq

VegaShares SpaceX & Beyond Earth ETF

XSPCDNasdaq

Overlap

22.6%by weight

Expense ratio

UFOX −0.45pt a year

UFOX0.30%XSPC0.75%

Avg volume · 30D

UFOX 12.4×the volume

UFOX31KXSPC2.51K

UFOX vs XSPC Performance

Jul 31, 2026 – Oct 30, 2026

−2.7%UFOX−1.7%XSPC

Jul 31, 2026 to Oct 30, 2026. UFOX −2.7%. XSPC −1.7%. Use the arrow keys to read each point.10%20%30%Jul 2026Sep 2026Oct 2026
Expense ratio
UFOX 0.30%, better
XSPC 0.75%
Fund size
UFOX $797M
XSPC $2M
1Y total return
UFOX +14.5%
XSPC No data
Yield (12M)
UFOX 0.48%
XSPC No data
Holdings
UFOX 63
XSPC 23
Avg volume (30D)
UFOX 31K sh, better
XSPC 2.51K sh
NAV per share
UFOX $77.37
XSPC $18.29
52W range

ETF.net Grade

UFOX: Cost 100, Risk 62, Mission not scored, Tradability 76, Holdings 83, Durability 84. XSPC: Cost 29, Risk 33, Mission not scored, Tradability 57, Holdings 46, Durability 35.
Pillar letters and Scores for UFOX, XSPC, with each pillar’s weight
PillarUFOXXSPC
Cost30% weightA100HigherD29
Mission25% weightNot scoredNot scored
Risk15% weightB62HigherD33
Tradability15% weightA76HigherB57
Holdings10% weightA83HigherC46
Durability5% weightA84HigherD35

Rank among Space funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. UFOX and XSPC are both graded against the same 15 Space funds, so their Grades compare head to head.

Space⁠

Category · 15 funds
See all 15 ›

UFOX ranks 1st and XSPC 12th of 15 funds in the Space Category.

  1. Rank 1AUFOXDefiance Space and Connective Tech ETFScore 84
  2. Rank 2AROKTState Street SPDR S&P Kensho Final Frontiers ETFScore 80
  3. Rank 12DMARSRoundhill Space & Technology ETFScore 38
  4. Rank 12DXSPCVegaShares SpaceX & Beyond Earth ETFScore 38
  5. Rank 14FSPCLDefiance Pure Space Daily 2X Strategy ETFScore 16
  6. XWNGNot yet graded

Our read on each fund

ETF.net Research

UFOXADefiance Space and Connective Tech ETF

XSPCDVegaShares SpaceX & Beyond Earth ETF

In short

UFOX A space theme without the space-theme price tag. UFOX tracks a rules-based index of roughly 60 satellite and connectivity companies for 0.30%, a little over half what the typical global thematic fund charges.

XSPC Most space funds spread bets across dozens of names. This one is anchored by SpaceX, launched in June 2026 days after that IPO, then widens out to satellite networks and orbital compute. Actively managed and openly concentrated.

Stated mandate

UFOX The fund seeks to track, before fees and expenses, the total return of the BlueStar® Space and Connective Technologies Index. It uses passive indexing and generally invests in the index constituents.

XSPC The Fund seeks capital appreciation. It is actively managed and normally invests at least 80% of assets, including investment borrowings, directly or indirectly in equity securities of SpaceX and other Space and AI Ecosystem Companies.

Why people hold it

  • UFOX Charges 0.30% a year, against a 0.56% median for its global thematic peers. Niche themes usually cost more, not less.
  • Fully rules-based. It tracks the BlueStar Space and Connective Technologies Index, so what lands in the portfolio follows a published methodology, not a manager's hunch.defianceetfs.com
  • About 60 holdings across a global and US mandate, so the theme is spread over satellite and connectivity businesses rather than three or four pure plays.
  • Listed since 2019, mid-sized, moderately traded and paying quarterly. On the whole, one of the stronger profiles in its global thematic group.
  • XSPC Built around SpaceX itself: the fund launched in June 2026, days after SpaceX's IPO, with the stock as its anchor position.businesswire.com
  • Active mandate, not an index sleeve: at least 80% of assets sit in SpaceX and other space and AI ecosystem equities, letting the manager move across the orbital stack.
  • The 0.75% fee lands right at the median for space funds, matching long-running active peers like ARKX and UFO.
  • Coverage runs the whole chain the issuer describes: launch and exploration, satellite connectivity, and the compute and data systems headed for orbit.vegasharesetfs.combusinesswire.com

Worth knowing

  • UFOX One theme, roughly 60 stocks. Space and connectivity names tend to move together, so the ride is bumpier than a broad market fund.
  • Wide tent. "Space and connective technologies" stretches from satellites to connectivity infrastructure, so check the holdings list to see what you actually own.defianceetfs.com
  • Cheap for a theme fund, not cheap outright. Broader global peers such as KLMT (0.10%) and IQSZ (0.19%) sit well below it on fees.
  • XSPC Cheaper routes into the theme exist: UFOX charges 0.30% and ROKT 0.45%, both well under half this fee.
  • New and small: a 2026 launch means a short record, and trading has been light next to the category's largest funds, which can widen spreads.
  • Capital appreciation is the entire mandate, and the fund has not paid distributions, so income is not part of the package.

Full UFOX profile⁠

Full XSPC profile⁠

UFOX vs XSPC Holdings

How UFOX and XSPC differ

Overlap by weight

22.6%

Shared holdings make up 65.6% of XSPC and 22.6% of UFOX.

Level by level

  • Holdings14 in both22.6%
  • Countryby domicile92.3%
  • Asset classEquity100%

Sector

No Sector split for XSPC.

Country, concentration and asset class

Country by domicile

Country weights in UFOX and XSPC, widest gap first
CountryMore in UFOXMore in XSPC
United StatesXSPC +5.2 points
SingaporeXSPC +2.5 points
CanadaUFOX +2.3 points
IsraelUFOX +1.5 points
SwedenUFOX +1.5 points
FinlandUFOX +1.3 points
ChinaUFOX +0.9 points

Concentration

Weight in the 10 largest Holdings

  • UFOX35.3%
  • XSPC66.7%

Securities held

  • UFOX62
  • XSPC23

Asset class

UFOX
Equity
XSPC
Equity

Holdings

  • Only in UFOX48
  • In both14
  • Only in XSPC9

Only in UFOX

48 securities, 77.4% of UFOX by weight

  • Apple Inc5.87%
  • Broadcom Inc4.80%
  • Cisco Systems Inc3.60%

Only in XSPC

9 securities, 34.5% of XSPC by weight

  • Palantir Technologies Inc9.06%
  • Kratos Defense & Security Solutions Inc4.86%
  • Mercury Systems Inc4.41%

Weight gaps

All 14 Holdings in both funds, largest gap first.

Holding weights in UFOX and XSPC, widest gap first
HoldingMore in UFOXMore in XSPC
Space Exploration Technologies CorpSPCXXSPC +11.57 points
Lumentum Holdings IncLITEXSPC +4.77 points
Voyager Technologies IncVOYGXSPC +4.50 points
Viasat IncVSATXSPC +4.40 points
Coherent CorpCOHRXSPC +2.67 points
Rocket Lab CorpRKLBXSPC +2.31 points
Redwire CorpRDWXSPC +2.23 points
Planet Labs PBCPLXSPC +2.08 points

All 63 UFOX holdings⁠All XSPC holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

UFOX vs XSPC Cost

Overpaying XSPC vs UFOX

$8,333

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • UFOX 0.30%

    $6,149

  • XSPC 0.75%

    $14,482

$10,000
30 years

Cost over time

  • UFOX 0.30%
  • XSPC 0.75%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530XSPC $14,482UFOX $6,149

Year by year

YearUFOXXSPCOverpaying
10$545$1,336$791
20$2,113$5,078$2,965
30$6,149$14,482$8,333

Expense ratio

  • 0.30%UFOX, cheaper
  • 0.75%XSPC
  • Middle half of Space funds
  • Median 0.75%

UFOX cheapest of 15 funds

XSPC 8th cheapest of 15 funds

UFOX vs XSPC Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
UFOX 0.48%
XSPC No data
Payout (12M)
UFOX $0.37
XSPC None
Last payment
UFOX $0.06
XSPC No data
Ex-dividend
UFOX Sep 23, 2026
XSPC No data
Paid on
UFOX Sep 24, 2026
XSPC No data
Frequency
UFOX Quarterly
XSPC No data

Distribution history

Per share, 2019 to 2026, same scale for both

UFOXQuarterly · 30 paymentsAll UFOX payments⁠
One bar per payment. 30 payments from 2019 to 2026 YTD. Jun 24, 2019 $0.06; Sep 17, 2019 $0.07; Dec 26, 2019 $0.06; Mar 24, 2020 $0.05; Jun 23, 2020 $0.10; Sep 22, 2020 $0.08; Dec 29, 2020 $0.10; Mar 24, 2021 $0.06; Jun 23, 2021 $0.12; Sep 22, 2021 $0.09; Dec 29, 2021 $0.23; Mar 23, 2022 $0.09; Jun 22, 2022 $0.16; Sep 21, 2022 $0.10; Dec 28, 2022 $0.13; Mar 22, 2023 $0.09; Jun 21, 2023 $0.17; Sep 20, 2023 $0.13; Dec 27, 2023 $0.12; Mar 20, 2024 $0.08; Jun 26, 2024 $0.11; Sep 25, 2024 $0.09; Dec 27, 2024 $0.09; Mar 26, 2025 $0.08; Jun 25, 2025 $0.10; Sep 24, 2025 $0.07; Dec 29, 2025 $0.10; Mar 25, 2026 $0.10; Jun 24, 2026 $0.11; Sep 23, 2026 $0.06. Use the arrow keys to read each point.$0$0.25202020232026YTD
XSPCAll XSPC payments⁠

No distribution history available.

UFOX vs XSPC Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
UFOX 27.7%XSPC No data
Return per unit of riskSharpe ratio, 3 years
UFOX 1.17XSPC No data
Worst fallMax drawdown, 5 years
UFOX −33.9%XSPC No data
Market sensitivityBeta, 5 years
UFOX 1.58XSPC 0.91

UFOX and XSPC in the news

All news⁠

Popular comparisons

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