Key stats
About Procure Space ETF
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Inception date
Apr 11, 2019
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProcureAM LLC
Distributor
Quasar Distributors LLC
UFO is the first global aerospace & defense fund. The companies included in this fund span several industries, including (a) satellite-based consumer products and services, (b) rocket and satellite manufacturing, deployment and maintenance, (c) space technology hardware, (d) ground equipment manufacturing, and (e) space-based imagery and intelligence services. The fund divides its constituents into two tranches. The first tranche is comprised of non-diversified companies that derive at least 50% (but typically 100%) of their revenues from space-related activities. The second tranche is comprised of diversified companies that play a significant role in the production of space technology and equipment. The non-diversified tranche is then given 80% of the weight of the Underlying Index and the diversified tranche is given 20% of the weight. The index is reconstituted and rebalanced semi-annually.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Communications
Technology Services
Consumer Services
Stocks99.03%
Electronic Technology51.98%
Communications18.97%
Technology Services12.15%
Consumer Services11.42%
Commercial Services4.52%
Bonds, Cash & Other0.97%
Mutual fund0.74%
Cash0.22%
Stock breakdown by region
North America73.95%
Asia14.63%
Europe11.43%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UFO invests in stocks. The fund's major sectors are Electronic Technology, with 51.98% stocks, and Communications, with 18.97% of the basket. The assets are mostly located in the North America region.
UFO top holdings are Rocket Lab Corporation and Intuitive Machines, Inc. Class A, occupying 6.64% and 6.56% of the portfolio correspondingly.
UFO last dividends amounted to 0.01 USD. The quarter before, the issuer paid 0.24 USD in dividends, which shows a 1.86 K% decrease.
UFO assets under management is 58.05 M USD. It's risen 21.44% over the last month.
UFO fund flows account for 11.91 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, UFO pays dividends to its holders with the dividend yield of 1.94%. The last dividend (Mar 28, 2025) amounted to 0.01 USD. The dividends are paid quarterly.
UFO shares are issued by ProcureAM LLC under the brand Procure. The ETF was launched on Apr 11, 2019, and its management style is Passive.
UFO expense ratio is 0.94% meaning you'd have to pay 0.94% of your investment to help manage the fund.
UFO follows the S-Network Space Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UFO invests in stocks.
UFO price has risen by 10.11% over the last month, and its yearly performance shows a 52.63% increase. See more dynamics on UFO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.33% over the last month, showed a 3.32% increase in three-month performance and has increased by 52.39% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.33% over the last month, showed a 3.32% increase in three-month performance and has increased by 52.39% in a year.
UFO trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.