UFO - ETF AI Analysis

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Procure Space ETF (UFO)

Rating:58Neutral

Price Target:―

The Procure Space ETF (UFO) has a moderate overall rating, reflecting a mix of strengths and challenges among its holdings. Strong contributors like Garmin and Trimble stand out due to their solid financial performance, strategic growth initiatives, and positive earnings calls, which bolster the fund's rating. However, weaker holdings such as Echostar and Rocket Lab USA, with profitability challenges and bearish technical indicators, weigh on the overall score. A key risk factor for this ETF is its concentration in companies facing significant financial and operational hurdles, which could impact long-term stability.

Positive Factors

Strong Year-to-Date Performance

The ETF has shown solid gains year-to-date, indicating strong overall momentum.

Sector Diversification

The fund is spread across three major sectors—industrials, technology, and communication services—helping to balance risks.

Global Exposure

While primarily focused on the U.S., the ETF includes holdings from several other countries, adding some international diversification.

Negative Factors

High Expense Ratio

The ETF charges a relatively high fee compared to many other funds, which could eat into returns over time.

Concentration in Top Holdings

The largest positions, such as AST SpaceMobile, make up a significant portion of the portfolio, increasing single-stock risk.

Mixed Holding Performance

Some top holdings, like MDA Space Ltd and Garmin, have shown weaker year-to-date performance, potentially dragging on overall returns.

UFO vs. SPDR S&P 500 ETF (SPY)

AUM115.03M

RegionGlobal

Expense Ratio0.94%

Beta1.18

IssuerProcure

Inception DateApr 11, 2019

Dividend Yield1.41%

Asset ClassEquity

Index TrackedS-Network Space Index

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume91,988

30 Day Avg. Volume138,270

Financial Highlights & Ratios

PEG RatioN/A

Price to Book (P/B)N/A

Price to Sales (P/S)N/A

P/FCF RatioN/A

Enterprise Value/Market CapN/A

Enterprise Value/RevenueN/A

Enterprise Value/Gross ProfitN/A

Enterprise Value/EbitdaN/A

Forecast

1Y Price Target

43.65

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering44

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

UFO Summary

The Procure Space ETF (UFO) is a fund that lets investors tap into the exciting and growing space industry. It follows the S-Network Space Index and includes companies involved in satellite technology, space exploration, and advanced space-based innovations. Some of its well-known holdings include Rocket Lab USA and Garmin. This ETF could be a good choice for investors looking to diversify their portfolio with a focus on cutting-edge technology and the future of space exploration. However, new investors should be aware that the ETF’s performance can be heavily influenced by the space sector, which is still developing and can be volatile.

How much will it cost me?The Procure Space ETF (UFO) has an expense ratio of 0.94%, meaning you’ll pay $9.40 per year for every $1,000 invested. This is higher than average because UFO is actively managed to focus on a niche theme—space exploration and technology—requiring specialized research and portfolio management.

What would affect this ETF?The Procure Space ETF (UFO) could benefit from increased global investment in satellite technology and space exploration, driven by advancements in communication services and industrial innovation. However, potential risks include regulatory changes, geopolitical tensions affecting global cooperation in space, and economic slowdowns that might reduce funding for space-related projects.

UFO Top 10 Holdings

The Procure Space ETF (UFO) is firmly rooted in the space sector, with a strong focus on industrials and technology companies driving innovation in satellite and spacecraft development. Stocks like Globalstar and Planet Labs are rising stars, benefiting from strategic advancements and revenue growth, while Rocket Lab and AST SpaceMobile are lagging due to financial and operational challenges. Sirius XM and Garmin are also holding the fund back with bearish momentum and weak market sentiment. Overall, the ETF’s global exposure and thematic concentration on space make it a bold bet on the future of exploration and connectivity.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
ASTS	AST SpaceMobile	8.66%	$10.04M	$27.16B	191.94%	54 Neutral
GSAT	Globalstar	6.75%	$7.82M	$8.69B	106.58%	58 Neutral
PL	Planet Labs PBC	5.76%	$6.68M	$3.93B	206.97%	61 Neutral
VSAT	ViaSat	5.04%	$5.84M	$4.73B	297.27%	56 Neutral
RKLB	Rocket Lab USA	4.66%	$5.41M	$26.20B	98.76%	51 Neutral
TRMB	Trimble	4.54%	$5.27M	$19.87B	11.57%	75 Outperform
SATS	Echostar	4.42%	$5.13M	$23.61B	241.67%	54 Neutral
SESG	SES S.A.	4.21%	$4.88M	€2.28B	68.80%	57 Neutral
SIRI	Sirius XM Holdings	4.15%	$4.81M	$7.41B	-22.18%	66 Neutral
GRMN	Garmin	3.84%	$4.45M	$39.16B	-6.86%	74 Outperform

UFO Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

36.05

Negative

100DMA

34.10

Positive

200DMA

29.17

Positive

Market Momentum

MACD

-0.40

Negative

RSI

58.91

Neutral

STOCH

97.02

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For UFO, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 33.40, equal to the 50-day MA of 36.05, and equal to the 200-day MA of 29.17, indicating a neutral trend. The MACD of -0.40 indicates Negative momentum. The RSI at 58.91 is Neutral, neither overbought nor oversold. The STOCH value of 97.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for UFO.

UFO Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
UFO	―	―	$115.03M	0.94%	―
CRBN	―	―	$998.57M	0.20%	―
IVES	―	―	$978.58M	0.75%	―
TAN	―	―	$961.48M	0.71%	―
IHAK	―	―	$871.09M	0.47%	―
NUKZ	―	―	$760.83M	0.85%	―

Performance Comparison

UFO

Procure Space ETF

35.74

12.66

54.85%

CRBN

iShares MSCI ACWI Low Carbon Target ETF

―

IVES

Dan IVES Wedbush AI Revolution ETF

―

TAN

Invesco Solar ETF

―

IHAK

iShares Cybersecurity & Tech ETF

―

NUKZ

Range Nuclear Renaissance Index ETF

―

Glossary

BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―

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