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UFO - ETF AI Analysis
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Procure Space ETF (UFO)
Rating:60Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown strong gains over the year to date and in recent months, indicating positive momentum in its space-focused holdings.
Leading Holdings Performing Well
Most of the top positions, including several key satellite and space technology companies, have delivered strong or steady returns, supporting the fund’s overall results.
Global but U.S.-Anchored Exposure
While the ETF is mainly invested in U.S. companies, it also includes meaningful exposure to Canada, Europe, and Japan, adding some international diversification.
Negative Factors
High Expense Ratio
The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.
Sector Concentration in Industrials and Communications
More than half of the portfolio is in industrials and a large portion in communication services, making the ETF sensitive to downturns in these specific areas.
Concentrated Top Holdings
A small group of space-related stocks make up a significant share of the portfolio, increasing the impact that any one company’s weakness or volatility can have on the fund.
UFO vs. SPDR S&P 500 ETF (SPY)
AUM356.88M
RegionGlobal
Expense Ratio0.94%
Beta1.18
IssuerProcure
Inception DateApr 11, 2019
Dividend Yield0.41%
Asset ClassEquity
Index TrackedS-Network Space Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume623,257
30 Day Avg. Volume405,908
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
51.52Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering48
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
UFO Summary
The Procure Space ETF (UFO) is a fund that follows the S-Network Space Index and focuses on companies tied to the space industry. It holds businesses involved in satellites, rockets, and space-based technology, mainly in the U.S. Examples include Garmin and Sirius XM, which use space technology for navigation and communications. Someone might invest in UFO to bet on long-term growth in the space sector and to get a basket of space-related stocks in one investment. A key risk is that it’s a niche, space-focused fund, so its price can swing a lot and may fall if the space industry struggles.
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
UFO is a pure play on the space race, with performance driven largely by fast-moving satellite and launch names. Planet Labs and AST SpaceMobile have been rising, helping to pull the fund higher as investors bet on their growth stories, while Rocket Lab and Firefly Aerospace add more fuel but also more volatility given their profitability challenges. Traditional satellite operators like SES and ViaSat are steadier workhorses, offsetting some of the turbulence. Garmin and Sirius XM, more down-to-earth holdings, have been lagging a bit, slightly braking this otherwise space-focused, globally diversified portfolio.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Planet Labs PBC | 5.30% | $18.92M | $7.47B | 269.97% | 57 Neutral | |
| ViaSat | 5.30% | $18.91M | $6.64B | 432.72% | 56 Neutral | |
| MDA Space Ltd | 4.99% | $17.81M | C$4.41B | 43.86% | 70 Outperform | |
| SES S.A. | 4.91% | $17.52M | €2.71B | 68.63% | 57 Neutral | |
| Echostar | 4.60% | $16.42M | $32.57B | 286.70% | 57 Neutral | |
| Rocket Lab USA | 4.52% | $16.12M | $36.02B | 140.68% | 57 Neutral | |
| Sirius XM Holdings | 4.27% | $15.25M | $7.13B | -21.47% | 64 Neutral | |
| AST SpaceMobile | 4.22% | $15.05M | $30.31B | 157.04% | 54 Neutral | |
| Garmin | 4.19% | $14.96M | $41.30B | 1.00% | 74 Outperform | |
| SKY Perfect JSAT Holdings | 4.00% | $14.29M | ¥796.24B | 112.33% | 73 Outperform |
UFO Technical Analysis
Neutral
―
Price Trends
41.86
Positive
38.92
Positive
33.83
Positive
Market Momentum
0.29
Positive
49.00
Neutral
29.82
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For UFO, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 45.29, equal to the 50-day MA of 41.86, and equal to the 200-day MA of 33.83, indicating a neutral trend. The MACD of 0.29 indicates Positive momentum. The RSI at 49.00 is Neutral, neither overbought nor oversold. The STOCH value of 29.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for UFO.
UFO Peer Comparison
Comparison Results
Performance Comparison
UFO
Procure Space ETF
43.54
17.91
69.88%
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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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