WARP - ETF AI Analysis
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VanEck Space ETF (WARP)
Rating:57Neutral
Price Target:―
Positive Factors
Strong Year-to-Date Performance
The ETF has delivered solid gains so far this year, showing positive momentum in its space-focused strategy.
High-Growth Top Holdings
Several of the largest positions, including Rocket Lab, ViaSat, Iridium, and others, have shown strong year-to-date performance, helping drive the fund’s returns.
Global Exposure Within a U.S. Core
While most assets are in U.S. companies, the fund also holds meaningful positions in Japan, Canada, France, and Italy, adding some international diversification.
Negative Factors
High Concentration in Top Holdings
The top 10 positions make up a large share of the portfolio, which increases the impact that any single company’s performance can have on the ETF.
Specialized Sector Risk
Heavy exposure to industrials, communication services, and space-related technology means the fund is sensitive to downturns in this niche area rather than being broadly diversified across the market.
Moderately High Expense Ratio
The fund’s expense ratio is on the higher side for an ETF, which means more of the returns are used to cover fees instead of going to investors.
WARP vs. SPDR S&P 500 ETF (SPY)
AUM49.57M
RegionGlobal
Expense Ratio0.50%
Beta7.19
IssuerVanEck
Inception DateMay 06, 2026
Dividend YieldN/A
Asset ClassEquity
Index TrackedMarketVector Space Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume207,194
30 Day Avg. Volume185,837
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
32.91Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering20
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
WARP Summary
VanEck Space ETF (WARP) is a fund that follows the MarketVector Space Index, focusing on companies involved in the growing space economy. It holds businesses that make satellites and rockets, provide launch services, build space infrastructure, and offer satellite communications and data services. Well-known names include Rocket Lab USA and Iridium Communications. An investor might consider WARP for long-term growth potential and to add a unique space theme to a broader portfolio. However, this is a niche, sector-focused ETF, so its price can be more volatile and can go up and down more sharply than the overall market.
How much will it cost me?This ETF has an expense ratio of 0.50%, which means you’ll pay about $5 per year for every $1,000 you invest. That’s higher than the average ETF because it’s a specialized, actively managed thematic fund focused on the space industry, which typically costs more to run than broad, passive index funds.
What would affect this ETF?WARP could benefit if global demand for satellite internet, Earth imaging, and space-based data keeps growing, launch costs continue to fall, and governments and companies boost spending on space projects, which would support its industrial, communications, and tech holdings like Rocket Lab and Iridium. On the other hand, higher interest rates, tighter funding for young space companies, launch failures or project delays, and new regulations or geopolitical tensions affecting the space and defense industries could hurt the ETF’s performance and make it more volatile than the broad market.
WARP Top 10 Holdings
WARP is a tightly focused bet on the global space economy, with performance driven by a handful of satellite and launch names. Iridium and Canada’s MDA Space are the current bright spots, steadily climbing on solid fundamentals and a growing project pipeline. ViaSat and Globalstar are also helping, though their heavy debt loads keep enthusiasm in check. On the flip side, Rocket Lab, Planet Labs, and Intuitive Machines have been losing altitude lately, reminding investors that this industrial- and communications-heavy, globally diversified theme still comes with plenty of turbulence.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Rocket Lab USA | 9.53% | $4.72M | $63.24B | 296.02% | 57 Neutral | |
| ViaSat | 7.71% | $3.82M | $9.00B | 374.54% | 56 Neutral | |
| Planet Labs PBC | 7.54% | $3.74M | $10.90B | 453.14% | 57 Neutral | |
| Echostar | 6.60% | $3.27M | $34.16B | 396.18% | 57 Neutral | |
| Iridium Communications | 6.33% | $3.14M | $4.80B | 51.95% | 71 Outperform | |
| AST SpaceMobile | 6.24% | $3.09M | $33.99B | 105.11% | 54 Neutral | |
| MDA Space Ltd | 5.81% | $2.88M | C$7.41B | 75.47% | 70 Outperform | |
| Firefly Aerospace, Inc. | 5.72% | $2.83M | $5.48B | ― | 49 Neutral | |
| Globalstar | 5.01% | $2.49M | $10.53B | 241.83% | 58 Neutral | |
| Intuitive Machines | 4.93% | $2.44M | $5.59B | 128.35% | 52 Neutral |
WARP Technical Analysis
Negative
―
Price Trends
Market Momentum
-1.74
Positive
42.53
Neutral
9.38
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For WARP, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 31.58, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of -1.74 indicates Positive momentum. The RSI at 42.53 is Neutral, neither overbought nor oversold. The STOCH value of 9.38 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for WARP.
WARP Peer Comparison
Comparison Results
Performance Comparison
WARP
VanEck Space ETF
25.98
-1.89
-6.78%
CSNR
Cohen & Steers Natural Resources Active ETF
―
―
―
IBLC
iShares Blockchain and Tech ETF
―
―
―
MARS
Roundhill Space & Technology ETF
―
―
―
ORBX
Global X Space Tech ETF
―
―
―
DIPR
Corgi Space & Satellite Communications 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.
DisclaimerThis 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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