Key stats
About Procure Space ETF
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Inception date
Apr 11, 2019
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
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
Stocks99.79%
Electronic Technology47.58%
Communications22.55%
Technology Services15.76%
Consumer Services11.48%
Commercial Services2.42%
Bonds, Cash & Other0.21%
Mutual fund0.20%
Cash0.01%
Stock breakdown by region
North America81.91%
Asia10.44%
Europe7.65%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history