UFO vs. SPCX ETF Comparison
Comparison of Procure Space ETF (UFO) to SPAC and New Issue ETF (SPCX)
UFO
Procure Space ETF
UFO Description
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index". The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.
Grade (RS Rating)
Last Trade
$19.23
Average Daily Volume
8,535
21
SPCX
SPAC and New Issue ETF
SPCX Description
The investment seeks to provide total return. In pursuing the fund's investment objective, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Corporations (SPACs) that have a minimum capitalization of $100 million and companies that completed an initial public offering (IPO) within the last two years. It may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.Grade (RS Rating)
Last Trade
$23.53
Average Daily Volume
1,128
11
Performance
| Period | UFO | SPCX |
|---|---|---|
| 30 Days | 0.45% | -0.47% |
| 60 Days | 14.11% | 0.56% |
| 90 Days | 22.33% | 0.26% |
| 12 Months | 11.27% | -0.42% |
0 Overlapping Holdings
| Symbol | Grade | Weight in UFO | Weight in SPCX | Overlap |
|---|
UFO Overweight 21 Positions Relative to SPCX
UFO: Top Represented Industries & Keywords
SPCX: Top Represented Industries & Keywords
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