UFO ETF Analysis: Procure Space | NASDAQ
Miscellaneous Sector | NASDAQ, USA | Market Cap: 619m USD | 12M Return: 45.9% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 29.8M
Warnings
Tailwinds
No distinct edge detected
Seasonality 7.2 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
The Procure Space ETF (UFO) is a passively managed fund that tracks an underlying index of global companies deriving at least 50% of their revenues or profits from space-related businesses. To meet its investment objective, the fund commits a minimum of 80% of net assets to these index constituents, with a focus on firms utilizing satellite technology. The fund operates as a non-diversified product, meaning it may concentrate holdings in fewer issuers than typical diversified funds. Listed on NASDAQ since April 2019, UFO provides targeted exposure to the commercial space sector, which spans satellite communications, earth observation, launch services, and space-based data applications serving both government and commercial customers worldwide.
- Commercial satellite launches accelerate boosting space industry revenue
- Defense and intelligence spending on space assets expands
- Rising competition from SpaceX pressures smaller satellite operators
As of July 28, 2026, the stock is trading at USD 43.89 with a total of 317,327 shares traded. Over the past week, the price has changed by +1.97%, over one month by -10.77%, over three months by -13.22% and over the past year by +45.85%.
Current recommended Stop Loss: 41.90 (which is 4.5% or 1.2 ATR below the current price).
Procure Space has no consensus analysts rating.