The S&P 500 is down roughly 3% year-to-date while the Procure Space ETF (NYSEARCA:UFO) is up nearly 28% over the same stretch.
- TheS&P 500is down roughly 3% year-to-date while theProcure Space ETF(NYSEARCA:UFO) is up nearly 28% over the same stretch
- That gap tells you exactly what UFO is: a high-octane sector bet on the commercialization of space, not a portfolio stabilizer
- UFO tracks the S-Network Space Index (SPACE), a benchmark capturing companies that derive meaningful revenue from space-related activities
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