ETF Battles: Want to Invest in Space Travel and Exploration? Try these 3 ETFs
It s the ARK Space Exploration ETF (ARKX) vs. the SPDR Kensho Final Frontiers ETF (ROKT) vs. the Procure Space ETF (UFO).
Author:
May 20, 2021
It s the ARK Space Exploration ETF (ARKX) vs. the SPDR Kensho Final Frontiers ETF (ROKT) vs. the Procure Space ETF (UFO).
Note: I m excited to be partnering with
ETF Guide to bring you their weekly web series, ETF Battles .
ETF Guide founder, Ron DeLegge, explains that in a typical battle , each fund is judged against the other in key categories like cost, exposure strategy, performance and a mystery category.
SpaceX and Blue Origin are going to the moon (or therabouts) but space investors need patience
It has been a week of big developments in the space industry but while thematic investing is more focused than wider-market tracker funds it does not bring the same volatility that some investors crave To the moon, slowly and steadily
Events this week in the ever-growing space industry are providing a salutary lesson in the patience and equanimity needed when investing in themes or sectors – and investing in general too.
Although there has been a spate of exciting news for various space-focused companies, including Elon Musk’s SpaceX and Jeff Bezos s Blue Origin this week, the exchange-traded funds (ETFs) following the sector have not necessarily seen the spike that individual shares might provide.
Introducing Sector Classifications for the Space Industry April 15, 2021
By Micah Walter-Range, Founder, Space Investment Services LLC; Stacey Morris, CFA, Director of Research, Alerian and S-Network Global Indexes
The burgeoning global space economy has a wide range of participants across sectors and geographies. These companies are focused on various space-related activities from manufacturing or operating satellites to producing the equipment used on Earth to leverage systems in space. Given the diversity of activities and participants, a classification system tailored to the space industry can be a helpful resource for investors, allowing them to quickly assess the role a company plays in the space industry. This piece introduces the four sector classifications for constituents of the S-Network Space Index (SPACE), which serves as the benchmark index for the global space industry (read more). SPACE is also the underlying index for the Procure Space ETF (UFO), which is celeb
Interest in space-related investments takes off with new ETFs Gillian Livingston Published April 13, 2021
A model of the Orion capsule, which will be tasked with the mission of delivering NASA astronauts to the Moon in 2024 and to Mars at a future date. Orion is manufactured by Lockheed Martin, which is included in several space-focused ETFs. (Photo by Jason Connolly / AFP) JASON CONNOLLY/AFP/Getty Images
JASON CONNOLLY/AFP/Getty Images
Space may be “the final frontier,” but it’s becoming easier for financial advisors and their clients to invest in humankind’s desire to explore beyond Earth’s atmosphere.
Three new exchange-traded funds (ETFs) focused on investing in space-oriented equities have launched in the past few weeks. The first was ARK Space Exploration & Innovation ETF ARKX-A from New York-based ARK Investment Management LLC, led by Catherine Wood. It started trading on March 30 and already has US$351-million in assets under management (AUM). Its managemen