Morningstar

Procure Space ETF UFO

Morningstar Medalist Rating
Medalist Rating as of | See Procure Investment Hub

Morningstar’s Analysis UFO

Will UFO outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable UFO’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the UFO management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of UFO’s parent organization’s priorities and whether they’re in line with investors’ interests.

Procure Space ETF's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings UFO

More UFO Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Rocket Lab USA Inc

6.08 2.1 Mil
Industrials

Iridium Communications Inc

5.34 1.9 Mil
Communication Services

MDA Space Ltd

5.06 1.8 Mil
Industrials

SKY Perfect JSAT Holdings Inc

4.98 1.7 Mil
Communication Services

Trimble Inc

4.94 1.7 Mil
Technology

EchoStar Corp Class A

4.89 1.7 Mil
Technology

Globalstar Inc

4.52 1.6 Mil
Communication Services

SES SA DR

4.33 1.5 Mil
Communication Services

Garmin Ltd

4.27 1.5 Mil
Technology

AST SpaceMobile Inc Ordinary Shares - Class A

4.07 1.4 Mil
Technology

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