UFO ETF — Procure Space ETF

Procure Space ETF (UFO)

Updated October 16, 2026.

UFO is an ETF that tracks the S-Network Space Index. its distribution rate is 0.04%, its trailing-12-month yield is 0.39%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 41/100 (Caution). Total return is 73.4% over the past 7.5 years, 122.1 points behind SPY at 195.5%.

Procure Space ETF tracks the S-Network Space Index, providing exposure to publicly traded companies that derive at least 50% of their revenues from space-related businesses, including those utilizing satellite technology. The fund carries a modest distribution rate paid quarterly and has an expense ratio of 0.75%. It appeals to investors seeking targeted equity exposure to the space industry, though its non-diversified structure concentrates risk within the sector.

UFO performance versus SPY

Price and return data through 2026-10-16.

Total return is 73.4% over the past 7.5 years, 122.1 points behind SPY at 195.5%. Over the past year its total return — price change plus distributions reinvested — is 1.5%. Its deepest 1-year drawdown was 42.0%.

UFO key facts

Distribution Safety Score™

41 · Caution

Safety-Adjusted Yield

0.02%

Issuer

Procure

Asset type

ETF

Asset class

Equity

Inception date

04/10/2019

Expense ratio

0.75%

Distribution rate

0.04%

Distribution frequency

Quarterly

Trailing yield

0.39%

Last close

$39.28 (stale; as of 2026-10-16)

AUM

$466,415,160

Average volume

498800.0

Dividend

$0.004

Ex-dividend date

09/29/2026

Payment date

09/30/2026

Beta

1.88

How Dividend Vision calculates yield and returns

Distribution rate (0.04%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (0.39%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Procure; Index: S-Network Space Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

UFO risks and drawbacks

UFO's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 42.0%.

Who may consider UFO — and who may not

It is a weaker fit for investors who need monthly cash flow (UFO pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on UFO

• All tickers starting with U

Tagged: Basket, Index, Space.

Compare UFO

UFO vs similar funds:

• UFO vs ARKX
• UFO vs ROKT
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• UFO vs ARKX vs GALX vs ROKT

Frequently asked questions

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