UFO ETF — Procure Space ETF

Procure Space ETF (UFO)

UFO is an ETF that tracks the S-Network Space Index. As of September 3, 2026, its distribution rate is 0.53%, its trailing-12-month yield is 0.34%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 1/100 (High risk). Total return is 92.2% over the past 7.4 years, 106.4 points behind SPY at 198.6%.

At the current 0.53% distribution rate, a $10,000 investment would generate approximately $53 per year, or $4.42 per month on an equivalent basis. Actual quarterly payments vary.

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

Data as of September 3, 2026.

Total return is 92.2% over the past 7.4 years, 106.4 points behind SPY at 198.6%. Its deepest 1-year drawdown was 36.9%.

UFO key facts

Data as of September 3, 2026.

Distribution Safety Score™

1 · High risk

Safety-Adjusted Yield

0.01%

Issuer

Procure

Asset type

ETF

Asset class

Equity

Inception date

04/10/2019

Expense ratio

0.75%

Distribution rate

0.53%

Distribution frequency

Quarterly

Trailing yield

0.34%

Last close

$43.53

NAV

$43.19

Premium / discount

0.79% premium

AUM

$561,404,295

Average volume

186381.0

Last dividend

$0.058

Last ex-dividend date

06/29/2026

Last payment date

06/30/2026

Beta

1.92

P/E ratio

25.1598

How Dividend Vision calculates yield and returns

Distribution rate (0.53%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (0.34%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. 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. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

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 36.9%.

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.

Compare UFO

UFO vs similar funds:

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

Frequently asked questions

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