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UFO vs IDEF

Procure Space ETF vs iShares Defense Industrials Act

UFO

Procure Space ETF

Procure ETF Trust II

Annual cost

0.75%

Fund size

$749M

IDEF

iShares Defense Industrials Act

BlackRock

Annual cost

0.55%

Fund size

$3.5B

Key differences

  • IDEF costs 0.20% less per year.
  • IDEF is significantly larger than UFO — larger funds tend to be more liquid and less likely to close.
  • UFO covers north america markets; IDEF covers global.
  • UFO has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

UFOIDEF
Annual cost (TER)0.75%0.55%
Fund size (AUM)$749M$3.5B
Since20192025
Dividend yield0.32%
Asset classequityequity
Regionnorth americaglobal
Strategyindex trackingindex tracking
CAGR 1Y+176.7%+32.7%
CAGR 3Y+54.1%N/A
CAGR 5Y+20.6%N/A
Sharpe 3Y1.40N/A
Volatility 1Y36.94%20.81%
Max drawdown-50.33%-14.63%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to UFO and IDEF