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UFO vs ITA

Procure Space ETF vs iShares U.S. Aerospace & Defense ETF

UFO

Procure Space ETF

Procure ETF Trust II

Annual cost

0.75%

Fund size

$749M

ITA

iShares U.S. Aerospace & Defense ETF

iShares

Annual cost

0.38%

Fund size

$13.6B

Key differences

  • ITA costs 0.37% less per year.
  • ITA is significantly larger than UFO — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, UFO has delivered higher annualized returns.
  • ITA has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

UFOITA
Annual cost (TER)0.75%0.38%
Fund size (AUM)$749M$13.6B
Since20192006
Dividend yield0.32%0.49%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+176.7%+35.5%
CAGR 3Y+54.1%+28.0%
CAGR 5Y+20.6%+18.2%
Sharpe 3Y1.401.20
Volatility 1Y36.94%20.67%
Max drawdown-50.33%-51.00%

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

Similar to UFO and ITA