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UFO vs IWB

Procure Space ETF vs iShares Russell 1000 ETF

UFO

Procure Space ETF

Annual cost

0.75%

Fund size

$749M

IWB

iShares Russell 1000 ETF

Annual cost

0.15%

Fund size

$46.2B

Key differences

  • IWB costs 0.60% less per year.
  • IWB 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.
  • IWB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

UFOIWB
Annual cost (TER)0.75%0.15%
Fund size (AUM)$749M$46.2B
Since20192000
Dividend yield0.32%0.96%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+176.7%+29.9%
CAGR 3Y+54.1%+22.7%
CAGR 5Y+20.6%+13.5%
Sharpe 3Y1.401.21
Volatility 1Y36.94%12.07%
Max drawdown-50.33%-34.60%

Similar to UFO and IWB