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UFO vs SPYM

Procure Space ETF vs State Street SPDR Portfolio S&P 500 ETF

UFO

Procure Space ETF

Procure ETF Trust II

Annual cost

0.75%

Fund size

$749M

SPYM

State Street SPDR Portfolio S&P 500 ETF

State Street Investment Management

Annual cost

0.02%

Fund size

$137.6B

Key differences

  • SPYM costs 0.73% less per year.
  • SPYM 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.
  • SPYM has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

UFOSPYM
Annual cost (TER)0.75%0.02%
Fund size (AUM)$749M$137.6B
Since20192005
Dividend yield0.32%1.05%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+176.7%+31.2%
CAGR 3Y+54.1%+23.1%
CAGR 5Y+20.6%+14.4%
Sharpe 3Y1.401.25
Volatility 1Y36.94%11.95%
Max drawdown-50.33%-33.87%

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

Similar to UFO and SPYM