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FSPCFirst Trust Bloomberg Space Economy ETF

Grow my moneyNewRanked #2,825 of 3,016 in this goal

Seeks investment results that correspond generally to the price and yield of the Bloomberg Space Economy Index.

By First Trust · Launched 2026

Annual Cost

0.65%

#3,480 of 5,942 · average

Fund Size

$2M

#5,538 of 5,942 · small

Return (1Y)Goal

N/A

Track Record

1 month

#5,847 of 5,942 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,049+0.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Equity

Region

Global

Strategy

Index tracking

Focus

Space Economy

Index tracked

Bloomberg Space Economy Index

What it actually holds

By weight

Concentration

Top 10 holdings = 44.2% of fundmoderately concentrated

ThalesHO.PA
5.2%
Mitsubishi Heavy Industries Ltd7011.T
5.1%
Northrop Grumman CorpNOC
4.9%
Safran SASAF.PA
4.9%
Viasat IncVSAT
4.7%
L3Harris Technologies IncLHX
4.5%
EchoStar Corp Class AECHO
4.3%
Rheinmetall AGRHM.DE
3.6%
Lockheed Martin CorpLMT
3.5%
Honeywell International IncHON
3.5%

Asset allocation

Stocks
98.5%
Cash
1.5%

By sector

Industrials
75.8%
Technology
16.4%
Communication
7.8%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-8.6%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks investment results that correspond generally to the price and yield of the Bloomberg Space Economy Index.
Strategy
Invests at least 80% of net assets in the securities that comprise the Bloomberg Space Economy Index using a full replication strategy. The Fund aims to replicate the total return performance of the Index, including dividends paid by the securities.
Inception date
July 8, 2026
Fund family
First Trust

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Thematic
Warning

These usually launch after the gains are gone

A theme gets packaged into a fund after it has already run. Over the past 15 years, fewer than one in 10 thematic funds beat a broad global index, and more than three-quarters closed down entirely. The pitch always sounds good. The returns rarely follow.

Sources: Morningstar, 'Global Thematic Funds Landscape' (2022)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-25