Procure ETF Trust II Procure Space ETF (UFO US)
UFO US$41.25
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 41.25
- Change
- ▲ 0.12 (0.29)
- Bid / Ask
- 37.01 - 41.41
- Volume
- 34,934
- Turnover
- 1,190,946
- Open
- 41.12
- Day Range
- 40.55 - 41.30
- VWAP
- 41.02
- Prev Close
- 41.13
- Last Trade
- 28/10 3:59pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$471.4M
OCT 2026
Distributions
Quarterly
Since inception
7.6 yrs
APR 2019
- Legal name
- Procure Space ETF
- Issuer
- Procure ETF Trust II
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Index fund
- Morningstar category
- Miscellaneous Sector
- Category index
- Morningstar US Market TR USD
- Benchmark
- S&P 500 (TR) (1970)
- ETF net assets
- $471.4M
- Units on issue
- 11.8M
- Management fee
- 0.75% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 10 APR 2019
- Listed
- 9 DEC 2019
- Index provider
- Standard and Poors
Objective and strategy
The investment seeks investment results that correspond generally to the performance, before the fund's fees and expenses, of an equity index called the "S-Network Space Index". The fund invests, under normal circumstances, at least 80% of its net assets in companies of the underlying index that receive at least 50% of their revenues or profits from space-related businesses. The underlying index is designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business, such as those utilizing satellite technology. The fund is non-diversified.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 78.49%Non-US equity 21.26%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 99.75 | 99.75 | 0.00 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 0.26 | 0.26 | 0.00 |
| Other | -0.01 | 0.00 | 0.01 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 0.00%Sensitive 100.00%Defensive 0.00%
- Basic Materials
- 0.00%
- Consumer Cyclical
- 0.00%
- Financial Services
- 0.00%
- Real Estate
- 0.00%
- Communication Services
- 21.64%
- Energy
- 0.00%
- Industrials
- 56.28%
- Technology
- 22.08%
- Consumer Defensive
- 0.00%
- Healthcare
- 0.00%
- Utilities
- 0.00%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.93%Emerging markets 0.07%
- North America
- 82.24%
- Latin America
- 0.00%
- United Kingdom
- 0.45%
- Europe Developed
- 13.10%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 2.92%
- Australasia
- 0.00%
- Asia Developed
- 1.23%
- Asia Emerging
- 0.07%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 78.69%
- Switzerland
- 5.64%
- Canada
- 3.55%
- Japan
- 2.92%
- Netherlands
- 2.69%
- France
- 1.53%
- Other Countries
- 1.38%
- Italy
- 1.34%
- Singapore
- 0.66%
- South Korea
- 0.57%
- United Kingdom
- 0.44%
- Sweden
- 0.32%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Mid Growth
- Average moat
- Narrow
Size score
161
Small
Mid
Large
Value-growth score
206
Value
Blend
Growth
Economic moat
Wide 31%Narrow 50%None 19%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 19.28%
- Large
- 14.79%
- Mid
- 26.73%
- Small
- 28.67%
- Micro
- 10.52%
Giant 19%Large 15%Mid 27%Small 29%Micro 11%
- Average market cap
- $33.45B
- Number of holdings
- 65
- Shares held
- 64
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / book
- 2.92
- Price / sales
- 3.02
- Price / cash flow
- 11.98
- Dividend yield
- 0.87%
- Assets in top 10
- 55.39%
- Return on equity
- -0.47%
- Net margin
- -9.34%
Top holdings · top 10 = 55.80% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| Space Exploration Technologies Corp Class A | 15.40 | JUN 2026 | 82.3M | USD | 545,774 | Industrials | United States | |
| Rocket Lab Corp RKLB | 5.44 | FEB 2026 | 29.1M | USD | 417,678 | Industrials | United States | |
| Garmin Ltd GRMN | 5.10 | FEB 2026 | 27.3M | USD | 95,076 | Technology | Switzerland | |
| Trimble Inc TRMB | 4.86 | FEB 2026 | 26.0M | USD | 455,301 | Technology | United States | |
| AST SpaceMobile Inc Ordinary Shares - Class A ASTS | 4.76 | FEB 2026 | 25.4M | USD | 431,970 | Technology | United States | |
| EchoStar Corp Class A ECHO | 4.71 | FEB 2026 | 25.2M | USD | 281,756 | Communication Services | United States | |
| Viasat Inc VSAT | 4.59 | FEB 2026 | 24.6M | USD | 348,872 | Technology | United States | |
| Sirius XM Holdings Inc SIRI | 4.34 | FEB 2026 | 23.2M | USD | 896,255 | Communication Services | United States | |
| Planet Labs PBC Class A PL | 3.37 | FEB 2026 | 18.0M | USD | 1.1M | Industrials | United States | |
| Iridium Communications Inc IRDM | 3.23 | FEB 2026 | 17.3M | USD | 360,623 | Communication Services | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
-2.9
3M
-16.6
6M
-5.0
YTD
9.9
1Y
19.3
3Y
37.6
5Y
8.7
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | -2.86 | -2.98 | -2.80 | — |
| 3 months | -16.58 | -16.48 | -16.42 | — |
| 6 months | -5.01 | -5.45 | -4.66 | — |
| Year to date | 9.92 | 9.62 | 10.53 | — |
| 1 year | 19.26 | 19.04 | 20.15 | — |
| 3 years p.a. | 37.57 | 37.58 | 38.60 | — |
| 5 years p.a. | 8.66 | 8.62 | 9.48 | — |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2020
-2.1
2021
7.6
2022
-25.9
2023
-2.5
2024
26.5
2025
67.9
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 67.94 | 67.17 | — |
| 2024 | 26.50 | 24.02 | 10 |
| 2023 | -2.45 | -4.29 | 98 |
| 2022 | -25.94 | -28.25 | 79 |
| 2021 | 7.57 | 6.50 | 82 |
| 2020 | -2.08 | -3.13 | 91 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 0.99 | 4.63 | -1.97 | — |
| Beta | 1.92 | 1.88 | 1.48 | — |
| R-squared | 29.48 | 34.96 | 40.58 | — |
| Standard deviation | 50.21 | 38.12 | 34.41 | — |
| Sharpe ratio | 0.51 | 0.91 | 0.29 | — |
| Sortino ratio | 0.87 | 1.70 | 0.48 | — |
| Tracking error | 44.16 | 32.51 | 27.40 | — |
| Information ratio | 0.06 | 0.49 | -0.11 | — |
| Upside capture % | 236.26 | 204.12 | 147.48 | — |
| Downside capture % | 409.91 | 284.68 | 190.42 | — |
| Maximum drawdown % | -22.13 | -22.23 | -47.18 | — |
Measured against MSCI ACWI NR USD with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
112.0
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Market impact cost %
- 0.011
- Best quarter
- 46.63% · MAY 2026
- Worst quarter
- -34.90% · MAR 2020
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.75% p.a.
- PDS dated
- 28 FEB 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.0041
- Ex Date
- 29 SEP 2026
- Record Date
- 29 SEP 2026
- Pay Date
- 30 SEP 2026
- NAV at ex date
- 42.44
- Paid this year
- 0.0622
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.2
2023
0.5
2022
0.4
2021
0.6
2020
0.3
2019
0.3
2018
0.1
| Year | Per unit ($) |
|---|---|
| 2024 | 0.1772 |
| 2023 | 0.4603 |
| 2022 | 0.3552 |
| 2021 | 0.6227 |
| 2020 | 0.2712 |
| 2019 | 0.2728 |
| 2018 | 0.1174 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 29 SEP 2026 | 0.0041 |
| 29 JUN 2026 | 0.0582 |
| 29 DEC 2025 | 0.0900 |
| 27 JUN 2025 | 0.0751 |
| 27 MAR 2025 | 0.0121 |
| 30 DEC 2024 | 0.2370 |
| 27 SEP 2024 | 0.1812 |
| 27 JUN 2024 | 0.0422 |
| 28 DEC 2023 | 0.0433 |
| 27 SEP 2023 | 0.1063 |
| 28 JUN 2023 | 0.1399 |
| 29 MAR 2023 | 0.0657 |
Sustainability rating · 31 OCT 2025
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Average
ESG risk score
27.35
Negligible
Low
Medium
High
Severe
- Rank in category
- 63rd percentile of 9 funds
- Environmental risk
- 5.49
- Social risk
- 8.36
- Governance risk
- 3.52
- Portfolio covered
- 87.6%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.00%
- Low
- 24.28%
- Medium
- 40.10%
- High
- 22.32%
- Severe
- 13.30%
2.82% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
16.72
Low
Medium
High
Severe
Category average 10.11
- Carbon risk
- Medium Risk
- Rank in category
- 7th percentile of 66 funds
- Fossil fuel involvement
- 0.00%
- Category average
- 12.64%
- Low Carbon Designation
- No
- Portfolio covered
- 77.7%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Christine Johnson
- Dustin Lewellyn
- Ernesto Tong
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 3
- Average tenure
- 7.5 years
- Longest tenure
- 7.5 years
- Longest serving
- Christine Johnson, Dustin Lewellyn, Ernesto Tong · since 10 APR 2019
- Most recent appointment
- Christine Johnson, Dustin Lewellyn, Ernesto Tong · since 10 APR 2019
- Managed since
- 10 APR 2019
- Other funds managed
- 55
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
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