Tema Space Innovators ETF (NASA) belongs to the Aerospace & Defense category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NASA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NASA
NASA charges 0.75% annually. There are 16 ETFs in the Aerospace & Defense category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| SPDR S&P Aerospace & Defense ETF | 0.35% | 6.23B | Sep 2011 | NASA vs XAR | |
| Xtrackers Europe Defense Technologies ETF | 0.35% | 4.04M | Feb 2026 | NASA vs XDEF | |
| Themes Transatlantic Defense ETF | 0.35% | — | Oct 2024 | NASA vs NATO | |
| iShares U.S. Aerospace & Defense ETF | 0.38% | 14.13B | May 2006 | NASA vs ITA | |
| WisdomTree Asia Defense Fund | 0.45% | 21.82M | Sep 2025 | NASA vs WDAF |
Best Risk-Adjusted Alternatives to NASA
Among 13 ETFs in the Aerospace & Defense category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 63.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Commercial Aerospace & Defense ETF | 63 | 24.90M | Jan 2023 | NASA vs GCAD | |
| Procure Space ETF | 45 | 1.12B | Apr 2019 | NASA vs UFO | |
| iShares U.S. Aerospace & Defense ETF | 39 | 14.13B | May 2006 | NASA vs ITA | |
| SPDR S&P Aerospace & Defense ETF | 37 | 6.23B | Sep 2011 | NASA vs XAR | |
| Invesco Aerospace & Defense ETF | 36 | 8.50B | Oct 2005 | NASA vs PPA |
Top Performing NASA Alternatives (YTD)
Among 18 ETFs in the Aerospace & Defense category with YTD return data, the top-performing alternatives shown here go as high as 19.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Gabelli Commercial Aerospace & Defense ETF | 19.65% | 24.90M | Jan 2023 | NASA vs GCAD | |
| Procure Space ETF | 19.51% | 1.12B | Apr 2019 | NASA vs UFO | |
| Direxion Daily Aerospace & Defense Bull 3X Shares | 17.32% | 389.53M | May 2017 | NASA vs DFEN | |
| SPDR S&P Aerospace & Defense ETF | 13.69% | 6.23B | Sep 2011 | NASA vs XAR | |
| iShares U.S. Aerospace & Defense ETF | 10.44% | 14.13B | May 2006 | NASA vs ITA |
Lowest Volatility Alternatives to NASA
NASA has 66.98% 1-year volatility. There are 18 ETFs in the Aerospace & Defense category with lower 1-year volatility, going as low as 14.45%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer Solactive Whitney Future of Warfare ETF | 14.45% | 15.15M | Dec 2024 | NASA vs FOWF | |
| Invesco Aerospace & Defense ETF | 20.14% | 8.50B | Oct 2005 | NASA vs PPA | |
| Gabelli Commercial Aerospace & Defense ETF | 20.37% | 24.90M | Jan 2023 | NASA vs GCAD | |
| Themes Transatlantic Defense ETF | 21.47% | — | Oct 2024 | NASA vs NATO | |
| iShares U.S. Aerospace & Defense ETF | 21.86% | 14.13B | May 2006 | NASA vs ITA |
Lowest Drawdown Alternatives to NASA
Among 13 ETFs in the Aerospace & Defense category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -10.08%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer Solactive Whitney Future of Warfare ETF | -10.08% | 15.15M | Dec 2024 | NASA vs FOWF | |
| Invesco Aerospace & Defense ETF | -13.71% | 8.50B | Oct 2005 | NASA vs PPA | |
| Gabelli Commercial Aerospace & Defense ETF | -14.96% | 24.90M | Jan 2023 | NASA vs GCAD | |
| iShares Defense Industrials Active ETF | -15.69% | 3.96B | May 2025 | NASA vs IDEF | |
| iShares U.S. Aerospace & Defense ETF | -15.82% | 14.13B | May 2006 | NASA vs ITA |
Other ETFs from Tema
The 7 most viewed Tema ETFs shown here include VOLT, HRTS, CANC and span 7 categories. AUM among these funds goes as high as $975M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tema Electrification ETF | Global Equities | 90 | 39.46% | 693.48M | Dec 2024 | NASA vs VOLT | |
| Tema Obesity & Cardiometabolic ETF | Health & Biotech Equities | 58 | 2.57% | 53.37M | Nov 2023 | NASA vs HRTS | |
| Tema Oncology ETF | Health & Biotech Equities | 91 | 16.09% | 142.24M | Aug 2023 | NASA vs CANC | |
| Tema Monopolies and Oligopolies ETF | Large Cap Growth Equities | 40 | 14.24% | 45.50M | May 2023 | NASA vs TOLL | |
| Tema S&P 500 Historical Weight ETF Strategy | Large Cap Blend Equities, S&P 500 | 73 | 11.53% | 974.74M | Mar 2025 | NASA vs DSPY | |
| Tema International Durable Quality ETF | Foreign Large Cap Equities | — | 0.58% | — | Sep 2025 | NASA vs ITOL | |
| Tema U.S. Manufacturing & Reshoring ETF | Industrials Equities | — | — | — | May 2023 | NASA vs WELD |
Often Compared With NASA
Investors most often compare NASA with ARKX, MARS, WARP. These 19 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare NASA with Any Fund or Stock
Compare NASA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NASA with funds that move differently
Tema Space Innovators ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NASA.
Explore NASA Diversifiers