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 | |
|---|---|---|---|---|---|
| Themes Transatlantic Defense ETF | 0.35% | — | Oct 2024 | NASA vs NATO | |
| SPDR S&P Aerospace & Defense ETF | 0.35% | 6.30B | Sep 2011 | NASA vs XAR | |
| Xtrackers Europe Defense Technologies ETF | 0.35% | 4.36M | Feb 2026 | NASA vs XDEF | |
| iShares U.S. Aerospace & Defense ETF | 0.38% | 13.91B | May 2006 | NASA vs ITA | |
| WisdomTree Asia Defense Fund | 0.45% | 23.89M | 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 82.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Procure Space ETF | 82 | 1.18B | Apr 2019 | NASA vs UFO | |
| Gabelli Commercial Aerospace & Defense ETF | 56 | 24.90M | Jan 2023 | NASA vs GCAD | |
| ARK Space Exploration & Innovation ETF | 54 | 717.30M | Mar 2021 | NASA vs ARKX | |
| Pacer Solactive Whitney Future of Warfare ETF | 47 | 15.20M | Dec 2024 | NASA vs FOWF | |
| SPDR S&P Aerospace & Defense ETF | 44 | 6.30B | Sep 2011 | NASA vs XAR |
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 41.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Procure Space ETF | 41.55% | 1.18B | Apr 2019 | NASA vs UFO | |
| Defiance Drone & Modern Warfare ETF | 40.95% | 171.74M | Sep 2025 | NASA vs JEDI | |
| ARK Space Exploration & Innovation ETF | 17.46% | 717.30M | Mar 2021 | NASA vs ARKX | |
| REX Drone ETF | 16.66% | 126.17M | Oct 2025 | NASA vs DRNZ | |
| Gabelli Commercial Aerospace & Defense ETF | 15.34% | 24.90M | Jan 2023 | NASA vs GCAD |
Lowest Volatility Alternatives to NASA
NASA has 61.27% 1-year volatility. There are 17 ETFs in the Aerospace & Defense category with lower 1-year volatility, going as low as 14.05%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pacer Solactive Whitney Future of Warfare ETF | 14.05% | 15.20M | Dec 2024 | NASA vs FOWF | |
| Invesco Aerospace & Defense ETF | 19.21% | 8.15B | Oct 2005 | NASA vs PPA | |
| Gabelli Commercial Aerospace & Defense ETF | 19.42% | 24.90M | Jan 2023 | NASA vs GCAD | |
| Themes Transatlantic Defense ETF | 20.87% | — | Oct 2024 | NASA vs NATO | |
| iShares U.S. Aerospace & Defense ETF | 21.07% | 13.91B | 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% | 15.20M | Dec 2024 | NASA vs FOWF | |
| Invesco Aerospace & Defense ETF | -13.71% | 8.15B | Oct 2005 | NASA vs PPA | |
| iShares Defense Industrials Active ETF | -14.63% | 3.90B | May 2025 | NASA vs IDEF | |
| Gabelli Commercial Aerospace & Defense ETF | -14.96% | 24.90M | Jan 2023 | NASA vs GCAD | |
| iShares U.S. Aerospace & Defense ETF | -15.82% | 13.91B | May 2006 | NASA vs ITA |
Other ETFs from Tema
The 7 most viewed Tema ETFs shown here include VOLT, RSHO, HRTS and span 7 categories. AUM among these funds goes as high as $980M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tema Electrification ETF | Energy Equities | 88 | 32.76% | 693.48M | Dec 2024 | NASA vs VOLT | |
| Tema American Reshoring ETF | Mid Cap Blend Equities | 70 | 29.68% | 277.97M | May 2023 | NASA vs RSHO | |
| Tema Obesity & Cardiometabolic ETF | Health & Biotech Equities | 44 | -2.89% | 52.22M | Nov 2023 | NASA vs HRTS | |
| Tema Oncology ETF | Health & Biotech Equities | 71 | 4.92% | 142.24M | Aug 2023 | NASA vs CANC | |
| Tema Monopolies and Oligopolies ETF | Large Cap Growth Equities | 31 | 9.69% | 49.34M | May 2023 | NASA vs TOLL | |
| Tema S&P 500 Historical Weight ETF Strategy | Large Cap Blend Equities, S&P 500 | 74 | 9.94% | 979.67M | Mar 2025 | NASA vs DSPY | |
| Tema International Durable Quality ETF | Foreign Large Cap Equities | — | 0.58% | — | Sep 2025 | NASA vs ITOL |
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