FITE vs. UFO
Compare and contrast key facts about SPDR S&P Kensho Future Security ETF (FITE) and Procure Space ETF (UFO).
FITE and UFO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FITE is a passively managed fund by State Street that tracks the performance of the S&P Kensho Future Security Index. It was launched on Dec 26, 2017. UFO is a passively managed fund by ProcureAM that tracks the performance of the S-Network Space Index. It was launched on Apr 11, 2019. Both FITE and UFO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FITE vs. UFO - Performance Comparison
Loading graphics...
FITE vs. UFO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FITE SPDR S&P Kensho Future Security ETF | 0.28% | 27.73% | 21.63% | 28.48% | -17.98% | 14.45% | 20.38% | 8.88% |
UFO Procure Space ETF | 15.94% | 67.36% | 27.22% | -2.34% | -25.85% | 7.17% | -2.15% | 5.34% |
Returns By Period
In the year-to-date period, FITE achieves a 0.28% return, which is significantly lower than UFO's 15.94% return.
FITE
- 1D
- 4.23%
- 1M
- -3.24%
- YTD
- 0.28%
- 6M
- 0.05%
- 1Y
- 36.53%
- 3Y*
- 22.85%
- 5Y*
- 12.17%
- 10Y*
- —
UFO
- 1D
- 5.44%
- 1M
- 0.76%
- YTD
- 15.94%
- 6M
- 25.90%
- 1Y
- 104.04%
- 3Y*
- 34.88%
- 5Y*
- 11.04%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FITE vs. UFO - Expense Ratio Comparison
FITE has a 0.45% expense ratio, which is lower than UFO's 0.75% expense ratio.
Return for Risk
FITE vs. UFO — Risk / Return Rank
FITE
UFO
FITE vs. UFO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR S&P Kensho Future Security ETF (FITE) and Procure Space ETF (UFO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| FITE | UFO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 2.84 | -1.48 |
Sortino ratioReturn per unit of downside risk | 1.95 | 3.39 | -1.44 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.41 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.29 | 4.67 | -2.38 |
Martin ratioReturn relative to average drawdown | 6.72 | 15.32 | -8.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FITE | UFO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 2.84 | -1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.39 | +0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.34 | +0.28 |
Correlation
The correlation between FITE and UFO is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FITE vs. UFO - Dividend Comparison
FITE's dividend yield for the trailing twelve months is around 0.20%, less than UFO's 0.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FITE SPDR S&P Kensho Future Security ETF | 0.20% | 0.23% | 0.12% | 0.13% | 0.12% | 0.92% | 0.88% | 0.44% | 1.79% |
UFO Procure Space ETF | 0.37% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% | 0.00% |
Drawdowns
FITE vs. UFO - Drawdown Comparison
The maximum FITE drawdown since its inception was -36.90%, smaller than the maximum UFO drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for FITE and UFO.
Loading graphics...
Drawdown Indicators
| FITE | UFO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.90% | -50.33% | +13.43% |
Max Drawdown (1Y)Largest decline over 1 year | -15.35% | -21.95% | +6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -27.14% | -50.33% | +23.19% |
Current DrawdownCurrent decline from peak | -11.77% | -6.94% | -4.83% |
Average DrawdownAverage peak-to-trough decline | -7.50% | -22.30% | +14.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.24% | 6.69% | -1.45% |
Volatility
FITE vs. UFO - Volatility Comparison
The current volatility for SPDR S&P Kensho Future Security ETF (FITE) is 8.62%, while Procure Space ETF (UFO) has a volatility of 12.88%. This indicates that FITE experiences smaller price fluctuations and is considered to be less risky than UFO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FITE | UFO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.62% | 12.88% | -4.26% |
Volatility (6M)Calculated over the trailing 6-month period | 19.79% | 28.59% | -8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.13% | 36.91% | -9.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.98% | 28.81% | -6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.94% | 30.19% | -7.25% |