GXTG vs. UFO

Last updated Apr 1, 2026

Compare and contrast key facts about Global X Thematic Growth ETF (GXTG) and Procure Space ETF (UFO).

GXTG and UFO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GXTG is a passively managed fund by Global X that tracks the performance of the Solactive Thematic Growth Index. It was launched on Oct 25, 2019. 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 GXTG 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

GXTG vs. UFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Thematic Growth ETF (GXTG) and Procure Space ETF (UFO). The values are adjusted to include any dividend payments, if applicable.

GXTG vs. UFO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
GXTG Global X Thematic Growth ETF	-6.81%	3.52%	-3.55%	10.26%	-48.08%	3.21%	61.07%	4.70%
UFO Procure Space ETF	15.94%	67.36%	27.22%	-2.34%	-25.85%	7.17%	-2.15%	0.22%

Returns By Period

In the year-to-date period, GXTG achieves a -6.81% return, which is significantly lower than UFO's 15.94% return.

GXTG

• 1D: 3.90%
• 1M: -6.16%
• YTD: -6.81%
• 6M: -17.86%
• 1Y: -0.43%
• 3Y*: -2.86%
• 5Y*: -13.24%
• 10Y*: —

UFO

• 1D: 5.44%
• 1M: 0.76%
• YTD: 15.94%
• 6M: 25.90%
• 1Y: 104.04%
• 3Y*: 34.88%
• 5Y*: 11.04%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

GXTG vs. UFO - Expense Ratio Comparison

GXTG has a 0.50% expense ratio, which is lower than UFO's 0.75% expense ratio.

UFO

Procure Space ETF

GXTG

Global X Thematic Growth ETF

Return for Risk

GXTG vs. UFO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GXTG

GXTG Risk / Return Rank: 11
GXTG Sharpe Ratio Rank: 12
GXTG Sortino Ratio Rank: 12
GXTG Omega Ratio Rank: 12
GXTG Calmar Ratio Rank: 10
GXTG Martin Ratio Rank: 10

UFO

UFO Risk / Return Rank: 96
UFO Sharpe Ratio Rank: 97
UFO Sortino Ratio Rank: 97
UFO Omega Ratio Rank: 93
UFO Calmar Ratio Rank: 97
UFO Martin Ratio Rank: 95

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GXTG vs. UFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Thematic Growth ETF (GXTG) 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.

	GXTG	UFO	Difference
Sharpe ratio Return per unit of total volatility	-0.02	2.84	-2.85
Sortino ratio Return per unit of downside risk	0.17	3.39	-3.22
Omega ratio Gain probability vs. loss probability	1.02	1.41	-0.39
Calmar ratio Return relative to maximum drawdown	-0.09	4.67	-4.76
Martin ratio Return relative to average drawdown	-0.22	15.32	-15.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

GXTG vs. UFO - Sharpe Ratio Comparison

The current GXTG Sharpe Ratio is -0.02, which is lower than the UFO Sharpe Ratio of 2.84. The chart below compares the historical Sharpe Ratios of GXTG and UFO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	GXTG	UFO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.02	2.84	-2.85
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.49	0.39	-0.87
Sharpe Ratio (All Time) Calculated using the full available price history	-0.04	0.34	-0.38

Correlation

The correlation between GXTG and UFO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

GXTG vs. UFO - Dividend Comparison

GXTG's dividend yield for the trailing twelve months is around 1.51%, more than UFO's 0.37% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
GXTG Global X Thematic Growth ETF	1.51%	1.40%	1.08%	1.99%	1.48%	1.56%	0.48%	0.31%
UFO Procure Space ETF	0.37%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%

Drawdowns

GXTG vs. UFO - Drawdown Comparison

The maximum GXTG drawdown since its inception was -67.81%, which is greater than UFO's maximum drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for GXTG and UFO.

Drawdown Indicators

	GXTG	UFO	Difference
Max Drawdown Largest peak-to-trough decline	-67.81%	-50.33%	-17.48%
Max Drawdown (1Y) Largest decline over 1 year	-24.65%	-21.95%	-2.70%
Max Drawdown (5Y) Largest decline over 5 years	-61.17%	-50.33%	-10.84%
Current Drawdown Current decline from peak	-63.16%	-6.94%	-56.22%
Average Drawdown Average peak-to-trough decline	-42.76%	-22.30%	-20.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.77%	6.69%	+3.08%

Volatility

GXTG vs. UFO - Volatility Comparison

The current volatility for Global X Thematic Growth ETF (GXTG) is 8.74%, while Procure Space ETF (UFO) has a volatility of 12.88%. This indicates that GXTG 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.

Volatility by Period

	GXTG	UFO	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.74%	12.88%	-4.14%
Volatility (6M) Calculated over the trailing 6-month period	20.65%	28.59%	-7.94%
Volatility (1Y) Calculated over the trailing 1-year period	27.44%	36.91%	-9.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.33%	28.81%	-1.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.54%	30.19%	-0.65%