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TGLB vs. UFO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

TGLB vs. UFO

Last updated Jun 26, 2026

TGLB (T. Rowe Price Global Equity ETF) and UFO (Procure Space ETF) are both Global Equities funds. Over the past year, TGLB returned 13.13% vs 65.77% for UFO. A 0.59 correlation means they provide meaningful diversification when combined. TGLB charges 0.46%/yr vs 0.75%/yr for UFO.

Performance

TGLB vs. UFO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Global Equity ETF (TGLB) and Procure Space ETF (UFO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, TGLB achieves a 8.78% return, which is significantly lower than UFO's 17.88% return.

TGLB

1D
0.09%
1M
-1.24%
YTD
8.78%
6M
7.27%
1Y
13.13%
3Y*
—
5Y*
—
10Y*
—

UFO

1D
-1.98%
1M
-30.38%
YTD
17.88%
6M
13.96%
1Y
65.77%
3Y*
36.25%
5Y*
9.10%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

TGLB vs. UFO - Yearly Performance Comparison

2026 (YTD)2025
TGLB
T. Rowe Price Global Equity ETF		8.78%3.99%
UFO
Procure Space ETF		17.88%40.63%

Correlation

The correlation between TGLB and UFO is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (All Time)
Calculated using the full available price history since Jun 26, 2025

0.59

TGLB vs. UFO - Sectors Allocation Comparison

Sectors
TGLB
UFO

Technology

34.5%
19.3%

Financial Services

17.4%
0.0%

Communication Services

11.8%
28.6%

Industrials

9.0%
52.2%

Healthcare

7.8%

-

Consumer Cyclical

7.7%

-

Basic Materials

6.1%

-

Utilities

2.6%

-

Energy

2.0%

-

Consumer Defensive

1.1%

-

Real Estate

-

-

Technology

TGLB
34.5%
UFO
19.3%

Financial Services

TGLB
17.4%
UFO
0.0%

Communication Services

TGLB
11.8%
UFO
28.6%

Industrials

TGLB
9.0%
UFO
52.2%

Healthcare

TGLB
7.8%
UFO

-

Consumer Cyclical

TGLB
7.7%
UFO

-

Basic Materials

TGLB
6.1%
UFO

-

Utilities

TGLB
2.6%
UFO

-

Energy

TGLB
2.0%
UFO

-

Consumer Defensive

TGLB
1.1%
UFO

-

Real Estate

TGLB

-

UFO

-

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

T. Rowe Price Global Equity ETF

Procure Space ETF

Often compared with TGLB:
TGLB vs. TFLRTGLB vs. BDVLTGLB vs. WBIFTGLB vs. FIXTTGLB vs. IDVTGLB vs. FYLDTGLB vs. AVGV
Often compared with UFO:
UFO vs. ARKXUFO vs. ROKTUFO vs. XARUFO vs. JEDIUFO vs. RKLBUFO vs. ITAUFO vs. RCKT

Return for Risk

TGLB vs. UFO — Risk / Return Rank

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

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

UFO
UFO Risk / Return Rank: 5050
Overall Rank
UFO Sharpe Ratio Rank: 5555
Sharpe Ratio Rank
UFO Sortino Ratio Rank: 5252
Sortino Ratio Rank
UFO Omega Ratio Rank: 4646
Omega Ratio Rank
UFO Calmar Ratio Rank: 4646
Calmar Ratio Rank
UFO Martin Ratio Rank: 5050
Martin Ratio Rank
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.

TGLB vs. UFO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Global Equity ETF (TGLB) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

TGLBUFODifference
Sharpe ratioReturn per unit of total volatility

—

1.62

—

Sortino ratioReturn per unit of downside risk

—

2.22

—

Omega ratioGain probability vs. loss probability

—

1.26

—

Calmar ratioReturn relative to maximum drawdown

—

2.02

—

Martin ratioReturn relative to average drawdown

—

7.39

—

TGLB vs. UFO - Sharpe Ratio Comparison

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Drawdowns

TGLB vs. UFO - Drawdown Comparison

The maximum TGLB drawdown since its inception was -9.78%, smaller than the maximum UFO drawdown of -50.33%. Use the drawdown chart below to compare losses from any high point for TGLB and UFO.

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Drawdown Indicators

TGLBUFODifference

Max Drawdown

Largest peak-to-trough decline

-9.78%

-50.33%

+40.55%

Max Drawdown (1Y)

Largest decline over 1 year

-9.78%

-32.81%

+23.03%

Max Drawdown (3Y)

Largest decline over 3 years

—

-32.81%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-50.33%

—

Current Drawdown

Current decline from peak

-3.49%

-32.81%

+29.32%

Average Drawdown

Average peak-to-trough decline

-1.83%

-21.82%

+19.99%

Ulcer Index

Depth and duration of drawdowns from previous peaks

—

8.93%

—

Volatility

TGLB vs. UFO - Volatility Comparison

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Volatility by Period

TGLBUFODifference

Volatility (1M)

Calculated over the trailing 1-month period

—

17.32%

—

Volatility (6M)

Calculated over the trailing 6-month period

—

33.04%

—

Volatility (1Y)

Calculated over the trailing 1-year period

14.21%

40.89%

-26.68%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.21%

30.65%

-16.44%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

14.21%

31.18%

-16.97%

TGLB vs. UFO - Expense Ratio Comparison

TGLB has a 0.46% expense ratio, which is lower than UFO's 0.75% expense ratio.

Dividends

TGLB vs. UFO - Dividend Comparison

TGLB's dividend yield for the trailing twelve months is around 0.18%, less than UFO's 0.36% yield.

PositionTTM2025202420232022202120202019
TGLB
T. Rowe Price Global Equity ETF		0.18%0.20%0.00%0.00%0.00%0.00%0.00%0.00%
UFO
Procure Space ETF		0.36%0.46%1.98%1.90%3.19%1.00%1.07%0.45%

Frequently Asked Questions

TGLB and UFO have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On 1-year performance, UFO leads with 65.77% vs 13.13% for TGLB. On fees, TGLB is cheaper at 0.46% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, UFO has performed better with a 65.77% return vs 13.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

TGLB is cheaper with a 0.46% expense ratio, compared with 0.75% for UFO.

UFO has the higher dividend yield at 0.36%, compared with 0.18% for TGLB.

They also come from different issuers: T. Rowe Price and ProcureAM. Their fees differ too: 0.46% for TGLB and 0.75% for UFO.

Portfolio Optimizer

Find the right allocation for TGLB and UFO

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

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