UFO vs. AVGO

Last updated Apr 2, 2026

Compare and contrast key facts about Procure Space ETF (UFO) and Broadcom Inc. (AVGO).

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.

Performance

UFO vs. AVGO - Performance Comparison

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

UFO vs. AVGO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
UFO Procure Space ETF	19.69%	67.36%	27.22%	-2.34%	-25.85%	7.17%	-2.15%	5.34%
AVGO Broadcom Inc.	-9.23%	50.63%	110.49%	104.18%	-13.27%	56.48%	44.88%	5.12%

Returns By Period

In the year-to-date period, UFO achieves a 19.69% return, which is significantly higher than AVGO's -9.23% return.

UFO

• 1D: 3.24%
• 1M: 0.17%
• YTD: 19.69%
• 6M: 28.01%
• 1Y: 113.55%
• 3Y*: 36.32%
• 5Y*: 11.75%
• 10Y*: —

AVGO

• 1D: 1.29%
• 1M: -1.47%
• YTD: -9.23%
• 6M: -5.59%
• 1Y: 87.53%
• 3Y*: 71.96%
• 5Y*: 48.74%
• 10Y*: 38.30%

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

Return for Risk

UFO vs. AVGO — Risk / Return Rank

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

UFO

UFO Risk / Return Rank: 96
UFO Sharpe Ratio Rank: 97
UFO Sortino Ratio Rank: 97
UFO Omega Ratio Rank: 94
UFO Calmar Ratio Rank: 97
UFO Martin Ratio Rank: 95

AVGO

AVGO Risk / Return Rank: 86
AVGO Sharpe Ratio Rank: 88
AVGO Sortino Ratio Rank: 86
AVGO Omega Ratio Rank: 84
AVGO Calmar Ratio Rank: 86
AVGO Martin Ratio Rank: 84

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.

UFO vs. AVGO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) and Broadcom Inc. (AVGO). 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.

	UFO	AVGO	Difference
Sharpe ratio Return per unit of total volatility	3.09	1.82	+1.27
Sortino ratio Return per unit of downside risk	3.59	2.55	+1.05
Omega ratio Gain probability vs. loss probability	1.44	1.33	+0.11
Calmar ratio Return relative to maximum drawdown	5.04	3.10	+1.94
Martin ratio Return relative to average drawdown	16.53	7.61	+8.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UFO vs. AVGO - Sharpe Ratio Comparison

The current UFO Sharpe Ratio is 3.09, which is higher than the AVGO Sharpe Ratio of 1.82. The chart below compares the historical Sharpe Ratios of UFO and AVGO, 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

	UFO	AVGO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.09	1.82	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	1.16	-0.75
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	1.06	-0.70

Correlation

The correlation between UFO and AVGO is 0.46, 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

UFO vs. AVGO - Dividend Comparison

UFO's dividend yield for the trailing twelve months is around 0.36%, less than AVGO's 0.79% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
UFO Procure Space ETF	0.36%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%	0.00%	0.00%	0.00%	0.00%
AVGO Broadcom Inc.	0.79%	0.70%	0.94%	1.71%	3.02%	2.24%	3.05%	3.54%	3.11%	1.87%	1.43%	1.13%

Drawdowns

UFO vs. AVGO - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, roughly equal to the maximum AVGO drawdown of -48.30%. Use the drawdown chart below to compare losses from any high point for UFO and AVGO.

Drawdown Indicators

	UFO	AVGO	Difference
Max Drawdown Largest peak-to-trough decline	-50.33%	-48.30%	-2.03%
Max Drawdown (1Y) Largest decline over 1 year	-21.95%	-28.67%	+6.72%
Max Drawdown (5Y) Largest decline over 5 years	-50.33%	-41.15%	-9.18%
Max Drawdown (10Y) Largest decline over 10 years	—	-48.30%	—
Current Drawdown Current decline from peak	-3.93%	-23.78%	+19.85%
Average Drawdown Average peak-to-trough decline	-22.29%	-8.00%	-14.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.69%	11.66%	-4.97%

Volatility

UFO vs. AVGO - Volatility Comparison

Procure Space ETF (UFO) and Broadcom Inc. (AVGO) have volatilities of 13.18% and 12.62%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFO	AVGO	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.18%	12.62%	+0.56%
Volatility (6M) Calculated over the trailing 6-month period	28.74%	32.50%	-3.76%
Volatility (1Y) Calculated over the trailing 1-year period	37.01%	48.25%	-11.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.84%	42.33%	-13.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.21%	38.90%	-8.69%