UFO vs. AVGO
UFO (Procure Space ETF) is Global Equities fund tracking the S-Network Space Index, while AVGO (Broadcom Inc.) is a stock. Over the past 5 years, UFO returned 11.11%/yr vs 54.78%/yr for AVGO. At a 0.45 correlation, their price movements are largely independent.
Performance
UFO vs. AVGO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UFO achieves a 24.53% return, which is significantly higher than AVGO's 10.24% return.
UFO
- 1D
- -1.21%
- 1M
- -22.25%
- YTD
- 24.53%
- 6M
- 20.15%
- 1Y
- 76.34%
- 3Y*
- 39.04%
- 5Y*
- 11.11%
- 10Y*
- —
AVGO
- 1D
- -3.06%
- 1M
- -8.06%
- YTD
- 10.24%
- 6M
- 9.23%
- 1Y
- 50.90%
- 3Y*
- 68.61%
- 5Y*
- 54.78%
- 10Y*
- 41.81%
UFO vs. AVGO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UFO Procure Space ETF | 24.53% | 67.36% | 27.22% | -2.34% | -25.85% | 7.17% | -2.15% | 5.66% |
AVGO Broadcom Inc. | 10.24% | 50.63% | 110.49% | 104.18% | -13.27% | 56.48% | 44.88% | 5.77% |
Correlation
The correlation between UFO and AVGO is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.35 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Apr 11, 2019 | 0.45 |
The correlation between UFO and AVGO shifts across timeframes, from 0.35 (1 year) to 0.45 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UFO vs. AVGO — Risk / Return Rank
UFO
AVGO
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.
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.
| UFO | AVGO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.79 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.22 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.64 | 1.78 | +0.86 |
| Martin ratioReturn relative to average drawdown | 9.06 | 4.04 | +5.02 |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| UFO | AVGO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.33% | -48.30% | -2.03% |
Max Drawdown (1Y)Largest decline over 1 year | -29.02% | -28.67% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -29.02% | -41.15% | +12.13% |
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 DrawdownCurrent decline from peak | -29.02% | -20.94% | -8.08% |
Average DrawdownAverage peak-to-trough decline | -21.81% | -8.00% | -13.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.46% | 12.64% | -4.18% |
Volatility
UFO vs. AVGO - Volatility Comparison
The current volatility for Procure Space ETF (UFO) is 19.63%, while Broadcom Inc. (AVGO) has a volatility of 21.76%. This indicates that UFO experiences smaller price fluctuations and is considered to be less risky than AVGO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UFO | AVGO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.63% | 21.76% | -2.13% |
Volatility (6M)Calculated over the trailing 6-month period | 33.65% | 33.46% | +0.19% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.71% | 46.50% | -5.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.64% | 43.63% | -12.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.16% | 39.60% | -8.44% |
Dividends
UFO vs. AVGO - Dividend Comparison
UFO's dividend yield for the trailing twelve months is around 0.34%, less than AVGO's 0.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVGO Broadcom Inc. | 0.67% | 0.70% | 0.94% | 1.71% | 3.02% | 2.24% | 3.05% | 3.54% | 3.11% | 1.87% | 1.43% | 1.13% |
UFO Procure Space ETF | 0.34% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UFO and AVGO have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVGO has higher volatility (21.76%) compared to UFO (19.63%). In terms of maximum drawdown, UFO dropped -50.33% vs AVGO's -48.30%.
UFO currently has the higher Sharpe Ratio (1.89 vs 1.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for UFO and AVGO
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer