UFO vs. FITE
Compare and contrast key facts about Procure Space ETF (UFO) and SPDR S&P Kensho Future Security ETF (FITE).
UFO and FITE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. 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. Both UFO and FITE 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
UFO vs. FITE - Performance Comparison
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UFO vs. FITE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
UFO Procure Space ETF | 15.94% | 67.36% | 27.22% | -2.34% | -25.85% | 7.17% | -2.15% | 5.34% |
FITE SPDR S&P Kensho Future Security ETF | 0.28% | 27.73% | 21.63% | 28.48% | -17.98% | 14.45% | 20.38% | 8.88% |
Returns By Period
In the year-to-date period, UFO achieves a 15.94% return, which is significantly higher than FITE's 0.28% return.
UFO
- 1D
- 5.44%
- 1M
- 0.76%
- YTD
- 15.94%
- 6M
- 25.90%
- 1Y
- 104.04%
- 3Y*
- 34.88%
- 5Y*
- 11.04%
- 10Y*
- —
FITE
- 1D
- 4.23%
- 1M
- -3.24%
- YTD
- 0.28%
- 6M
- 0.05%
- 1Y
- 36.53%
- 3Y*
- 22.85%
- 5Y*
- 12.17%
- 10Y*
- —
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UFO vs. FITE - Expense Ratio Comparison
UFO has a 0.75% expense ratio, which is higher than FITE's 0.45% expense ratio.
Return for Risk
UFO vs. FITE — Risk / Return Rank
UFO
FITE
UFO vs. FITE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) and SPDR S&P Kensho Future Security ETF (FITE). 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 | FITE | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.84 | 1.35 | +1.48 |
Sortino ratioReturn per unit of downside risk | 3.39 | 1.95 | +1.44 |
Omega ratioGain probability vs. loss probability | 1.41 | 1.25 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 4.67 | 2.29 | +2.38 |
Martin ratioReturn relative to average drawdown | 15.32 | 6.72 | +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. | |||
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Sharpe Ratios by Period
| UFO | FITE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.84 | 1.35 | +1.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.56 | -0.17 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.34 | 0.62 | -0.28 |
Correlation
The correlation between UFO and FITE 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
UFO vs. FITE - Dividend Comparison
UFO's dividend yield for the trailing twelve months is around 0.37%, more than FITE's 0.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
UFO Procure Space ETF | 0.37% | 0.46% | 1.98% | 1.90% | 3.19% | 1.00% | 1.07% | 0.45% | 0.00% |
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% |
Drawdowns
UFO vs. FITE - Drawdown Comparison
The maximum UFO drawdown since its inception was -50.33%, which is greater than FITE's maximum drawdown of -36.90%. Use the drawdown chart below to compare losses from any high point for UFO and FITE.
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Drawdown Indicators
| UFO | FITE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.33% | -36.90% | -13.43% |
Max Drawdown (1Y)Largest decline over 1 year | -21.95% | -15.35% | -6.60% |
Max Drawdown (5Y)Largest decline over 5 years | -50.33% | -27.14% | -23.19% |
Current DrawdownCurrent decline from peak | -6.94% | -11.77% | +4.83% |
Average DrawdownAverage peak-to-trough decline | -22.30% | -7.50% | -14.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.69% | 5.24% | +1.45% |
Volatility
UFO vs. FITE - Volatility Comparison
Procure Space ETF (UFO) has a higher volatility of 12.88% compared to SPDR S&P Kensho Future Security ETF (FITE) at 8.62%. This indicates that UFO's price experiences larger fluctuations and is considered to be riskier than FITE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UFO | FITE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 12.88% | 8.62% | +4.26% |
Volatility (6M)Calculated over the trailing 6-month period | 28.59% | 19.79% | +8.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.91% | 27.13% | +9.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.81% | 21.98% | +6.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.19% | 22.94% | +7.25% |