UFO vs. JEDI.DE

Last updated Apr 3, 2026

Compare and contrast key facts about Procure Space ETF (UFO) and VanEck Space Innovators UCITS ETF (JEDI.DE).

UFO and JEDI.DE 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. JEDI.DE is a passively managed fund by VanEck that tracks the performance of the MVIS Global Space Industry ESG. It was launched on Jun 24, 2022. Both UFO and JEDI.DE 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. JEDI.DE - Performance Comparison

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

UFO vs. JEDI.DE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UFO Procure Space ETF	27.22%	67.36%	27.22%	-2.34%	-1.10%
JEDI.DE VanEck Space Innovators UCITS ETF	33.39%	94.34%	43.44%	11.98%	8.02%

Different Trading Currencies

UFO is traded in USD, while JEDI.DE is traded in EUR. To make them comparable, the JEDI.DE values have been converted to USD using the latest available exchange rates.

Returns By Period

In the year-to-date period, UFO achieves a 27.22% return, which is significantly lower than JEDI.DE's 33.39% return.

UFO

• 1D: 6.29%
• 1M: 8.33%
• YTD: 27.22%
• 6M: 31.14%
• 1Y: 121.49%
• 3Y*: 39.07%
• 5Y*: 13.12%
• 10Y*: —

JEDI.DE

• 1D: 4.68%
• 1M: 8.75%
• YTD: 33.39%
• 6M: 46.93%
• 1Y: 162.94%
• 3Y*: 57.40%
• 5Y*: —
• 10Y*: —

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

UFO vs. JEDI.DE - Expense Ratio Comparison

UFO has a 0.75% expense ratio, which is higher than JEDI.DE's 0.55% expense ratio.

UFO

Procure Space ETF

JEDI.DE

VanEck Space Innovators UCITS ETF

Return for Risk

UFO vs. JEDI.DE — 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: 98
UFO Sortino Ratio Rank: 97
UFO Omega Ratio Rank: 94
UFO Calmar Ratio Rank: 97
UFO Martin Ratio Rank: 96

JEDI.DE

JEDI.DE Risk / Return Rank: 97
JEDI.DE Sharpe Ratio Rank: 98
JEDI.DE Sortino Ratio Rank: 97
JEDI.DE Omega Ratio Rank: 94
JEDI.DE Calmar Ratio Rank: 98
JEDI.DE Martin Ratio Rank: 97

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. JEDI.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) and VanEck Space Innovators UCITS ETF (JEDI.DE). 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	JEDI.DE	Difference
Sharpe ratio Return per unit of total volatility	3.27	3.78	-0.51
Sortino ratio Return per unit of downside risk	3.76	4.03	-0.27
Omega ratio Gain probability vs. loss probability	1.46	1.50	-0.04
Calmar ratio Return relative to maximum drawdown	5.78	7.19	-1.40
Martin ratio Return relative to average drawdown	18.97	24.61	-5.64
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. JEDI.DE - Sharpe Ratio Comparison

The current UFO Sharpe Ratio is 3.27, which is comparable to the JEDI.DE Sharpe Ratio of 3.78. The chart below compares the historical Sharpe Ratios of UFO and JEDI.DE, 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	JEDI.DE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.27	3.78	-0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.45	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	1.51	-1.12

Correlation

The correlation between UFO and JEDI.DE is 0.68, 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. JEDI.DE - Dividend Comparison

UFO's dividend yield for the trailing twelve months is around 0.34%, while JEDI.DE has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019
UFO Procure Space ETF	0.34%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%
JEDI.DE VanEck Space Innovators UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

UFO vs. JEDI.DE - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, which is greater than JEDI.DE's maximum drawdown of -26.75%. Use the drawdown chart below to compare losses from any high point for UFO and JEDI.DE.

Drawdown Indicators

	UFO	JEDI.DE	Difference
Max Drawdown Largest peak-to-trough decline	-50.33%	-30.10%	-20.23%
Max Drawdown (1Y) Largest decline over 1 year	-21.95%	-23.53%	+1.58%
Max Drawdown (5Y) Largest decline over 5 years	-50.33%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-22.27%	-7.27%	-15.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.69%	6.89%	-0.20%

Volatility

UFO vs. JEDI.DE - Volatility Comparison

The current volatility for Procure Space ETF (UFO) is 14.34%, while VanEck Space Innovators UCITS ETF (JEDI.DE) has a volatility of 16.52%. This indicates that UFO experiences smaller price fluctuations and is considered to be less risky than JEDI.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFO	JEDI.DE	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.34%	16.52%	-2.18%
Volatility (6M) Calculated over the trailing 6-month period	29.31%	33.71%	-4.40%
Volatility (1Y) Calculated over the trailing 1-year period	37.45%	42.89%	-5.44%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.96%	32.08%	-3.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.29%	32.08%	-1.79%