UFO vs. THNQ

Last updated Jun 14, 2026

UFO (Procure Space ETF) and THNQ (ROBO Global Artificial Intelligence ETF) are both exchange-traded funds - UFO is a Global Equities fund tracking the S-Network Space Index, while THNQ is a Technology Equities fund tracking the ROBO Global Artificial Intelligence Index. Both are passively managed. Over the past 5 years, UFO returned 13.50%/yr vs 15.90%/yr for THNQ. A 0.63 correlation means they provide meaningful diversification when combined. UFO charges 0.75%/yr vs 0.68%/yr for THNQ.

Performance

UFO vs. THNQ - Performance Comparison

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

Returns By Period

The year-to-date returns for both stocks are quite close, with UFO having a 36.92% return and THNQ slightly lower at 35.69%.

UFO

• 1D: -6.99%
• 1M: -8.71%
• YTD: 36.92%
• 6M: 37.68%
• 1Y: 105.58%
• 3Y*: 41.51%
• 5Y*: 13.50%
• 10Y*: —

THNQ

• 1D: 0.63%
• 1M: 7.14%
• YTD: 35.69%
• 6M: 34.00%
• 1Y: 67.55%
• 3Y*: 33.39%
• 5Y*: 15.90%
• 10Y*: —

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

UFO vs. THNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
UFO Procure Space ETF	36.92%	67.36%	27.22%	-2.34%	-25.85%	7.17%	38.16%
THNQ ROBO Global Artificial Intelligence ETF	35.69%	29.83%	18.82%	56.81%	-39.84%	9.10%	60.92%

Correlation

The correlation between UFO and THNQ 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 (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.67
Correlation (All Time) Calculated using the full available price history since May 11, 2020	0.63

The correlation between UFO and THNQ has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

UFO vs. THNQ - Sectors Allocation Comparison

Sectors	UFO	THNQ
Industrials	45.8%	0.8%
Technology	27.8%	74.2%
Communication Services	24.5%	10.5%
Financial Services	0.0%	1.4%
Basic Materials	-	-
Consumer Cyclical	-	7.3%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	5.2%
Real Estate	-	0.7%
Utilities	-	-

Return for Risk

UFO vs. THNQ — Risk / Return Rank

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

UFO

UFO Risk / Return Rank: 83
UFO Sharpe Ratio Rank: 89
UFO Sortino Ratio Rank: 80
UFO Omega Ratio Rank: 73
UFO Calmar Ratio Rank: 89
UFO Martin Ratio Rank: 82

THNQ

THNQ Risk / Return Rank: 75
THNQ Sharpe Ratio Rank: 83
THNQ Sortino Ratio Rank: 73
THNQ Omega Ratio Rank: 72
THNQ Calmar Ratio Rank: 78
THNQ Martin Ratio Rank: 70

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. THNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Procure Space ETF (UFO) and ROBO Global Artificial Intelligence ETF (THNQ). 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	THNQ	Difference
Sharpe ratio: Return per unit of total volatility	2.58	2.32	+0.26
Sortino ratio: Return per unit of downside risk	3.06	2.84	+0.23
Omega ratio: Gain probability vs. loss probability	1.37	1.37	0.00
Calmar ratio: Return relative to maximum drawdown	4.58	3.51	+1.07
Martin ratio: Return relative to average drawdown	14.05	11.22	+2.82

UFO vs. THNQ - Sharpe Ratio Comparison

The current UFO Sharpe Ratio is 2.58, which is comparable to the THNQ Sharpe Ratio of 2.32. The chart below compares the historical Sharpe Ratios of UFO and THNQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

UFO vs. THNQ - Drawdown Comparison

The maximum UFO drawdown since its inception was -50.33%, roughly equal to the maximum THNQ drawdown of -50.56%. Use the drawdown chart below to compare losses from any high point for UFO and THNQ.

Drawdown Indicators

	UFO	THNQ	Difference
Max Drawdown Largest peak-to-trough decline	-50.33%	-50.56%	+0.23%
Max Drawdown (1Y) Largest decline over 1 year	-22.94%	-18.39%	-4.55%
Max Drawdown (3Y) Largest decline over 3 years	-25.91%	-29.88%	+3.97%
Max Drawdown (5Y) Largest decline over 5 years	-50.33%	-50.56%	+0.23%
Current Drawdown Current decline from peak	-21.95%	-7.88%	-14.07%
Average Drawdown Average peak-to-trough decline	-21.80%	-15.03%	-6.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.46%	5.74%	+1.72%

Volatility

UFO vs. THNQ - Volatility Comparison

Procure Space ETF (UFO) has a higher volatility of 20.43% compared to ROBO Global Artificial Intelligence ETF (THNQ) at 12.29%. This indicates that UFO's price experiences larger fluctuations and is considered to be riskier than THNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UFO	THNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	20.43%	12.29%	+8.14%
Volatility (6M) Calculated over the trailing 6-month period	34.11%	22.64%	+11.47%
Volatility (1Y) Calculated over the trailing 1-year period	40.69%	27.89%	+12.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.59%	29.33%	+1.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	31.16%	28.82%	+2.34%

UFO vs. THNQ - Expense Ratio Comparison

UFO has a 0.75% expense ratio, which is higher than THNQ's 0.68% expense ratio.

Dividends

UFO vs. THNQ - Dividend Comparison

UFO's dividend yield for the trailing twelve months is around 0.31%, more than THNQ's 0.15% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
THNQ ROBO Global Artificial Intelligence ETF	0.15%	0.20%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
UFO Procure Space ETF	0.31%	0.46%	1.98%	1.90%	3.19%	1.00%	1.07%	0.45%

Frequently Asked Questions

Can I hold both UFO and THNQ in my portfolio?

UFO and THNQ 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.

Which is riskier, UFO or THNQ?

UFO has higher volatility (20.43%) compared to THNQ (12.29%). In terms of maximum drawdown, UFO dropped -50.33% vs THNQ's -50.56%.

Which ETF is better, UFO or THNQ?

On 5-year performance, THNQ leads with 15.90% vs 13.50% for UFO. On fees, THNQ is cheaper at 0.68% per year. On volatility, THNQ has been the lower-risk option at 12.29%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, UFO or THNQ?

Over the 5-year period, THNQ has performed better with a 15.90% return vs 13.50%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, UFO or THNQ?

THNQ is cheaper with a 0.68% expense ratio, compared with 0.75% for UFO.

Which ETF pays a higher dividend yield, UFO or THNQ?

UFO has the higher dividend yield at 0.31%, compared with 0.15% for THNQ.

What is the main difference between UFO and THNQ?

UFO is categorized as Global Equities, while THNQ is Technology Equities. UFO tracks S-Network Space Index, while THNQ tracks ROBO Global Artificial Intelligence Index. They also come from different issuers: ProcureAM and Exchange Traded Concepts. Their fees differ too: 0.75% for UFO and 0.68% for THNQ.

Which has better risk-adjusted returns?

UFO currently has the higher Sharpe Ratio (2.58 vs 2.32), 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.