Procure Space ETF (UFO) Adds SpaceX Following VettaFi Space Index Reconstitution
Rhea-AI Summary
Procure Space ETF (NASDAQ: UFO) has added SpaceX (NASDAQ: SPCX) as a direct holding after the latest VettaFi Space Index reconstitution. SpaceX entered the portfolio at a 6.17% weight as of June 16, 2026, following its public listing on June 12, 2026.
According to ProcureAM, inclusion follows the VettaFi Space Index methodology, which screens for market capitalization, trading volume, and space-related revenue. UFO, launched in April 2019, provides diversified exposure across the global space economy with the transparency and daily liquidity of an ETF.
Positive
- SpaceX added to UFO with a 6.17% index weight as of June 16, 2026
- Investors can now access SpaceX directly through a single UFO ETF trade
- Exposure driven by VettaFi Space Index rules on size, liquidity, and space revenue
- UFO offers diversified space economy exposure across multiple industry segments
- ETF structure provides transparency and daily liquidity for SpaceX exposure
Negative
- None.
News Market Reaction – UFO
In the Jun 17 session, UFO declined 0.43%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 27 | AUM milestone | Positive | +1.9% | UFO surpassing $1 billion in assets under management. |
| Apr 20 | Index methodology update | Positive | -0.2% | VettaFi Space Index rebrand and fast-track inclusion framework. |
| Apr 16 | AUM and anniversary | Positive | +4.8% | UFO surpassing $500M AUM and marking seven-year anniversary. |
| Apr 07 | New trading venue | Positive | -0.0% | UFO becoming tradable on Coinbase for extended access. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive news for UFO has produced mixed near-term moves, with some milestones followed by gains and others by small declines, indicating no consistent one-day reaction pattern.
Over the past few months, Procure Space ETF (UFO) has reported several growth milestones. It surpassed $500 million in AUM on April 16, 2026 and later crossed $1 billion in assets under management. The ETF also became tradable on Coinbase, expanding access for U.S. customers, and its benchmark was rebranded as the VettaFi Space Index with a methodology enabling fast-track inclusion of mega-cap space companies like SpaceX. Today’s inclusion of SpaceX follows this index methodology evolution.
Key Terms
exchange-traded fund financial
spv (special purpose vehicle) financial
accredited investor financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
The world's first pure-play space ETF now holds the most-watched name in the space economy, directly.
Levittown, Pennsylvania--(Newsfile Corp. - June 17, 2026) - ProcureAM, LLC, issuer of the Procure Space ETF®, (NASDAQ: UFO) today announced that SpaceX* (NASDAQ: SPCX) has been added to the fund following the latest reconstitution of the VettaFi Space Index℠ (NYSE: SPACE), the index UFO tracks.
SpaceX joins UFO at a weight of
For years, exposure to SpaceX meant an SPV (special purpose vehicle), an accredited investor check, an access premium, and a multi-year lockup. The most-watched name in the space economy was also the hardest one to own. With UFO, that changes. SpaceX is now a direct holding in an exchange-traded fund, available in a single trade.
UFO, launched in April 2019, is the first ETF built specifically around the global space economy. The fund holds companies across satellite communications, launch services, GPS and navigation, space-based imagery, and aerospace and defense. SpaceX is the latest addition to a portfolio that has been tracking the public space economy since before it had a name.
"For a decade, investors have asked us how to get SpaceX exposure through a public vehicle," said Andrew Chanin, Co-Founder and CEO of ProcureAM. "UFO is now that vehicle, with the transparency and daily liquidity of an ETF."
UFO is rebalanced and reconstituted in accordance with the VettaFi Space Index℠ methodology. The index, originally developed in partnership with the Space Foundation, was the first Certified Space Data Product recognized by that organization.
For a complete list of UFO holdings, visit https://procureetfs.com/ufo/.
About ProcureAM, LLC
ProcureAM, LLC (ProcureAM) is the issuer of the Procure Space ETF® (NASDAQ: UFO). Based in Levittown, Pennsylvania, the firm specializes in thematic ETFs designed to give investors transparent access to emerging sectors of the global economy.
Media Contact
Gregory Agency
procuream@gregoryagency.com
866-690-3837 (ETFS)
Important Information
The VettaFi Space Index℠ is a modified capitalization-weighted, free float- and space revenue percentage-adjusted equity index designed to serve as an equity benchmark for a globally traded portfolio of companies that are engaged in space-related business. It is not possible to invest in an index.
*As of June 16th, 2026, SpaceX (TICKER: SPCX) was a
For a complete list of holdings in UFO, visit: https://procureetfs.com/ufo/. Fund holdings and sector allocations are subject to change at any time and should not be considered a recommendation to buy or sell any security.
Please consider the Fund's investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund's summary prospectus and prospectus, which can be obtained by visiting procureetfs.com. Read carefully before you invest.
Investing involves risk. Principal loss is possible. The Fund is also subject to the following risks: Shares of any ETF are bought and sold at market price (not NAV), may trade at a discount or premium to NAV and are not individually redeemed from the funds. Brokerage commissions will reduce returns.
Aerospace and defense companies can be significantly affected by government aerospace and defense regulation and spending policies. The exploration of space by private industry and the harvesting of space assets is a business based in future and is witnessing new entrants into the market. Investments in the Fund will be riskier than traditional investments in established industry sectors. The Fund is considered to be concentrated in securities of companies that operate or utilize satellites which are subject to manufacturing delays, launch delays or failures, and operational and environmental risks that could limit their ability to utilize the satellites needed to deliver services to customers. Investing in foreign securities are volatile, harder to price, and less liquid than U.S. securities. Securities of small- and mid-capitalization companies may experience much more price volatility, greater spreads between their bid and ask prices and significantly lower trading volumes than securities issued by large, more established companies. The Fund is not actively managed so it would not take defensive positions in declining markets unless such positions are reflected in the underlying index. Please refer to the summary prospectus for a more detailed explanation of the Funds' principal risks. It is not possible to invest in an index.
UFO is distributed by Quasar Distributors LLC.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/301822