Quick Read – UFO surged 165% over the trailing year, with 32% coming in April alone as SpaceX IPO speculation and $321 million in inflows flooded the fund. – While SPY gained just 11% over the same window, UFO’s basket trades above 100x earnings with 60% of holdings still…
e-profit. – Staying long UFO demands a 2026 SpaceX IPO at $1.5 trillion, DoD contract delivery, and Rocket Lab execution. Two failures would re-rate the basket. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Procure ETF Trust II Procure Space didn’t make the cut
Grab the names FREE today. $10,000 parked in the Procure Space ETF (NYSEARCA:UFO) on May 29, 2025 at $24.64 was worth roughly $26,500 twelve months later, and most of that move happened in the last four months. UFO closed last Friday at $65.31, up 69% year to date and 165% over the trailing year. The SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is up 11% YTD over the same window.
Almost no one outside the small space-investing corner of the internet was talking about UFO until Benzinga ran a piece on May 29 noting the fund had just crossed $1 billion in AUM. The arithmetic, without the cherry picking Pick any window and UFO has been laundering risk into return. Year to date, the fund went from $38.65 on December 31, 2025 to $65.31 on May 29, 2026.