| Ticker | Status | Jurisdiction | Filing Date | CP Start | CP End | CP Loss | Deadline |
|---|
| Ticker | Case Name | Status | CP Start | CP End | Deadline | Settlement Amt |
|---|
| Ticker | Name | Date | Analyst Firm | Up/Down | Target ($) | Rating Change | Rating Current |
|---|
The brand new ARK Space Exploration & Innovation ETF (BATS:ARKX) has gotten a lot of headlines this week. The new Space ETF is off to a lackluster start, trading mostly flat so far in its first two days on the market.
The top three holdings of the ARKX ETF are Trimble Inc (NASDAQ:TRMB), 3D Printing Etf (BATS:PRNT) and Kratos Defense & Security Solutions, Inc (NASDAQ:KTOS). ARKX investors likely see space travel technology as an exciting new investment frontier, but the new ARK ETF isn’t the first space technology ETF.
Related Link: Bitcoin ETF Proposals: The SEC's Long History Of Rejections
ROKT And UFO Returns: The SPDR S&P Kensho Final Frontiers ETF (NYSE:ROKT) launched back in October 2018. Since that time, the fund has generated a total return of 38.1%, lagging the 50.4% total return of the SPDR S&P 500 ETF Trust (NYSE:SPY) over that stretch. The top three holdings of the ROKT ETF are Aerojet Rocketdyne Holdings Inc (NYSE:AJRD), Maxar Technologies Inc (NYSE:MAXR) and Boeing Co (NYSE:BA).
The Procure Space ETF (NASDAQ:UFO) also launched in April 2019. Unfortunately for UFO investors, the fund has also lagged the S&P 500 since its inception. The UFO ETF has generated just a 14.5% total return compared to a 42% total return by the SPY. The fund’s top three holdings are SKY Perfect JSAT Holdings Inc., Eutelsat Communications SA (OTC:EUTLF) and Garmin Ltd. (NASDAQ:GRMN).
Benzinga’s Take: The bad news for ARKX investors is that the other two space funds haven’t performed particularly well, lagging the S&P 500 as a whole. The good news is that the three space ETFs clearly have very different holdings, and Cathie Woods’ other ARK ETFs have performed extremely well in recent years.
(Photo: Greg Rakoxy via Unsplash)
Posted In: AJRD ARKX BA EUTLF GRMN KTOS MAXR PRNT ROKT SPY TRMB UFO
