May. 22 at 2:51 PM
Morningstar: Space-related ETFs have attracted
$1.3B in new cash in the last month alone, pushing total assets under management in the embryonic segment to
$3.3B
"We tend to see this happen whenever something new and shiny appears on the scene"
$NASA has accumulated more in assets in the 7 weeks since its launch than the
$972M $UFO has in the 7 years since its debut
2/3rds of the inflows into UFO ETF have come in the last 12 months & 20% in the last month alone - UFO was labeled the worst ETF launch of the year by Morningstar in 2019 but now has posted a +49% YTD & a 1-year gain of +133.6%
$WARP &
$DIPR which debuted only a day apart at the beginning of May, together have already pulled in
$13.6M in assets
Reuters analysis of the largest holdings of the 7 existing pure-play space ETFs shows that all of them include the same 4 stocks, including
$RKLB in their top 10 holdings, & that all of them have an overlap of 50% or more in the list of their holdings
