ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Active ETF
    • Alternatives
    • Beyond Basic Beta
    • China Insights
    • Climate Insights
    • Commodities
    • Core Strategies
    • Crypto
    • Disruptive Technology
    • Dividend
    • Dual Impact
    • Emerging Markets
    • Energy Infrastructure
    • ESG
    • ETF Building Blocks
    • ETF Education
    • ETF Strategist
    • Fixed Income
    • Free Cash Flow
    • Future ETFs
    • Global Diversification
    • Gold/Silver/Critical Minerals
    • Innovative ETFs
    • Institutional Income Strategies
    • Leveraged & Inverse
    • Managed Futures
    • Market Insights
    • Megatrends
    • Modern Alpha
    • Multi-Asset
    • Night Effect
    • Portfolio Strategies
    • Retirement Income
    • Richard Bernstein Advisors
    • Tax Efficient Income
    • Thematic Investing
    • Volatility Resource
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
    • ETF Data for Journalists
    • ETF Nerds
  • Research
    • First Bitcoin ETF
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF Trends on Videos
    • ETF Trends on Podcasts
    • ETF Prime Podcast
  • Company
    • About Us
    • Swag Store
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Space Investing Above and Beyond Tourism
News
Share

Space Investing Above and Beyond Tourism

Evan HarpDec 14, 2021
2021-12-14

When it comes to investing in space, space tourism tends to get the most attention. The real superstar, however, is satellites.

There’s no doubt that space tourism gets a lot of buzz. Yesterday, Time magazine named SpaceX founder Elon Musk as the Person of the Year. However, it’s important to remember that SpaceX and Blue Origin are kept alive primarily by investments from their wealthy founders and government subsidies. These companies may be exciting — they certainly tap into the human imagination — but in reality, the real returns in space investing come from the humble satellite, which does everything from tracking weather, assisting our ability to navigate the world, enhancing our ability to communicate, and beaming TV or radio into our homes.

When people think of space, Comcast, Dish, and AT&T aren’t typically the first things that jump to mind, but those are the kinds of firms that truly drive space-related investing through their work with satellites. The largest holding of the Procure Space ETF (UFO B) isn’t a space tourism company, but Sirius XM Holdings Inc (SIRI) at 5.7%. Though it’s true that UFO also holds Virgin Galactic, the lion’s share of its $110.7 million in AUM isn’t going to space tourism — its going to companies that generate revenue from space and interact with our daily lives in ways that we don’t always fully consider.

Space ETF Total Return

Content continues below advertisement

Space Is Everywhere on Earth

Chances are, you probably don’t even realize how frequently your life is impacted by satellites.

Credit cards and electronic payments were already on the rise prior to the pandemic, but concerns about how COVID is spread led to a large pivot away from cash transactions. Satellites are what make that possible. When you tap your bank card on a merchant’s POS machine, a satellite link is established between your bank and the business.

The food that you eat is likely grown with the assistance of satellites, as satellite imagery is used by farmers to determine the best irrigation times and techniques for their crops. Robbie Schingler, cofounder and chief strategy officer of satellite data company Planet Labs said in an interview with McKinsey, “There are a lot of examples from agriculture, which is our largest market. By adding our data to agriculture platforms, farmers can understand when they should cultivate certain crops, how much fertilizer to apply, and what types of crops are growing. The data also helps them understand supply-chain issues. One agricultural customer increased crop productivity by 10 percent by monitoring its entire growing area. That’s huge in a commodity market.”

Every time you check the weather before heading outside, it is a satellite that has made the forecast possible. When you’ve entered your destination on your phone, it is a satellite that has made that navigational tool possible.

Satellites are also key players in the internet of things.

The Procure Space ETF is an excellent way for investors to get exposure to space-based companies and satellite-focused companies that will no doubt continue to grow as technology advances and possibilities expand.

For more news, information, and strategy, visit ETF Trends.

» Popular Pages

  • Tickers
  • Articles

Feb 08

Exchange and Junior Achievements Build Community

Feb 08

China's Aggressive Clean Energy Stance Sets Up This ETF

Feb 08

Earnings, the Economy, and the Market’s Reality

Feb 08

California’s Aggressive Climate Measures Puts this ETF in Play

Feb 08

As Financial Companies Embrace Blockchain, Look at BLKC

Feb 08

Get Exposure With This ETF as Industries Rely on AI

Feb 08

The 2023 Case for Diversification, China, and FLCH

Feb 08

What ESG Packaging Says About ESG Investing

Feb 08

What's Next as Crypto Takes an Early February Breather

Feb 08

Don’t Sleep on Nationwide's Risk-Managed ETFs' Yield

QQQ

Invesco QQQ Trust

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

VGT

Vanguard Information...

SMH

VanEck Semiconductor ETF

XLK

Technology Select Sector SPDR...

VTI

Vanguard Total Stock Market...

SOXX

iShares Semiconductor ETF

BLOK

Amplify Transformational Data...

META

Roundhill Ball Metaverse ETF


Content continues below advertisement

Loading Articles...
Help & Info
  • Contact Us
Tools
  • ETF Screener
  • ETF Analyzer
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Performance Visualizer
  • ETF Database Model Portfolios
  • ETF Database Realtime Ratings
  • ETF Database Pro
More Tools
  • ETF Launch Center
  • Financial Advisor & RIA Center
  • ETF Database RSS Feed
Explore ETFs
  • ETF News
  • ETF Picks of the Month
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Best ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Legal
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.
Follow ETF Database
Follow ETF Database

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X