FSPC vs GALX: which is really different?

FSPC and GALX hold 25% of their weight in the same names. First Trust Bloomberg Space Economy ETF and VistaShares Space Supercycle ETF.

27.1%
FSPC in the S&P 500
13.5%
GALX in the S&P 500
−6.3%
FSPC total return, since launch
−1.9%
GALX total return, since launch
FSPC · since launch to Sep 30, 202673% of its weight is outside the S&P 500
73% of its weight is outside the S&P 50027% of FSPC's weight is in S&P 500 companies and 73% is outside the index27%73%in the S&P 500of its weight outside the S&P 500active share 99% · top ten 46% of the fund · 53 holdings filed Sep 30, 2026 · Nasdaq-100: 8% in73% of its weight is outside the S&P 50027% of FSPC's weight is in S&P 500 companies and 73% is outside the index27%73%inoutside the S&P 500active share 99% · top ten 46% of the fund

27% of FSPC's weight is in S&P 500 companies and 73% is outside the index

GALX · since launch to Sep 30, 202687% of its weight is outside the S&P 500
87% of its weight is outside the S&P 50014% of GALX's weight is in S&P 500 companies and 87% is outside the index14%87%inof its weight outside the S&P 500active share 99% · top ten 36% of the fund · 59 holdings filed Oct 1, 2026 · Nasdaq-100: 0% in87% of its weight is outside the S&P 50014% of GALX's weight is in S&P 500 companies and 87% is outside the index14%87%inof its weight outside the S&P 500active share 99% · top ten 36% of the fund

14% of GALX's weight is in S&P 500 companies and 87% is outside the index

ETFIQ Off-Index Score · GALX scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.0, the highest

A percentile among the 375 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it → How it is computed →

What they hold in common

By the books each fund has filed, FSPC and GALX hold 25% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated Oct 1, 2026 and Sep 30, 2026.

half

25% in common

Positions both hold, largest shared weight first
Holding FSPC GALX
Rocket Lab Corporation 3.55% 4.25%
AST SpaceMobile, Inc. 3.54% 2.98%
Space Exploration Technologies Corp. (Class A) 4.77% 2.83%
MDA Space Ltd. 2.22% 3.87%
Safran S.A. 4.75% 2.15%
L3Harris Technologies, Inc. 4.02% 1.76%
Redwire Corporation 1.10% 1.15%
ViaSat, Inc. 4.34% 1.07%
Intuitive Machines, Inc. (Class A) 1.16% 1.02%
EchoStar Corporation (Class A) 4.51% 1.01%
Firefly Aerospace Inc. 0.89% 2.24%
Kratos Defense & Security Solutions, Inc. 0.87% 1.84%
Only in FSPC
Palantir Technologies Inc. (Class A) 4.93%
Honeywell International Inc. 3.14%
Airbus SE 3.13%
Rheinmetall AG 2.96%
Indra Sistemas, S.A. 2.94%
The Boeing Company 2.81%
Leonardo SpA 2.50%
Hanwha Aerospace Co., Ltd. 2.48%
Only in GALX
MACOM Technology Solutions Holdings Inc 4.35%
AMETEK Inc 4.00%
Moog Inc 3.66%
Frequency Electronics Inc 3.50%
Teledyne Technologies Inc 3.18%
Kongsberg Gruppen ASA 3.03%
5N Plus Inc 3.01%
HEICO Corp 2.91%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

25% of the two portfolios are the same securities at the same weight.

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowFSPCGALXFSPCGALXFSPCGALX
Since launch
FSPC Jul 2026 · GALX Jul 2026
−6.3%−1.9%−8.0 pts−3.7 pts−8.7 pts−6.8 pts

FSPC and GALX over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

FSPC
First Trust Bloomberg Space Economy ETF · Holds 53 stocks in space, 27% of its weight in S&P 500 companies
GALX
VistaShares Space Supercycle ETF · Holds 59 stocks in space, 14% of its weight in S&P 500 companies
Issuer First Trust VistaShares
Theme Space Space
In the S&P 500 27.1% 13.5%
Active share vs the S&P 500 98.8% 99.0%
In the Nasdaq-100 8.1% 0.0%
Holdings 53 59
Top ten, share of the fund 45.5% 36.2%
Expense ratio 0.65% 0.75%
Fee for the differing part 0.66% 0.76%
Total return, 1 year −6.3% (since launch on Jul 9, 2026) −1.9% (since launch on Jul 16, 2026)
vs the S&P 500 −8.0 pts −3.7 pts
vs the Nasdaq-100 −8.7 pts −6.8 pts
Below its high −13.7% −13.0%
Net assets $2m $3m

FSPC and GALX on the same fields, as of Sep 30, 2026. Source: ETFIQ.

FSPC in plain words

By weight, 27% of FSPC's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 46% of the fund across 53 positions, as published by its issuer for Sep 30, 2026. Since it launched on Jul 9, 2026 the fund returned −6.3% with distributions reinvested against +1.7% for the S&P 500, so a holder was behind by 8.0 pts. It sits 13.7% below its all-time high of Aug 14, 2026.

GALX in plain words

By weight, 14% of GALX's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 36% of the fund across 59 positions, as published by its issuer for Oct 1, 2026. Since it launched on Jul 16, 2026 the fund returned −1.9% with distributions reinvested against +1.8% for the S&P 500, so a holder was behind by 3.7 pts. It sits 13.0% below its all-time high of Aug 12, 2026.

Questions people ask

Do FSPC and GALX hold the same stocks?
By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, FSPC or GALX?
FSPC has 27% of its weight in S&P 500 names and GALX has 14%, so GALX differs more from the index.
Which is cheaper, FSPC or GALX?
FSPC charges 0.65% a year and GALX charges 0.75%, so FSPC is cheaper. Fees come from each fund's prospectus.
Cite this page

ETFIQ, FSPC against GALX, data as of Sep 30, 2026. https://etfiq.com/compare/themes/fspc-vs-galx

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.