GALX vs UFO: which is really different?

GALX and UFO hold 30% of their weight in the same names. VistaShares Space Supercycle ETF and Procure Space ETF.

13.5%
GALX in the S&P 500
35.9%
UFO in the S&P 500
−1.9%
GALX total return, since launch
+19.0%
UFO total return, 1 year
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

UFO · 1 year to Sep 30, 202664% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of UFO's weight is in S&P 500 companies and 64% is outside the index36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 49% of the fund · 64 holdings filed Jul 31, 2026 · Nasdaq-100: 1% in64% of its weight is outside the S&P 50036% of UFO's weight is in S&P 500 companies and 64% is outside the index36%64%inoutside the S&P 500active share 99% · top ten 49% of the fund

36% of UFO's weight is in S&P 500 companies and 64% 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, GALX and UFO hold 30% 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 Apr 30, 2026 and Oct 1, 2026.

half

30% in common

Positions both hold, largest shared weight first
Holding GALX UFO
Rocket Lab Corp 4.25% 5.06%
MDA Space Ltd 3.87% 4.13%
AST SpaceMobile Inc 2.98% 3.56%
Firefly Aerospace Inc 2.24% 3.90%
L3Harris Technologies Inc 1.76% 1.88%
Avio SpA 3.33% 1.30%
Gilat Satellite Networks Ltd 2.93% 1.29%
Viasat Inc 1.07% 5.94%
Intuitive Machines Inc 1.02% 3.48%
EchoStar Corp 1.01% 4.79%
RTX Corp 0.97% 1.82%
Redwire Corp 1.15% 0.89%
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%
Filtronic PLC 2.99%
Only in UFO
Planet Labs PBC 6.21%
Globalstar Inc 5.32%
Sirius XM Holdings Inc 5.08%
Iridium Communications Inc 4.53%
Garmin Ltd 4.46%
Trimble Inc 4.27%
SES SA 4.03%
SKY Perfect JSAT Corp 3.52%

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

30% 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
WindowGALXUFOGALXUFOGALXUFO
3 monthsnot published−15.7%not published−18.2 ptsnot published−17.8 pts
6 monthsnot published−8.4%not published−25.4 ptsnot published−35.3 pts
1 yearnot published+19.0%not published+3.3 ptsnot published−4.8 pts
3 yearsnot published+160.4%not published+75.5 ptsnot published+50.5 pts
Since launch
GALX Jul 2026 · UFO Apr 2019
−1.9%+86.5%−3.7 pts−108.9 pts−6.8 pts−232.4 pts

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

On the same fields

GALX
VistaShares Space Supercycle ETF · Holds 59 stocks in space, 14% of its weight in S&P 500 companies
UFO
Procure Space ETF · Holds 64 stocks in space, 36% of its weight in S&P 500 companies
Issuer VistaShares Procure
Theme Space Space
In the S&P 500 13.5% 35.9%
Active share vs the S&P 500 99.0% 98.6%
In the Nasdaq-100 0.0% 1.1%
Holdings 59 64
Top ten, share of the fund 36.2% 48.5%
Expense ratio 0.75% 0.75%
Fee for the differing part 0.76% 0.76%
Total return, 1 year −1.9% (since launch on Jul 16, 2026) +19.0%
vs the S&P 500 −3.7 pts +3.3 pts
vs the Nasdaq-100 −6.8 pts −4.8 pts
Below its high −13.0% −37.5%
Net assets $3m $587m

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

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.

UFO in plain words

By weight, 36% of UFO'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 48% of the fund across 64 positions, as filed for Apr 30, 2026. Over the year to Sep 30, 2026 the fund returned +19.0% with distributions reinvested against +15.7% for the S&P 500, so a holder was ahead by 3.3 pts. It sits 37.5% below its all-time high of May 28, 2026.

Questions people ask

Do GALX and UFO hold the same stocks?
By their latest filings, 30% 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, GALX or UFO?
GALX has 14% of its weight in S&P 500 names and UFO has 36%, so GALX differs more from the index.
Which is cheaper, GALX or UFO?
GALX charges 0.75% a year and UFO charges 0.75%, so GALX is cheaper. Fees come from each fund's prospectus.
Cite this page

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

Open data

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