{
 "ticker": "FSPC",
 "name": "First Trust Bloomberg Space Economy ETF",
 "issuer": "First Trust",
 "desk": "themes",
 "url": "https://etfiq.com/funds/fspc",
 "html": "https://etfiq.com/funds/fspc",
 "markdown": "https://etfiq.com/funds/fspc.md",
 "as_of": "2026-09-11",
 "verdict": "FSPC holds 51 stocks, and 73% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "27.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FSPC, already in the S&P 500: 27.2%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FSPC, active share vs the S&P 500: 98.8%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "45.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FSPC, top ten holdings: 45.3%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u22124.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "FSPC, total return, since launch: \u22124.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Sep 11, 2026",
   "as_of": "2026-09-11",
   "sentence": "FSPC, net assets: $2m (issuer page, as of Sep 11, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Jul 2, 2026",
   "as_of": "2026-09-11",
   "sentence": "FSPC, expense ratio: 0.65% (485BPOS XBRL, Jul 2, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Space",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 9, 2026",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "27.2%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "98.8%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "7.3%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "97.8%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "45.3%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "51",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "Sep 10, 2026",
   "source": "the issuer\u2019s daily file"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Mitsubishi Heavy Industries, Ltd. 5.2%, Thales S.A. 4.8%, Northrop Grumman Corporation 4.8%, Space Exploration Technologies Corp. (Class A) 4.6%, Safran S.A. 4.6%, EchoStar Corporation (Class A) 4.6%, ViaSat, Inc. 4.5%, Palantir Technologies Inc. (Class A) 4.3%, L3Harris Technologies, Inc. 4.2%, AST SpaceMobile, Inc. 3.6%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$2m",
   "source": "issuer page, as of Sep 11, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221212.0%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Jul 2, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.66%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "UFO 41%, WDGF 34%, WARP 33%, MISL 33%, MARS 30%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "Since launch",
   "Total return": "\u22124.5%",
   "S&P 500": "+1.7%",
   "Gap to S&P 500": "\u22126.1 pts",
   "Gap to Nasdaq-100": "\u22123.3 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of FSPC is in S&P 500 companies?",
   "a": "By its holdings published by its issuer for Sep 10, 2026, 27% of FSPC by weight is stocks the S&P 500 already holds. Its active share against the index is 99%, so that share is the part doing something different."
  },
  {
   "q": "What does FSPC hold?",
   "a": "51 positions as published by its issuer for Sep 10, 2026, with the top ten at 45% of the fund. The largest are Mitsubishi Heavy Industries, Ltd. at 5.2%, Thales S.A. at 4.8%, Northrop Grumman Corporation at 4.8%."
  },
  {
   "q": "Has FSPC beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 FSPC returned \u22124.5% with distributions reinvested, against +1.7% for the S&P 500, so it finished behind the index by 6.1 points."
  },
  {
   "q": "What does FSPC cost?",
   "a": "The prospectus expense ratio is 0.65% a year. Because 99% of the fund differs from the S&P 500, the fee on that differing part works out at 0.66%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}