Summary
First Trust Bloomberg Space Economy ETF is an ETF - a fund traded on an exchange like a stock - run by First Trust. Positions inside: 53. The ten largest make up 45% of the fund.
- Yearly costs
- 0.65%
- Fund size
- $2.62M
- Positions
- 53
- Running since
- 2026
What speaks for it
Nothing stands out in its favour.
What to watch
- Costs of 0.65% a year are above the middle of comparable funds (0.44%).
- A young fund: it has been running only since 2026.
- A small fund with $2.62M under management; small funds get closed more often.
- It trades little: only about $23.1K changes hands a day.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.5%
- 3 months
- -2.8%
- Avg. market cap
- $177.7B
- P/E
- 24.4x
- Forward P/E
- 14.0x
- P/S
- 2.4x
- P/B
- 3.6x
- P/FCF
- 18.9x
- EV/EBITDA
- 15.2x
- Dividend yield
- 0.79%
- ROIC
- 4.7%
- ROE
- 9.5%
- Gross margin
- 25.4%
- Operating margin
- -15.6%
- Net margin
- -20.5%
- Payout ratio
- 19.4%
- Net debt/EBITDA
- 1.0x
- Beta
- 0.00
Weighted average of the 46 largest companies, which make up 96% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 NONorthrop Grumman Corp NOC 5.2%
- 2 LHL3Harris Technologies, Inc. LHX 5.0%
- 3 HOThales HO.PA 5.0%
- 4 70Mitsubishi Heavy Industries, Ltd. 7011.T 4.7%
- 5 SASafran SAF.PA 4.6%
- 6 SPSpaceX SPCX 4.4%
- 7 ECEcho Global Logistics, Inc. ECHO 4.4%
- 8 VSViasat, Inc. VSAT 3.9%
- 9 IDIndra Sistemas, S.A. IDR.MC 3.7%
- 10 RHRheinmetall AG RHM.DE 3.6%
Positions in the fund: 53. The ten largest make up 45% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 57%
- France 9.6%
- Japan 7.5%
- Spain 3.7%
- Other countries 22%
By company size
- Mega cap 7.9%
- Large cap 70%
- Mid cap 19%
- Small cap 2.9%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M.
Largest country: United States (57%). Largest size group: Large cap (70%).
What does it cost me?
Expensive- A year from $10,000
- $65.00
- Over 20 years
- $3,099
From every $10,000 invested the fund takes $65.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,099.
How has it done?
- Deepest drop
- -18%
It has traded for less than a year, too short to judge.
Does it pay dividends?
We have no record of payments from this fund.
Is it easy to buy and sell?
It trades little- Traded a day
- $23.1K
- Shares a day
- 1.3K
On an average day about $23.1K of the fund changes hands.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 24.4
- Average Bulios Score
- 53 out of 100
Weight by Bulios Fair Price
- Undervalued 24%
- Fairly valued 8.1%
- Overvalued 68%
On average the companies inside trade for 24.4 times their yearly profit. By Fair Price, 68% of the rated weight comes out as overvalued.
Counted from its largest companies (46), which make up 96% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Similar funds
Funds that hold much of the same. The overlap says how much of their weight they share with this fund.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
UF UFO Procure Space ETF | United States | 0.75% | $1.02B | +1.6% | Pays out | 46% |
AR ARMR.AX BetaShares - Global Defence ETF | Australia | 0.55% | $151.8M | -10% | Pays out | 37% |
WD WDGF WisdomTree Global Defense Fund | United States | 0.45% | $2.18M | -4.3% | Pays out | 36% |
WS WSPC WisdomTree Space Economy Fund | United States | 0.75% | $1.20M | - | - | 34% |
NA NATO.MI HanETF Future of Defence UCITS ETF | Ireland | 0.49% | $3.15B | +11% | Reinvests | 34% |
NA NATO Themes ETF Trust - Themes Transatlantic Defense ETF | United States | 0.35% | $91.1M | -4.2% | Reinvests | 33% |
