To paraphrase Arthur C. Clarke, it’s as equally fascinating to believe that we’re alone in the universe as it is to think we’re not. What used to be the domain of conspiracy theorists has now become a popular topic to discuss given the military has now acknowledged the existence of unidentified flying objects (UFOs). Perhaps these craft are the manifestations of some artificial super intelligence (ASI) checking in on us, or perhaps they’re the creators of the simulation checking in. Whatever the case may be, mankind has always looked to the skies for inspiration. These days, investors are looking to the skies for exponential returns.
Whenever we start looking at a new tech investing theme, we’ll always start by looking for exchange traded funds (ETFs). In the case of space, there are two ETFs available, with neither having meaningful assets under management (AUM).
- Procure Space ETF (UFO) – $42 million AUM
- SPDR® S&P Kensho Final Frontiers ETF (ROKT) ̵