Space economy
The space economy: satellite companies (SES, Iridium), rocket and launch providers, defense aerospace, ground equipment makers. Tiny fund, smaller companies, big bets on a not-yet-mature industry.
Returns shown in USD (your base currency). Past performance is not a reliable guide to future results.
- Pure exposure to a long-term emerging industry
- Mix of established defense and small space startups
- Government and defense spending tailwind
- Small and illiquid: wider bid/ask spreads
- Most holdings unprofitable or speculative
- High fees (0.75%) for a narrow theme
About this fund
Tracks the S-Network Space Index. About half the fund is in companies where space is a primary business; the rest is broader aerospace/defense exposure. Concentrated and small in size - bigger price swings.
Available on Interactive Brokers
Low-cost access to Space economy and 10,000+ funds worldwide.
Frequently asked questions
Is YODA.L accumulating or distributing?
Procure Space UCITS ETF (YODA.L) is an accumulating ETF, so its dividends are reinvested automatically inside the fund instead of paid out as cash. The value compounds in the share price, which keeps things simple since the dividends are reinvested for you instead of arriving as cash you would otherwise have to reinvest yourself.
What is the annual fee (TER) for YODA.L?
YODA.L has a total expense ratio (TER) of 0.75% per year. On a $10,000 holding that is roughly $75 a year, charged inside the fund rather than billed to you separately. A lower fee leaves more of the return compounding for you over time.
Can I buy YODA.L on Interactive Brokers?
Yes. YODA.L trades on LSE, USD and is available to investors worldwide through Interactive Brokers (IBKR). IBKR is the most popular way to buy UCITS ETFs because of its low FX conversion cost (around 0.03%) and low trading commissions.
What does YODA.L invest in?
Procure Space UCITS ETF (YODA.L) tracks the S-Network Space. The space economy: satellite companies (SES, Iridium), rocket and launch providers, defense aerospace, ground equipment makers. You buy one fund and get the whole basket in a single trade.
Is YODA.L a UCITS ETF, and where is it domiciled?
Yes, YODA.L is a UCITS ETF domiciled in Ireland. For non-US investors, Irish-domiciled UCITS ETFs are usually preferred over US-domiciled ones: US dividend withholding tax is 15% under the tax treaty (versus 30% on US-domiciled funds for many non-US investors), and the holdings sit outside US estate tax.
How risky is YODA.L?
On the TickerCompare 1 to 5 scale, YODA.L is rated higher risk (5/5), based on how much its price has moved historically. Higher-risk funds can fall further in a downturn, so match the choice to your time horizon and how much volatility you can stomach.