Roundhill Space & Technology ETF down 4.6%, Procure Space ETF down 5.5%

The Roundhill Space & Technology ETF (MARS) and the Procure Space ETF (UFO) both experienced declines on June 12, 2026, with MARS down 4.6% and UFO down 5.5%. The drop comes amid broader market volatility and sector-specific pressures affecting space and technology-related equities.

MARS, which began trading on March 5, 2026, is an actively managed ETF that seeks exposure to the space economy. The fund has a net asset value (NAV) of $32.56 and a market price of $34.65 as of June 12. The ETF has a 0.75% expense ratio and is designed to capture growth in the space industry, which is projected to reach $1.8 trillion by 2035.

Meanwhile, UFO, which has been in operation since April 11, 2019, tracks the VettaFi Space Index and holds 53 space-related companies. As of June 11, the fund had a NAV of $56.42 and a market price of $56.90. UFO also carries a 0.75% expense ratio and has shown strong performance over the past year, with a 169.09% return as of May 31.

The recent decline in both ETFs reflects broader market dynamics and investor sentiment toward the space sector. While the long-term outlook for the space economy remains positive, short-term fluctuations are expected as the industry continues to evolve. Investors are advised to consider these movements in the context of their overall investment strategies and risk tolerance.