Ark Invest’s Space ETF Posts $50M Inflows, Beats Rival by 10% Since Launch
Ark Invest’s new Space Exploration & Innovation ETF launched May 14 with $50 million in first-day net inflows and an expense ratio of 0.76%. The fund holds 35 aerospace and satellite stocks—including Boeing and Lockheed Martin—and has outperformed its closest peer by 10% since debut.
1. ETF Launch and Inflows
Ark Invest introduced its Space Exploration & Innovation ETF on May 14, attracting $50 million in net new assets on day one. This was the largest debut inflow among space-themed funds so far this year.
2. Portfolio Composition and Fees
The ETF holds 35 stocks spanning launch services, satellite operators and defense contractors, with top positions in Boeing and Lockheed Martin. It charges a 0.76% annual fee, slightly above peer averages.
3. Performance Versus Peers
Since its debut, the fund has outpaced its nearest competitor by 10%, driven by early gains in rocket manufacturer and satellite component stocks. Analysts view its concentrated lineup as a key driver of outperformance.