Roundhill Launches MARS ETF with 10.33% Rocket Lab, 9.99% AST SpaceMobile and 8.99% EchoStar
Roundhill has launched a new pure-play space ETF named MARS with 23 holdings, including 10.33% in Rocket Lab, 9.99% in AST SpaceMobile and 8.99% in EchoStar. It overlaps seven of Procure Space ETF’s top 10 holdings but weights its top three positions more heavily, intensifying competition for UFO’s assets.
1. Launch of Roundhill Space & Technology ETF
Roundhill introduced the MARS ETF on Thursday as its first pure-play space and technology fund. The actively managed vehicle targets companies driving commercial-scale space infrastructure and exploration, with an initial roster of 23 names reflecting exposure to launch services, satellite operators and supporting technologies.
2. Top Holdings and Weightings
At launch, MARS allocates 10.33% to Rocket Lab, 9.99% to AST SpaceMobile and 8.99% to EchoStar, with the top three holdings comprising nearly 29.3% of assets. The full top 10 also includes Planet Labs, Globalstar, Viasat, OHB SE, SKY Perfect, MDA Space and Intuitive Machines.
3. Comparison with Procure Space ETF
MARS shares seven of the top 10 holdings with the Procure Space ETF (UFO) but assigns significantly higher weights to its top three positions. This reweighting could divert inflows and investor attention from the Procure fund as competition for core space names intensifies.
4. Space Economy Growth Outlook
The global space economy is projected to grow from $630 billion in 2023 to $1.8 trillion by 2035, driven by commercial satellite deployments, launch services and government support. Roundhill views this trajectory as a catalyst for investor demand in dedicated space-themed products like MARS.