Joseph Hogue suggests UFO as a potential value play in the growing space economy, which is projected to more than double by 2040. He emphasizes that the ETF provides exposure to the entire ecosystem of space companies, including satellites, infrastructure, and emerging industries like space tourism, making it suitable for investors who haven't deeply researched individual space stocks.
“Back to our ETFs and one of the most popular lately, the Procure Space ETF to tick our UFO, holding shares of 68 companies in the space economy and up 70% over the last year.”