UFO vs XAR overlap - what they share and where they differ

UFO and XAR share 17.3% of their weight across 13 common positions, read from what each fund reported to the SEC.

Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.

UFO and XAR

17.3%

13 shared positions

UFO

Procure Space ETF

Reported positions cover 99% of the fund, 49 positions · Apr 30, 2026

Top 10: 49.4%·Holdings of UFO

XAR

State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF

Reported positions cover 100% of the fund, 47 positions · Jun 30, 2026

Top 10: 30.4%·Holdings of XAR

Reported positions cover UFO 99%, XAR 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

XAR vs UFO side by side

UFOProcure Space ETF

49

stock positions reported to the SEC

73.5% of its weight is in 36 names XAR does not hold

XARState Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF

47

stock positions reported to the SEC

76.1% of its weight is in 34 names UFO does not hold

Where each fund's weight sits

UFO
XAR
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Industrials
35.6%
66.0%
Communication Services
26.8%
0.0%
Technology
14.4%
15.4%
Basic Materials
0.0%
15.1%
Healthcare
4.2%
0.5%

The widest gap is Industrials: XAR has 30.4 points more of it.

The figures side by side

UFOXAR
Filing dateApr 30, 2026Jun 30, 2026
Stock positions reported4947
Weight of the ten largest49.4%30.4%
Largest positionPL 6.2%VSEC 3.4%
Held alone36 positions, 73.5%34 positions, 76.1%
Covered by stock positions99%100%

Holdings they share

StockIn UFOIn XARCounted
RKLBRocket Lab Corp5.02%2.49%2.49%
BABoeing Co/The2.33%2.67%2.33%
LUNRIntuitive Machines Inc3.46%2.08%2.08%
LHXL3Harris Technologies Inc1.86%2.47%1.86%
RTXRTX Corp1.80%2.75%1.80%
LMTLockheed Martin Corp1.65%2.50%1.65%
NOCNorthrop Grumman Corp1.63%2.42%1.63%
FLYFirefly Aerospace Inc3.87%0.95%0.95%
RDWRedwire Corp0.89%1.60%0.89%
KRMNKarman Holdings Inc0.56%2.80%0.56%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in UFO

PLPlanet Labs PBC6.16%
VSATViasat Inc5.90%
GSATGlobalstar Inc5.28%
SIRIUS XM HOLDINGS INC5.05%
ECHOEchoStar Corp4.76%
IRDMIridium Communications Inc4.50%
GRMNGarmin Ltd4.43%
TRMBTrimble Inc4.24%
MDAMDA Space Ltd4.10%
SESSES SA4.00%

Only in XAR

VSECVSE Corp3.40%
AXONAxon Enterprise Inc3.22%
SAROStandardAero Inc3.11%
FTAIFTAI Aviation Ltd3.08%
CRSCarpenter Technology Corp3.04%
GENERAL ELECTRIC CO3.02%
WWDWoodward Inc2.98%
HEIHEICO Corp2.86%
MOG.AMoog Inc2.86%
TDGTransDigm Group Inc2.83%

Questions people ask

Is UFO the same as XAR?

17.3% of their weight sits in the same 13 holdings. UFO also reports PL, VSAT, GSAT, which the other does not. XAR also reports VSEC, AXON, SARO, which the other does not.

How is the overlap between UFO and XAR measured?

For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 99% of UFO and 100% of XAR, so the number cannot exceed the smaller coverage.

Which holds more, XAR or UFO?

UFO reports 49 stock positions and XAR reports 47. 73.5% of UFO's weight sits in names XAR does not hold, and 76.1% of XAR's weight in names UFO does not hold. The ten largest positions are 49.4% of UFO and 30.4% of XAR.

How do UFO and XAR differ by sector?

The widest gap is Industrials: XAR has 30.4 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.

Where do the numbers come from?

From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.

Add a third fund in the tool·All fund pairs

Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.