Space ETF Returns Climb as SpaceX Listing Hopes Lift Aerospace Funds

Space and aerospace ETFs moved to the top tier of returns as expectations grew around a future SpaceX listing, even though the company remains unlisted. According to ETF Check on Dec. 14, the best weekly performer was 1Q U.S. Aerospace Tech, which invests in U.S.-listed aerospace stocks and rose 9.41%. Key holdings also climbed: Rocket Lab gained 18.43%, Joby Aviation rose 14.27% and AST SpaceMobile advanced 12.35%. Korean space, aerospace and UAM ETFs also strengthened, supported by KAI, Korean Air and Intellian Technologies. Reports that SpaceX is preparing a New York listing increased market attention on related industries. Source: hankyung.com