Tema Space Innovators ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of May 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About NASA
TheFund is an actively managed exchange-traded fund (“ETF”) that under normal circumstances seeks to achieve its investmentobjective by investing at least 80% of its net assets, which include borrowings for investment purposes, in domestic and foreign,common and preferred stocks of publicly listed companies that are engaged in “space-related business”. Acompany is engaged in “space-related business” if at least 50% of their annual revenue is related to products or servicesperforming any kind of function that is carried out by hardware, software or humans physically located in space. Examples of a“space-related business’ include space exploration (including design of commercial space crafts, space tourism, scientificresearch or delivery of equipment or cargo to space); rockets and propulsion systems (including products and services directlyrelated to space vehicle systems or equipment, space pay-load, or other materials and equipment used to build space crafts orother vehicles used in space); satellite equipment and communications solutions (including systems and software for satellite-basedcommunication) and other satellite equipment (including satellite equipment, systems or software for areas such as research, earthobservation, space imaging or GPS); orbital and suborbital platforms for launching, servicing and operating rockets, satellites,and systems in space; operating, deploying and maintaining any form of space system from launch vehicle to satellites; and softwareand data collected from space and used for imagery or intelligence purposes. The definition also includes companies whose productsand services are used wholly on earth but have an intricate link to space. For example, companies in the global positioning system(GPS) navigation system business. TheFund may also invest in companies where a space-related service or product plays a significant role in the generation of revenuesbut is less than 50% of the annual revenue. An example of this is an aerospace or defense company that manufactures systems andhardware involving space but does not derive more than 50% of its annual revenue from said “space-related business”. “Space”is defined as the region beyond Earth’s atmosphere, generally considered to begin at an altitude of approximately 100 kilometers(62 miles) above mean sea level (the ‘Kármán line’), including Earth orbit and cislunar space. Thisdefinition is supported by international aeronautics standard bodies and other organizations such as the Federation AeronautiqueInternationale. Theterm “Innovators” refers to companies that the Adviser believes are engaged in the development, advancement, or commercializationof new or emerging technologies, products, services, or business models related to space-related business. The Adviser’sdetermination of whether a company is an “innovator” is based on qualitative and quantitative factors, which may include,but is not limited to, the company’s research and development activities, intellectual property, capital investment in newtechnologies, and the extent to which its products or services contribute to the evolution of the space economy. The term “Innovators”is descriptive in nature and does not require that a company be newly formed or that innovation constitute a specific percentageof the company’s revenues. TheAdviser believes that in the future, additional companies engaged in other space-related businesses will emerge. These businesseswould include space related scientific research, space colonization/infrastructure; space resource exploration/extraction; space-basedmilitary/defense systems; expanded space tourism, including transportation and hospitality; and space technologies that enablethe space economy. TheFund’s portfolio generally is expected to consist of more than 15 companies but not more than 100 companies. The numberof portfolio companies may change depending on the number of companies available for investment that meet the Fund’s criteria. TheFund will invest in micro-, small-, medium- and large capitalization companies. The Fund generally will invest in companies thathave a market capitalization of at least $100 million and there is no upper limit on the market capitalization of a portfoliocompany. The Fund generally invests in companies that have at least a three-month average daily traded value of at least $500,000. Asignificant portion of the Fund’s assets are expected to be invested in the United States and Canada. The Fund may investup to 25% of its assets in securities of companies located in emerging markets, as defined by Morgan Stanley Capital International(MSCI) categorization. MSCI defines emerging markets, as opposed to developed markets, as countries with lower-to-middle incomelevels that meet specific criteria for market size, liquidity, and accessibility to international investors. Currently, MSCI deemsthe following countries to be emerging markets: Brazil, Chile, Colombia, Mexico, Peru, Czech Republic Egypt Greece Hungary KuwaitPoland, Qatar, Saudi Arabia, South Africa, Turkey, UAE, China, India, Indonesia, South Korea, Malaysia, Philippines, Taiwan andThailand. TheFund may also invest in depositary receipts of foreign corporations. TheFund may invest, to the extent permissible under applicable law, in privately placed or restricted securities (including Rule144A securities, which are privately placed securities purchased by qualified institutional buyers), illiquid securities and securitiesin which no secondary market is readily available, including those of private companies. Issuers of these securities may not havea class of securities registered, and may not be subject to periodic reporting. TheFund will not engage in currency hedging and is expected to own foreign currency for short periods of time for the purposes ofbuying and selling non-US listed securities and collecting dividends and/or coupon payments from those securities. TheFund relies on the professional judgment of its Adviser to make decisions about the Fund’s portfolio investments. Thebasic investment philosophy of the Adviser is to seek to invest in companies within the aforementioned thematic universe thatare attractively valued when compared to their fundamentals and growth opportunities. The Adviser’s security selection processfor identifying companies within the aforementioned theme uses both “top down” idea generation (sector, theme, companyresearch) and “bottom up” security selection (valuation, fundamental, quantitative, qualitative measures) approaches. Inpractice “top down” idea generation means fundamental sector research, quantitative tools (for example screening basedon metrics such as five-year historic revenue growth, margins, or returns on invested capital) and the Adviser’s own expertise,are used to narrow down the specific thematic research universe. Oncethis is defined “bottom up” security analysis involves the Adviser comparing valuation multiples (such as free cashflow yield, price to book ratio and price to earnings ratio or enterprise value to total invested capital, among others) to fundamentalmetrics (such as organic revenue growth, margins, returns on invested capital and equity, among others). Investments are deemedattractively valued when compared to fundamentals if the valuation multiples are below and fundamentals are above either (1) peers(2) the companies own historic averages (3) or prospective forecasts (as determined by the Adviser). Buttressing this is a detailedfundamental research profile of each company assessing business model, competitive edge, management incentives and track record,and balance sheet. TheAdviser integrates environmental, social and corporate governance (“ESG”) considerations into its investment analysis.This is in support of both the objective of maximizing return and the broader analysis of risks associated with individual companies.The Adviser, however, does not use ESG considerations to limit, restrict or otherwise exclude companies or sectors from the Fund’sinvestment universe. ESGfactors in this context include, but are not limited to, the impact on or from climate change, natural resource use, waste managementpractices, human capital management, product safety, supply chain management, corporate governance, business ethics and advocacyfor governmental policy. Aspart of its investment analysis the Adviser will consider the following, which form part of a holistic assessment of each individualinvestment opportunity that itself determines selection of the highest conviction securities into the portfolio that the Adviserbelieves represent the best risk reward for investors: ● The Adviser, as part of its company assessment, will look closely at any material non-financial and ESG related risks that might significantly impair the future financial performance of the company. Such risks will be given equal prominence in analysis to any financial only risks. ESG considerations may not be applicable to all types of instruments or investments. ● Where deemed appropriate the Adviser may engage with companies directly on issues, either through meetings or in written form. This includes but is not limited to improving governance practices, aligning management incentives, and increasing transparency of ESG practices. Inmaking these considerations the Adviser will use both internal and external data sources and analyses including, but not limitedto, those provided by companies directly or by third parties. These considerations also inform monitoring of existing positions. TheFund will concentrate (i.e., invest more than 25% of its total assets) its investments collectively in the following industries:communications, industrials, information technology and materials. The Fund will invest a significant amount of its total assetsin the aerospace and defense sector. TheFund may invest in foreign securities listed on foreign exchanges as well as American Depositary Receipts (“ADRs”)and Global Depositary Receipts (“GDRs”). TheFund is classified as a “non-diversified” investment company under the 1940 Act which means that it may invest a highpercentage of its assets in a limited number of issuers. TheFund may engage in securities lending. TheFund may lend portfolio securities to certain borrowers, provided that the borrowers post collateral at least equal to the currentmarket value of the securities loaned. The Fund receives the value of any interest earned on the collateral as well as the cashor non-cash distributions paid on the loaned securities.
NASA News
- Saitech Inc. Awarded NASA SEWP VI Category A Contract in 2026
- Saitech Inc. Awarded NASA SEWP VI Category A Contract in 2026
- Intuitive Machines, Inc. Q2 2026 Earnings Call Summary
- Mike Fincke Retires From NASA After ISS Medical Evacuation Left His Final Mission Unexplained
- Both Events Happened: August 12 Delivered First Eclipse-Perseid Coincidence in 21st Century
- KULR Technology Group Reports Second Quarter 2026 Financial Results
- MoonHacker Platform Turns NASA's 60-Year Moon Archive Into Commercial Mission Intelligence
- Ruby-Forming Corundum Found on Mars for First Time in Rocks That Shouldn't Contain It
- NASA lunar program shutdown triggers layoffs at space contractor: ‘One of the most difficult decisions’
- NASA lunar program shutdown triggers layoffs at space contractor: ‘One of the most difficult decisions’
- NASA lunar program shutdown triggers layoffs at space contractor: ‘One of the most difficult decisions’
- NASA lunar program shutdown triggers layoffs at space contractor: ‘One of the most difficult decisions’
Data for NASA is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.