First Trust Bloomberg Space Economy ETF

First Trust Bloomberg Space Economy ETF is an exchange-traded fund that provides focused exposure to companies participating in the commercial space economy. The fund seeks to mirror the performance of the Bloomberg Space Economy Index, an equity benchmark constructed and maintained by Bloomberg Intelligence. Its portfolio spans up to 50 global companies that derive meaningful revenue from space-related activities, screened using defined revenue and thematic thresholds to ensure genuine space involvement. The ETF is organized around four key segments of the space ecosystem: space domain awareness, launch and space transportation, satellites and communications, and space data and artificial intelligence. Holdings can include businesses involved in rocket manufacturing and launch infrastructure, satellite constellations and related communications services, space-based sensing technologies, and data analytics firms that process information from orbital platforms. By concentrating on these operational segments, First Trust Bloomberg Space Economy ETF serves as a specialized vehicle for accessing the broader economic activity emerging from space infrastructure, services, and data-driven applications across defense, telecommunications, and advanced technology markets.