An actively managed ETF: Roundhill's managers pick companies earning at least half their revenue or profits from space and related technology.
MARS, the Roundhill Space & Technology ETF, is a $46 million ETF whose main story is the orbital economy.
The narrative it carries
Its main narrative, at 0.5 of its exposure.
The orbital economy →
Launch, satellites and the space companies around SpaceX, now that it trades publicly.
The band is where this narrative’s level sits among the 22 this week. QUIET means less talked about, not falling.
| # | ETF | SHARE | ASSETS | 1 YEAR | COST |
|---|---|---|---|---|---|
| 1 | NASA | 39.2% | $1.33bn | – | – |
| 2 | UFOX | 22.5% | $875.0m | +39.8% | 0.30% |
| 3 | UFO | 19.7% | $535.8m | +15.2% | 0.75% |
| 4 | ARKX | 13.6% | $737.1m | +9.8% | 0.75% |
| 5 | WARP | 1.6% | $42.9m | – | 0.50% |
| 39 other ETFs | 3.4% |
Share is each ETF’s slice of the capital carrying this narrative. 1 year is market price total return; cost is the expense ratio. See all 44 ETFs on the narrative page →
Also carries: The AI compute core →
The chips, memory and data centers AI runs on, and the big technology companies that build and buy them.
FRI OCT 2MARKET PRICE TOTAL RETURN
| 1M | 3M | YTD | 1Y | 3Y* | 5Y* | |
|---|---|---|---|---|---|---|
| MARS | +4.3% | −17.3% | – | – | – | – |
| The orbital economyits narrative | +6.6% | −9.9% | +16.9% | +18.1% | +38.0% | +13.5% |
| The marketbroad US ETFs | +0.8% | +2.6% | +14.6% | +16.8% | +22.9% | +12.9% |
1M, 3M, 1Y, 3Y, 5Y: one month to five years. YTD: year to date. * A year, annualised. A dash means the ETF has not traded for the whole period. Since it started trading on March 5, 2026: +4.6%.
$10,000 invested March 31, 2026
Total return on the market price, with each distribution reinvested on its ex-date. Not the NAV return the issuer publishes; the two differ when the ETF trades above or below the value of its holdings. The narrative is the asset-weighted return of the unlevered ETFs that carry it. The market is the asset-weighted return of broad US index ETFs. Past performance is no guarantee of future results.
FRI OCT 2MARKET PRICE TOTAL RETURN
MARS has traded for less than a year, so how it moves against the market is not shown yet.
Risk
Cost against its peers
MARS is the 6th cheapest of 11 ETFs in the orbital economy. The dashed line is the middle of the group, 0.75% a year.
How it is built
An unlevered long ETF that owns its holdings directly. It counts toward Share of Narrative.
Narrative exposure
Second narrative: read in the ETF’s own filing.
Common questions
What story is MARS selling?
MARS’s main story is the orbital economy, which covers launch, satellites and the space companies around SpaceX, now that it trades publicly. Its second is the AI compute core.
Run an ETF in the orbital economy? StoryVector shows issuers where their ETFs stand against the closest rivals, every week.
Request a pilot