
Global X Space Tech Index ETF: A New Growth Story

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Global X has launched a new ETF focused on commercial growth opportunities in the space sector, the Global X Space Tech Index ETF (TSX:ORBX)(NASDAQ:ORBX). With the space market projected to reach $1 trillion by 2034, this ETF targets companies involved in the commercialization of space, including technologies and satellite communications. It features a concentrated portfolio with innovators like Rocket Lab and Planet Labs, and has a management fee of 0.49%. This fund offers growth investors a diversified option within a niche sector, reducing risks associated with individual stock selection.
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