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New Space ETF | SERA

Seraphim New Space UCITS ETF – Acc

Pure-play exposure to the companies building the future space economy.

Case for the New Space ETF

satellite and world icon

A new infrastructure super-cycle

Space is becoming a critical infrastructure layer for the global economy, supporting communications, navigation, intelligence, climate monitoring and security. The convergence of artificial intelligence and SpaceTech is accelerating demand for connectivity, data and computing power, while falling launch costs are unlocking new commercial applications. Together, these forces are driving the emergence of a multi-trillion-dollar opportunity.

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Pure-play new space exposure

Many existing space-themed ETFs are heavily weighted towards traditional aerospace, defence and industrial companies, diluting exposure to the growth of New Space. The Seraphim New Space UCITS ETF focuses on companies whose growth is directly linked to the commercialisation of space. The index uses a conviction-weighted approach designed to identify structural-growth winners rather than simply allocating capital according to market capitalisation.

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Venture insight, public access, built by experts

Built by Seraphim, one of the world’s most experienced specialist SpaceTech investors, the ETF combines venture-grade insight with the accessibility of a public-market investment. Seraphim’s platform spans venture capital, public markets and accelerator programmes, providing unique visibility across the global SpaceTech ecosystem and helping identify the companies shaping the future space economy.

Case for New Space

satellite and world icon

A new infrastructure super-cycle

Space is becoming a critical infrastructure layer for the global economy, supporting communications, navigation, intelligence, climate monitoring and security. The convergence of artificial intelligence and SpaceTech is accelerating demand for connectivity, data and computing power, while falling launch costs are unlocking new commercial applications. Together, these forces are driving the emergence of a multi-trillion-dollar opportunity.

rocket leaving the earth icon

New Space

Many space investments are dominated by established aerospace, defence and industrial businesses. A more focused New Space strategy may target companies whose growth is directly linked to the expanding commercial space economy, including satellite communications, Earth observation, launch services, and space-based infrastructure.

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Specialist insight into a fast-growing industry

SpaceTech is a highly specialised and rapidly evolving sector. Drawing on the expertise of experienced space investors can help identify promising companies across the ecosystem, from emerging innovators to established public businesses shaping the future of the global space economy.

As of 08.10.2026

Fund Objective

Seraphim New Space UCITS ETF (SERA) provides investors with exposure to companies building the commercial infrastructure of the global space economy. The New Space ETF focuses on high-growth New Space businesses operating across communications, connectivity, Earth observation, launch, defence, intelligence and space-enabled technologies.

Space is transitioning from a government-led endeavour into a commercial industry that underpins communications, navigation, security, climate monitoring and global connectivity. As businesses, governments and consumers become increasingly reliant on space-based infrastructure and services, the sector is emerging as one of the most compelling long-term growth opportunities in the global economy.

The New Space ETF tracks the Seraphim New Space Index, a proprietary index developed by Seraphim through a decade of specialist SpaceTech investing. Unlike many existing space-themed funds, which are heavily weighted towards traditional aerospace and defence companies, the ETF focuses on businesses whose growth is directly linked to the commercialisation of space and the expansion of the New Space economy.

Key Information

Inception Date01/09/2026
Base CurrencyUSD
Net Assets of Fund$3,722,434
TER75 bps
Replication MethodPhysical Replication
DomicileIreland
SFDR ClassificationArticle 6
ISINIE000SDZFVP4

Key Risks

Companies in the space sector may be affected, among other things, by high research and development costs, technological failure, product delays, launch failures, satellite or infrastructure malfunctions, and reliance on specialist suppliers, launch providers or government contracts. The sector may also be sensitive to changes in defence, aerospace, communications and government spending, as well as regulatory changes, geopolitical tensions, spectrum allocation, export controls and operational disruptions. Companies involved in space-related activities may face risks linked to emerging technologies, rapid innovation, product obsolescence, intellectual property rights and competition from new market entrants. Thematic ETFs are exposed to a limited number of sectors and thus the investment will be concentrated and may experience high volatility. Investors’ capital is fully at risk and may not get back the amount originally invested. Exchange rates can have a positive or negative effect on returns. The value of equities and equity-related securities can be affected by daily stock and currency market movements. Please note this is not an exhaustive list of risks. Other risks may apply. Further risks are disclosed in the KIID and Prospectus.

Sep 29 2026, 2:00pm BST

Upcoming SERA webinar

This webinar will explore the evolution of the New Space economy and the forces driving its transformation. Topics will include why space is becoming a critical infrastructure layer, the role of AI, defence, connectivity and climate intelligence in shaping the sector, the companies building next-generation space infrastructure, and the opportunities emerging across the public SpaceTech investment landscape. The session will conclude with a Q&A with Mark Boggett, CEO & General Partner at Seraphim.

SERA webinar

Fund Information

TickerSERA
Asset ClassEquities
Income TreatmentAccumulating
Rebalance FrequencySemi-Annually

Net Asset Values

As of 08.10.2026
NAV$7.16
Net assets of Fund$3,722,434
Shares Outstanding520,000
Issuer AUM$624,804,825

Fund Structure

UCITS CompliantYes
UCITS EligibleYes
ISA EligibleYes
SIPP EligibleYes
UK Fund Reporting StatusYes

Key service providers

CustodianU.S. Bank Europe DAC trading as U.S Bank Depositary Services Limited
Portfolio ManagerVident Advisory, LLC
IssuerHANetf II ICAV

Registrations

austria Flag Austria
denmark Flag Denmark
finland Flag Finland
france Flag France
germany Flag Germany
ireland Flag Ireland
italy Flag Italy
luxembourg Flag Luxembourg
netherlands Flag Netherlands
norway Flag Norway
sweden Flag Sweden
uk Flag United Kingdom

Listings & Codes

ExchangeTickerRICSEDOLCCYListing Date
Borsa ItalianaSERA IMSERA.MIBVLJP30€2026-09-02
LSESERA LNSERA.LBT66T52£2026-09-02
LSESPCE LNSPCE.LBT66T41$2026-09-02
XetraS3RA GYS3RA.DEBVLJP29€2026-09-02
Exchange Borsa Italiana
Ticker SERA IM
RIC SERA.MI
SEDOL BVLJP30
CCY €
Listing Date 2026-09-02
Exchange LSE
Ticker SERA LN
RIC SERA.L
SEDOL BT66T52
CCY £
Listing Date 2026-09-02
Exchange LSE
Ticker SPCE LN
RIC SPCE.L
SEDOL BT66T41
CCY $
Listing Date 2026-09-02
Exchange Xetra
Ticker S3RA GY
RIC S3RA.DE
SEDOL BVLJP29
CCY €
Listing Date 2026-09-02

Performance

NAV

Source: HANetf, data as of . Please note that all performance figures are showing net data. Performance before inception is based on back-tested data. Back-testing is the process of evaluating an investment strategy by applying it to historical data to simulate what the performance of such a strategy would have been. Back-tested data does not represent actual performance and should not be interpreted as an indication of actual or future performance. Past performance for the index is in USD. Past performance is not an indicator for future results and should not be the sole factor of consideration when selecting a product. Investors should read the prospectus of the Issuer (“Prospectus”) before investing and should refer to the section of the Prospectus entitled “Risk Factors” for further details of risks associated with an investment in this product. If fund is less than 12 months old, YTD field will be calculated since inception. When you invest in ETFs your capital is at risk.

Holdings As of 08.10.2026

No. of holdings: 23

NameWeight
SERAPHIM SPACE INVESTMENT TR13.36%
SPACE EXPLORATION TECHN-CL A9.61%
AST SPACEMOBILE INC6.65%
VOYAGER TECHNOLOGIES INC-A6.60%
BLACKSKY TECHNOLOGY INC6.27%
FIREFLY AEROSPACE INC6.25%
REDWIRE CORP6.20%
HAWKEYE 360 INC5.67%
INTUITIVE MACHINES INC4.95%
AMAZON.COM INC3.55%

SectorWeight
Industrials43.02%
Communications33.19%
Financials13.36%
Technology10.11%
Other0.31%

Methodology

The Seraphim New Space Index is designed to identify companies most exposed to the growth of the New Space economy while avoiding the dilution commonly found in broader aerospace and space-themed indices. Developed through a decade of specialist SpaceTech investing, the index combines Seraphim’s proprietary research, industry expertise and market insight to identify businesses best positioned to benefit from the commercialisation of space.

The index begins with a universe of publicly listed companies across the global SpaceTech ecosystem, with a focus on liquid US and European listed equities. Companies are assessed using Seraphim’s proprietary framework, which evaluates factors including:

  • New Space revenue exposure
  • Technology leadership
  • Growth trajectory
  • Capital efficiency
  • Business quality
  • Liquidity
  • Strategic positioning

The methodology is built around four core differentiators:

A pure-play New Space focusConviction-based weightingThematic alignmentUpside orientation

Companies must derive a substantial proportion of their revenues or strategic activity from New Space markets. Constituents are then assessed against key structural growth themes including:

  • Defence & Resilience
  • Big Tech in Orbit
  • Emerging In-Space Economy

Unlike traditional indices that allocate weight according to market capitalisation, the Seraphim New Space Index applies a conviction-based approach. Companies are assigned to tiers based on their overall assessment and weighted accordingly, providing greater exposure to businesses that Seraphim believes are best positioned to benefit from long-term structural growth. The methodology is designed to capture structural-growth winners rather than smooth them into a market-cap average.

The index is reviewed periodically to ensure it continues to reflect the evolving structure of the global space economy and can incorporate newly listed SpaceTech companies as they enter public markets.

Index Details

IndexVettaFi Seraphim New Space Index
Index CurrencyUSD
Index ProviderVettaFi
Index TickerVSERAN

Fund documents

Knowledge hub

Explore our expert-written monthly fund reports, periodic reviews, and key insights.

Press Coverage

Bank of Scotland

Seraphim launches New Space ETF

SAXO be invested

Fund Focus: Move over SpaceX, Seraphim Space has launched this new ETF to deliver investors access to growing space economy

Lloyds Bank

Seraphim launches New Space ETF

Bloomberg

Seraphim Launches New ETF to Target Pure-Play Space Investors

ETF Stream

Investment trust operator Seraphim launches space ETF

This is MONEY

Seraphim Space launches ETF to give everyday investors access to new space economy

CityWire

Seraphim Space's first ETF goes live

About Partner

Seraphim is a pioneer in SpaceTech investing and one of the world’s most experienced specialist investors in the sector. Since launching the world’s first SpaceTech venture fund in 2016, Seraphim has built a unique platform spanning venture capital, public markets and accelerator programmes, providing unparalleled access to the global SpaceTech ecosystem.

Today, Seraphim manages approximately £633 million of assets and has invested in more than 150 SpaceTech companies across 33 countries. Portfolio companies have collectively raised over $11 billion of capital, resulting in nine unicorns and six IPOs. This deep industry expertise, global network and decade of dedicated SpaceTech investing underpin the Seraphim New Space Index and the Seraphim New Space UCITS ETF.

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