Space Industry ETF (RCKT) — Review & Analysis

RCKT is the first ASX-listed pure-play space economy ETF, with $49 million in assets as at May 2026 — a strong debut. Betashares launched RCKT on 12 May 2026 to capture investor interest in the commercial space economy — a sector that has grown from a government-only activity to a $500B+ private sector industry over the past decade. The management fee is 0.57% per annum — standard for thematic exposure. RCKT fills a real gap on the ASX — there has been no clean way for Australian investors to access space exposure before now.

To compare RCKT side-by-side with every other ETF on the ASX, see the full ETF directory.

RCKT holds approximately 30-40 companies across the commercial space value chain. Expected top holdings include Lockheed Martin, L3Harris Technologies, Iridium Communications, Rocket Lab, Garmin, Northrop Grumman, RTX (Raytheon), Trimble, and listed space-themed investment trusts. Geographic exposure is approximately 75% US, 15% Europe, 10% rest of world. The fund includes both space-pure-plays (launch operators, satellite manufacturers) and space-related defence and communications companies — giving you broader exposure than a narrow rockets-only basket would.

RCKT pays distributions annually. RCKT is currency-unhedged. The fund's performance will likely correlate with both commercial space growth (Starlink, satellite IoT, lunar missions) and defence spending cycles (military satellites, missile defence) — the dual driver gives the strategy more resilience than pure-commercial space exposure would.

RCKT is a thematic satellite for investors who believe the multi-decade commercial space economy is just beginning. The story is genuinely structural — global satellite launches have grown 10x since 2015 and continue to accelerate.