UFO
ETFProcure Space ETF
One email when a drop — in price or in valuation — is historically rare for UFO. Otherwise we stay quiet.
Rare — pay attention.
Procure Space ETF is 39.9% off its high, 142 days in — deeper than the vast majority of its 36 recorded drawdowns. This is the kind of decline the severity score exists to flag.
Very Strong
Current Drawdown
-39.9%
Days in Drawdown
142
Avg Max Drawdown
6.5%
Avg Length
70
Drawdown Severity Score™
7.3
UFO - Price & High Water Mark
UFO - Drawdown Timeline
How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.
Procure Space ETF (UFO) Analysis: Current Drawdown Insights
Procure Space ETF is currently in a drawdown that is unusual by its own historical standards. As of 2026-11-13, the fund is trading at $40.69, which represents a 39.9% decline from its all-time high of $67.72. This drawdown has persisted for 142 days.
UFO by the numbers
- The last time UFO fell this far was the decline that began in Jun 2021. It bottomed at 50% and took 4 years to get back to its high.
- Only 2 declines since 2019 went deeper than today's 40%.
- Over the past 8 years, UFO spent 16% of trading days further below its high than it is now.
- Since 2019, UFO has fallen 20% or more 3 times, about one every 3 years, and 30% or more 2 times.
The Drawdown Severity Score™ for Procure Space ETF currently stands at 7.25. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.
New to drawdowns? Read what a drawdown is.
📜 Historical Drawdown Events
Current drawdown shown in blue. Below are 10 of UFO's larger declines from its 36 tracked pullbacks, newest first.
| Start Date | End Date | Duration | Max Depth | Start Price | Lowest Price | Recovery Price |
|---|---|---|---|---|---|---|
| 2026-06-24 | Ongoing | 142 days | -39.9% | $67.72 | $40.69 | n/a |
| 2026-04-17 | 2026-05-11 | 25 days | -9.3% | $54.63 | $49.55 | $56.23 |
| 2026-01-29 | 2026-04-02 | 63 days | -12.5% | $48.09 | $42.06 | $49.11 |
| 2025-10-10 | 2025-12-22 | 74 days | -22.0% | $40.15 | $31.33 | $40.38 |
| 2025-07-24 | 2025-08-26 | 34 days | -6.8% | $31.49 | $29.35 | $32.88 |
| 2021-06-28 | 2025-07-07 | 1471 days | -50.3% | $29.45 | $14.63 | $29.51 |
| 2021-02-16 | 2021-06-25 | 129 days | -12.4% | $29.31 | $25.66 | $29.45 |
| 2020-02-21 | 2021-01-19 | 334 days | -48.2% | $25.67 | $13.30 | $25.73 |
| 2020-01-23 | 2020-02-19 | 28 days | -9.3% | $25.42 | $23.06 | $25.53 |
| 2019-07-30 | 2020-01-03 | 158 days | -10.5% | $24.31 | $21.77 | $24.38 |
| 2019-05-15 | 2019-07-29 | 76 days | -5.8% | $24.18 | $22.79 | $24.31 |
How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).
Know the Moment Severity Changes
Since 2016, 75% of 1,141 Strong Buy and Ultra Buy alerts are in profit, up 201% on average vs 140% for the S&P 500 over the same windows (typical alert +83% vs +110%).
See every alert, losers included • Simulated, past results do not predict future results
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Or explore current drawdowns:
UFO Price History and Drawdown Data
Latest price
$40.69
High-water mark
$67.72
Current drawdown
-39.9%
Days in drawdown
142
What History Says About UFO
Procure Space ETF has dropped 5%+ from its high 10 times in its tracked history. These events lasted an average of 239 days with an average max drop of -18.7%.
The current drawdown of -39.9% has lasted 142 days, which is within the typical range for comparable events.
| Period | Max Drop | Duration |
|---|---|---|
| Jun 2021 to Jul 2025 | -50.3% | 1471 days |
| Feb 2020 to Jan 2021 | -48.2% | 334 days |
| Oct 2025 to Dec 2025 | -22.0% | 74 days |
| Jan 2026 to Apr 2026 | -12.5% | 63 days |
| Feb 2021 to Jun 2021 | -12.4% | 129 days |
| Jul 2019 to Jan 2020 | -10.5% | 158 days |
Past Strong Buy alerts for UFO
Simulated from our published thresholds, one alert per drawdown episode. Prices through Nov 13, 2026. Past results do not predict future results.
| Alert date | Level | Price at alert | Return to date | S&P 500, same window | vs S&P 500 |
|---|---|---|---|---|---|
| Nov 5, 2026 | Strong Buy | $37.21 | +9% | +3% | Beat |
| Sep 22, 2023 | Strong Buy | $16.34 | +149% | +80% | Beat |
| Mar 12, 2020 | Strong Buy | $15.51 | +162% | +231% | Lagged |
Put UFO on your shopping list
We stay quiet on normal days. One free email on the rare day Procure Space ETF falls further than it almost ever falls — the day that may be worth your attention.
Related Articles
UFO's 30% Pullback: Historical Context
Aug 18, 2026 · 5 min read
UFO's 28% Pullback: Historical Context
Aug 15, 2026 · 5 min read
ETFs in a similar drawdown
These are the tracked ETFs whose current drawdown from their prior high is closest to UFO's. Percentages are each one's current drawdown. This is a comparison list, not a recommendation.
- CHPYYieldMax Semiconductor Portfolio Option Income ETF-39.4% current drawdown
- BTCUDirexion Daily Bitcoin Bull 2X ETF-39.2% current drawdown
- VGLTVanguard Long-Term Treasury Index Fund ETF Shares-42.4% current drawdown
- BTCGrayscale Bitcoin Mini Trust ETF-45.3% current drawdown
- IBITiShares Bitcoin Trust ETF-45.4% current drawdown
- TQQQProShares UltraPro QQQ-33.9% current drawdown
ETFs that usually fall about as much as UFO
Ranked by the average size of each one's declines from a high over its tracked history. UFO's average is 6.5%. This is a comparison list, not a recommendation.
- SOXQInvesco PHLX Semiconductor ETF5.8%average decline
- BITCBitwise Trendwise Bitcoin and Treasuries Rotation Strategy ETF6.3%average decline
- HYPGolden Eagle Dynamic Hypergrowth ETF6.5%average decline
- TQQQProShares UltraPro QQQ7.0%average decline
- TECLDirexion Daily Technology Bull 3X Shares7.4%average decline
- SHProShares Short S&P5007.5%average decline
Learn More About Drawdowns
What is a Drawdown?
Definition, formula, and real examples
Biggest Drawdowns Ranked
How this asset's decline compares with the deepest in the tracked record
S&P 500 Drawdown History
Every major index decline with depth, duration, and recovery
Understanding Severity Scores
How our scoring compares to maximum drawdown
Our Methodology
Technical details behind the data
The Drawdown Severity Score
Our proprietary scoring algorithm explained
Latest Analysis
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About this data
- Source
- Adjusted daily closing prices from Yahoo Finance, so splits and dividends don't show up as drops.
- Coverage
- Apr 11, 2019 to Nov 13, 2026, about 8 years. 36 declines from a high recorded for UFO.
- Updated
- After each U.S. trading day closes. This page shows the close of Nov 13, 2026.
- How it's calculated
- A drawdown runs from a closing high to the next new high. See the methodology and how the Severity Score works.
Published by DrawdownAlerts. Historical facts only, not investment advice.