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We always refer to a new ETF hitting the market as a “launch.” In the case of the Tema Space Innovators ETF (NASA), April 1 served as the launchpad for what might become a popular ETF later this year. And not only because it lifted off when the Artemis II mission did.
Three weeks later, NASA the ticker is up more than 17%. That’s a more than 250% annualized return. “To the moon,” anyone? If only it were that easy.