FR:STAR ETF Price & Analysis

iShares Space Technologies UCITS ETF (FR:STAR) is a sector-focused, thematic equity fund that gives investors direct, concentrated exposure to the global commercial space economy — specifically companies involved in satellites, satellite services and data, and unmanned aerial vehicles (drones). The fund seeks to deliver total return (capital growth plus income) by tracking the STOXX Global Space Satellites and Drones Index, which is composed of listed firms whose core activities and revenues are linked to satellite systems, launch and ground infrastructure, payload manufacturing, satellite-enabled communications and earth-observation services, as well as drone design, manufacturing and operational services. Classified in the Broad Thematic niche, STAR is designed for investors who want targeted participation in the secular growth trends driven by expanding satellite broadband, remote sensing and autonomous systems across telecoms, defence, agriculture, logistics, mapping and IoT applications. As a UCITS ETF, it provides a regulated, liquid vehicle for this specialized theme and is an accumulating share class in US dollars (Accum USD), meaning dividends or income received by the underlying holdings are retained and reinvested into the fund rather than paid out. The fund’s universe spans companies across geographies and market-cap sizes that derive a meaningful portion of their business from space- and drone-related activities, offering multi-stage exposure across the value chain from component makers and launch-service providers to operators and data-analytics businesses. Investors should expect a concentrated, sector-driven portfolio with the growth potential and higher volatility typical of thematic technology and aerospace exposures, making STAR suitable as a tactical or diversified thematic allocation within a broader investment strategy.