Interactive Tables and Charts
As of December, U.S.-listed companies comprised 82.61% of the weight of the overall index, with France in second place at 10.69%, Japan at 4.09%, the Netherlands at 2.55%, and Italy at 0.06%. Canada was no longer represented due to the removal of MDA, and Italy’s share dropped by a factor of 10 due to the removal of Avio.
Assessing the performance of the S-Network Space Index for the entirety of 2022, poor performance during the first half of the year resulted in overall losses of 26.8%. This compares with annual declines of 19.5% for the SNET 3000 and 18.3% for the SNET Global 2500, which had a slightly better first half of the year.
In the second half of 2022, the S-Network Space Index (SNET SPACE) underperformed other benchmark indexes, declining 1.7%. This compares to a 0.3% increase for the S-Network U.S.
During the global pandemic recovery, stocks for space-related companies recovered at a quicker rate than traditional stocks, as shown in this S-Network Space Index analysis.
In the fourth quarter of 2021, selected space-related stocks that were included in the S-Network Space Index for analysis did not perform as well as benchmark indexes.
In less than four years, the value of equity financing behind space-related investment increased more than fourfold.
Performance of space company stocks included in the S-Network Space Index for Q3 2021.
This chart shows how space companies included in the S-Network Space Index in Q3 2021 are represented by nation.
Virgin Galactic (-45%) had been trending upward in Q2 in anticipation of founder Richard Branson’s suborbital spaceflight as part of the first passenger flight by the company, which occurred near the beginning of Q3 on July 11. The momentary stock price peak following the successful flight, and its accompanying media fanfare, quickly disappeared as the company announced the issuance of $500 million in additional shares the following day.
At the end of Q2, U.S.-listed companies comprised 77.35% of the weight of the overall index, with France in second place at 9.94%, followed by Canada at 4.98%, Japan at 3.99%, the Netherlands at 2.62%, and Italy at 1.12%. Israel is not formally included because Gilat (4.5% of the index weight) is listed on Israeli and U.S. exchanges, and the U.S. listing is used for the index due to higher trading activity.