#7 - Global X Uranium ETF (NYSEARCA:URA)
A uranium-focused ETF is an ideal way to invest in the uranium sector when you don’t want to invest in one particular company. With over $3.3 billion in AUM, the Global X Uranium ETF (NYSEARCA: URA) is one of the more popular uranium ETFs. The fund's AUM has nearly doubled since January 2024, and the money is coming in from both institutions and retail investors.
The fund is benchmarked to the Solactive Global Uranium Index, which is weighted by market cap. It has 50 holdings, including many of the names in this presentation. Approximately 60% of the fund’s geographic exposure is in Canada and the United States, with an additional 13% coming from Australia. URA's relatively low net expense ratio of 0.69% is appealing to investors.
About Global X Uranium ETF
The Global X Uranium ETF (URA) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-weighted index of companies involved in uranium mining and the production of nuclear components. URA was launched on Nov 4, 2010 and is managed by Global X.
- Current Price
- $29.26
- Consensus Rating
- Buy
- Ratings Breakdown
- 2 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $29.14 (0.4% Downside)
If you still need to be convinced about the growth potential for uranium stocks, consider the world's transition to renewable energy. The reality is that many renewable forms of energy aren't the “clean energy" needed for the type of net-zero pledges being made. There's a reason a nuclear production tax credit was written into 2022's Inflation Reduction Act—two years before anyone was talking about—or to—Chat GPT.
Now, with the rapid rise of AI and the increasing energy demands of data centers, hedge funds are betting big on nuclear power, pouring money into uranium stocks.
What they see is a simple case of supply and demand. The uranium supply shortages in 2024 are continuing into 2025. But demand is about to explode. And as basic economics teaches us, when the supply of any asset is cut with demand staying the same or increasing, the price of the underlying asset has only one direction to go: up.
This is why many analysts and investors believe we are at the start of a multi-year boom in uranium stocks. And with several of the stocks featured in this presentation still affordably priced, now could be the time to take a significant position with relatively little capital.
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