![]() ![]() The uranium ETF's top five holdings are rounded out with Australian production firm Paladin Energy ( PALAF) and Channel Islands-domiciled Yellow Cake, which purchases and holds uranium oxide. The third-largest weighting? The Sprott Physical Uranium Trust, which, as mentioned before, holds physical uranium. However, single-stock risk is more of a two-headed giant than it is with URA, with Cameco and Kazatomprom accounting for 14.9% and 13.3% of assets, respectively. This is another concentrated, mostly international portfolio with just 35 holdings at present. Assets under management: $538.1 millionĪs the name would suggest, the North Shore Global Uranium Mining ETF ( URNM, $84.71) is mostly focused on companies involved in uranium mining, although it also will invest in companies that hold the physical element.Learn more about URA at the Global X provider site. is weighted at just a little more than 5%. Canada accounts for half of net assets, followed by Australia (11%) and Kazakhstan (9%). And the top five holdings – which includes Kazakhstan's Kazatomprom (8.7%), the world's largest uranium producer – make up more than half of URA's weight.Īlso worth noting is that Global X Uranium ETF's holdings are almost entirely international. For one, producer Cameco ( CCJ) makes up nearly a quarter of the uranium ETF's assets. URA provides comprehensive exposure to the niche uranium industry, with its portfolio of 45 stocks spanning miners, refiners, and manufacturers of equipment for both uranium companies and nuclear-facility firms.Ĭoncentration risk is often a factor in smaller industry and thematic funds, and that's certainly the case for URA. True, it has just under $890 million in assets under management (AUM), but that's a 365% increase over the $243 million in AUM it claimed at the beginning of 2021. The Global X Uranium ETF ( URA, $26.34) is the largest uranium-focused ETF on the market. Assets under management: $886.2 million. ![]()
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