Global X Uranium ETF Overview and Key Investment Facts

The Global X Uranium ETF is a fund that tracks the price of uranium, a key component in nuclear power plants. It's designed to give investors exposure to the uranium market.

The ETF invests in uranium-related companies, such as uranium miners and suppliers, to track the price of the metal. This allows investors to gain exposure to the uranium market without directly holding physical uranium.

The fund has a relatively low expense ratio of 0.65%, which is lower than some other ETFs in the market. This means investors can save on fees while still getting exposure to the uranium market.

The Global X Uranium ETF is listed on the New York Stock Exchange (NYSE) under the ticker symbol URNM.

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The Global X Uranium ETF has had a varied performance over the years. Its performance since inception is -60.31%.

The ETF's performance in the current year is 0.48%, which is relatively stable. However, its 1-year high is 33.32%, indicating that it has had some significant gains.

The ETF's 1-year maximum loss is -19.58%, which is a notable drawback. Its average gain over 1 year is 7.03%, and its average loss is -9.15%.

Here are some key performance metrics for the ETF:

The ETF's trailing performance over the past year is -10.38%, which is a decline. However, its trailing performance over the past 10 years is 69.77%, a significant gain.

The ETF's risk-adjusted return over 10 years is -5.55%, indicating that it has not provided a positive return over the long term. However, its risk-adjusted return over 5 years is 12.75%, suggesting that it has provided a positive return over the medium term.

The ETF's correlation with the market over 1 year is 100.00%, indicating that it has moved in tandem with the market. However, its correlation over 5 years is 99.99%, indicating that it has been slightly less correlated with the market over the longer term.

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The Global X Uranium ETF is designed to track the performance of the Solactive Global Uranium & Nuclear Components Total Return v2 Index.

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This index measures the broad-based equity market performance of global companies involved in the uranium industry, including mining, exploration, and nuclear component production.

The ETF aims to provide investment results that correspond to the price and yield performance of the index, before fees and expenses.

The Global X Uranium UCITS ETF has a leverage of 100%, which means it aims to provide twice the return of the underlying index.

Here are some key details to keep in mind:

Let's break down the basics of ETPs. An ETP is issued by Global X ETFs ICAV. An ETP is actually an ETF, which means it's a type of investment fund traded on a stock exchange.

ETPs use a full replication method, which means they hold all the underlying securities. This is in contrast to other types of ETPs that use sampling or other methods. This full replication method can be beneficial for investors who want to track a specific index or sector.

Here are the key characteristics of this ETP:

This ETP has a relatively small number of holdings, which can be beneficial for investors who want to track a specific sector or index. The ETP is also domiciled in Ireland, which is a well-established hub for investment funds.

The objective of any investment is crucial in understanding what you're getting into. The Solactive Global Uranium & Nuclear Components Total Return v2 Index is designed to measure broad based equity market performance of global companies involved in the uranium industry.

This index focuses on companies that are engaged in uranium mining, exploration for uranium, technologies related to the uranium industry, and the production of nuclear components. The Global X Uranium UCITS ETF (URNU LN) aims to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of this index.

Here's a breakdown of the key aspects of this investment:

The Global X Uranium UCITS ETF has a leverage of 100%, which means it's fully invested in the underlying assets. This can be a double-edged sword, as it amplifies both gains and losses.

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When investing, it's essential to understand the costs involved. The ongoing charge (OCF/TER) is a significant factor to consider, with a rate of 0.65%.

The management fee is another cost to be aware of, coming in at 0.60% of your investment. This is a standard fee that many investment products charge.

In some cases, an indicative spread may also apply, which can be as high as 1.07%. This is a cost that's built into the product and can eat into your returns.

Here's a breakdown of the costs:

It's crucial to read all relevant documentation, including the Key Investor Information Document, Factsheet, Prospectus, and any other relevant documents, before investing to ensure you're aware of any additional costs that may apply.

Uranium is a promising investment opportunity due to its increasing demand for nuclear power generation in densely populated emerging economies.

The price of uranium fluctuates based on global demand, making it potentially appealing for long-term investment.

As nuclear power investment grows, so does the potential for uranium to become a valuable asset in the market.

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The Global X Uranium ETF, also known as URA, is the largest uranium-focused ETF on the market with $3.0 billion in assets under management.

Its portfolio consists of 48 stocks spanning miners, refiners, and manufacturers of equipment for both uranium companies and nuclear-facility firms. Cameco makes up 22% of the ETF's assets, while the top five holdings account for roughly two-thirds of URA's weight.

URA's holdings are almost entirely made up of international stocks, with Canada accounting for a little less than half of net assets, followed by Australia (18%) and South Korea (12%). The U.S. is weighted at just 10%.

Here's a breakdown of URA's expense ratio compared to its peers:

The Global Uranium ETF has a significant presence in the market, with a total asset value of $3.3 billion. This is a substantial amount, indicating the fund's popularity and growth.

The fund's inception date was November 4, 2010, making it a well-established investment option. It has been around for over a decade, giving investors a long history to review.

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The fund's expense ratio is 69 basis points, which is relatively low compared to other ETFs. This means that investors can expect to pay less in fees, making it a more cost-effective option.

Here's a breakdown of the top holdings in the fund:

The fund's recent close was $27.25, which is slightly lower than its 30-day moving average of $28.43. This indicates a slight dip in the fund's value over the past month.

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The Global X Uranium ETF, or URA, is the largest uranium-focused ETF on the market, with $3.0 billion in assets under management.

It's worth noting that URA's assets have soared in recent years, growing from just over $100 million in AUM during the COVID lows.

URA provides comprehensive exposure to the niche uranium industry, with a portfolio of 48 stocks spanning miners, refiners, and manufacturers of equipment for both uranium companies and nuclear-facility firms.

The top five holdings in URA make up roughly two-thirds of the ETF's weight, with the largest holding being Cameco, which accounts for 22% of the ETF's assets.

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Here's a breakdown of the top five holdings in URA:

URA's holdings are almost entirely made up of international stocks, with Canada accounting for a little less than half of the ETF's assets.

The ETF's expense ratio is 69 basis points (bp), which is lower than the average expense ratio of 50.8 bp for passive global equity ETFs.