In 2025, global uranium demand reached 68,920 tonnes, fueling 438 operable reactors worldwide. With another 79 reactors under construction and hundreds more proposed, demand is set to climb further in the years ahead, creating opportunity for uranium miners and reactor manufacturers1
Nuclear energy is a dependable and clean power source which emits zero direct emissions: capable of generating maximum power output nearly 92% of the time.2
In a single trade, URA delivers efficient access to a basket of companies involved in mining uranium and producing nuclear components.
1World Nuclear Association. "World Nuclear Power Reactors & Uranium Requirements". April 2026.
2U.S. Office of Nuclear Energy, March 2021

| Key Information |
| Trading Details |
| Distributions |
| Taxes |
| NAV | Daily Change | |||
| Market Price | Daily Change |
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| Options Details |
| Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
|---|---|---|---|---|---|
| Exposure |
| ETF Characteristics |
| ETF Risk Stats |
| VERSUS | BETA |
|---|---|
| S&P 500 | 1.87 |
| NASDAQ-100 | 1.53 |
| MSCI EAFE | 1.52 |
| MSCI Emg. Mkts | 1.44 |
| Standard Deviation | 36.20% |
| Sector | Weight (%) | |
|---|---|---|
| Energy | 61.7 | |
| Industrials | 25.5 | |
| Utilities | 7.5 | |
| Materials | 4.5 | |
| Information Technology | 0.8 |
| NAV | $56.60 | Daily Change | -$0.87 | -1.51% |
| Market Price | $56.26 | Daily Change | -$2.00 | -3.43% |
| Return on Equity | 8.60% | |
| Weighted Avg. Market Cap | 18,558 M | |
| 2025 | 2026 | |
| Price-to-earnings | 117.21 | 48.92 |
| Price-to-book value | 4.43 | 4.03 |
Source: AltaVista Research, LLC
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 22.01 | CCO CN | CAMECO CORP | 2166160 | 118.93 | 14,725,333 | 1,751,336,682.15 |
| 7.11 | OKLO | OKLO INC | BMD78K7 | 71.83 | 7,874,666 | 565,637,258.78 |
| 6.08 | NXE CN | NEXGEN ENERGY LTD | B987K72 | 12.39 | 39,063,993 | 483,912,752.04 |
| 5.95 | UEC | URANIUM ENERGY CORP | B0VLLY2 | 15.59 | 30,376,089 | 473,563,227.51 |
| 4.62 | KAP LI | NAC KAZATOMPROM JSC-GDR REGS | BGXQL36 | 85.90 | 4,277,147 | 367,406,927.30 |
| 4.51 | EFR CN | ENERGY FUELS INC | BFV4XV7 | 23.36 | 15,354,936 | 358,689,142.69 |
| 4.10 | U-U CN | SPROTT PHYSICAL URANIUM TR | BNZKG52 | 20.18 | 16,152,310 | 325,901,241.78 |
| 3.86 | 047040 KS | DAEWOO ENGINEERING & CONSTR | 6344122 | 22.84 | 13,443,219 | 306,977,695.03 |
| 3.44 | PDN AU | PALADIN ENERGY LTD | 6668468 | 9.39 | 29,100,058 | 273,303,442.85 |
| 3.15 | 000720 KS | HYUNDAI ENGINEERING & CONST | 6450988 | 115.14 | 2,175,352 | 250,466,968.02 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
| Fund NAV | Market Price | Index | |
|---|---|---|---|
| 1 Year | 117.37% | 121.59% | 118.61% |
| 3 Years | 39.53% | 40.63% | 40.33% |
| 5 Years | 25.38% | 25.75% | 26.08% |
| 10 Years | 16.21% | 16.60% | 16.97% |
| Since Inception | -2.01% | -1.88% | -1.41% |
The Fund's investment objective and investment strategies changed effective May 1, 2018 and again on August 1, 2018. Index performance reflects the performance of the Solactive Global Uranium Total Return Index through April 30, 2018, the Solactive Global Uranium & Nuclear Components Transition TR Index through July 31, 2018, and the Solactive Global Uranium & Nuclear Components Total Return Index thereafter.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.