URA


Uranium ETF

Morningstar Rating™ - Overall rating out of 110 Natural Resources funds, based on risk-adjusted returns as of 06/30/2024

Reasons to Consider URA

High Growth Potential

Uranium will likely play a key role in the global energy transition. Forecasts suggest that reactor demand could rise from an estimated 65,650 metric tonnes in 2023 to nearly 130,000 in 2040.1

Emerging Energy Opportunity

Nuclear energy is a dependable method for generating clean electricity, emitting zero direct emissions during operations.2 As governments pledge to reduce fossil fuel reliance, nuclear could be a viable bridge while more renewable capacity is built.

ETF Efficiency

In a single trade, URA delivers efficient access to a basket of companies involved in mining uranium and producing nuclear components.

1Investing News Network, Jan 2024
2Energy Industry Association, Dec 2021

Key Information As of 07/23/24

Inception Date 11/04/10
Total Expense Ratio 0.69%
Net Assets $3.22 billion
NAV $28.29
Fact Sheet View the document

ETF Summary

The Global X Uranium ETF (URA) provides investors access to a broad range of companies involved in uranium mining and the production of nuclear components, including those in extraction, refining, exploration, or manufacturing of equipment for the uranium and nuclear industries.

ETF Objective

The Global X Uranium ETF (URA) seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index.

Trading Details As of 07/23/24

Ticker URA
Bloomberg Index Ticker SOLURANT
CUSIP 37954Y871
ISIN US37954Y8710
Primary Exchange NYSE Arca
Shares Outstanding 113,961,666
Number of Holdings 48
30-Day Median Bid-Ask Spread 0.03%

Distributions As of 07/23/24

30-Day SEC Yield 0.01%
Distribution Frequency Semi-Annually

ETF Prices As of 07/23/24

NAV $28.29 Daily Change -$0.12 -0.42%
Market Price $28.26 Daily Change -$0.19 -0.67%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (06/30/24)
Fund NAV Market Price Index
1 Year 42.55% 41.70% 43.27%
3 Years 15.89% 15.66% 16.49%
5 Years 22.81% 22.77% 23.37%
10 Years 3.47% 3.27% 4.49%
Since Inception -6.20% -6.25% -5.62%
1 Year 42.55% 41.70% 43.27%
3 Years 15.89% 15.66% 16.49%
5 Years 22.81% 22.77% 23.37%
10 Years 3.47% 3.27% 4.49%
Since Inception -6.20% -6.25% -5.62%
Year-to-Date 5.14% 4.64% 5.42%
1 Month -9.27% -10.13% -9.27%
3 Months 1.55% 0.50% 1.62%
Since Inception -58.30% -58.62% -54.63%
Year-to-Date 5.14% 4.64% 5.42%
1 Month -9.27% -10.13% -9.27%
3 Months 1.55% 0.50% 1.62%
Since Inception -58.30% -58.62% -54.63%

The Fund's investment objective and investment strategies changed effective May 1, 2018 and again on August 1, 2018. Hybrid index performance (noted as "Index" above in the chart) 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.

Top Holdings As of 07/23/24

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
23.96 CCO CN CAMECO CORP 2166160 47.39 16,278,622 771,406,797.89
7.87 U-U CN SPROTT-PHYS URAN BNZKG52 18.41 13,765,987 253,498,478.97
5.27 NXE CN NEXGEN ENERGY LTD B987K72 6.60 25,707,271 169,683,108.88
4.97 PDN AU PALADIN ENERGY LTD 6668468 7.97 20,063,427 159,939,332.73
4.23 KAP LI NAC KAZATOG-REGS BGXQL36 37.95 3,591,977 136,315,527.15
4.08 7011 JP MITSUBISHI HEAVY 6597067 11.95 10,997,544 131,446,012.94
3.88 UEC URANIUM ENERGY CORP B0VLLY2 5.84 21,394,454 124,943,611.36
3.74 DML CN DENISON MINES CORP 2003223 1.95 61,560,382 120,246,471.03
3.10 YCA LN YELLOW CAKE PLC BF50RG4 6.80 14,670,162 99,798,308.64
2.85 034020 KS DOOSAN ENERBILITY CO 6294670 14.34 6,392,156 91,675,548.30
2.63 028260 KS SAMSUNG C&T CORP BSXN8K7 106.63 795,057 84,773,959.96
2.46 8001 JP ITOCHU CORP 6467803 50.87 1,554,413 79,078,313.84
2.11 SSW SJ SIBANYE STILLWATER LTD BL0L913 1.09 62,262,963 67,915,545.44
2.05 000720 KS HYUNDAI ENG&CONS 6450988 23.30 2,834,248 66,043,509.29
2.04 BOE AU BOSS ENERGY LTD B1XLCQ6 2.43 27,101,434 65,799,327.06
1.94 BHP AU BHP GROUP LTD 6144690 27.43 2,274,067 62,372,861.75
1.92 EFR CN ENERGY FUELS INC BFV4XV7 5.71 10,807,081 61,759,232.81
1.76 052690 KS KEPCO ENGINEERIN B4LW1M1 52.01 1,087,648 56,573,546.01
1.69 006360 KS GS ENGINEERING 6537096 12.79 4,248,522 54,342,095.05
1.46 SMR NUSCALE POWER CORP BNXK803 11.51 4,087,389 47,045,847.39
1.40 ARE CN AECON GROUP INC 2699547 10.65 4,222,458 44,979,456.75
1.38 EU CN ENCORE ENERGY CORP BN48958 4.02 11,080,136 44,573,178.99
1.32 1164 HK CGN MINING CO LTD B755514 0.29 146,917,000 42,524,099.33
1.26 SLX AU SILEX SYSTEMS LTD 6111735 3.25 12,531,357 40,704,526.91
1.25 DYL AU DEEP YELLOW LTD 6480275 0.80 49,954,805 40,152,876.47
1.24 LEU CENTRUS ENERGY-A BQXKDH6 43.58 915,494 39,897,228.52
1.19 FCU CN FISSION URANIUM CORP B94QMQ6 0.84 45,536,999 38,356,692.33
1.13 047040 KS DAEWOO ENG & CON 6344122 2.99 12,127,513 36,308,609.42
0.75 URG UR-ENERGY INC B0WW4L2 1.38 17,520,310 24,178,027.80
0.62 ISO CN ISOENERGY LTD BD5FYX1 2.64 7,600,981 20,035,261.98
0.60 LOT AU LOTUS RESOURCES LTD BK6XLC1 0.19 100,903,766 19,358,356.80
0.55 BMN AU BANNERMAN ENERGY LTD B07DXJ1 1.92 9,157,576 17,568,781.69
0.48 URC CN URANIUM ROYALTY CORP BKMD921 2.37 6,460,799 15,294,052.75
0.44 GLO CN GLOBAL ATOMIC CORP BF11BK3 1.13 12,543,012 14,208,400.48
0.23 LI CN AMERICAN LITHIUM CORP BF4XHL9 0.52 14,286,589 7,469,298.25
0.23 AGE AU ALLIGATOR ENERGY LTD B55ZH25 0.03 244,249,228 7,271,245.87
0.23 PEN AU PENINSULA ENERGY LTD 6486381 0.07 104,541,182 7,261,725.40
0.22 LAM CN LARAMIDE RESOURCES 2507952 0.46 15,453,547 7,069,480.17
0.21 FUU CN F3 URANIUM CORP BPRSXG8 0.24 27,748,775 6,750,056.00
0.20 BKY SM BERKELEY ENERGIA LTD BYVQC08 0.23 27,838,126 6,370,487.82
0.18 ASN AU ANSON RESOURCES LTD BD8PFL3 0.08 68,759,197 5,685,961.65
0.17 MGA CN MEGA URANIUM LTD 2817833 0.24 22,497,537 5,309,297.84
0.15 CVV CN CANALASKA URANIUM LTD BR1YTV3 0.49 9,907,558 4,820,145.85
0.13 EL8 AU ELEVATE URANIUM LTD BM8ZH21 0.23 18,427,527 4,266,760.02
0.12 FSY CN FORSYS METALS CORP 2597801 0.44 9,014,951 3,927,655.38
0.11 SYH CN SKYHARBOUR RESOURCES LTD BDFGHL3 0.28 12,271,356 3,386,062.00
0.09 AEE AU AURA ENERGY LTD B14Z2S9 0.09 31,643,623 2,930,740.42
0.09 KOREAN WON 0.00 3,853,426,559 2,779,949.18
0.07 GXU CN GOVIEX URANIUM INC BNGCT03 0.05 46,944,202 2,386,155.57
0.00 CANADIAN DOLLAR 0.73 9,521 6,913.26
0.00 EURO 1.17 0 0.07
-0.01 CASH 1.00 -397,180 -397,179.68
-0.02 OTHER PAYABLE & RECEIVABLES 1.00 -516,257 -516,256.53
Holdings are subject to change. "Cash" denotes U.S. dollars.

Exposure As of 06/30/24

Sector Weight (%)
Energy 61.4
Industrials 28.2
Materials 10.4

Source: new windowAltaVista Research, LLC

Industry Weight (%)
Energy 65.0
Construction 8.7
Metals & Mining 6.5
Trading Companies & Distributors 6.4
Machinery 5.7
Electrical Equipment 4.9
Industrial Conglomerates 2.8

Source: new windowAltaVista Research, LLC

Country Weight (%)
Canada 46.6
Australia 16.2
South Korea 12.9
United States 9.7
Japan 6.7
Britain 3.7
South Africa 2.3
Hong Kong 1.7
Spain 0.2
Kazakhstan 0.1

Source: new windowAltaVista Research, LLC

All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.

ETF Characteristics As of 07/23/24

Return on Equity 5.70%
Weighted Avg. Market Cap 12,580 M
2023 2024
Price-to-earnings 38.78 29.99
Price-to-book value 1.75 1.69

Source: new windowAltaVista Research, LLC

ETF Risk Stats As of 06/30/24

Versus Beta
S&P 500 0.84
NASDAQ-100 0.61
MSCI EAFE 0.91
MSCI Emg. Mkts 0.65
Standard Deviation 32.30%

Source: new windowAltaVista Research, LLC

ETF Research

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The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 06/30, URA was rated against the following numbers of Natural Resources funds over the following time periods: 110 during the last 3 years, 103 during the last 5 years, 89 during the last 10 years. With respect to these Natural Resources funds, URA received a Morningstar Rating of 5, 5, 2 stars, respectively. Past performance is not indicative of future results.

© 2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, or from economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Narrowly focused investments may be subject to higher volatility. There are additional risks associated with investing in Uranium and the Uranium mining industry. URA is non-diversified.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. Beginning October 15, 2020, market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share. Prior to October 15, 2020, market price returns were based on the midpoint between the Bid and Ask price. NAVs are calculated using prices as of 4:00 PM Eastern Time. The returns shown do not represent the returns you would receive if you traded shares at other times. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by Solactive AG, nor does Solactive AG make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with Solactive AG.