URA

Global X Uranium ETF (URA) is an exchange-traded fund that seeks to track the performance of an index composed of companies involved in uranium exploration, mining, and production, as well as firms operating in related segments of the nuclear energy value chain. The ETF is managed by Global X Funds and trades under the ticker URA on NYSE Arca.

Classified as an equity ETF with a thematic focus on the global uranium and nuclear energy sector, URA aims to reflect, before fees and expenses, the combined price and income return of the stocks included in its benchmark index.

To achieve this objective, the fund employs a passive management strategy, maintaining a portfolio that seeks to replicate the composition and weighting of a broad index comprising uranium and related resource companies globally.

Weightings are based on float-adjusted market capitalization, with periodic rebalancing to reflect changes in the eligible asset universe.

Diversification and sector exposure

URA provides exposure to the global nuclear energy and strategic minerals sector, with companies engaged in segments such as:

• Uranium exploration.

• Nuclear mineral extraction and mining.

• Development and production of strategic materials.

• Providers of mining and energy-related equipment and services.

Structure and costs

Shares of URA are traded on the secondary market, while creation and redemption of shares are carried out by authorized participants, a mechanism that helps keep the ETF’s market price close to its net asset value (NAV).

The fund carries an expense ratio consistent with thematic sector ETFs, reflecting the operational costs of passive implementation, and does not charge a performance fee. URA may make periodic income distributions, derived from dividends paid by underlying companies when applicable. 

The ETF has a single share class and trades exclusively under the ticker URA.

History and evolution of the ETF

The Global X Uranium ETF was launched in 2010, amid growing interest in alternative energy themes and strategic minerals, particularly as global demand for nuclear energy expanded as a low-carbon power source.

Since inception, URA has been incorporated into thematic allocation strategies focused on the uranium and nuclear energy sector, forming part of broader portfolio structures.

Between 2020 and 2024, the ETF reflected market movements linked to commodity price shifts, global energy policies, nuclear demand cycles, and technological advancements in the sector, while maintaining high liquidity and broad adoption as a thematic diversification tool in energy and natural resources.