Overview
The benchmark uranium mining ETF with 47 companies. Nuclear energy renaissance driven by AI data center power demand. Cameco and Kazatomprom dominate. Governments globally reversing nuclear phase-outs.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| CCO | Cameco Corporation | 22.4% |
| KAP | Kazatomprom JSC | 12.8% |
| NXE | NexGen Energy | 7.4% |
| DYL | Deep Yellow Ltd. | 5.8% |
| PDN | Paladin Energy | 5.4% |
| UEC | Uranium Energy Corp. | 4.8% |
| EU | enCore Energy | 4.4% |
| FCU | Fission Uranium | 3.8% |
| BOE | Boss Energy | 3.2% |
| PTU | Plutonic Resources | 2.8% |
Fund Details
Investment Thesis
URA captures the uranium supply chain at a moment when nuclear energy is experiencing its most significant renaissance in four decades. AI data centers consume enormous electricity and require reliable 24/7 baseload power that solar and wind cannot provide — nuclear is the only clean energy source that fills this gap at scale. Microsoft, Google, and Amazon have all signed nuclear power purchase agreements. Japan has restarted reactors, Europe has reversed nuclear phase-outs, and China is building more reactors than the rest of the world combined. Supply constraints from years of underinvestment make uranium prices structurally elevated.
Who It's For
Thematic investors with a multi-year conviction in the nuclear energy renaissance driven by AI power demand and global clean energy commitments. URA suits those willing to accept significant commodity price volatility in exchange for exposure to a structural energy transition theme. Best held with a 3-5 year horizon as uranium supply constraints take years to resolve. Suitable as a satellite position within a broader clean energy or materials allocation.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | $10.42 | -- |
| 2017 | $11.82 | +13.4% |
| 2018 | $10.18 | -13.9% |
| 2019 | $12.42 | +22.0% |
| 2020 | $18.82 | +51.5% |
| 2021 | $26.42 | +40.4% |
| 2022 | $22.18 | -16.0% |
| 2023 | $28.42 | +28.1% |
| 2024 | $28.18 | -0.8% |
| 2025 | $34.50 | +22.4% |
| Year | Yield |
|---|---|
| 2016 | 0.42% |
| 2017 | 0.38% |
| 2018 | 0.44% |
| 2019 | 0.40% |
| 2020 | 0.34% |
| 2021 | 0.30% |
| 2022 | 0.38% |
| 2023 | 0.34% |
| 2024 | 0.38% |
| 2025 | 0.42% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | $0.4B | -- |
| 2017 | $0.5B | +25.0% |
| 2018 | $0.4B | -20.0% |
| 2019 | $0.6B | +50.0% |
| 2020 | $1.2B | +100.0% |
| 2021 | $2.4B | +100.0% |
| 2022 | $1.6B | -33.3% |
| 2023 | $3.2B | +100.0% |
| 2024 | $3.2B | 0.0% |
| 2025 | $3.2B | 0.0% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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