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Launched · SEC filings

Sprott Uranium Miners ETF

URNMNYSE ArcaSprottC

$41.55−0.81 (−1.91%)

At close: Nov 2, 2026, 4:00 PM ET

C41/ 100

Rank 6 of 9 in Uranium & Nuclear

C41/100Rank 6 of 9inUranium & Nuclear
Intraday session: down, 79 prints from 42.36 to 41.55. Range 41.49 to 43.86. Use the arrow keys to read each point.42.0043.0043.5044.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.72B
1Y total return
−33.3%
Yield · Last 12 months
4.20%
Holdings
26
Avg volume · 30D
615K sh
52W range
low $40.59high $84.95
Launched
Filings
SEC EDGAR

The ETF.net URNM Grade

Based on 5 of 6 pillars

C

Score 41 out of 100

Category
Uranium & Nuclear⁠
Rank
6 of 9
Six-pillar profile for URNM. Scores out of 100: Cost 42, Risk 30, Mission not scored, Tradability 51, Holdings 29, Durability 72. Strongest: Durability (72). Weakest: Holdings (29). Based on 5 of 6 pillars.

Score 41 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C42 out of 100
    Rank 5 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    D30 out of 100
    Rank 8 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C51 out of 100
    Rank 5 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D29 out of 100
    Rank 9 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A72 out of 100
    Rank 3 of 9

Our read on URNM

ETF.net Research

In short

CThe uranium purist. Its index only admits companies with at least half their assets tied to uranium: miners, explorers, royalty owners, and trusts that simply sit on physical pounds. Sprott, a firm built around the metal, has run it since 2019.

Stated mandate

The fund seeks to provide investment results that generally correspond, before fees and expenses, to the total return of the North Shore Global Uranium Mining Index.

Why people hold it

  • Strict pure-play rule: the index only admits companies with at least half their assets in the uranium business, so reactor builders and diversified utilities stay out.sprott.com
  • The index counts holders of physical uranium and uranium royalties, not just diggers, so the basket leans on the metal itself alongside the equities.sprottetfs.comsprott.com
  • Live since 2019, it is a multi-billion-dollar fund that trades actively, which tends to keep bid-ask spreads manageable in a niche corner of the market.

Worth knowing

  • 0.75% a year sits at the uranium cohort's median, but above NLR (0.52%) and URA (0.69%), which cast wider nets across nuclear.
  • Around 25 holdings and non-diversified by prospectus: one miner's bad news can swing the fund more than it would a broad portfolio.sprottetfs.com
  • Concentrated in the uranium industry by design, a small cyclical corner of energy, so the ride can be bumpy in both directions.sprottetfs.com

URNM Performance

Launched Dec 3, 2019

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.
URNM$6,667
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,146
Oct 31, 2025 to Nov 2, 2026. URNM $6,667. SPY $11,146. Use the arrow keys to read each point.$8,000$10,000$12,000Oct 2025May 2026Nov 2026

Oct 31, 2025 – Nov 2, 2026

Returns run to the Nov 2, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for URNM. Periods over one year show the average yearly return.
PeriodURNM
Year to date−24.3%
1 month−12.4%
3 months−14.5%
1 year−33.3%
3 yearsper year−1.0%
5 yearsper year+1.8%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for URNM
YearReturn barURNM
2026 YTD−24.3%
2025+40.6%
2024−14.1%
2023+57.6%

URNM in the news

URNM Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Nov 2, 2026.
4.20%Last 12 months
Payout per share
$1.74Last 12 months
Last payment
$1.74 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2020–2026

One bar per payment. 5 payments from 2020 to 2026 YTD. Dec 28, 2020 $0.55; Dec 28, 2021 $2.41; Dec 14, 2023 $1.75; Dec 12, 2024 $1.28; Dec 18, 2025 $1.74. Use the arrow keys to read each point.2020202120222023202420252026YTD
Ex-datePay dateAmount per share
Dec 18, 2025Dec 22, 2025$1.74
Dec 12, 2024Dec 19, 2024$1.28
Dec 14, 2023Dec 21, 2023$1.75
Dec 28, 2021Dec 31, 2021$2.41
Dec 28, 2020Dec 31, 2020$0.55

$10,000 in URNM 5 years ago paid $1,501 in dividends.

URNM Risk

Risk pillarD30 out of 100Rank 8 of 9 in Uranium & Nuclear
How much the fund’s monthly returns vary, scaled to a year.
42.7%
Annualised · 36 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.10
vs 3-month T-bills · to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−50.7%
Trough Apr 2025
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.93
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

URNM Cost

Compare URNM and NLR

Overpaying vs NLR, cheapest in Uranium & Nuclear

$4,131

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • URNM 0.75%

    $14,482

  • NLR 0.52% Cheapest

    $10,351

$10,000
30 years

Cost over time

  • URNM 0.75%
  • NLR 0.52%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530URNM $14,482NLR $10,351

Year by year

YearURNMNLROverpaying
10$1,336$935$401
20$5,078$3,593$1,485
30$14,482$10,351$4,131

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