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URNM

GradeCNew York Stock Exchange Arca

Sprott Uranium Miners ETF

Themes · Sprott · Inception 2019-12-03 · SEC filings

$51.07−1.72 (−3.26%)

As of Sep 23, 2026, 2:20 PM EDT

Intraday session: down, 58 prints from 52.79 to 51.07. Range 50.85 to 51.93. Use the arrow keys to read each point.$51.50$52.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$1.9B
1Y return
−9.1%
Yield · Last 12 months
3.30%
Holdings
25
Volume · 30D
0.6M sh
NAV per share
$50.56
52W range
low $46.82high $84.95

The ETF.net URNM Grade

C

42/ 100

Rank 6 of 9 in Uranium & Nuclear⁠

Confidence Medium

Six-pillar profile for URNM. Scores out of 100: Cost 42, Risk 30, Mission not scored, Tradability 53, Holdings 32, Durability 72. Strongest: Durability (72). Weakest: Risk (30). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 42 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 42
    Category rank6/9 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 30
    Category rank8/9 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 53
    Category rank4/9 · top 44%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 32
    Category rank8/9 · bottom quartile

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    AScore 72
    Category rank3/9 · top 33%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on URNM

ETF.net Research

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

  1. 01Strict 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
  2. 02The 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
  3. 03Live 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

  1. 010.75% a year sits at the uranium cohort's median, but above NLR (0.52%) and URA (0.69%), which cast wider nets across nuclear.
  2. 02Around 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
  3. 03Concentrated in the uranium industry by design, a small cyclical corner of energy, so the ride can be bumpy in both directions.sprottetfs.com

URNM Holdings

As of Sep 20, 2026, 8:58 AM
Asset class
Stocks
Holdings
25
Top-10 weight
79%
Largest holding
CCJ20.4%

Sectors

  • Energy98.2%
  • Materials1.8%

Geography

  • Canada58.03%
  • Australia15.73%
  • United States12.67%
  • Hong Kong4.84%
  • Kazakhstan4.50%
  • United Kingdom4.24%

Developed 95% · Emerging 5% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 2.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001CCJCameco Corp.20.41%4,272,579$391M49
002U-U.TOSprott Physical Uranium Trust14.55%14,671,548$279M3
003NXENexGen Energy Ltd.12.51%25,658,033$240M8
0041164.HKCGN Mining Co. Ltd.4.83%320,565,300$93M39
005KAP.ILNAC Kazatomprom JSC4.49%1,330,892$86M12
006UECUranium Energy Corp.4.48%8,764,999$86M93
007DNNDenison Mines Corp.4.41%29,575,455$85M10
008PDN.AXPaladin Energy Ltd.4.38%12,002,156$84M49
009UUUUEnergy Fuels Inc.4.26%6,990,171$82M35
010YCA.LYellow Cake PLC4.23%10,760,709$81M34
011DYL.AXDeep Yellow Ltd.4.18%84,593,232$80M42
012BMN.AXBannerman Energy Ltd.2.94%20,527,893$56M9
013BOE.AXBoss Energy Ltd.2.54%42,477,022$49M27
014URGUr-Energy Inc.2.46%39,631,147$47M22
015ISO.TOIsoEnergy Ltd.2.35%4,630,287$45M11

Showing 1–15 of 26 holdings

URNM Performance

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

URNM$9,089
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,723
Sep 22, 2025 to Sep 22, 2026. URNM $9,089. SPY $11,723. Use the arrow keys to read each point.$7,606$11,287$14,968Sep 2025Mar 2026Sep 2026

Sep 22, 2025 – Sep 22, 2026

Returns run to the Sep 22, 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−3.8%
1 month−9.3%
3 months−6.0%
1 year−9.1%
3 years+8.6%per year
5 years+8.5%per year
10 yearsFund is under 10 years old—per year

As of the close, 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−3.8%
2025+40.6%
2024−14.1%
2023+57.6%
2022−11.9%
2021+78.7%
2020+68.2%

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 Sep 22, 2026.
3.30%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

URNM Risk

How much the fund’s monthly returns vary, scaled to a year.
42.7%
Annualised · 36 months to Aug 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.
0.47
vs 3-month T-bills · to Aug 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.

URNM Cost

Expense ratio0.75%
  • The middle half of Uranium & Nuclear funds
  • Median 0.75%

4 of the 9 Uranium & Nuclear funds charge less.

URNM costs $75.00 a year on $10,000. The median Uranium & Nuclear fund costs $75.00.