Price vs Value
URNJ closed 1.57% below the value of its miners Friday
Sprott Uranium Miners ETF
$44.51−0.65 (−1.44%)
- 0.75%
- $1.8B
- −24.3%
- 3.86%
- 0.6M sh
- $45.61
- low $45.12high $84.95
The ETF.net URNM Grade
C
Score 41 out of 100
- 6 of 9
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 100Rank 5 of 9Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D29 out of 100Rank 8 of 9Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C51 out of 100Rank 5 of 9Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 8 of 9Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A72 out of 100Rank 3 of 9
Our read on URNM
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.
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 Holdings
- Stocks
- 26
- 81%
- CCJ
Sectors
- Energy98.8%
- Materials1.2%
- Financials0.0%
Geography
- Canada59.91%
- Australia13.63%
- United States12.44%
- Kazakhstan4.84%
- Hong Kong4.79%
- United Kingdom4.40%
Developed 94% · Emerging 6%
URNM Performance
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$7,566
Returns run to the Oct 12, 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.
| Period | URNM |
|---|---|
| Year to date | −17.7% |
| 1 month | −13.8% |
| 3 months | −15.3% |
| 1 year | −24.3% |
| 3 years | +4.8% |
| 5 years | +3.7% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | URNM |
|---|---|---|
| 2026 YTD | −17.7% | |
| 2025 | +40.6% | |
| 2024 | −14.1% | |
| 2023 | +57.6% | |
| 2022 | −11.9% | |
| 2021 | +78.7% | |
| 2020 | +68.2% |
URNM in the news
URNM Dividends
- 3.86%
- $1.74
- $1.74 per share
- Annual
Distribution history
URNM Risk
- 42.2%
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.
- 0.17
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.
- −50.7%
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.
- 0.93
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
0.75%
URNM0.75%
- The middle half of Uranium & Nuclear funds
- Median 0.75%
4 of the 9 Uranium & Nuclear funds charge less.
Other funds in Uranium & Nuclear
- BURAGlobal X - Uranium ETFExpense ratio 0.69%1 year return −23.7%
- CNUKZRange Nuclear Renaissance Index ETFExpense ratio 0.85%1 year return −10.1%
- CTNUKTortoise Nuclear Renaissance ETFExpense ratio 0.75%1 year return —
- DURNJSprott Junior Uranium Miners ETFExpense ratio 0.80%1 year return −34.9%
- DNUKXNicholas Nuclear Income ETFExpense ratio 1.07%1 year return —