Global X Uranium

(URNG)
£12.62
Previous business day’s close price
+£2.08 (+19.77%)
max available period
£7.99
£14.63

22 Apr 22
01 Jul 24

Details

This ETF provides access to a range of companies involved in uranium mining and the production of nuclear components.
This ETF reinvests income.

As countries across the world are setting aggressive timelines to reach net‑zero carbon emissions goals, nuclear energy and uranium extraction are increasingly moving into the mainstream given nuclear power’s cleanliness, safety, and reliability. Nuclear power emits zero greenhouse gasses during operations, and policymakers are taking notice as a way to meet their sustainability targets.

Regionally Asia, particularly China, is leading the charge in building new nuclear facilities to meet their emerging and growing population’s critical base‑load energy needs. Western economies are also setting their sights on increasing existing nuclear plant’s lifespans and constructing new nuclear facilities meaning there is now meaningful growth in the space, which is likely to lead to increased demand for uranium fuel. When combined with long‑lasting supply deficits due to tapered production during the Covid‑19 pandemic, such growth makes clear that uranium appears set to enjoy structural tailwinds for years to come.

Ticker: URNG
ISIN: IE000NDWFGA5

ETF Breakdown

Cameco Corp.
16.8%
NexGen Energy Ltd
8.3%
Paladin Energy Ltd
6.9%
NAK Kazatomprom AO
6.5%
Uranium Energy Corp
5.9%
Denison Mines Corp
4.7%
Yellow Cake Plc
4.0%
Mitsubishi Heavy Industries Ltd.
3.2%
Doosan Enerbility Co. Ltd.
2.7%
Boss Energy Limited
2.7%
Energy Fuels Inc
2.4%
Samsung C&T Corp.
2.3%
Itochu Techno‑Solutions Corp.
2.2%
Kepco Engineering&Construction
2.0%
Sibanye Stillwater Limited
2.0%
Hyundai Engineering&Construction
2.0%
BHP Group Plc
1.9%
Aecon Group Inc.
1.8%
CGN Mining Company Limited
1.8%
Dyl Au
1.7%
Encore Energy Corp
1.7%
Slx Au
1.6%
GS Engineering&Construction Corp
1.6%
Centrus Energy Corp
1.4%
Fcu Cn
1.3%
Nuscale Power Corporation Class A Ord
1.2%
Daewoo Shipbuilding&Marine Engineering Constr Co Ltd
1.2%
Lot Au
0.9%
Ur‑Energy Inc.
0.9%
Bmn Au
0.9%
Iso Cn
0.8%
Glo Cn
0.7%
Urc Cn
0.6%
American Lithium Corp
0.3%
Lam Cn
0.3%
Age Au
0.3%
Bky Sm
0.3%
Pen Au
0.3%
Fuu Cn
0.3%
El8 Au
0.2%
Fsy Cn
0.2%
Mga Cn
0.2%
Asn Au
0.2%
Canalaska Uranium Ltd
0.1%
Gxu Cn
0.1%
Syh Cn
0.1%
Aee Au
0.1%
Others
0.3%
£12.62
Previous business day’s close price

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