With Uranium on a climb, gain exposure through ASX ETF
Uranium prices surged 7.84% today to US$98.30 per pound which is the highest level in almost two years. This rally reflects improved fundamentals across the uranium market, driven by tight supply and renewed investor interest as governments and utilities accelerate nuclear power adoption to secure reliable, low-carbon electricity. Investors can get exposure to the sector through this ASX-listed ETF which provides access to uranium miners and physical uranium.
Betashares Global Uranium ETF (ASX: URNM)
will provide diversified exposure to global uranium miners, developers and physical uranium holders as it tracks the Indxx North Shore Uranium Mining Index which gives access to the full uranium value chain.
Over the past 12 months, URNM has delivered an exceptional return of 78.10% due to high uranium prices and improved fundamentals across the nuclear fuel market.
Nuclear power is viewed as a reliable low carbon baseload energy source which has supported stronger demand expectations as more countries extend reactor lifespans.
At the same time, years of underinvestment after the previous uranium downturn have constrained new supply which means production cannot rise quickly due to long development timelines, high capital requirements and regulatory approvals.
The ETF holds 33 companies and its top three holdings are Cameco Corp at 16.4%, NAC Kazatomprom JSC at 15.6% and Sprott Physical Uranium Trust at 12.7% which together form the largest contributors to overall exposure as of 31 December 2025.
URNM charges an expense ratio of 0.69% per annum which covers management and operational costs associated with providing global thematic exposure.
The ETF also offers an income component with a current annual yield of 1.52% and distributions made at least on an annual basis.
Country allocation is primarily weighted towards Canada, the United States and Australia which represent the largest hubs for uranium mining and related equities.
(Source: Company Announcements)
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