Uranium ETFs: Which is the best?
How to invest in uranium using ETFs
How do I invest in uranium ETFs?
Whether nuclear power plants or nuclear weaponry, nuclear power generation is mostly created with isotopes of the naturally occurring metal uranium. It is the only naturally occurring nuclide with which a self-sustaining nuclear fission chain reaction is possible. The energy released from nuclear fission produces either electricity or destruction.The nuclear fuel uranium is mined like other metals. Depending on the year, the quantities extracted are about 15 times the world's gold production. Major producing countries are Australia, Canada, Russia, Niger, Namibia, Kazakhstan, Uzbekistan, South Africa and the USA. The countries with the largest reserves are said to be Australia, Canada and Kazakhstan. Uranium is processed by power plant operators and weapons producers. The largest consumers of uranium are the USA, France, Russia, China, South Korea and Ukraine.
Due to political interests, many large companies involved in the uranium business are not tradable on the stock exchange, being state-owned instead. Companies listed on the stock exchange that extract, process and also reprocess uranium can be invested in via ETFs.
In our investment guide you will find all ETFs that allow you to invest in uranium companies.
Solactive Global Uranium & Nuclear Components performance
Uranium ETFs in comparison
When choosing a uranium ETF one should consider several other factors in addition to the methodology of the underlying index and performance of an ETF. For better comparison, you will find a list of all uranium ETFs with details on size, cost, age, income, domicile and replication method ranked by fund size.
Compare all uranium ETFs in detail
Compare all uranium ETFs in a chart
| Provider ISIN | Fund size in m EUR | TER in % | Use of profits | Fund domicile | Replication method | |
|---|---|---|---|---|---|---|
| HANetf Sprott Uranium Miners UCITS ETF AccIE0005YK6564 | 309 | 0.85% p.a. | Accumulating | Ireland | Full replication | |
| Global X Uranium UCITS ETF USD AccumulatingIE000NDWFGA5 | 188 | 0.65% p.a. | Accumulating | Ireland | Full replication | |
| VanEck Uranium and Nuclear Technologies UCITS ETF AIE000M7V94E1 | 99 | 0.55% p.a. | Accumulating | Ireland | Full replication | |
| HANetf Sprott Junior Uranium Miners UCITS ETF USD AccumulatingIE00075IVKF9 | 10 | 0.85% p.a. | Accumulating | Ireland | Full replication |
Source: justETF.com; As of 07.07.24
Return comparison of all uranium ETFs
The table shows the returns of all uranium ETFs in comparison. All return figures are including dividends as of month end. Besides the return the reference date on which you conduct the comparison is important. In order to find the best ETFs, you can also perform a chart comparison.
| ETF | 1 month in % | 3 months in % | 6 months in % | 1 year in % | 3 years in % | |
|---|---|---|---|---|---|---|
| HANetf Sprott Uranium Miners UCITS ETF Acc | -10.42% | 1.10% | 6.51% | 55.76% | - | |
| VanEck Uranium and Nuclear Technologies UCITS ETF A | -2.48% | -0.60% | 19.52% | 46.22% | - | |
| Global X Uranium UCITS ETF USD Accumulating | -8.12% | 1.01% | 9.61% | 43.74% | - | |
| HANetf Sprott Junior Uranium Miners UCITS ETF USD Accumulating | -14.73% | -4.47% | - | - | - |
| ETF | 2024 in % | 2023 in % | 2022 in % | 2021 in % | 2020 in % | |
|---|---|---|---|---|---|---|
| VanEck Uranium and Nuclear Technologies UCITS ETF A | 19.52% | - | - | - | - | |
| Global X Uranium UCITS ETF USD Accumulating | 9.61% | 34.74% | - | - | - | |
| HANetf Sprott Uranium Miners UCITS ETF Acc | 6.51% | 52.08% | - | - | - | |
| HANetf Sprott Junior Uranium Miners UCITS ETF USD Accumulating | - | - | - | - | - |
Source: justETF.com; As of 30.06.24; Calculations in EUR including dividends