If even an oil-rich country like Saudi Arabia wants nuclear power plants, that's a bullish signal for uranium miners and nuclear energy ETFs. The Global X Uranium ETF has delivered 20% annualized returns for the past five years.
US-Saudi nuclear deal could reshape the energy landscape. See how nuclear ETFs may offer diversified exposure to companies positioned to benefit.
The VanEck Uranium and Nuclear ETF (NYSEARCA:NLR) sits at the center of one of the most crowded investment themes of the past two years, and it does so with a 0.61% expense ratio that is neither the cheapest nor the most expensive in its niche.
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| TJD Thomas John Drogan PR Inc.IPAL SECURITIES Inc. | 55,672 | $6.76M | $5.95M | -$811,842.87 | -12.01% |
Curtis Ellergodt Rothschild Investment LLC | 590 | $65,738.84 | $67,183.3 | $1,444.46 | 2.2% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 280,283 | $32.51M | $33.02M | $515,719.07 | 1.59% |
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 32,945 | $4.29M | $3.93M | -$363,626.5 | -8.48% |
| NA Nizar Araji National Bank Of Canada /FI/ | 2,121 | $185,025.9 | $249,938.64 | $64,912.74 | 35.08% |
| ARCA Exchange | US Country |
The fund is an investment entity that dedicates a significant portion of its assets towards companies engaged in the uranium production and nuclear energy sector. By targeting at least 80% of its total assets in securities that align with its benchmark index, the fund focuses on capturing the growth and revenue-generating potential within this unique energy market. The index tracked by the fund encompasses equity securities and depositary receipts, offering exposure to a range of companies involved in various facets of the uranium and nuclear industry. It is noteworthy that the fund adopts a non-diversified investment strategy, meaning it might concentrate investments in fewer issuers than diversified funds, potentially leading to higher volatility and investment risk.
The fund primarily offers investment opportunities in the uranium and nuclear energy sectors through the following products: