Defiance Dives Into Uranium Investing With URAX
On Tuesday, Defiance ETFs stepped into the uranium market with the launch of the Defiance Daily Target 2x Long Uranium ETF (URAX). The actively managed URAX comes with a net expense ratio of 0.95%.
URA: Major Power Demand Growth, Strong Momentum In Uranium And Nuclear Stocks
Record high mentions of "AI" on corporate conference calls during the first quarter earnings season buttress increasing data-center power demand. I am upgrading the Global X Uranium ETF from a hold to a buy due to bullish momentum developments and potential long-term growth in uranium and nuclear power sources. URA is a concentrated bet on the energy sector with a high allocation to uranium and nuclear companies and the fund has shown positive technical trends.
Uranium ETF soars to 10-year high on rising demand and Russia import ban
Exchange-traded funds that track uranium-related stocks have skyrocketed this year, with prices for the heavy metal widely used for nuclear-power generation hovering around its highest level in 16 years, buoyed by tight supplies and expectations for rising demand.
