- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Nov 5, 2010
- Business
- Global X Uranium ETF (URA) is an exchange-traded fund that seeks to provide investment results corresponding generally to the price and yield performance, before fees and expenses, of the Solactive Global Uranium & Nuclear Components Total Return Index. The fund invests at least 80% of its total assets in securities of companies involved in the uranium industry, including uranium mining, refining, exploration, manufacturing of equipment for the uranium industry, technologies related to the uranium industry, and production of nuclear components; it also includes American Depositary Receipts and Global Depositary Receipts based on such securities, as well as companies generating significant revenues from these activities even if not primarily focused on uranium. Launched on November 4, 2010, and managed by Global X Management Company LLC, headquartered at 605 Third Avenue, 43rd Floor, New York, New York, the ETF trades on NYSE Arca and provides exposure to global companies across energy, industrials, utilities, materials, and information technology sectors, with significant weightings in developed and emerging markets such as Canada, Australia, Japan, and South Korea.
In recent developments, the fund's underlying index incorporated NANO Nuclear Energy in August 2025, expanding exposure to advanced nuclear technologies amid growing demand for clean energy solutions; this followed U.S. presidential executive orders in May 2025 committing to quadruple nuclear power capacity by 2050, alongside a Technology Prosperity Deal with the United Kingdom to foster nuclear collaboration. The ETF has experienced tremendous asset growth, surpassing $4 billion in net assets, driven by surging interest in uranium amid AI-driven electricity demand, nuclear resurgence, and supply constraints; institutional holdings expanded notably in 2025, with firms like Allworth Financial LP increasing positions by over 2,800% in Q2. These changes position URA to benefit from structural shifts in global energy markets, including policy tailwinds and uranium price stabilization.