What Are Uranium ETFs?
Exchange traded products can be an efficient way to access uranium. The most direct ETF comes from Global X's Uranium ETF (URA) which tracks a basket of uranium miners. There are also two other funds that offer a more indirect play on uranium, but still give investors exposure to this crucial element.
The Market Vectors Uranium+Nuclear Energy ETF (NLR) invests in companies from all around the world that are involved in the nuclear energy industry, including those that only focus on uranium. Finally, the most indirect play comes from S&P Global Nuclear Energy Index Fund (NUCL) which focuses solely on nuclear energy firms, as opposed to those that are specifically tilted towards uranium.