URNM - ETF AI Analysis
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NorthShore Global Uranium Mining ETF (URNM)
Rating:45Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several of the largest positions, such as Cameco and Uranium Energy, have delivered strong year-to-date performance, driving the fund’s returns.
Global Diversification
The ETF has exposure to multiple countries, including Canada, the U.S., Australia, and the UK, reducing reliance on a single geographic market.
Sector Focus on Energy
The ETF’s heavy allocation to the energy sector aligns with the growing demand for uranium and nuclear energy, a potential long-term growth area.
Negative Factors
High Concentration in Top Holdings
The top two holdings make up over 30% of the portfolio, increasing risk if these companies underperform.
Limited Sector Diversification
The ETF is heavily concentrated in the energy sector, leaving it vulnerable to downturns in this industry.
High Expense Ratio
The fund charges a relatively high expense ratio compared to many other ETFs, which could eat into long-term returns.
URNM vs. SPDR S&P 500 ETF (SPY)
AUM2.25B
RegionGlobal
Expense Ratio0.75%
Beta1.32
IssuerSprott
Inception DateDec 03, 2019
Dividend Yield2.71%
Asset ClassEquity
Index TrackedNorth Shore Global Uranium Mining Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume582,091
30 Day Avg. Volume1,023,211
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
76.87Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering26
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
URNM Summary
The NorthShore Global Uranium Mining ETF (URNM) focuses on companies involved in uranium mining, exploration, and production, which are essential for nuclear energy. This ETF tracks the North Shore Global Uranium Mining Index and includes well-known companies like Cameco and Uranium Energy. It’s a great option for investors interested in the growing demand for clean energy, as nuclear power is a reliable, low-carbon energy source. However, since it’s heavily tied to the uranium and nuclear energy sector, its performance can be volatile and influenced by changes in energy policies or uranium prices.
How much will it cost me?The NorthShore Global Uranium Mining ETF (URNM) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than the average for ETFs because it is actively managed and focuses on a specialized sector like uranium mining, which requires more research and management effort.
What would affect this ETF?The NorthShore Global Uranium Mining ETF (URNM) could benefit from the growing global demand for nuclear energy as countries seek cleaner, low-carbon power solutions, which may drive up uranium prices and boost the performance of its top holdings like Cameco and Uranium Energy. However, the ETF could face challenges from regulatory changes, geopolitical tensions affecting uranium supply chains, or a shift in energy policies favoring alternative renewable sources over nuclear power.
URNM Top 10 Holdings
The NorthShore Global Uranium Mining ETF (URNM) is riding the wave of renewed interest in nuclear energy, with Cameco leading the charge thanks to its strong financial footing and strategic partnerships. Uranium Energy is also rising steadily, bolstered by strategic advancements, though valuation concerns linger. On the flip side, Deep Yellow Limited is lagging, weighed down by profitability and cash flow challenges. The fund is heavily concentrated in the energy sector, with a global mix of uranium producers, making it a focused play on the growing demand for cleaner, reliable energy solutions.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Cameco | 20.87% | $353.06M | C$54.09B | 74.29% | 71 Outperform | |
| ― | 13.64% | $230.77M | ― | ― | ― | |
| Uranium Energy | 12.83% | $217.02M | $5.99B | 73.33% | 54 Neutral | |
| National Atomic Company Kazatomprom JSC GDR RegS | 6.84% | $115.77M | $13.28B | 39.98% | ― | |
| Paladin Energy Ltd | 5.25% | $88.74M | C$3.74B | 27.27% | 45 Neutral | |
| Deep Yellow Limited | 5.15% | $87.15M | AU$1.75B | 75.71% | 49 Neutral | |
| Denison Mines | 4.97% | $84.15M | C$3.41B | 42.05% | 47 Neutral | |
| NexGen Energy | 4.83% | $81.64M | C$8.24B | 30.71% | 53 Neutral | |
| Energy Fuels | 4.80% | $81.24M | $3.58B | 182.06% | 54 Neutral | |
| Yellow Cake plc | 4.30% | $72.74M | £1.37B | 18.98% | ― |
URNM Technical Analysis
Positive
―
Price Trends
67.45
Negative
63.47
Positive
57.53
Positive
Market Momentum
-0.83
Negative
50.76
Neutral
76.71
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For URNM, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 62.24, equal to the 50-day MA of 67.45, and equal to the 200-day MA of 57.53, indicating a neutral trend. The MACD of -0.83 indicates Negative momentum. The RSI at 50.76 is Neutral, neither overbought nor oversold. The STOCH value of 76.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for URNM.
URNM Peer Comparison
Comparison Results
Performance Comparison
URNM
NorthShore Global Uranium Mining ETF
64.44
34.04
111.97%
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
DisclaimerThis AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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