Sprott Junior Uranium Miners ETF
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As of January 9, 2026
NAV
$29.23
NAV Daily Change
-$0.22
-0.75%
NAV Since Inception Cumulative Change1
66.56%
Ticker
URNJ
Market Price2
$29.22
Premium/Discount3
-0.03%
Total Net Asset Value
$416.85 Million
Net Total Expense Ratio4
0.80%
Overview
Key Points
- Pure-Play† Junior Uranium ETF – The only†† pure-play ETF focused on small uranium miners, with the potential for significant revenue and asset growth.
- Uranium Bull Market – A new uranium bull market is likely underway as demand outstrips supply, nations seek energy security and prices have the potential to increase—incentivizing miners and providing opportunities to investors.
- Critical Material in Meeting Energy Demand – Uranium and nuclear energy may be critical to meeting the world’s expanding need for electricity, and countries recently committed to tripling global nuclear energy capacity by 2050 to reach net-zero goals.
- Supporting Energy Security – Uranium and nuclear energy may help countries achieve a reliable and affordable source of electricity.
Investment Objective
Sprott Junior Uranium Miners ETF (Nasdaq: URNJ) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ), which is designed to track the performance of mid-, small- and micro-cap companies in uranium-mining related businesses.
†The term “pure-play” relates directly to the exposure that the Fund has to the total universe of investable, publicly listed securities in the investment strategy.
††Based on Morningstar’s universe of Natural Resources Sector Equity ETFs as of 9/30/2025.
Key Facts
Ticker
URNJ
Listing Exchange
Nasdaq®
Benchmark Index
NSURNJ
Index Rebalance Frequency
Semi-Annually in June & December
ISIN
Show ISIN
ISIN: US85208P8086
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
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CUSIP: 85208P808
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
February 1, 2023
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.80% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.80% |
ETF Fund Details
January 9, 2026
Total Net Assets
$416,849,426.75
Shares Outstanding
14,260,000
Number of Holdings
33
Median 30 Day Bid Ask Spread
(As of 1/8/2026)
0.51%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 12/31/2025
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.*1 |
| Sprott Junior Uranium Miners ETF (Net Asset Value) |
4.21 | -7.92 | 44.76 | 44.76 | 13.21 |
| Sprott Junior Uranium Miners ETF (Market Price)2 |
3.37 | -7.73 | 44.62 | 44.62 | 13.20 |
| Nasdaq Sprott Junior Uranium Miners™ Index (Benchmark)5 |
5.24 | -6.91 | 47.49 | 47.49 | 14.55 |
Quarter-End Performance
Average Annual Total Returns (%) As of 12/31/2025
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | S.I.*1 |
| Sprott Junior Uranium Miners ETF (Net Asset Value) |
4.21 | -7.92 | 44.76 | 44.76 | 13.21 |
| Sprott Junior Uranium Miners ETF (Market Price)2 |
3.37 | -7.73 | 44.62 | 44.62 | 13.20 |
| Nasdaq Sprott Junior Uranium Miners™ Index (Benchmark)5 |
5.24 | -6.91 | 47.49 | 47.49 | 14.55 |
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
* Returns less than one year are not annualized.
1 Inception Date: 2/1/2023.
2 Market Price is based on the midpoint of the bid/ask spread at 4 p.m. ET and does not represent the returns an investor would receive if shares were traded at other times.
3 The Premium/Discount is the amount (stated in dollars or percent) by which the selling or purchase price of an ETF is greater than (premium) or less than (discount) its face amount/value or net asset value (NAV).
4 Reflects Total Annual Operating Expenses as outlined in the most recent prospectus. For the services the Adviser (Sprott Asset Management USA, Inc.) provides to the Fund, the Adviser is entitled to receive an annual advisory fee from the Fund calculated daily and paid monthly at an annual rate of 0.80% of net assets.
5 The Nasdaq Sprott Junior Uranium Miners™ Index (NSURNJ™) was co-developed by Nasdaq® (the “Index Provider”) and Sprott Asset Management LP (the “Sponsor”). The Index Provider and Sponsor co-developed the methodology for determining the securities to be included in the Index and the Index Provider is responsible for the ongoing maintenance of the Index. The Sponsor will provide certain services in connection with the Index including contributing inputs in connection with the eligibility and process to determine the initial selection and ongoing composition of the Index constituents.
Market Price vs. Net Asset Value Since Inception
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 01, 2023.
Historical Premium/Discount: Market Price to Net Asset Value
User Options: Mouse over the graph to view detailed daily values; click and drag your mouse to choose specific time frames. Click on the "Reset Zoom" button to return to the full timeline view.
Inception date: February 01, 2023.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of January 10, 2026
| CY 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
| Days Traded at Premium | 141 | -- | -- | -- | -- |
| Days Traded at Discount | 104 | -- | -- | -- | -- |
Portfolio Characteristics*
As of 12/31/2025
| Number of Issuers | 33 |
| Market Cap (millions) | $24,086.26 |
| Weighted Avg. Company Market Cap (millions) | $2,154.88 |
| Market Cap Breakdown | |
| Large (>$10B) | 0% |
| Medium ($2 -$10B) | 54.50% |
| Small (<$2B) | 45.50% |
| Material Weightings††† | |
| Uranium Equities | 100% |
††† Reflects equities classified by Sprott Asset Management.
Company Domicile Breakdown*
As of 12/31/2025
* Excludes cash
Holdings
As of 1/09/2026
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Paladin Energy Ltd. | $55,074,273.61 | PDN AU | 6668468 | 7,759,036.00 | 13.21% |
| Denison Mines Corp. | $53,375,994.18 | DNN | B0122F3 | 16,125,678.00 | 12.80% |
| Energy Fuels Inc. | $52,061,305.92 | UUUU | BFV4XW8 | 2,866,812.00 | 12.49% |
| NexGen Energy Ltd. | $48,779,103.84 | NXE | BCH0BB4 | 4,541,816.00 | 11.70% |
| Deep Yellow Ltd. | $20,781,336.71 | DYL AU | 6480275 | 15,227,117.00 | 4.99% |
| CGN Mining Co. Ltd. | $19,752,761.56 | 1164 HK | B755514 | 42,297,500.00 | 4.74% |
| Ur-Energy Inc. | $19,115,826.88 | URG | B0WW4L2 | 11,655,992.00 | 4.59% |
| Encore Energy Corp. | $16,633,028.03 | EU CN | BN48958 | 5,964,098.00 | 3.99% |
| Uranium Royalty Corp. | $15,876,346.80 | UROY | BL7BHH8 | 3,949,340.00 | 3.81% |
| Boss Energy Ltd. | $14,064,247.05 | BOE AU | B1XLCQ6 | 13,180,448.00 | 3.37% |
| IsoEnergy Ltd. | $13,973,685.28 | ISO CN | BTTRKM6 | 1,278,165.00 | 3.35% |
| Bannerman Energy Ltd. | $12,977,222.45 | BMN AU | B07DXJ1 | 5,388,323.00 | 3.11% |
| Lotus Resources Ltd. | $11,460,179.04 | LOT AU | BK6XLC1 | 79,675,962.00 | 2.75% |
| Global Atomic Corp. | $9,470,710.98 | GLO CN | BF11BK3 | 13,869,607.00 | 2.27% |
| Mega Uranium Ltd. | $5,589,118.66 | MGA CN | 2817833 | 13,179,426.00 | 1.34% |
| Atha Energy Corp. | $5,566,770.31 | SASK CN | BNQNDF9 | 11,063,956.00 | 1.34% |
| Berkeley Energia Ltd. | $4,177,265.99 | BKY AU | 6589473 | 11,671,125.00 | 1.00% |
| Peninsula Energy Ltd. | $3,687,777.34 | PEN AU | 6486381 | 7,763,914.00 | 0.88% |
| Laramide Resources Ltd. | $3,357,132.61 | LAM CN | 2507952 | 7,185,555.00 | 0.81% |
| CanAlaska Uranium Ltd. | $3,262,763.90 | CVV CN | BR1YTV3 | 6,675,471.00 | 0.78% |
| Elevate Uranium Ltd. | $3,088,759.33 | EL8 AU | BM8ZH21 | 13,579,367.00 | 0.74% |
| Alligator Energy Ltd. | $2,896,760.60 | AGE AU | B55ZH25 | 139,677,124.00 | 0.69% |
| F3 Uranium Corp. | $2,542,474.93 | FUU CN | BMW5VG9 | 22,107,614.00 | 0.61% |
| Kirkstone Metals Corp. | $2,465,656.06 | KSM CN | BVF9B49 | 927,120.00 | 0.59% |
| Anfield Energy Inc. | $2,403,950.47 | AEC CN | BRT7VZ2 | 387,543.00 | 0.58% |
| Aura Energy Ltd. | $2,373,848.88 | AEE AU | B14Z2S9 | 19,180,314.00 | 0.57% |
| Skyharbour Resources Ltd. | $2,365,088.53 | SYH CN | BDFGHL3 | 7,231,713.00 | 0.57% |
| Forsys Metals Corp. | $1,889,882.39 | FSY CN | 2597801 | 6,492,096.00 | 0.45% |
| Premier American Uranium Inc. | $1,441,178.84 | PUR CN | BPG4WM6 | 2,252,854.00 | 0.35% |
| Western Uranium & Vanadium Corp. | $1,393,115.90 | WUC CN | BF39VJ4 | 2,363,625.00 | 0.33% |
| Atomic Eagle Ltd. | $1,039,975.87 | AEU AU | BSQM0M7 | 4,710,681.01 | 0.25% |
| Future Fuels Inc. | $485,240.75 | FTUR CN | BP38ZC2 | 843,864.00 | 0.12% |
| Stallion Uranium Corp. | $352,824.50 | STUD CN | BSJQPC1 | 1,487,476.00 | 0.08% |
| Cash Equivalent | $3,073,818.56 | $3,073,818.56 | 0.75% |
33 total, excluding cash and cash equivalents. Subject to change.
Distributions
Ex-Date |
Record Date |
Payable Date |
Short-Term Capital Gains |
Long-Term Capital Gains |
Ordinary Income |
Total Distributions |
12/14/2023 |
12/15/2023 |
12/21/2023 |
- |
- |
$0.95 |
$0.95 |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$0.81 |
$0.81 |
12/18/2025 |
12/18/2025 |
12/22/2025 |
- |
- |
$1.66 |
$1.66 |
Literature
Fact Sheet
Quarterly Investor Presentation
5 Reasons to Invest
Index Rebalance
White Paper
FAQs
Year-End Distributions
Regulatory Documents
- Semi-Annual Financial Statements and Other Important Information, June 30, 2025
- Tailored Shareholder Report, June 30, 2025
- Annual Reports Financial Statements and Other Important Information, December 31, 2024
- Tailored Shareholder Report, December 31, 2024
- Tailored Shareholder Report, June 30, 2024
- Semi-Annual Financial Statements and Other Important Information, June 30, 2024
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
- Annual Report, December 31, 2023
Commentary
Uranium Outlook 2026
VIDEO · JOHN CIAMPAGLIA· 12/30/2025
John Ciampaglia joins Jimmy Connor of Bloor Street Capital to discuss uranium’s outlook as government support for nuclear energy strengthens. Tightening supply, rising reactor demand and growing institutional involvement are fueling bullish expectations for uranium and related mining equities in 2026.
Uranium Outlook 2026
PODCAST · ED COYNE AND JOHN CIAMPAGLIA · 12/19/2025
Host Ed Coyne and Sprott CEO John Ciampaglia recap a surprising 2025 for the uranium market, characterized by flat spot prices that contrasted sharply with strong mining equities and bullish long-term demand signals for nuclear power. Together, Ed and John look ahead to 2026, highlighting the potential for renewed contracting, higher prices and pivotal U.S. policy decisions that are likely to boost demand for uranium and nuclear power.
Uranium’s Tale of Two Markets
BY JACOB WHITE · 12/15/2025
The uranium market's short-term volatility has masked strengthening fundamentals, as long-term prices rise, supply tightens and policy commitments translate into greater demand for nuclear power. With capital flowing into miners, upstream fundamentals improving and policy alignment accelerating, we believe the uranium market is well positioned for a stronger setup in 2026.
National Security, Mining Investment and the Future of Materials: A Critical Crossroads
BY STEVE SCHOFFSTALL · 11/27/2025
In this episode of Metals in Motion, Steve Schoffstall discusses how government initiatives and major private-sector investment are transforming the critical materials space. New U.S. equity stakes, global agreements and nuclear projects are accelerating efforts to rebuild secure domestic supply chains.
Infographic: The Uranium Opportunity
BY SPROTT · 11/17/2025
Global uranium mine supply continues to fall short of reactor demand, creating a persistent and widening deficit. With uranium demand expected to double by 2040, these tightening fundamentals underpin a powerful long-term investment case.
Overview of Uranium Spot and Term Markets
VIDEO · PER JANDER · 9/22/2025
Per Jander of WMC joins Jimmy Connor of Bloor Street Capital at the World Nuclear Symposium 2025. Jander highlights the industry’s growing optimism and Microsoft’s entry as a paradigm shift. Jander sees limited downside for the sector, given rising utility contracting and strong fundamentals.
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Contact Us
Investment Adviser
Sprott Asset Management USA, Inc.
320 Post Road, Suite 230
Darien, CT 06820
Telephone: 888.622.1813
Distributor and Sub-Adviser
ALPS
1290 Broadway, Suite 1100
Denver, CO 80203
Client Services
Financial Advisors and Investors
Telephone: 888.622.1813
Email: bullion@sprott.com
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