Sprott Uranium Miners ETF
Page Menu - URNM
As of August 21, 2026
NAV
$57.35
NAV Daily Change
+$3.36
+6.22%
NAV Since Inception Cumulative Change1
452.90%
Ticker
URNM
Market Price2
$58.14
Premium/Discount3
1.38%
Total Net Asset Value
$2.12 Billion
Net Total Expense Ratio4
0.75%
Overview
Key Points
- Pure-Play† Uranium ETF – A U.S.-listed uranium ETF focused on uranium miners and physical uranium.
- 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 Uranium Miners ETF (NYSE Arca: URNM) seeks to invest at least 80% of its total assets in securities of the VettaFi Global Uranium Mining Index (URNMX). The Index is designed to track the performance of companies that devote at least 50% of their assets to the uranium mining industry, which may include mining, exploration, development and production of uranium, or holding physical uranium, owning uranium royalties or engaging in other non-mining activities that support the uranium mining industry.
†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.
Key Facts
Ticker
URNM
Listing Exchange
NYSE Arca
Benchmark Index
URNMX
Index Rebalance Frequency
Quarterly
ISIN
Show ISIN
ISIN: US85208P3038
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
CUSIP
Show CUSIP
CUSIP: 85208P303
Copyright 2026, American Bankers Association. CUISP Database provided by FactSet Research Systems Inc. All rights reserved.
Inception Date
December 3, 2019
Adviser
Sprott Asset Management USA, Inc.
Sub-Adviser
ALPS Advisors, Inc.
Distributor
ALPS Distributors, Inc.
Fees & Expenses4
| Management Fee | 0.75% |
| Other Expenses | 0.00% |
| Total Annual Fund Operating Expenses | 0.75% |
ETF Fund Details
August 21, 2026
Total Net Assets
$2,124,921,767.27
Shares Outstanding
37,055,000
Number of Holdings
25
Median 30 Day Bid Ask Spread
(As of August 20, 2026)
0.30%
Performance
Month-End Performance
Average Annual Total Returns (%) As of 7/31/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | S.I.1 |
| Sprott Uranium Miners ETF (Net Asset Value) |
-7.25 | -28.04 | -11.50 | 10.54 | 15.90 | 14.10 | 26.11 |
| Sprott Uranium Miners ETF (Market Price)2 |
-7.77 | -29.13 | -11.81 | 11.10 | 15.37 | 13.97 | 26.07 |
| North Shore Global Uranium Mining Index (Benchmark)5 |
-7.19 | -27.84 | -10.82 | 12.00 | 16.91 | 15.09 | 27.24 |
Quarter-End Performance
Average Annual Total Returns (%) As of 6/30/2026
| Fund | 1 MO* | 3 MO* | YTD* | 1 YR | 3 YR | 5 YR | S.I.1 |
| Sprott Uranium Miners ETF (Net Asset Value) |
-14.47 | -15.57 | -4.59 | 13.05 | 19.82 | 14.42 | 27.94 |
| Sprott Uranium Miners ETF (Market Price)2 |
-14.15 | -16.60 | -4.38 | 13.63 | 19.97 | 14.62 | 28.01 |
| North Shore Global Uranium Mining Index (Benchmark)5 |
-14.40 | -15.15 | -3.91 | 14.92 | 20.92 | 15.40 | 29.09 |
Performance data quoted represents past performance. Past performance is no guarantee of future results so that shares, when redeemed may be worth more or less than their original cost. The investment return and principal value will fluctuate. Current performance may be higher or lower than the performance quoted. Call 888.622.1813 for current month end performance.
* Returns less than one year are not annualized.
1 Inception Date: 12/3/2019. URNM was reorganized from the North Shore Global Uranium Mining ETF into the Sprott Uranium Miners ETF on 4/22/2022. URNM is a continuation of the prior ETF and, therefore, the performance information shown includes the prior ETF’s performance.
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 0.75% of net assets. This fee was lowered to 0.75% as of 4/1/2024.
5 The index was acquired by VettaFi, a differentiated index provider with modern distribution solutions and a subsidiary of TMX Group, and as of 4/30/2026 it was renamed the VettaFi Global Uranium Mining Index.
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: December 03, 2019.
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: December 03, 2019.
Frequency Distribution: Premium/Discount
Trading Days Each Quarter
Data updated as of August 24, 2026
| CY 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | |
| Days Traded at Premium | 132 | 39 | 29 | -- | -- |
| Days Traded at Discount | 115 | 22 | 32 | -- | -- |
Portfolio Characteristics*
As of 7/31/2026
| Number of issuers | 25 |
| Market Cap (Millions) | $81,729.37 |
| Weighted Avg. M.C. | $9,764.80 |
| Market Cap Breakdown (%) | |
| Large | 24.30% |
| Medium | 35.13% |
| Small | 26.02% |
| Non Classified | 14.55% |
| Industry Weighting (%) | |
| Uranium & Related Equities | 81.13% |
| Physical Uranium | 18.87% |
†Reflects equities classified by Sprott Asset Management.
Company Domicile Breakdown*
As of 7/31/2026
* Excludes cash
Holdings
As of 8/21/2026
| Security | Market Value | Symbol | SEDOL | Quantity | Weight |
|---|---|---|---|---|---|
| Cameco Corp. | $414,120,103.02 | CCJ | 2158684 | 4,039,802.00 | 19.49% |
| Sprott Physical Uranium Trust | $289,252,140.60 | U-U CN | BNZKG52 | 14,326,825.00 | 13.61% |
| NexGen Energy Ltd. | $271,797,726.90 | NXE | BCH0BB4 | 25,027,415.00 | 12.79% |
| Denison Mines Corp. | $113,652,924.00 | DNN | B0122F3 | 32,472,264.00 | 5.35% |
| Uranium Energy Corp. | $98,951,082.12 | UEC | B0VLLY2 | 7,754,787.00 | 4.66% |
| Energy Fuels Inc. | $98,564,882.20 | UUUU | BFV4XW8 | 6,510,230.00 | 4.64% |
| NAC Kazatomprom JSC | $96,305,484.60 | KAP LI | BGXQL36 | 1,371,873.00 | 4.53% |
| Deep Yellow Ltd. | $95,703,345.74 | DYL AU | 6480275 | 88,072,978.00 | 4.50% |
| CGN Mining Co. Ltd. | $95,666,752.69 | 1164 HK | B755514 | 252,510,300.00 | 4.50% |
| Paladin Energy Ltd. | $95,261,327.12 | PDN AU | 6668468 | 12,553,336.00 | 4.48% |
| Yellow Cake PLC | $83,839,826.76 | YCA LN | BF50RG4 | 10,502,049.00 | 3.95% |
| Bannerman Energy Ltd. | $58,433,536.18 | BMN AU | B07DXJ1 | 21,326,864.00 | 2.75% |
| Ur-Energy Inc. | $58,301,699.70 | URG | B0WW4L2 | 41,057,535.00 | 2.74% |
| IsoEnergy Ltd. | $51,323,783.74 | ISO CN | BTTRKM6 | 4,332,942.00 | 2.42% |
| Boss Energy Ltd. | $48,210,508.78 | BOE AU | B1XLCQ6 | 44,220,772.00 | 2.27% |
| Atha Energy Corp. | $29,381,784.90 | SASK CN | BNQNDF9 | 34,285,804.00 | 1.38% |
| Encore Energy Corp. | $25,868,518.94 | EU CN | BN48958 | 21,587,671.00 | 1.22% |
| Global Atomic Corp. | $21,192,788.77 | GLO CN | BF11BK3 | 53,057,110.00 | 1.00% |
| Mega Uranium Ltd. | $17,470,268.54 | MGA CN | 2817833 | 38,183,629.00 | 0.82% |
| Alligator Energy Ltd. | $13,354,666.74 | AGE AU | B55ZH25 | 443,314,522.00 | 0.63% |
| Eagle Nuclear Energy Corp. | $12,989,664.63 | NUCL | BSRFLX3 | 1,781,847.00 | 0.61% |
| Laramide Resources Ltd. | $10,935,399.00 | LAM CN | 2507952 | 23,165,381.00 | 0.51% |
| Lotus Resources Ltd. | $9,352,774.92 | LOT AU | BK6XLC1 | 54,332,218.00 | 0.44% |
| Peninsula Energy Ltd. | $9,056,571.19 | PEN AU | 6486381 | 45,095,579.00 | 0.43% |
| CanAlaska Uranium Ltd. | $1,562,373.18 | CVV CN | BR1YTV3 | 5,736,826.00 | 0.07% |
| Cash Equivalent | $4,371,832.31 | $4,371,832.31 | 0.21% |
25 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 |
12/28/2020 |
12/29/2020 |
12/31/2020 |
- |
- |
$1.10 |
$1.10 |
12/28/2021 |
12/29/2021 |
12/31/2021 |
- |
- |
$4.82 |
$4.82 |
12/15/2022 |
12/16/2022 |
12/22/2022 |
- |
- |
- |
- |
12/14/2023 |
12/15/2023 |
12/21/2023 |
- |
- |
$1.75 |
$1.75 |
12/12/2024 |
12/12/2024 |
12/19/2024 |
- |
- |
$1.28 |
$1.28 |
12/18/2025 |
12/18/2025 |
12/22/2025 |
- |
- |
$1.74 |
$1.74 |
Literature
Fact Sheet
Quarterly Investor Presentation
5 Reasons to Invest
Index Rebalance
FAQs
Year-End Distributions
Regulatory Documents
- Summary Prospectus
- Statutory Prospectus
- Statement of Additional Information
- Annual Reports Financial Statements and Other Important Information, December 31, 2025
- Tailored Shareholder Report, December 31, 2025
- 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
- Semi-Annual Financial Statements and Other Important Information, June 30, 2024
- Tailored Shareholder Report, June 30, 2024
- Annual Report, December 31, 2023
Press Releases
List of Sprott ETF Holdings
Commentary
On the Cusp of a New Contracting Cycle
BY JACOB WHITE · 8/18/2026
Long-term uranium fundamentals continue to strengthen as uncovered utility requirements grow and reliable future supply becomes increasingly scarce. We examine how contracting dynamics, energy security priorities and structural supply constraints are reshaping the uranium market outlook.
Why Critical Materials Remain a Long-Term Investment Theme
VIDEO · 8/10/2026
How are critical materials navigating today’s volatile environment? In this episode of Metals in Motion, Steve Schoffstall joins ETFguide’s Thalia Hayden to discuss the impact of AI, data centers and rising power demand on metals consumption, shifting global supply chains and where investors may find opportunities in critical materials.
Uranium Fundamentals Strengthen Beneath the Market Noise
BY JACOB WHITE· 7/14/2026
Despite recent weakness in uranium equities, the sector's underlying fundamentals continue to strengthen. Rising long-term uranium prices, improving policy support and persistent supply constraints reinforce the long-term investment case as governments increasingly turn to nuclear power to meet energy security, electrification and decarbonization objectives.
Uranium Update from Per's Cabin - The Sequel
SPROTT RADIO PODCAST · 7/13/2026
While southern Europe suffers through its latest heatwave, our resident Director of Nuclear Fuel has wisely decamped to the cool serenity of his cabin in rural Sweden. Per Jander joins Sprott Radio for all the latest news in uranium and nuclear fuel contracting.
Metals and Miners: Policy Over Price
VIDEO · 7/8/2026
Markets are changing and policy is becoming just as important as price in shaping the outlook for critical materials. In this edition of Metals in Motion, Sprott's Justin Tolman explains how government intervention, supply chain security and market volatility are creating new opportunities across metals and mining, while highlighting what investors should watch in the second half of 2026.
Metals and Miners: Opportunities in the Strategic Resource Race
WEBCAST · 6/23/2026
As nations race to secure critical metals, macro and geopolitical forces are reshaping the outlook. In this mid-year webcast, Ryan McIntyre, Paul Wong and Ed Coyne break down the key drivers across gold, silver, copper, uranium and more, and what they may mean for markets and investment opportunities in the second half of 2026.
How to Purchase
Invest Now
Sprott ETFs are liquid, convenient investments that can be purchased like any regular stock through financial advisors and discount/full-service brokers. You can purchase and trade shares of Sprott ETFs through your financial advisor or directly through an online brokerage firm. These online brokerage firms may include:
U.S. Investors
Canadian Investors
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: invest@sprott.com
Standard Mail
Sprott ETFs
P.O. Box 1107
Denver, CO 80201
Overnight Mail
Sprott ETFs
1290 Broadway
Suite 1100
Denver, CO 80203