Global shares
URNM
Betashares Global Uranium ETF · Betashares
A basket of global companies in the uranium industry — miners, explorers and producers, plus some that hold physical uranium — the businesses behind nuclear fuel, not the metal you buy directly.
What the fee costs you
The management fee is 0.69% a year. Here’s what that works out to in dollars:
A 0.69% yearly fee works out to about $69 a year per $10,000 invested.
A rough guide based on the headline fee only. Other costs (such as brokerage or buy/sell spreads) aren’t included.
The basics
- Issuer
- Betashares
- Asset class
- Global shares
- Number of holdings
- ~40
- Where it invests
- Global, concentrated in Canada, Australia, Kazakhstan and the United States where the major uranium companies operate.
- Income paid
- At least annually
- Currency hedged
- No — It's unhedged, so for an Australian investor the value also moves with the Australian dollar against foreign currencies, on top of the markets themselves.
Its character
A narrow, single-sector fund built around uranium and nuclear-fuel companies rather than the whole market. Because these companies are tied to the uranium price, the fund tends to move with it — often more sharply than the commodity itself.
What to keep in mind
Concentrated in one sector and tightly tied to the price of uranium, so it can swing harder than a broad global fund — a narrow focus is a narrower spread of risk, and a single commodity drives much of the ride.
Figures last verified 2026-06-22against the issuer’s factsheet and PDS.