Another option is the Market Vectors Uranium +Nuclear Energy Index ETF (NYSEArca: NLR) which focuses 20% of holdings are of uranium producers and companies. The U.S. and Japan have been included in the country representation, with uranium transportation, enrichment and storage companies part of the focus. The 0.57% expense ratio is comparable to URA, and NLR is a proxy for global nuclear power production and development. URA has lost 15% over the past 6 months, and NLR is down 0.9% for the same time period. [ETFs for a Revival in Nuclear Energy]
Concerns about emissions, energy independence and affordability are all supportive of a return to nuclear energy as a focus. Even oil-rich countries such as Saudi Arabia are building nuclear reactors, an obvious indication that nuclear energy could be the way of the future, reports Don Miller for ETF Daily News.
Global X Uranium ETF
Tisha Guerrero contributed to this article.