(URAA) - Overview
ETF Category: Trading--Leveraged Equity | Exchange: NYSE ARCA (USA) | Market Cap: 44m USD | Total Return: 76.8% in 12m
Avg Turnover: 3.18M
Warnings
Choppy
Tailwinds
No distinct edge detected
URAA is a non-diversified leveraged exchange-traded fund designed to provide 2X daily investment results relative to an index composed of the Global X Uranium ETF and the Sprott Uranium Miners ETF. The fund achieves this exposure by investing at least 80% of its assets in financial derivatives, such as swap agreements, and the underlying securities or ETFs that constitute the index.
The uranium sector is characterized by a concentrated global supply chain where a small number of mining operations account for the majority of primary production. This market is driven by long-term contracting cycles between miners and nuclear utility providers, who require consistent fuel supplies for carbon-free baseload power generation. Investors can use ValueRay to further analyze the specific holdings and risk metrics associated with this leveraged strategy.
- Global uranium spot price volatility dictates daily leveraged fund performance
- Shifts in international nuclear energy policy impact underlying ETF demand
- Daily rebalancing costs erode long-term returns during periods of high volatility
- Mining production output from top global suppliers drives underlying asset valuations
- Changes in central bank interest rates influence capital-intensive nuclear project financing
As of May 29, 2026, the stock is trading at USD 35.12 with a total of 82,180 shares traded.
Over the past week, the price has changed by +10.41%,
over one month by -14.26%,
over three months by -24.12% and
over the past year by +76.83%.
has no consensus analysts rating.