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URA · Analysis updated Nov 10, 2026, 6:00 PM ET
Why is Global X Uranium ETF (URA) stock moving?
No news items or SEC filings were found for URA in the 14 and 45 days before Nov 10, 2026, so this view rests only on the 30-day price and volume data. Shares closed at $33.15 on Nov 10, down 3.5% from $34.34 on Nov 9 and roughly 2.8% below the $34.09 close on Oct 22. The fund has made lower highs since its $36.57 peak on Oct 28, with the Nov 9 high at $34.59. The Nov 5 session was the period's clearest event: the fund fell to a $30.98 low on 9.03M shares, about 1.8 times the roughly 4.9M-share average, and then rebounded to $34.34 by Nov 9. The Nov 10 decline came on lower volume of 3.47M, which suggests less conviction behind the latest move. Price remains inside a broad $31 to $36.5 range without a confirmed break in either direction.
About Global X Uranium ETF
The Global X Uranium ETF has been around since 2010 and holds companies across the uranium and nuclear power supply chain. These include miners, explorers, fuel processors, nuclear equipment makers and newer reactor developers. It is one of the largest uranium funds and leans heavily on a few big names, especially Cameco, which has made up roughly a fifth or more of the fund.
How the fund works
It tracks the Solactive Global Uranium & Nuclear Components Index, which weights holdings by market value (how much each company is worth on the stock market). It holds roughly 50–60 stocks listed around the world, mainly in Canada, the US, Australia and Kazakhstan, and it can also hold uranium vehicles such as the Sprott Physical Uranium Trust. There is no leverage. The expense ratio is about 0.69% a year. The main risks are that a few top holdings carry a lot of weight, prices can swing sharply (a 5-year beta of about 1.9, meaning it has moved roughly twice as much as the overall market), and foreign currency and country risk.
What usually moves URA
- Spot and long-term uranium prices
- Nuclear policy and reactor construction plans
- Power demand from AI data centers
- Supply news from Kazakhstan, Canada and Niger
- Cameco's share price