Key Highlights

  • The units traded at $12.33 on 9 November 2026, up 52 cents or 4.49 per cent from the previous close of $11.80.
  • Industrials and energy together make up about 92.7 per cent of the portfolio.
  • Canada and Japan are the largest geographic exposures at 32.24 per cent and 28.25 per cent respectively.
  • Management fees and costs are 0.59 per cent a year, and the fund size is about $11.21 million.

The VanEck Uranium and Energy Innovation ETF (ASX:URAN) gives Australian investors exposure to companies across the global uranium and nuclear energy infrastructure chain. As at 9 November 2026, the units were trading at $12.33, with a bid and offer range of $12.38 to $12.51 and a day range of $12.29 to $12.33. The fund is classified in the Equity Australia Large Blend category, although its holdings are predominantly global.

Fund fact

Detail

Last price

$12.33

Previous close

$11.80

Fund size

About $11.21 million

Units outstanding

950,012

Management fees and costs

0.59% a year

Annual yield

0.16%

Where the Portfolio Is Concentrated

Industrials account for 49.70 per cent of the fund, energy for 42.97 per cent and utilities for 6.49 per cent, with technology a small remainder. This mix reflects a focus on companies that build, Supply and operate nuclear and energy infrastructure, rather than uranium producers alone.

Geographically, Canada accounts for 32.24 per cent of holdings and Japan for 28.25 per cent. The United States follows at 23.55 per cent, with South Korea at 7.38 per cent and Australia at 4.49 per cent. The weight towards Japanese and Canadian names means policy and market conditions in those countries will carry influence over the fund.

Leading Holdings and Concentration

Cameco Corporation is the largest position at 14.68 per cent, followed by Sprott Physical Uranium Trust at 7.12 per cent and NexGen Energy at 7.01 per cent. Oklo, Fuji Electric, Hitachi, Atkinsrealis, Mitsubishi Heavy Industries, IHI and Samsung C&T round out the top ten.

The ten largest holdings make up 68.15 per cent of the fund across 34 companies in total. That level of concentration means movements in a small group of uranium or nuclear infrastructure names can move the unit price more than a diversified fund would experience.

Costs, Market Capitalisation and Trading

Management fees and costs are 0.59 per cent a year. Companies with market capitalisations above $1 billion account for 70.10 per cent of holdings, those between $500 million and $1 billion account for 20.02 per cent, and smaller companies make up 9.89 per cent.

The units rose 4.49 per cent during the session, while trading Volume of 2,400 units compared with an average of 3,286 units. The bid and offer spread of 13 cents represents about 1 per cent of the unit price. The stated annual Yield of 0.16 per cent is modest, so returns will depend mainly on share price movements in the underlying companies.

Final Word

The VanEck Uranium and Energy Innovation ETF offers a targeted route into uranium and nuclear infrastructure companies with a global footprint. The unit price advanced sharply during the session, and the emphasis on industrial and energy names gives the fund a different profile from broad Australian equity products. The fee of 0.59 per cent and the high concentration in the top holdings are the figures most relevant to investors weighing the product.