What is URNM and what does it track?

Sprott Uranium Miners ETF (URNM) is an exchange-traded fund focused on the Natural Resources sector, managing $2.14B in assets. The fund has been trading since 2019-12-03. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that devote at least 50% of their assets to (i) mining, exploration, ...

How large is URNM and what does it cost to hold?

URNM currently manages $2.14B in assets. The annual expense ratio (TER) is 0.75%, deducted directly from fund assets. Portfolio turnover stands at 35%, reflecting how frequently holdings are replaced within a year. Lower expense ratios compound favorably over time – a 0.08% TER on a 10-year holding period adds up to meaningfully less drag than a 0.5% fund.

What are the largest holdings in URNM?

URNM allocates 6.6% of its portfolio to Energy. The three largest holdings are NATKY (5.2%), UEC (5%), URG (2.4%). Concentration in the top holdings means single-name events in these positions can have an outsized effect on the ETF's price.

Does URNM pay dividends or distributions?

URNM currently distributes a yield of -0.48%. ETF distributions are typically passed through from dividends and interest generated by the underlying holdings. The actual payout frequency depends on the fund structure – most sector ETFs distribute quarterly.

What is URNM's historical performance?

Reported performance for URNM: year-to-date 13.01%, 3-year cumulative 33.41%, 5-year cumulative 19.79%. Past performance is not indicative of future results. Returns reflect price changes only and may differ from total return figures that include distributions.

What is the current trend signal for URNM?

As of the most recent session, URNM closed at $47.87. The swing trend is negative with ADX at 9.1 (weak trend strength). Momentum is bearish and has been running for 25 trading days. No Golden Cross is currently active All data is updated once per trading day after the US market closes.

When was the last Trendchange signal for URNM?

The most recent Trendchange signal for URNM fired on 11.08.26 at $55.37. The position has been open for 20 trading days. Performance after 10 days: +6.05%. The system's historical edge across 17 tracked signals is +15.54%. Trendchange signals are based on proprietary moving average crossover logic applied to end-of-day price data.

URNM – Sprott Uranium Miners ETF

ETF

Natural Resources | Inception: 2019-12-03

Quick Stats

Trend Signal

$47.87

Last Close

Official EOD price – basis for all calculations

▼ Short

Swing Trend

Moving average structure confirms downtrend – bears in control

+15.54%

Signal Edge

Moderate edge across 1 signals – signal performs above random, not exceptional

9.1

Trend Strength (ADX)

Weak / ranging – trend signals less reliable

Last Trendchange Signal

11.08.26

Date

Signal entry date

$55.37

Entry Price

Closing price at signal date

20d

Days Held

Trading days since signal

+6.05%

+10d

Return after 10 trading days

-1.26%

+20d

Return after 20 trading days

-1.26%

+30d

Return after 30 trading days

–

+60d

Not yet reached

Trend Overview

Neutral – No Clear Edge Composite Score: -1 / 7

URNM is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

URNM Price Chart

Technical Trend Analysis

As of 07.10.2026 · Close: $47.87 · ATR14: $3.78

Neutral – No Clear Edge Composite Score: -1 / 7

URNM is in a neutral phase with no clear directional edge. Trend and momentum indicators are roughly balanced between positive and negative readings.

What to watch

No actionable setup is present. The market is not offering a clean edge in either direction. Patience is the discipline here.

Indicator	Signal	Detail
Swing Trend	▼ Short	Primary directional bias
Momentum	▼ Down · -25d	Strength: -0.48 – Rising
Trend Strength (ADX)	9.1 – Weak	ADX38: 11.4
Volatility (HV30)	44.7% – Calm	HV90: 49.4% \| HV180: 54.3%
Vola Compression	None	Normal range
MA Structure	Death Cross ✗	Stack: No MAs aligned
EMA21 Distance	-1.23 ATR ↑	EMA21: $49.63
GD200 Extension	-5.5 ATR – Normal	GD20: -1.1 \| GD50: -2.6 \| GD100: -3.0

📉 Downside Momentum Intensifying

Downward momentum active for -25 days and still building (-0.48). Selling pressure is not easing.

⚪ Trend Strength – ADX14: 9.1 (Weak)

Weak or ranging market. ADX38: 11.4. Trend-following signals carry lower reliability.

🔻 Volatility Calm

HV30: 44.7% | HV90: 49.4% | HV180: 54.3%. Short-term vol is below its 90-day average. Calmer conditions favour tighter setups.

💀 Death Cross – Long-term Bearish

Death Cross in place. GD50 $53.02 below GD200 $60.32. Long-term structure remains bearish. MA stack: No MAs aligned.

📈 EMA21 – Trend Accelerating

Price is pulling away from the EMA21 ($49.63) with -1.23 ATR distance and growing.

📐 Key Price Levels & ATR Distance

GD20: $49.90 (-1.1 ATR) | GD50: $53.02 (-2.6 ATR) | GD100: $53.92 (-3.0 ATR) | GD200: $60.32 (-5.5 ATR). ATR14: $3.78.

Monthly Performance History

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2019												3.72	3.72
2020	-10.54	-8.22	-12.41	T 37.82	3.68	-5.58	T 11.61	9.72	-14.52	-6.22	T 10.24	45.47	67.74
2021	-5.11	20.13	1.28	0.12	T 5.88	-9.25	-6.17	T 6.40	18.29	11.17	-8.63	-3.55	77.29
2022	-16.40	T 14.62	9.12	-10.93	-5.20	-13.67	T 18.76	14.67	-11.50	-0.42	T 2.15	-3.91	-18.24
2023	T 15.98	-11.16	-8.17	T 9.25	0.66	2.38	4.17	10.85	20.64	1.58	T 5.17	-1.89	69.13
2024	14.55	-17.58	0.31	T -4.55	9.01	-11.05	-5.50	-2.88	T 17.58	0.45	3.69	-14.69	-14.98
2025	-6.02	-12.97	-0.67	T 6.67	14.62	21.43	-3.40	T 14.80	17.57	7.91	-8.54	T 0.24	27.09
2026	23.01	0.33	-16.42	T 7.33	-8.71	-13.98	-7.26	T 12.01	-13.19	1.33			-20.81

T A T badge marks a Trendchange signal in that month. Hover for entry price.

URNM - Trendchange Chart

Trendchange Signal History

The last 10 Trendchange signals for URNM:

Date	Entry Price	Days Held	+10d	+20d	+30d	+60d
11.08.26	$55.37	20d	+6.05%	-1.26%	-1.26%	+0%
20.04.26	$70.41	8d	-4.66%	-4.66%	-4.66%	-4.66%
10.12.25	$58.25	4d	+0%	+0%	+0%	+0%
27.08.25	$49.49	48d	+9.11%	+18.91%	+23.48%	+20.41%
24.04.25	$34.30	51d	+9.48%	+7.52%	+22.33%	+36.24%
23.09.24	$45.02	33d	+7.66%	+17.48%	+10.17%	+10.17%
03.04.24	$54.64	4d	-8.55%	-8.58%	-8.58%	-8.58%
13.11.23	$47.51	23d	+4.88%	+2.08%	+3.16%	+3.16%
27.04.23	$30.11	24d	+8.73%	+2.13%	+2.13%	+2.13%
09.01.23	$31.17	43d	+4.94%	+0.8%	+3.56%	+3.56%

Signal Statistics - Historical Edge

Calculated edge for URNM: 15.54%

Range	N	10d	20d	30d	60d	Signal
>20%	1	+45.02%	+29.53%	+37.08%	+37.08%	Hold
15-20%	1	+15.57%	+27.71%	+19.87%	+19.87%	Hold
7-10%	6	+8.9%	+10.8%	+14.55%	+14.66%	Hold
5-7%	2	+5.83%	+13.62%	+23.32%	+28.72%	Hold
3-5%	3	+4.41%	+2.92%	+4.32%	+4.7%	Close
-3-1%	1	-1.65%	-4.31%	-4.31%	-4.31%	Neg
-5-3%	2	-4.42%	-4.42%	-4.42%	-4.42%	Neg
-10-7%	1	-8.55%	-8.58%	-8.58%	-8.58%	Neg

Exit Rules: Stoploss: -10% | Close if below 5% after 10 days

📊

No Options Data Available

Options flow data for URNM is not yet tracked. Check back after the next market session.

About Sprott Uranium Miners ETF

The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that devote at least 50% of their assets to (i) mining, exploration, development, and production of uranium; and/or (ii) holding physical uranium, owning uranium royalties, or engaging in other, non-mining activities that support the uranium mining industry. It is non-diversified.

Fund Overview

Metric	Value
Assets under Management	$2.14 B
Expense Ratio	0.75%
Dividend Yield	-0.48%
Portfolio Turnover	35%
YTD Return	13.01%
3-Year Return	33.41%
5-Year Return	19.79%

Sector Allocation

Sector	Weight
Energy	6.6%

Top 10 Holdings

Symbol	Company	Weight
NATKY	NATIONAL ATOMIC CO KAZATOMPROM JSC ADR	5.24%
UEC	URANIUM ENERGY CORP	4.97%
URG	UR-ENERGY INC	2.43%
EU	ENCORE ENERGY CORP	1.61%
TPIXX	STATE STREET INSTL TRS PLS MMKT PREMIER	0.01%

Frequently Asked Questions – Sprott Uranium Miners ETF (URNM)

Disclaimer: All trade history on this page reflects the author's personal trading activity only. This is not financial advice. Past performance is not indicative of future results. See our full Disclaimer.