By
Brian D. Pacampara
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More Articles
October 20, 2011
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Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the Global X Uranium ETF (NYSE: URA ) has earned a coveted five-star ranking.
With that in mind, let's take a closer look at Global X Uranium and see what CAPS investors are saying about the ETF right now.
Global X Uranium facts
| Inception |
November 2010 |
| Total Assets |
$180 million |
| Investment Approach |
Seeks to provide investment results that correspond to the Solactive Global Uranium Index, which reflects the performance of the uranium mining industry |
| Expense Ratio |
0.69% |
| 1-Month / 3-Month / Year-to-Date Return |
(5.3%) / (26.1%) / (55.6%) |
| Top Holdings with High CAPS Rating (4 or 5 Stars) and Portfolio Weight |
Cameco (NYSE: CCJ ) (21.8%)
Denison Mines (AMEX: DNN ) (3.8%)
USEC (NYSE: USU ) (2.6%)
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| Alternatives |
Market Vectors Nuclear Energy ETF (NYSE: NLR )
iShares S&P Global Nuclear Energy Index (Nasdaq: NUCL )
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Sources: Morningstar and Motley Fool CAPS.
On CAPS, all of the 112 members who have rated Global X Uranium believe the ETF will outperform the S&P 500 going forward. These bulls include mhy729 and fvolyand.
A few months ago, mhy729 tapped Global X Uranium as an atomic turnaround opportunity:
Nuclear power is being hated on, and uranium prices have followed suit. I expect this trend to reverse in time. Taking a long-term view on this one.
Global X Uranium, in particular, offers high liquidity relative to its competitors. In fact, it has a higher average trading volume (438,000 shares) and higher net assets ($180 million) than that of Market Vectors Nuclear Energy and iShares S&P Global Nuclear Energy.
CAPS member fvolyand elaborates on the bull case:
After the Nuclear spill, this ETF has decreased tremendously in faith for uranium energy's future. However, I strongly believe that all plants that will be built in the future will take extreme measures to ensure that this does not happen again and although it is an expensive investment, if harnessed correctly, uranium can help produce energy for our world's greatest needs.
What do you think about Global X Uranium, or any other ETF for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional ETFs is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!
Interested in another easy way to track Global X Uranium? Add it to your watchlist.
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