VanEck Uranium and Energy Innovation ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Global equity funds would cost $331 (0.66% a year), so URAN is $32 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 3 Sept 2026 · 25 securities · top 10 = 66.6%
Country
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 21.9 | −5.1 | −14.8 | 5.1 | 0.1 | −7.2 | −8.5 | 6.8 | −6.9 | −12.7 | −23.6YTD | ||
| 2025 | −20.7 | −2.0 | −22.2 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
URAN questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is VanEck Uranium and Energy Innovation ETF?
VanEck Uranium and Energy Innovation ETF holds 25 securities, and its ten largest positions make up 66.6% of the fund, more concentrated than the 48.5% typical of Global equity funds. That makes it fairly concentrated.
Its largest country exposure is United States at 46.9%, based on holdings as at 3 Sept 2026.
Which ETFs does URAN double up with most?
URAN shares the most holdings with Global X Uranium ETF (ATOM) (51% overlap) and Betashares Global Uranium ETF (URNM) (46% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
At 51%, owning both URAN and ATOM would mostly double up on the same investments rather than spread your money further.
How is VanEck Uranium and Energy Innovation ETF managed – active or passive?
VanEck Uranium and Energy Innovation ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks.
Among Global equity funds, active funds charge a median 0.99% a year and index funds 0.53%.
What will I pay in fees for URAN?
URAN charges a management fee of 0.59% a year, about $59 for every $10,000 invested. Only 31% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Global equity funds, the median is 0.61%.
It is the cheapest of the 3 uranium and nuclear energy funds we track.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.67% for URAN.
Does VanEck Uranium and Energy Innovation ETF follow a theme?
Yes. VanEck Uranium and Energy Innovation ETF focuses on uranium and nuclear energy. Thematic funds are narrower than the broad market, so they can rise or fall much more than it does.
Other ASX funds with a uranium and nuclear energy focus include Betashares Global Uranium ETF (URNM) and Global X Uranium ETF (ATOM).
What is under the hood of URAN?
As at 3 Sept 2026, URAN's ten largest holdings are Cameco Corp (14.8%), Sprott Physical Uranium Trust (7.5%), Nexgen Energy Ltd (7.4%), Oklo Inc (6.2%), Hitachi Ltd (5.5%), Ihi Corp (5.2%), Atkinsrealis Group Inc (5.2%), Mitsubishi Heavy Industries Ltd (5.1%), Samsung C&T Corp (5.0%) and Fuji Electric Co Ltd (4.8%). Together they make up 66.6% of the fund.
It follows an index; the issuer's PDS sets out how that index chooses and weights its holdings. Its top 10 weighting of 66.6% compares with 48.5% for Global equity funds.
How well has VanEck Uranium and Energy Innovation ETF performed?
Based on its category, VanEck Uranium and Energy Innovation ETF aims to grow your capital in line with the index it tracks.
URAN doesn't have a full year of price history yet, so we can't judge its performance.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for URAN; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.59% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.