Commodities of all kinds have been performing especially well as of late. Uranium may be especially well-positioned to navigate 2026’s markets.
There are a few reasons why this may be the case. First, advisors and investors saw new indicators in the later part of 2025 that showed that demand for uranium will likely be on the rise for the time being. Back in October 2025, the U.S. government announced a deal to allocate up to $80 billion in funding to construct new nuclear reactors.
Momentum for uranium is mounting amid the private sector, as well. Big Tech giants like Amazon, Microsoft, and Google are putting billions of dollars into deals for nuclear power to power their AI operations and data centers. These deals highlight how investors are looking at nuclear power, and uranium by extension, as a potent solution to the rising need for electrical power.
Demand for uranium seems to be skyrocketing, but can the supply keep up? It’s still early, but indicators from producers seem to show that output won’t be expanding at a rate to match this demand. Geopolitical tensions may complicate this further, as well.
Put together, these supply-demand dynamics are helping to buoy the price of uranium, and that momentum doesn’t seem to be slowing down any time soon.
Uranium Miner ETFs Are Offering Solid Report Cards
Pure-play uranium exposure isn’t the only way that advisors and investors can cash in on the uranium rally.
This includes the Sprott Uranium Miners ETF (URNM). IInterestingly enough, URNM invests in both uranium miners and physical uranium itself. This gives the fund a few different routes for profiting off of an ongoing uranium rally.
Riding the momentum in the uranium space, URNM is offering compelling returns thus far. Year-to-date, the fund is up 37.18%, as of January 22, 2026.
URNM isn’t the only uranium miner ETF worth taking a closer look at right now. There is also the Sprott Junior Uranium Miners ETF (URNJ) is also putting up a competitive performance as of late.
Unlike URNM, URNJ focuses on investing in smaller uranium miners. This lets the fund operate more as a potential growth play, as these companies could see significant growth and expansion as uranium continues to rally.
URNJ is also generating high year-to-date results in a short time period. As of January 22, 2026, the fund is up 40.28% year-to-date.
Performance data quoted represents past performance. Past performance does not guarantee future results. Current performance may be higher or lower than actual data quoted. Call 888.622.1813 or visit www.sprottetfs.com for current month end performance. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost.
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A bull (or bullish) investor is one who has observed rising market prices—in this case, silver’s—and expects the trend to continue.
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Exchange Traded Funds (ETFs): SETM, LITP, URNM, URN, COPP, COPJ, NIKL, SGDM, SGDJ, SLVR, GBUG, METL
Physical Bullion Funds: PHYS, PSLV, CEF, and SPPP.
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