URNJ
Sprott Junior Uranium Miners ETF
📎 Investment Objective
The Sprott Junior Uranium Miners ETF (URNJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Sprott Junior Uranium Miners Index.
Overview
ETF tracking Sprott Junior Uranium Miners ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Sprott Junior Uranium Miners ETF (URNJ) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq Sprott Junior Uranium Miners Index.
🎯 Investment Strategy
The ETF invests primarily in equity securities of junior uranium mining companies. The fund seeks to track the index by holding the same securities in the same proportions as the index.
✨ Key Features
- Provides exposure to a specialized sector of junior uranium mining companies
- Passively tracks the Nasdaq Sprott Junior Uranium Miners Index
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on a single industry
- Volatility risk as the uranium mining sector can be highly volatile
- Liquidity risk due to the small size and trading volume of the fund
- Tracking error risk as the fund may not perfectly replicate the index performance
👤 Best For
This ETF may be suitable for investors with a high risk tolerance who are seeking exposure to the junior uranium mining sector as a speculative investment. Investors should have a long-term investment horizon and be comfortable with the volatility inherent in this specialized industry.