UX
Roundhill Uranium ETF
📎 Investment Objective
The Roundhill Uranium ETF (UX) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Uranium Stock Index.
Overview
ETF tracking Roundhill Uranium ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Roundhill Uranium ETF (UX) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Uranium Stock Index.
🎯 Investment Strategy
The ETF invests primarily in companies that are engaged in activities related to uranium mining, exploration, or production. This includes companies involved in the mining, exploration, development, and production of uranium, as well as those that provide services or equipment to the uranium industry.
✨ Key Features
- Provides exposure to the global uranium industry
- Invests in companies across the uranium supply chain
- Tracks the Uranium Stock Index, which is designed to measure the performance of the global uranium industry
- Relatively new ETF with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on the uranium industry
- Volatility risk due to the cyclical nature of the uranium market
- Regulatory and geopolitical risks related to the uranium industry
- Lack of diversification compared to broader market ETFs
👤 Best For
The Roundhill Uranium ETF may be suitable for investors seeking exposure to the uranium industry as part of a diversified portfolio. However, due to the fund's narrow focus and limited performance history, it may be more appropriate for experienced investors with a higher risk tolerance and a long-term investment horizon.