Uranium ETFs Slip on Warnings of an Ongoing War In Iran

2026-04-02 19:24:59

Uranium ETFs were down on Thursday after President Donald Trump’s administration warned that the war with Iran could last for several more weeks. While the U.S. President has expressed interest in ending the war sooner rather than later, it looks like it will take a little longer to reach an end to the war.

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The war in Iran has resulted in steep increases in oil prices around the world. That’s due to the conflict spreading to the Strait of Hormuz, a key shipping route for oil from the Middle East. With these issues come supply constraints, which have caused an increase in fuel prices. That includes gas prices, which have surged above $4 per gallon in the U.S.

Uranium ETFs have also been volatile since the war in Iran started. The war helped accelerate interest in nuclear power plants to generate a source of energy without oil. The problem is that these projects are still years away from being completed. In addition to that, more U.S. oil companies have sought to increase production to offset the lost oil from the Middle East. This could further delay nuclear power adoption.

Uranium ETFs Slip Today

Here’s how Uranium ETFs moved on Thursday.

Global X Uranium ETF (URA) was down 1.2% today.
NorthShore Global Uranium Mining ETF (URNM) slipped 1.05% as of this writing.
**Sprott Junior Uranium Miners ETF **(URNJ) dipped 2.54% this afternoon.
VanEck Uranium + Nuclear Energy ETF (NLR) dropped 0.57% on Thursday.

Uranium ETF Comparisons

Turning to the TipRanks ETF comparison tool, traders can see how these Uranium ETFs stack up against each other. Global X Uranium ETF is worth noting, as it has the most assets under management at $6.29 billion. The ETF also has an expense ratio of 0.69% and a dividend yield of 4.3%. URA has also experienced the largest year-over-year gain of these ETFs at 109.02%.

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