Sprott Uranium Miners ETF

URNM

Market cap $2.24B

Sprott Uranium Miners ETF surged in 2025, outperforming energy peers amid a looming uranium supply crunch and AI-driven demand catalysts. URNM is highly concentrated, with 79% in its top 10 holdings, and faces elevated expense ratios and average dividend yield, but strong technical momentum. Short-term uranium supply is constrained by Kazatomprom's 10% production cut and U.S. sanctions, while AI hyperscalers drive long-term nuclear demand.

Gold and silver were not the only metals to see breakout performances in the later half of 2025.  Much like these other metals, copper also closed out last year in a highly favorable position.

The nuclear energy sector is surging, fueled by a $2.7 billion funding injection from the U.S. Department of Energy, announced on Monday.

November may have been a difficult month for the uranium market, but better days could be on the horizon. Recently, Jacob White, CFA, ETF product manager at Sprott Asset Management, released a report breaking down where things stand for the uranium market.

Gold prices hit an apex in October before taking a breather as 2025 winds down — a chance for investors to buy the dip. This could be a golden opportunity to get exposure to a pair of ETFs before another rally ensues: the Sprott Physical Gold Trust (PHYS) and the Sprott Gold Miners ETF (SGDM).

Gold isn't the only commodity that might be worth keeping a closer eye on right now. Recent insights from the team at Sprott Asset Management examined why advisors and investors may want to look for opportunities to enhance uranium exposure.

Nuclear energy is an underappreciated solution to solving the problem of AI data center power demand. Uranium supplies are already tight, and energy demand is set to accelerate over the next several years.

The holiday season not only presents an opportunity to spend time with loved ones, it also allows investors to tilt their portfolios towards assets that can capture short-term upside. One of those is gold.

URNM ETF provides exposure to companies engaged in the uranium market, which is undergoing a structural shift. The uranium supply deficit is expected to sharpen, which could provide a multi-decade bull run for uranium prices. My Buy call on the URNM ETF is based on production challenges, underpinned by long-term expansion plans for nuclear power capacity and a solid AI infrastructure push.

In cases where an asset is in the midst a strong rally, investors are typically gripped with the fear that they already missed out on the major move. That doesn't appear to be the case with gold, which should be approached with a strategic allocation strategy in mind as opposed to simply chasing gains.