New York-based ETF provider, Global X Funds, has added Uranium ETF to its cleantech fund range. The Global X Uranium ETF tracks the performance of the Solactive Global Uranium Index.
The index tracks the performance of the largest and most liquid listed companies globally in the Uranium Mining Industry. Its three largest components are Cameco, Paladin Energy and Uranium One, as of Nov. 1, 2010.
Global X Uranium ETF (URA) began trading November 5, 2010 as the first ETF to track companies involved in uranium mining.