ETF Evaluator:
Themes Uranium & Nuclear ETF ()
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(as of Aug 26)
Best Performing in Miscellaneous Sector Over the Last Year
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ETF Details
Themes Uranium & Nuclear ETF Overview
Themes Uranium & Nuclear ETF (URAN) is a passively managed Sector Equity Miscellaneous Sector exchange-traded fund (ETF). Themes ETF Trust launched the ETF in 2024.
The investment seeks to track the performance, before fees and expenses, of the BITA Global Uranium & Nuclear Select NTR Index.
The index is composed of companies that derive significant revenues from the uranium and nuclear industries. The fund will invest, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities that comprise the index and American Depositary Receipts (“ADRs”) and Global Depositary Receipts (“GDRs”) based on the securities in the index. The fund is non-diversified.
About Themes Uranium & Nuclear ETF (URAN)
There are 3 members of the management team with an average tenure of 1.85 years: Dingxun(Kevin) Shao (2024), Calvin Tsang (2024) and Paul Bartkowiak (2024). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 1 primary benchmark: BITA Gbl Uranium & Nuclear Select NR USD index with a weighting of 100%. Themes Uranium & Nuclear ETF has 53 securities in its portfolio. The top 10 holdings constitute 41.2% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Themes Uranium & Nuclear ETF is part of the Equity global asset class and is within the Sector Equity ETF group. Themes Uranium & Nuclear ETF has 44.0% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 54.3% There is 44.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Themes Uranium & Nuclear ETF has 1.8% of the portfolio in cash.
Assets Under Management
The fund has $29 million in total assets, which is below the $294 million average for the Miscellaneous Sector category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
URAN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Themes Uranium & Nuclear ETF expense ratio is below average compared to funds in the Miscellaneous Sector category. Themes Uranium & Nuclear ETF has an expense ratio of 0.35%, which is 52% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Themes Uranium & Nuclear ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 45% for the Miscellaneous Sector category.
Recently, in the month of July 2026, Themes Uranium & Nuclear ETF returned -4.6%, which earned it a grade of B, as the Miscellaneous Sector category had an average return of -8.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Themes Uranium & Nuclear ETF has a trailing yield of 2.92%, which is above the 1.09% category average.
The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Themes Uranium & Nuclear ETF Grades
Year to date, the ETF has returned -12.1%, 16.5 percentage points worse than the category, which translates into a grade of F. The fund has returned -2.0% over the past year (grade of F).
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URAN Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| URAN Return (NAV) | -4.6% | -22.1% | -2.0% | na | na | na |
| URAN Return (Price) | -4.8% | -22.8% | -2.0% | na | na | na |
| NAV +/- Price Return | 0.128% | 0.720% | -0.056% | na | na | na |
| Miscellaneous Sector Avg | -8.1% | -9.7% | 26.9% | 3.5% | -9.1% | 5.3% |
| URAN Grade (NAV) | B | F | F | na | na | na |
| +/- Category (NAV) | 3.4% | -12.4% | -29.0% | na | na | na |
| URAN Tax-Cost Ratio | na | na | 1.1% | na | na | na |
URAN Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| URAN Return (NAV) | -12.1% | 48.8% | na | na | na | na | na | na | na | na | na |
| URAN Return (Price) | -12.4% | 49.0% | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | 0.026% | 0.004% | na | na | na | na | na | na | na | na | na |
| Miscellaneous Sector Avg | 4.4% | 30.9% | -12.7% | -3.8% | -34.7% | 9.9% | 62.0% | 25.7% | -13.2% | 27.3% | 0.5% |
| URAN Grade (NAV) | F | A | na | na | na | na | na | na | na | na | na |
| +/- Category | -16.5% | 17.9% | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 2.9% |
| Total Assets: | $ 30 Mil |
| Share Class Assets: | $ 30 Mil |
| Turnover: | na |
| Expense Ratio: | 0.35% |
| Index Fund: | Yes |
| Index Tracked: | BITA Gbl Uranium & Nuclear Select NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Annually |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 1.9 years | |||
| Average Tenure: 1.9 years | |||
| Managers (Year): Shao Dingxun(Kevin) (2024), Tsang Calvin (2024), Bartkowiak Paul (2024) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 53 |
| % in Top 10 Holdings: | 41.2% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 44.0% |
Portfolio Allocation |
|
| Domestic Stock: | 54.3% |
| Foreign Stock: | 44.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | -0.0% |
| Cash: | 1.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Themes ETF Trust |
| Phone Number: | 866-584-3637 |
| Website: | www.ThemesETFs.com |
| Inception Date: | September 23, 2024 |
Expenses and Fees
| Expense Ratio (%): | 0.35% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.73% |
