5 Best Commodity ETFs

1. Global X Uranium ETF (NYSE:URA)

5-year Share Price Performance as of March 14: 117.21%

Global X Uranium ETF (NYSE:URA) offers efficient exposure to uranium mining and nuclear component production, reflecting a targeted approach to this sector. With the advantage of zero direct emissions during operation, nuclear power serves as a potential bridge while renewable capacity expands. Established on November 4, 2010, Global X Uranium ETF (NYSE:URA) provides convenient access to a basket of relevant companies in a single trade. As of March 14, 2024, the fund’s net assets came in at $2.72 billion, with a net expense ratio of 0.69% and a portfolio of 48 stocks. Global X Uranium ETF (NYSE:URA) is one of the best commodity ETFs to monitor. 

Uranium Energy Corp. (NYSE:UEC) is one of the top holdings of Global X Uranium ETF (NYSE:URA). Uranium Energy Corp. (NYSE:UEC) is involved in the exploration, pre-extraction, extraction, and processing of uranium and titanium concentrates across the United States, Canada, and Paraguay. 

According to Insider Monkey’s fourth quarter database, 21 hedge funds were long Uranium Energy Corp. (NYSE:UEC), compared to 18 funds in the last quarter. Richard Driehaus’ Driehaus Capital is the largest stakeholder of the company, with approximately 9 million shares worth $57.5 million. 

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