Hello! This is MarketWatch reporter Isabel Wang bringing you this week’s ETF Wrap. In this week’s edition, we look at ETFs in the nuclear energy sector, which has emerged as one of the best performing ETF themes this year, driven by a notable surge in uranium prices.
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Exchange-traded funds that invest in uranium-related stocks have skyrocketed this year, as prices for the heavy metal widely used for nuclear power hover at the highest since the 2011 Fukushima disaster in Japan, and tight supplies and surging demand could mean prices will rise further, said market and mining analysts.The largest uranium-focused fund, the Global X Uranium ETF which has over $2 billion under management since its launch in 2010, has climbed […]
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