Uranium vs the S&P 500 (URA): is it outperforming?
Over the past month, URA has underperformed the S&P 500 by 11.8 points. Here is where that puts it in the sector rotation — updated daily.
Where URA sits on the rotation map
Uranium highlighted against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window — the methodology explains the math.
URA vs SPY: head-to-head returns
URA (uranium) and SPY (the S&P 500) side by side over every window Zensei tracks. The spread is the difference — positive means URA won that window.
Data as of 2026-07-13 · computed from daily adjusted closes · how we measure
The read
Uranium (URA) is out of favor: it trails the S&P 500 on both rotation windows — 11.8 points behind over the past month and 20.9 points behind over the longer, time-shifted window. That is the lagging quadrant. Ranked by one-month spread, it currently stands #105 of the 115 groups Zensei tracks — among the market's weakest pockets right now.
On the shorter tape, URA's momentum is weakening: the intraday trend that carried the move is cooling across the shorter windows. URA's relative-strength line has broken below its long-term average — the long-term outperformance trend is no longer intact. Both signals point the same direction here: the market is not rewarding this group on either horizon.
The exposure comes via Global X Uranium ETF, whose 9 tracked holdings are led by OKLO INC CLASS A SHARES, URANIUM ENERGY CORP and NATIONAL ATOMIC CO KAZATOMPROM JSC ADR. Weighted by portfolio, the fund's holdings trade at roughly 60.5× earnings and 147.6× sales. The thing to watch from here is the one-month spread: laggards only become interesting when the recent window turns positive first — until then, the market is voting elsewhere.
What's inside URA
Top 5 of 9 tracked holdings, by portfolio weight.
Uranium vs the market — common questions
Is uranium outperforming the S&P 500?
Right now, no: over the past month URA has underperformed the S&P 500 by 11.8 points. This page updates daily, so the answer reflects current market data rather than a dated article.
What is URA?
URA is Global X Uranium ETF, the fund Zensei uses to measure the uranium group against the S&P 500 benchmark (SPY).
Which stocks are in URA?
URA's largest tracked positions are OKLO INC CLASS A SHARES, URANIUM ENERGY CORP, NATIONAL ATOMIC CO KAZATOMPROM JSC ADR, CENTRUS ENERGY CORP CLASS A, NUSCALE POWER CORP CLASS A — 9 holdings in total. The full list, with each stock measured against the group, is part of Zensei Premium.
What quadrant is uranium in right now?
As of the latest daily data, uranium is in the lagging quadrant — trailing the S&P 500 on both windows. The quadrant rules are documented on the Zensei methodology page.
Related sectors
Track uranium against the whole market
Zensei Edge maps 100+ sectors and themes against the S&P 500 — with the stocks inside each one, rotation history and alerts when leadership changes hands.