Uranium Stocks
Top 10 of 58 URA holdings, updated
As of 12 October 2026, uranium stocks are losing ground: still ahead of the S&P 500 over the longer run, but behind over the past month. URA trails the S&P 500 by 15.4 points over one month and ranks #113 of 115 groups Zensei tracks. 7 of the 15 uranium stocks Zensei prices in URA beat the fund this month.
Where uranium stocks stand now
As of 12 October 2026, Uranium (URA) ranks #113 of the 115 groups Zensei tracks by one-month return against the S&P 500, among the market's weakest pockets. It is losing its lead. It built a 4.9-point advantage over the S&P 500 across the longer, time-shifted window, but over the past month it has slipped 15.4 points behind the market — the Cooling quadrant of the rotation map.
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 58 tracked holdings are led by Cameco Corp, Sprott Physical Uranium Trust and Nexgen Energy Ltd. Weighted by portfolio, the fund's holdings trade at roughly 16.2× earnings. The thing to watch from here is whether this is a pause or a handoff: cooling groups sometimes reset and reclaim leadership, but a deepening one-month deficit usually means rotation has moved on.
Top uranium stocks right now
The largest uranium stocks by weight in URA, and the strongest over the past month. Size and recent return are measurements, not recommendations.
Largest by fund weight
Share of URA
- 1Cameco Corp21.9%
- 2Sprott Physical Uranium Trust7.0%
- 3Nexgen Energy Ltd5.9%
- 4Oklo IncOKLO5.7%
- 5Uranium Energy CorpUEC4.7%
Strongest this month
1-month return, holdings Zensei prices
- 1Uranium Royalty CorpUROY−8.4%
- 2National Atomic Co Kazatomprom JSCNATKY−8.6%
- 3Eagle Nuclear Energy CorpNUCL−9.7%
- 4Oklo IncOKLO−11.0%
- 5Centrus Energy CorpLEU−11.2%
Uranium Stocks vs the S&P 500
Over the week to 12 October 2026, URA fell 6.1% while the S&P 500 rose 0.4%. URA and SPY (the S&P 500) over every window Zensei tracks. The spread is the difference: positive means URA won that window.
Prices as of · computed from daily adjusted closes · how we measure
Uranium on the rotation map, against the 11 broad S&P 500 sectors. Vertical: 1-month spread vs the S&P 500. Horizontal: the longer, time-shifted window.
Are uranium stocks expensive?
The price-to-earnings ratio of URA as a whole: the total price of its holdings over their total earnings, weighted by share of the fund. Holdings that lose money are left out.
URA holdings: the uranium stocks inside
As of 12 October 2026, 7 of the 15 uranium stocks Zensei prices in URA beat the fund over the past month. 0 of them beat the S&P 500. The strongest is Uranium Royalty Corp (UROY); the weakest is Terra Innovatum Global NV (NKLR). Inside the fund, the holdings split between winners and losers.
| # | Holding | Weight | 1M | 3M | vs fund 1M | Momentum | RS health |
|---|---|---|---|---|---|---|---|
| 1 | Cameco Corp | 21.9% | — | — | No price data | ||
| 2 | Sprott Physical Uranium Trust | 7.0% | — | — | No price data | ||
| 3 | Nexgen Energy Ltd | 5.9% | — | — | No price data | ||
| 4 | OKLOOklo Inc | 5.7% | −11.0% | −29.7% | +2.3 pts | Fading | Broken |
| 5 | UECUranium Energy Corp | 4.7% | −15.6% | −12.4% | −2.3 pts | Weak | Broken |
| 6 | NATKYNational Atomic Co Kazatomprom JSC | 4.4% | −8.6% | +1.4% | +4.7 pts | Fading | — |
| 7 | Paladin Energy Ltd | 3.0% | — | — | No price data | ||
| 8 | Energy Fuels Inc | 2.8% | — | — | No price data | ||
| 9 | SMRNuscale Power Corp | 2.8% | −22.2% | −19.8% | |||
| 10 | LEUCentrus Energy Corp | 2.7% | −11.2% | −13.3% | |||
All 58 URA holdings by weight: Cameco Corp 21.9%, Sprott Physical Uranium Trust 7.0%, Nexgen Energy Ltd 5.9%, Oklo Inc (OKLO) 5.7%, Uranium Energy Corp (UEC) 4.7%, National Atomic Co Kazatomprom JSC (NATKY) 4.4%, Paladin Energy Ltd 3.0%, Energy Fuels Inc 2.8%, Nuscale Power Corp (SMR) 2.8%, Centrus Energy Corp (LEU) 2.7%, X-Energy Inc (XE) 2.6%, Hyundai Engineering & Construction Co Ltd 2.5%, Doosan Enerbility Co Ltd 2.5%, Daewoo Engineering & Construction Co Ltd 2.5%, Sibanye Stillwater Ltd 2.5%, Denison Mines Corp 2.5%, Itochu Corp 2.3%, Samsung C&t Corp 2.1%, Mitsubishi Heavy Industries Ltd 2.1%, Bhp Group Ltd 2.0%, Aecon Group Inc 2.0%, Yellow Cake PLC 1.9%, Kepco Engineering & Construction Co Inc 1.8%, Gs Engineering & Construction Corp 1.7%, Cgn Mining Co Ltd 0.9%, Deep Yellow Ltd 0.8%, Nano Nuclear Energy Inc (NNE) 0.7%, Silex Systems Ltd 0.7%, Uranium Royalty Corp (UROY) 0.5%, Bannerman Energy Ltd 0.5%, Isoenergy Ltd 0.4%, Boss Energy Ltd 0.4%, Ur-Energy Inc (URG) 0.4%, Terrestrial Energy Inc (IMSR) 0.3%, Atha Energy Corp 0.3%, Lightbridge Corp (LTBR) 0.2%, Encore Energy Corp (EU) 0.2%, Berkeley Energia Ltd 0.1%, Global Atomic Corp 0.1%, Mega Uranium Ltd 0.1%, Alligator Energy Ltd 0.1%, Eagle Nuclear Energy Corp (NUCL) 0.1%, Lotus Resources Ltd 0.1%, Terra Innovatum Global NV (NKLR) 0.1%, Atomic Eagle Ltd 0.1%, Aura Energy Ltd 0.1%, Elevate Uranium Ltd 0.1%, Peninsula Energy Ltd 0.1%, American Lithium Corp 0.1%, Laramide Resources Ltd 0.1%, Skyharbour Resources Ltd 0.1%, Cauldron Energy Ltd 0.1%, Canalaska Uranium Ltd 0.1%, Asarian Energy Ltd 0.1%, F3 Uranium Corp 0.1%, Anfield Energy Inc (AEC) 0.0%, Anson Resources Ltd 0.0%, Verdera Energy Corp 0.0%.
Uranium Stocks: common questions
What are the top 3 uranium stocks?
As of 12 October 2026, the three largest uranium stocks in URA by fund weight are Cameco Corp (21.9%), Sprott Physical Uranium Trust (7.0%) and Nexgen Energy Ltd (5.9%). Fund weight shows size inside the fund, not a recommendation.
Which uranium stocks are beating the sector?
As of 12 October 2026, 7 of the 15 uranium stocks Zensei prices in URA beat the fund over the past month. The strongest over the past month is Uranium Royalty Corp (UROY). The list above shows every holding with its weight and returns.
Are uranium stocks outperforming the S&P 500?
No. As of 12 October 2026, URA trails the S&P 500 by 15.4 points over the past month.
Is it a good time to invest in uranium stocks?
Zensei does not give investment advice, but it measures the trend. As of 12 October 2026, uranium stocks are ahead of the S&P 500 over the longer window but behind over the past month, a fading lead. The rotation map and the read on this page show whether that trend is building or fading.
What is URA?
URA is Global X Uranium ETF. Zensei uses it to measure uranium stocks against the S&P 500 (SPY).
What stocks does URA own?
As of 12 October 2026, the largest of the 58 positions Zensei tracks in URA are Cameco Corp, Sprott Physical Uranium Trust, Nexgen Energy Ltd, Oklo Inc, Uranium Energy Corp. Each position measured against the fund, with momentum and relative strength, is part of Zensei Premium.
What quadrant is uranium in right now?
As of 12 October 2026, uranium is in the Cooling quadrant — still ahead over the longer window, but behind the market over the past month. The Zensei methodology page explains the quadrants.
Recent changes
- ·Among the weakest → losing ground
- ·First tracked: among the weakest
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.