Global X Uranium ETF (ATOM) Review & Analysis

MER Β· #383 of 514AUM Β· #259 of 5081Y Return Β· #408 of 4263Y Return Β· Top 50%
What's new this monthData to 30 September 2026
  • βˆ’9.6% in September (total return), behind the median international shares ETF at +0.0%.
  • Investors added a net $5.7m (4.3% of the fund).
  • The unit price closed the month at $18.84, near its 12-month low (range $17.71 to $31.64).

About ATOM

ATOM is an international shares ETF from Global X, listed on the ASX since December 2022. With $136m under management it is number 128 of 254 international shares ETFs by size. The management fee is 0.69% a year, about $69 on every $10,000 invested, dearer than the typical international shares ETF at 0.55%.

Its largest holdings are Cameco Corp, Sprott-Phys Uran and NexGen Energy Ltd, and the top 10 make up 62% of the fund. By sector it leans towards energy (64%) and industrials (18%). Canada is the biggest country exposure at 45%.

Over the past year it returned βˆ’18.9%, against +10.4% for the median international shares ETF. With its focus on uranium & nuclear, commodities & resources, it is the kind of fund many investors use as a smaller satellite holding alongside a diversified core.

ATOM distributions and dividend dates

ATOM pays distributions yearly, usually going ex-distribution in July, with payment about 14 days after the ex-date. (Pattern estimated from recent payments.)

The latest distribution was $1.7184 per unit (0% franked), ex-distribution on 2 July 2026 and paid on 16 July 2026. To receive it you need to own ATOM before the ex-date.

Its distribution yield over the past 12 months is about 11.2%. Distributions vary and past payments are not a guide to future ones.

From ASX announcements, updated nightly. See every ETF in the dividend calendar.

Compare ATOM with

ATOM price by TradingView

Stock CodeATOM
Fund ManagerGlobal X
Asset ClassInternational shares
AUM$136m
MER (%)0.69%
Net flows (Sep)+$5.7m
Last Price$18.84
52-Week Range$17.71 – $31.64
Bid/Ask Spread0.15%
Listing Date07/12/2022
ExchangeASX
IndexNot yet in our data. See the PDS
Issuer websiteGlobal X β†—

Performance (% return)

-19%3%25%46%1M-9.6%1Y-18.9%3Y46.3%5Yn/a
1 monthβˆ’9.6%
1 yearβˆ’18.9%
3 years p.a.+13.5%
5 years p.a.–

$10,000 invested…

1 year ago$8,1133 years ago$14,626

Value at 30 September 2026 with distributions reinvested, before tax and brokerage.

Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.

ATOM at a glance: strengths and things to watch

πŸ‘ Strengths

  • Money is flowing in. Investors added a net $5.7m in September (4% of the fund).

⚠️ Things to watch

  • Behind its peers. +13.5% a year over 3 years, against +15.4% for the median international shares ETF.
  • Concentrated. The top 10 holdings make up 62% of the fund, so a few companies drive the result.
  • In a downtrend. Its price has been trending down since 18 September (as at 7 November).

Worked out from ATOM's fees, size, flows, returns and trend against the 257 international shares ETFs in Australia, to 30 September 2026. General information, not a recommendation.

Joshua StegaetfadviserTrend check
Downtrend since 18 Sep 2026

ATOM is in a downtrend. Here's why that matters.

ATOM's price is below its 20-day average and its averages are stacked downward.

Why it matters: Downtrends can run for months, and that is where most big losses happen. For satellite holdings, waiting in cash until the trend turns has often been the better choice.

At ETF Adviser the core of a portfolio stays invested through every stage, and satellite ETFs are only bought in an uptrend. Members get a weekly update on which ETFs are breaking out of a base and which trends have broken.

Oct 25Jan 26Apr 26Jul 26Oct 26
UptrendBaseDowntrend

ATOM weekly price, past 12 months, shaded by trend stage. Stage as at 7 November 2026, updated weekly. A technical label, not a recommendation.

Investment Focus

Exposure Regions

Global

Themes & Sectors

Uranium & nuclearCommodities & resources

Portfolio Breakdown

Top 10 holdings (62.5% of the fund)

SymbolCompany% assets
CCO23.61%
SPROTTPHYSUR7.96%
NXE6.30%
NACKAZATOGRE4.90%
OKLO4.63%
UEC4.49%
PDN2.90%
80012.70%
DML2.51%
SSW2.50%

Sector breakdown

  • Energy64.0%
  • Industrials18.1%
  • Materials10.8%
  • Utilities7.1%

Country breakdown

  • Canada44.8%
  • United States18.1%
  • South Korea14.2%
  • Australia9.7%
  • Japan6.0%
  • ZA3.1%
  • United Kingdom2.7%
  • Hong Kong1.3%

Holdings from the issuer's published portfolio as at 31 October 2026. Breakdowns are based on the largest 58 positions, covering 100% of the fund. Compare ATOM's holdings with other ETFs β†’

Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.

Similar ETFs

CodeNameSame holdingsMERAUM1Y3Y p.a.5Y p.a.
URANVanEck Uranium and Energy Innovation ETF
25%
0.59%$14m–––
URNMBetashares Global Uranium ETF
20%
0.69%$324mβˆ’15.0%+3.5%–
VGSVanguard MSCI Index International Shares ETF
0%
0.18%$18.7bn+10.1%+17.9%+11.8%
IVViShares S&P 500 ETF
0%
0.04%$14.9bn+10.1%+19.2%+13.4%
NDQBetashares Nasdaq 100 ETF
0%
0.48%$9.5bn+16.6%+23.8%+15.3%
QUALVanEck MSCI International Quality ETF
0%
0.40%$9.2bn+10.1%+16.1%+11.4%

Same holdings is the share of ATOM's money in companies the other ETF also holds, weighted by size. Most similar first, then ETFs in the same category. See every ETF like ATOM β†’

ATOM vs its closest alternatives

What actually differs between ATOM and the ETFs most like it. Data to 30 Sep 2026.

URAN VanEck Uranium and Energy Innovation ETF

  • They share 25% of their holdings: some overlap.
  • URAN is cheaper (0.59% vs 0.69%), worth about $6,454 on $100,000 over 20 years.
  • ATOM is about 10 times larger ($136m vs $14m), which usually means tighter trading spreads.

Compare ATOM and URAN side by side β†’

URNM Betashares Global Uranium ETF

  • They share 20% of their holdings: some overlap.
  • Both charge the same fee (0.69%).
  • Over 3 years, a year: ATOM +13.5%, URNM +3.5% (ATOM ahead by 10.0 percentage points).
  • URNM is about 2 times larger ($324m vs $136m), which usually means tighter trading spreads.

Full ATOM vs URNM comparison β†’

VGS Vanguard MSCI Index International Shares ETF

  • They share 0% of their holdings: mostly different companies.
  • VGS is cheaper (0.18% vs 0.69%), worth about $34,152 on $100,000 over 20 years.
  • Over 3 years, a year: ATOM +13.5%, VGS +17.9% (VGS ahead by 4.4 percentage points).
  • VGS is much larger ($18.7bn vs $136m), which usually means tighter trading spreads.

Compare ATOM and VGS side by side β†’

General information only. Past performance is not a reliable indicator of future performance.

Popular comparisons

URNM vs ATOM

Related Reads

ATOM FAQs

What is the fee for ATOM?

ATOM charges a management fee (MER) of 0.69% a year, according to the TMX Australia monthly funds report as at 30 September 2026.

How big is ATOM?

ATOM had $136m in funds under management as at 30 September 2026.

How has ATOM performed?

ATOM returned βˆ’18.9% over the year to 30 September 2026 (total return, including distributions). Over three years it returned +13.5% a year. Past performance is not a reliable indicator of future performance.

Who manages ATOM?

ATOM is managed by Global X and has been listed since December 2022.

Is ATOM franked?

Generally no. ATOM invests outside Australia, so its distributions carry little or no franking credits. Franking comes from Australian companies that have paid tax here.

What does ATOM hold?

ATOM's largest holdings are Cameco Corp (23.6%), Sprott-Phys Uran (8.0%), NexGen Energy Ltd (6.3%), Nac Kazatog-Regs (4.9%), Oklo Inc (4.6%). It holds about 58 investments in total. The biggest sector is energy at 42%. Holdings as at 31 October 2026.

Is ATOM currency hedged?

No, ATOM is unhedged. Its returns move with the Australian dollar: a falling dollar adds to returns and a rising dollar reduces them.

Disclaimer

This review is general information only and does not take into account your objectives, financial situation or needs. Consider the Global X product disclosure statement (PDS) and target market determination (TMD) before investing. Past performance is not a reliable indicator of future performance.