Nuclear energy is poised for growth. With oil prices soaring globally, especially in Europe, governments and companies are investing in alternative forms of energy. With Japan announcing in August they are reopening 7 reactors and the US announcing $30 billion in tax credits in nuclear energy investments, this has set the stage for countries all over the world to begin or continue their efforts into investing in nuclear energy. For example, Germany is considering reopening their reactors, France is constructing 14 new reactors, and India is planning on building a “mega-reactor” to all pivot from their current dependence on oil and coal. Shifts in the geopolitical environment have allowed for the nuclear energy/uranium industry to have huge growth prospects in both the short and long term.
The MVIS® Global Uranium & Nuclear Energy Index (ticker: MVNLR) tracks the performance of the largest and most liquid companies in the global uranium and nuclear energy industries.
The MarketVectorTM Global Uranium and Nuclear Energy Infrastructure Index (ticker: MVNUCL) provides exposure to companies operating in the global uranium and nuclear energy infrastructure sector.
MVIS® Global Uranium & Nuclear Energy Index
10/10/2021-10/10/2022
MarketVectorTM Global Uranium and Nuclear Energy Infrastructure Index
12/31/2021-10/10/2022
Source: MarketVector IndexesTM. Data as of October 10, 2022.
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