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ATOM

$24.49-1.92%Energy Metals & Nuclear27/100
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BetaShares Global Nuclear Energy ETF · BetaShares

Data as at 29 March 2026

TL;DR

Tracks uranium miners and nuclear technology companies — covering both the fuel supply chain and the reactor equipment manufacturers. Broader nuclear sector exposure than URNM, which focuses only on mining.

MER (Annual Fee)
0.57%
#1 lowest in Energy Metals & Nuclear
1Y Return
+97.4%
3Y Return (p.a.)
+33.3%
Dividend Yield
1.49%
Trailing 12 months
AUM
$150.5M
Assets under management
Avg Daily Turnover
$181K
Avg shares × unit price
Unit Price
$24.49
As at 29 March 2026
Provider
BetaShares
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Strategy

Managed by BetaShares. Covers uranium miners alongside nuclear energy component companies — reactor builders, uranium enrichers, and nuclear services firms. Wider scope than URNM's pure mining focus.

Top Holdings

Key Fact

Microsoft, Google, and Amazon all signed nuclear power purchase agreements in 2023-2024 to power their AI data centres with carbon-free electricity. This new corporate demand for nuclear power adds a demand driver beyond traditional power utilities.

Suited for

Investors who want nuclear energy exposure beyond just uranium miners — including the companies building and servicing the reactors that consume the uranium.

Risks

Nuclear energy project timelines are long and capital-intensive. Public sentiment around nuclear power can shift rapidly following safety incidents. Uranium price volatility affects the mining component of the fund.

ETFCheck Score27/100
Fees (40%)15
Fund Size (25%)18
Liquidity (20%)16
Yield (15%)88
How scores are calculated →
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0.69% MER
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Frequently Asked Questions - ATOM

What makes ATOM a broader nuclear play than URNM and why does that matter for portfolio construction?+
ATOM includes both uranium miners like Cameco and Paladin alongside nuclear power plant operators such as Constellation Energy and Korea Hydro & Nuclear Power, capturing value across the entire nuclear energy chain. This broader exposure means ATOM is less dependent on volatile uranium spot prices compared to URNM, as utility operators benefit from stable regulated electricity revenues. With a lower MER of 0.57% versus URNM's 0.69% and a 1.15% yield versus zero, ATOM offers a more balanced risk-return profile for long-term nuclear energy investors.
Is ATOM suitable for an Australian SMSF seeking exposure to the global nuclear energy trend?+
ATOM can work as a thematic satellite holding within an SMSF, typically suited to the accumulation phase given its growth orientation and modest 1.15% yield. Its 34.2% one-year return demonstrates strong momentum, but SMSF trustees should note the ETF holds no Australian-domiciled companies, meaning distributions carry no franking credits and are taxed as foreign income. Position sizing is critical - most financial advisers would suggest limiting thematic ETFs like ATOM to 5-10% of total SMSF assets to manage concentration and volatility risk.
How does ATOM's inclusion of nuclear utilities reduce volatility compared to pure uranium mining ETFs?+
Nuclear power plant operators generate predictable revenue from long-term electricity supply contracts and regulated rate structures, providing earnings stability regardless of short-term uranium price swings. This utility exposure acts as ballast within ATOM's portfolio when uranium miners experience sharp commodity-driven selloffs. While ATOM still returned an impressive 34.2% over the past year, its drawdowns tend to be shallower than URNM's because utility stocks cushion the impact. This blended approach suits investors who want nuclear exposure without the full roller-coaster of pure uranium mining plays.
What catalysts could drive ATOM's performance over the next 3-5 years?+
Key catalysts include the growing wave of nuclear reactor restarts and new builds globally, with countries like Japan, France, the US, and China expanding nuclear capacity to meet AI-driven data centre electricity demand and net-zero commitments. Small modular reactor technology reaching commercial deployment could be a significant positive. On the risk side, construction delays, cost overruns on new reactors, or a major nuclear incident could derail sentiment. ATOM's diversification across miners and operators positions it to benefit from multiple points in the nuclear value chain as this theme evolves.