Here is his tweet: “If the government is going to spend $2 trillion, there is no better use than converting the US to nuclear.”
In his pinned tweet, Michael Burry appears to be bullish on nuclear energy. He links his post to the following WSJ article: MINI NUCLEAR REACTORS OFFER PROMISE OF CHEAPER, CLEAN POWER
Here’s my research on Nuclear ETFs:
Nuclear energy ETFs invest in companies involved in the uranium mining industry, the construction of nuclear power facilities, the generation of electricity from nuclear sources, and service providers of the nuclear power industry.
With 3 ETFs traded on the U.S. markets, Nuclear ETFs have total assets under management of $414.16M. The average expense ratio is 0.72%. Nuclear ETFs can be found in the following asset classes:
Equity The largest Nuclear ETF is the Global X Uranium ETF URA with $325.06M in assets. In the last trailing year, the best-performing Nuclear ETF was URNM at 114.79%. The most recent ETF launched in the Nuclear space was the North Shore Global Uranium Mining ETF URNM on 12/03/19.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.