The Themes Uranium & Nuclear ETF (NYSEARCA:URAN) has handed investors a nearly 75% gain over the past year, riding a thesis that ties artificial intelligence power demand, government support for nuclear, and a structural uranium supply deficit into one tidy package. The fund launched in September 2024 and gives investors single-ticker exposure to uranium miners ... URAN’s Nearly 75% Gain Masks a Valuation Risk Most Investors Are Missing