Sprott Asset Management Renames Uranium Miners ETF Index to VettaFi Global Benchmark April 30
On April 30, 2026, the North Shore Global Uranium Mining Index tracked by Sprott Uranium Miners ETF will be renamed the VettaFi Global Uranium Miners Index following its acquisition by VettaFi. It retains its methodology, tracks firms with at least 50% uranium assets and uses VettaFi calculations instead of Indxx.
1. Index Renaming and Acquisition
Effective April 30, 2026, the North Shore Global Uranium Mining Index tracked by the Sprott Uranium Miners ETF will be rebranded as the VettaFi Global Uranium Miners Index following VettaFi’s acquisition of the index. The new name reflects VettaFi’s status as the index provider, enhancing its distribution reach through TMX Group’s infrastructure.
2. Methodology and Calculation Changes
The renamed index will maintain its existing methodology, continuing to include companies that devote at least 50% of their assets to uranium mining activities—ranging from exploration and production to holding physical uranium or owning royalties. VettaFi will replace Indxx as the calculation agent, but there will be no adjustments to selection criteria, weighting or rebalancing schedules.
3. Impact on Sprott Inc. and the ETF
For Sprott Inc., this change represents a branding and partnership shift without altering the fund’s risk profile or investment exposure. The ETF’s AUM, fee structure and performance target remain unchanged, ensuring continuity for investors while leveraging VettaFi’s modern distribution solutions to potentially attract new inflows.