NLR
VanEck Uranium+Nuclear Energy ETF
VanEck Vectors Nuclear ETF seeks investment results that correspond to the price and yield of the DAXglobal Nuclear Energy Index, a modified market-capitalization index.
Global
EQUITY
Rules-Based
MANAGEMENT STYLE
$ 4.2 B
ASSETS UNDER MGMT
61 bp
EXPENSES
Fund Basics
| Inception date | Aug 13, 2007 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| CONSTELLATION ENERGY CORPORATION | 9.2 % |
| CAMECO CORP | 7.7 % |
| PUBLIC SERVICE ENTERPRISE GP | 7.2 % |
| BWX TECHNOLOGIES, INC. | 6.3 % |
| FORTUM OYJ | 6.1 % |
| CENTRUS ENERGY CORP. CLASS A | 5.8 % |
| URANIUM ENERGY CORP | 4.9 % |
| PALADIN ENERGY LIMITED | 4.7 % |
| DENISON MINES CORP | 4.7 % |
| CGN POWER CO LTD | 4.5 % |
Constituent Breakdown
| Number of holdings | 30 |
| Herfindahl-Hirschman Index | 501 |
| Wgt avg mkt cap (mns) | $19,600 |
| Large cap (>$10bn) | 36.5% |
| Mid cap ($2-10bn) | 40.8% |
| Small cap (<$2bn) | 9.8% |
| Developed mkts. | 84.7% |
| Emerging mkts. | 2.4% |
Sector Breakdown
Country Exposure
 |
UNITED STATES | 44.6 % |
 |
CANADA | 20.7 % |
 |
AUSTRALIA | 7.7 % |
 |
FINLAND | 6.1 % |
 |
BRITAIN | 3.2 % |
 |
HONG KONG | 2.5 % |
 |
SOUTH KOREA | 2.4 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -14.0% | -6.8% | 16.4% | 20.3% | 15.5% | 7.8% | -- | -0.3% |
| Dividend Yield | 0.0% | 2.3% | 1.9% | 3.1% | 2.8% | 3.1% | -- | 3.4% |
| Total Returns | -14.0% | -4.5% | 18.2% | 23.4% | 18.3% | 10.9% | -- | 3.1% | Ann. Volatility | 46.3% | 43.9% | 40.3% | 35.6% | 30.1% | 25.0% | -- | 26.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.99 | 34% |
| MSCI EAFE | 1.55 | 31% |
| MSCI Emg Mkts | 1.11 | 38% |
Liquidity Measures
| Avg. volume (000) | 418 |
| ADV traded (mns) | $49 |
| Turnover | 1.2% |
| Avg. Bid/Ask (% of price) | 0.22% |
Technical Indicators
| 30d moving avg. (EMA) | $112.55 |
| Relative strength (RSI) | 42 |
| MACD/Signal | -3.42/-3.84 |
| Bollinger Bands (Upper/Lower) | $116.10/$102.28 |
| Short interest (% of AUM) | 1.1% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. NLR |
Expenses vs. NLR |
ALTAR Score™ vs. NLR |
|---|---|---|---|---|
| URAN | Themes Uranium & Nuclear ETF | 37.4% | -26 bp | +0.7% |
| TNUK | Tortoise Nuclear Renaissance ETF | 30.9% | +14 bp | -0.1% |
| URA | Global X Uranium ETF | 25.5% | +8 bp | -0.8% |
| SETM | Sprott Energy Transition Materials ETF | 18.6% | +4 bp | -0.2% |
| URNJ | Sprott Junior Uranium Miners ETF | 18.1% | +19 bp | -5.8% |
| NUKZ | Range Nuclear Renaissance Index ETF | 16.1% | +24 bp | +0.4% |
| FTWO | Strive FAANG 2.0 ETF | 11.5% | -12 bp | +2.2% |
Risk and Returns: NLR vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 8/9/2026
Peer Group Comparison
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Historical Valuation Trends Sample data. Subscribe for access.
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
2.0%
ALTAR SCORE™
19th
PERCENTILE
AVOID
ETFRC RATING
There are 736 funds in the Global Equity category with an average
ALTAR Score™ of 4.3% and a standard deviation
of 2.6%. NLR's ALTAR Score™ is approximately -0.9 standard
deviations above the category average. This places NLR in the 19th percentile
among funds in the category.
Sell-Side Consensus
$182.5
PRICE TARGET
+54.9%
UPSIDE