Data as of . Every figure is the themes desk's own, on published data.
NLR vs QTUM
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, NLR and QTUM hold 0% of their money in the same securities at the same weight.
| Only in NLR | Only in QTUM |
|---|---|
| Cameco Corp 8.39% | Arqit Quantum Inc 2.43% |
| Constellation Energy Corp 8.03% | Horizon Quantum Holdings LTD 2.40% |
| Public Service Enterprise Group Inc 7.08% | Quantinuum Inc 1.58% |
| BWX Technologies Inc 6.77% | Astera Labs Inc 1.56% |
| Fortum Oyj 5.74% | Applied Materials Inc 1.56% |
| Oklo Inc 5.21% | KLA Corp 1.51% |
| Centrus Energy Corp 5.04% | MKS Inc 1.51% |
| Uranium Energy Corp 4.99% | Onto Innovation Inc 1.50% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NLR | QTUM | NLR | QTUM | NLR | QTUM | |
| 3 months | −1.8% | −3.0% | −6.5 pts | −7.7 pts | −3.9 pts | −5.1 pts |
| 6 months | −11.8% | +35.5% | −27.0 pts | +20.3 pts | −32.0 pts | +15.3 pts |
| 1 year | +4.0% | +58.6% | −16.0 pts | +38.7 pts | −21.6 pts | +33.0 pts |
| 3 years | +95.8% | +196.2% | +17.9 pts | +118.3 pts | +2.4 pts | +102.8 pts |
| Since launch | +200.2% | +538.2% | −611.2 pts | +337.0 pts | −1483.9 pts | +225.3 pts |
| NLR VanEck Uranium and Nuclear ETF | QTUM Defiance Quantum ETF | |
|---|---|---|
| Issuer | VanEck | Defiance |
| Theme | Nuclear and uranium | Quantum computing |
| In the S&P 500 | 15.1% | 35.6% |
| Active share vs the S&P 500 | 99.8% | 83.5% |
| In the Nasdaq-100 | 8.0% | 27.8% |
| Holdings | 25 | 86 |
| Top ten, share of the fund | 61.0% | 17.0% |
| Expense ratio | 0.52% | 0.40% |
| Fee for the differing part | 0.52% | 0.48% |
| Total return, 1 year | +4.0% | +58.6% |
| vs the S&P 500 | −16.0 pts | +38.7 pts |
| vs the Nasdaq-100 | −21.6 pts | +33.0 pts |
| Below its high | −27.0% | −12.2% |
NLR in plain words
By weight, 15% of NLR's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 61% of the fund across 25 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +4.0% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 16.0 pts. It sits 27.0% below its all-time high of Jan 28, 2026.
QTUM in plain words
By weight, 36% of QTUM's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 84%. The top ten holdings are 17% of the fund across 86 positions, as filed for Jun 30, 2026. Over the year to Sep 4, 2026 the fund returned +58.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was ahead by 38.7 pts. It sits 12.2% below its all-time high of Jun 2, 2026.
Questions people ask
- Do NLR and QTUM hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, NLR or QTUM?
- NLR has 15% of its weight in S&P 500 names and QTUM has 36%, so NLR differs more from the index.
- Which is cheaper, NLR or QTUM?
- NLR charges 0.52% a year and QTUM charges 0.40%, so QTUM is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NLR against QTUM, data as of Sep 4, 2026. https://etfiq.com/compare/themes/NLR-QTUM.html Free to use with attribution; the underlying files are at Open data.