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Data as of .

NLR vs SIL: which is really different?

NLR and SIL hold 0% of their weight in the same names, and SIL returned more over the year.

VanEck Uranium and Nuclear ETF and Global X Silver Miners ETF, side by side, thematic ETFs on ETFIQ.

15.1%NLR in the S&P 500
0.0%SIL in the S&P 500
−6.1%NLR total return, 1 year
+49.1%SIL total return, 1 year

ETFIQ Off-Index Score: SIL scores higher

How much of it is not the index it is sold as an alternative to?

NLR 76.8SIL 91.40.1, the lowest in this set91.4, the highest

A percentile among the 349 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed

NLR85% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
15%85%in the S&P 500of its weight outside the S&P 500active share 100% · top ten 61% of the fund · 25 holdings filed Jun 30, 2026 · Nasdaq-100: 8% in15%85%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund
SIL100% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 76% of the fund · 41 holdings filed Sep 11, 2026 · Nasdaq-100: 0% in0%100%0% of its weight in S&P 500 companiesof its weight outside the S&P 500active share 100% · top ten 76% of the fund

0% of the two portfolios are the same securities at the same weight.

Performance, window by window

NLR and SIL over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
NLRSILNLRSILNLRSIL
3 months−7.2%+18.1%−10.5 pts+14.8 pts−6.4 pts+18.9 pts
6 months−17.1%+2.3%−33.1 pts−13.7 pts−37.8 pts−18.4 pts
1 year−6.1%+49.1%−23.6 pts+31.6 pts−29.1 pts+26.1 pts
3 years+83.0%+298.1%+5.2 pts+220.2 pts−12.0 pts+203.0 pts
Since launch+183.3%+159.8%−621.0 pts−584.6 pts−1490.6 pts−1393.6 pts
Open the live comparison on ETFIQ
NLR and SIL on the same fields, as of Sep 11, 2026. Source: ETFIQ.
NLR
VanEck Uranium and Nuclear ETF
Holds 25 stocks in nuclear and uranium, 15% of its weight in S&P 500 companies
SIL
Global X Silver Miners ETF
Holds 41 stocks in miners and metals, 0% of its weight in S&P 500 companies
IssuerVanEckGlobal X
ThemeNuclear and uraniumMiners and metals
In the S&P 50015.1%0.0%
Active share vs the S&P 50099.8%100.0%
In the Nasdaq-1008.0%0.0%
Holdings2541
Top ten, share of the fund61.0%76.1%
Expense ratio0.52%0.65%
Fee for the differing part0.52%0.65%
Total return, 1 year−6.1%+49.1%
vs the S&P 500−23.6 pts+31.6 pts
vs the Nasdaq-100−29.1 pts+26.1 pts
Below its high−31.1%−18.3%

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 11, 2026 the fund returned −6.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 23.6 pts. It sits 31.1% below its all-time high of Jan 28, 2026.

SIL in plain words

By weight, 0% of SIL'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 76% of the fund across 41 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +49.1% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 31.6 pts. It sits 18.3% below its all-time high of Feb 27, 2026.

Questions people ask

Do NLR and SIL 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 SIL?
NLR has 15% of its weight in S&P 500 names and SIL has 0%, so SIL differs more from the index.
Which is cheaper, NLR or SIL?
NLR charges 0.52% a year and SIL charges 0.65%, so NLR 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.

NLR against SIL, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, NLR against SIL, data as of Sep 11, 2026. https://etfiq.com/compare/themes/NLR-SIL Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources