Data as of . Every figure is the themes desk's own, on published data.
NLR vs URA
51% 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 URA hold 51% of their money in the same securities at the same weight.
| Holding | NLR | URA |
|---|---|---|
| Cameco Corp | 8.39% | 23.14% |
| Oklo Inc | 5.21% | 7.31% |
| Uranium Energy Corp | 4.99% | 5.79% |
| NexGen Energy Ltd | 4.96% | 6.27% |
| NAC Kazatomprom JSC | 4.37% | 4.81% |
| Energy Fuels Inc/Canada | 4.67% | 4.24% |
| Centrus Energy Corp | 5.04% | 3.00% |
| Denison Mines Corp | 4.76% | 2.87% |
| Yellow Cake PLC | 2.78% | 1.67% |
| NuScale Power Corp | 4.76% | 1.61% |
| CGN Mining Co Ltd | 2.32% | 1.11% |
| Deep Yellow Ltd | 1.34% | 0.98% |
| Only in NLR | Only in URA |
|---|---|
| Constellation Energy Corp 8.03% | Sprott Physical Uranium Trust 4.33% |
| Public Service Enterprise Group Inc 7.08% | DAEWOO ENGINEERING & CONSTRUCTION CO., L 4.07% |
| BWX Technologies Inc 6.77% | PALADIN ENERGY LTD 3.09% |
| Fortum Oyj 5.74% | HYUNDAI ENGINEERING & CONSTRUCTION CO.,L 3.04% |
| Paladin Energy Ltd 4.35% | DOOSAN ENERBILITY CO., LTD. 2.67% |
| CGN Power Co Ltd 3.90% | BHP GROUP LIMITED 2.21% |
| KEPCO Engineering & Construction Co Inc 2.49% | KEPCO Engineering & Construction Company 1.99% |
| X-Energy Inc 2.38% | SAMSUNG C&T CORPORATION 1.96% |
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 Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NLR | URA | NLR | URA | NLR | URA | |
| 3 months | −1.8% | +1.7% | −6.5 pts | −3.0 pts | −3.9 pts | −0.4 pts |
| 6 months | −11.8% | −5.6% | −27.0 pts | −20.7 pts | −32.0 pts | −25.7 pts |
| 1 year | +4.0% | +19.6% | −16.0 pts | −0.4 pts | −21.6 pts | −6.0 pts |
| 3 years | +95.8% | +112.1% | +17.9 pts | +34.1 pts | +2.4 pts | +18.6 pts |
| Since launch | +200.2% | −30.8% | −611.2 pts | −760.5 pts | −1483.9 pts | −1465.7 pts |
| NLR VanEck Uranium and Nuclear ETF | URA Global X Uranium ETF | |
|---|---|---|
| Issuer | VanEck | Global X |
| Theme | Nuclear and uranium | Nuclear and uranium |
| In the S&P 500 | 15.1% | 0.0% |
| Active share vs the S&P 500 | 99.8% | 100.0% |
| In the Nasdaq-100 | 8.0% | 0.0% |
| Holdings | 25 | 52 |
| Top ten, share of the fund | 61.0% | 66.1% |
| Expense ratio | 0.52% | 0.69% |
| Fee for the differing part | 0.52% | 0.69% |
| Total return, 1 year | +4.0% | +19.6% |
| vs the S&P 500 | −16.0 pts | −0.4 pts |
| vs the Nasdaq-100 | −21.6 pts | −6.0 pts |
| Below its high | −27.0% | −47.6% |
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.
URA in plain words
By weight, 0% of URA'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 66% of the fund across 52 positions, as filed for Apr 30, 2026. Over the year to Sep 4, 2026 the fund returned +19.6% with distributions reinvested against +20.0% for the S&P 500, so a holder was about even. It sits 47.6% below its all-time high of Feb 2, 2011.
Questions people ask
- Do NLR and URA hold the same stocks?
- By their latest filings, 51% of their books are the same securities at the same weight, which is close to holding one of them twice. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, NLR or URA?
- NLR has 15% of its weight in S&P 500 names and URA has 0%, so URA differs more from the index.
- Which is cheaper, NLR or URA?
- NLR charges 0.52% a year and URA charges 0.69%, 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.
Cite this page. ETFIQ, NLR against URA, data as of Sep 4, 2026. https://etfiq.com/compare/themes/NLR-URA.html Free to use with attribution; the underlying files are at Open data.