Do NLR and NUKZ hold the same stocks?

By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.

Which is more different from the S&P 500, NLR or NUKZ?

NLR has 16% of its weight in S&P 500 names and NUKZ has 23%, so NLR differs more from the index.

Which is cheaper, NLR or NUKZ?

NLR charges 0.52% a year and NUKZ charges 0.85%, so NLR is cheaper. Fees come from each fund's prospectus.

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NLR vs NUKZ: which is really different?

NLR and NUKZ hold 25% of their weight in the same names, and NUKZ returned −6.6% over the year. VanEck Uranium and Nuclear ETF and Range Nuclear Renaissance Index ETF.

15.8%

NLR in the S&P 500

23.1%

NUKZ in the S&P 500

−21.8%

NLR total return, 1 year

−6.6%

NUKZ total return, 1 year

NLR · 1 year to Sep 30, 202684% of its weight is outside the S&P 500

16% of NLR's weight is in S&P 500 companies and 84% is outside the index

NUKZ · 1 year to Sep 30, 202677% of its weight is outside the S&P 500

23% of NUKZ's weight is in S&P 500 companies and 77% is outside the index

ETFIQ Off-Index Score · NLR scores higherHow much of it is not the index it is sold as an alternative to?

NLR 78.3

NUKZ 57.6

0.1, the lowest in this set92.0, the highest

A percentile among the 375 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 →

What they hold in common

By the books each fund has filed, NLR and NUKZ hold 25% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Sep 30, 2026.

50%

half

25% in common

Positions both hold, largest shared weight first

Holding NLR NUKZ

Fortum Oyj 7.17% 2.63%

Oklo Inc 5.14% 2.32%

Bwx Technologies Inc 6.20% 1.84%

Nuscale Power Corp 3.89% 1.76%

Uranium Energy Corp 4.33% 1.46%

Nano Nuclear Energy Inc 1.36% 1.99%

Centrus Energy Corp 3.81% 1.27%

Silex Systems Ltd 1.27% 1.61%

Only in NLR

Constellation Energy Corp 8.17%

Cameco Corp 8.16%

Public Service Enterprise Group Inc 7.67%

Nexgen Energy Ltd 5.57%

Cgn Power Co Ltd 5.28%

Nac Kazatomprom Jsc 4.56%

X-Energy Inc 4.37%

Denison Mines Corp 4.10%

Only in NUKZ

CAMECO CORPORATION 9.10%

SAMSUNG C&T CORPORATION 3.45%

GE VERNOVA INC. 3.34%

TALEN ENERGY CORP 3.27%

ROLLS-ROYCE HOLDINGS PLC 3.02%

CEZ, a.s. 2.98%

Dominion Energy, Inc. 2.92%

Endesa, Sociedad Anonima 2.87%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed.

25% of the two portfolios are the same securities at the same weight.

Performance, window by window

	Total return		vs the S&P 500		vs the Nasdaq-100
Window	NLR	NUKZ	NLR	NUKZ	NLR	NUKZ
3 months	−9.9%	−9.9%	−12.4 pts	−12.4 pts	−12.1 pts	−12.0 pts
6 months	−23.0%	−10.4%	−40.0 pts	−27.4 pts	−49.9 pts	−37.3 pts
1 year	−21.8%	−6.6%	−37.5 pts	−22.3 pts	−45.6 pts	−30.4 pts
3 years	+57.6%	not published	−27.4 pts	not published	−52.4 pts	not published
Since launch NLR Jan 2010 · NUKZ Jan 2024	+158.9%	+142.1%	−645.7 pts	+79.8 pts	−1578.6 pts	+65.8 pts

NLR and NUKZ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

NLR

VanEck Uranium and Nuclear ETF · Holds 25 stocks in nuclear and uranium, 16% of its weight in S&P 500 companies

NUKZ

Range Nuclear Renaissance Index ETF · Holds 46 stocks in nuclear and uranium, 23% of its weight in S&P 500 companies

Issuer VanEck Range

Theme Nuclear and uranium Nuclear and uranium

In the S&P 500 15.8% 23.1%

Active share vs the S&P 500 99.8% 98.7%

In the Nasdaq-100 8.2% 2.6%

Holdings 25 46

Top ten, share of the fund 62.3% 36.4%

Expense ratio 0.52% 0.85%

Fee for the differing part 0.52% 0.86%

Total return, 1 year −21.8% −6.6%

vs the S&P 500 −37.5 pts −22.3 pts

vs the Nasdaq-100 −45.6 pts −30.4 pts

Below its high −37.1% −21.0%

Net assets $3.5bn $890m

NLR and NUKZ on the same fields, as of Sep 30, 2026. Source: ETFIQ.

NLR in plain words

By weight, 16% 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 62% of the fund across 25 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −21.8% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 37.5 pts. It sits 37.1% below its all-time high of Jan 28, 2026.

NUKZ in plain words

By weight, 23% of NUKZ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 36% of the fund across 46 positions, as filed for May 31, 2026. Over the year to Sep 30, 2026 the fund returned −6.6% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 22.3 pts. It sits 21.0% below its all-time high of May 6, 2026.

Questions people ask

Do NLR and NUKZ hold the same stocks?: By their latest filings, 25% of their books are the same securities at the same weight, which is a meaningful overlap. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, NLR or NUKZ?: NLR has 16% of its weight in S&P 500 names and NUKZ has 23%, so NLR differs more from the index.
Which is cheaper, NLR or NUKZ?: NLR charges 0.52% a year and NUKZ charges 0.85%, so NLR is cheaper. Fees come from each fund's prospectus.

Other comparisons

NLR vs SMRF NLR vs TNUK NLR vs URAN NLR vs URNJ NUKZ vs RCTR NUKZ vs SMRF NUKZ vs TNUK NUKZ vs URAN

NLR on its own →NUKZ on its own →How every figure is computed →Standards and sources →

Where these figures came from

NLR filings on SEC EDGAR ↗NLR prospectus with the expense ratio (SEC) ↗VanEck website ↗NUKZ filings on SEC EDGAR ↗NUKZ prospectus with the expense ratio (SEC) ↗Range website ↗

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement. A comparison is not a recommendation.

Cite this page

ETFIQ, NLR against NUKZ, data as of Sep 30, 2026. https://etfiq.com/compare/themes/nlr-vs-nukz

Open data

Free to use with attribution. Every figure is calculated from a named public source; the method is at etfiq.com/methodology.