Data as of .
NLR vs URA: which is really different?
NLR holds 15.3% of its weight in S&P 500 companies and URA 0.0%.
ETFIQ Off-Index Score: URA scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 371 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 URA hold 17% of their money in the same securities at the same weight.
| Holding | NLR | URA |
|---|---|---|
| Uranium Energy Corp | 5.07% | 4.72% |
| Oklo Inc | 3.91% | 5.12% |
| Nuscale Power Corp | 4.76% | 2.80% |
| Centrus Energy Corp | 4.90% | 2.68% |
| X-Energy Inc | 2.02% | 2.50% |
| Nano Nuclear Energy Inc | 1.55% | 0.68% |
| Ur-Energy Inc | 0.73% | 0.45% |
| Only in NLR | Only in URA |
|---|---|
| Constellation Energy Corp 9.09% | CAMECO CORP 22.39% |
| Cameco Corp 7.90% | SPROTT PHYSICAL URANIUM TR 6.46% |
| Fortum Oyj 6.83% | NEXGEN ENERGY LTD 5.88% |
| Public Service Enterprise Group Inc 6.22% | NAC KAZATOMPROM JSC-GDR REGS 4.42% |
| Nexgen Energy Ltd 5.30% | PALADIN ENERGY LTD 3.15% |
| Bwx Technologies Inc 5.21% | ENERGY FUELS INC 3.09% |
| Paladin Energy Ltd 5.21% | SIBANYE STILLWATER LTD 2.83% |
| Denison Mines Corp 4.94% | DENISON MINES CORP 2.64% |
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 dated Sep 10, 2026 and Sep 11, 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 | −7.2% | −4.4% | −10.5 pts | −7.7 pts | −6.4 pts | −3.6 pts |
| 6 months | −17.1% | −11.7% | −33.1 pts | −27.7 pts | −37.8 pts | −32.4 pts |
| 1 year | −6.1% | +7.0% | −23.6 pts | −10.5 pts | −29.1 pts | −15.9 pts |
| 3 years | +83.0% | +100.1% | +5.2 pts | +22.2 pts | −12.0 pts | +5.0 pts |
| Since launch | +183.3% | −34.6% | −621.0 pts | −758.0 pts | −1490.6 pts | −1460.8 pts |
| NLR VanEck Uranium and Nuclear ETF Holds 25 stocks in nuclear and uranium, 15% of its weight in S&P 500 companies | URA Global X Uranium ETF Holds 58 stocks in nuclear and uranium, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | VanEck | Global X |
| Theme | Nuclear and uranium | Nuclear and uranium |
| In the S&P 500 | 15.3% | 0.0% |
| Active share vs the S&P 500 | 99.8% | 100.0% |
| In the Nasdaq-100 | 9.1% | 0.0% |
| Holdings | 25 | 58 |
| Top ten, share of the fund | 60.7% | 60.9% |
| Expense ratio | 0.52% | 0.69% |
| Fee for the differing part | 0.52% | 0.69% |
| Total return, 1 year | −6.1% | +7.0% |
| vs the S&P 500 | −23.6 pts | −10.5 pts |
| vs the Nasdaq-100 | −29.1 pts | −15.9 pts |
| Below its high | −31.1% | −50.4% |
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 published by its issuer for Sep 10, 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.
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 61% of the fund across 58 positions, as published by its issuer for Sep 11, 2026. Over the year to Sep 11, 2026 the fund returned +7.0% with distributions reinvested against +17.5% for the S&P 500, so a holder was behind by 10.5 pts. It sits 50.4% below its all-time high of Feb 2, 2011.
Questions people ask
- 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 11, 2026. https://etfiq.com/compare/themes/nlr-vs-ura Free to use with attribution; the underlying files are at Open data.