{"url":"https://etfiq.com/compare/themes/nlr-vs-uran","section":"compare","title":"NLR vs URAN: which is really different? | ETFIQ","description":"15.8% of NLR and 24.7% of URAN is already in the S&P 500 by weight, as filed, and 54% of the two books are the same names at the same weight.","as_of":"Sep 30, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Do NLR and URAN hold the same stocks?","acceptedAnswer":{"@type":"Answer","text":"By their latest filings, 54% 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."}},{"@type":"Question","name":"Which is more different from the S&P 500, NLR or URAN?","acceptedAnswer":{"@type":"Answer","text":"NLR has 16% of its weight in S&P 500 names and URAN has 25%, so NLR differs more from the index."}},{"@type":"Question","name":"Which is cheaper, NLR or URAN?","acceptedAnswer":{"@type":"Answer","text":"NLR charges 0.52% a year and URAN charges 0.35%, so URAN is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Thematic ETFs","item":"https://etfiq.com/themes/"},{"@type":"ListItem","position":3,"name":"NLR vs URAN","item":"https://etfiq.com/compare/themes/nlr-vs-uran"}]},{"@type":"WebPage","name":"NLR vs URAN: which is really different?","description":"15.8% of NLR and 24.7% of URAN is already in the S&P 500 by weight, as filed, and 54% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","url":"https://etfiq.com/compare/themes/nlr-vs-uran","dateModified":"2026-09-30","abstract":"NLR and URAN hold 54% of their weight in the same names.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of NLR and URAN","description":"15.8% of NLR and 24.7% of URAN is already in the S&P 500 by weight, as filed, and 54% of the two books are the same names at the same weight. Returns and overlap to Sep 30, 2026.","dateModified":"2026-09-30","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/themes/nlr-vs-uran","license":"https://etfiq.com/standards/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/thematic.json"}],"variableMeasured":["Weight overlap with the S&P 500","Active share","Holdings","Top ten share of the fund","Total return","Fee for the differing part","Expense ratio"],"keywords":["exchange-traded funds","ETF","Thematic ETFs","fund data","SEC filings"]}],"characters":6849,"truncated":true,"content":"ETFIQ / Thematic ETFs / Head to head / NLR vs URAN \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Sep 30, 2026 .\n\n NLR vs URAN: which is really different?\n\n NLR and URAN hold 54% of their weight in the same names.\n Copy this for sharing \n \n VanEck Uranium and Nuclear ETF and Themes Uranium & Nuclear ETF.\n\n Download as PDF \n\n 15.8% NLR in the S&P 500 \n 24.7% URAN in the S&P 500 \n \u221221.8% NLR total return, 1 year \n \u221222.3% URAN total return, 1 year \n\n ETFIQ Off-Index Score: NLR scores higher\n How much of it is not the index it is sold as an alternative to?\n [NLR scores 78.3 and URAN 69.7 o","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","citation":"ETFIQ, as of Sep 30, 2026. https://etfiq.com/compare/themes/nlr-vs-uran","a":{"ticker":"NLR","name":"VanEck Uranium and Nuclear ETF","issuer":"VanEck","desk":"themes","as_of":"2026-09-30","verdict":"NLR holds 25 stocks, and 84% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/nlr","key_facts":[{"label":"Already in the S&P 500","value":"15.8%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.8%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"62.3%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u221221.8%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$3.5bn","as_of":"2026-09-30","source":"the issuer\u2019s daily holdings, added up, as of Sep 30, 2026"},{"label":"Expense ratio","value":"0.52%","as_of":"2026-09-30","source":"485BPOS XBRL, Apr 29, 2026"}]},"b":{"ticker":"URAN","name":"Themes Uranium & Nuclear ETF","issuer":"Themes","desk":"themes","as_of":"2026-09-30","verdict":"URAN holds 42 stocks, and 75% of its weight is outside the S&P 500.","url":"https://etfiq.com/funds/uran","key_facts":[{"label":"Already in the S&P 500","value":"24.7%","as_of":"2026-09-30","source":null},{"label":"Active share vs the S&P 500","value":"99.5%","as_of":"2026-09-30","source":null},{"label":"Top ten holdings","value":"41.2%","as_of":"2026-09-30","source":null},{"label":"Total return, 1 year","value":"\u221222.3%","as_of":"2026-09-30","source":null},{"label":"Net assets","value":"$25m","as_of":"2026-09-30","source":"issuer page, as of Sep 18, 2026"},{"label":"Expense ratio","value":"0.35%","as_of":"2026-09-30","source":"485BPOS XBRL, Jan 27, 2026"}]},"overlap_pct":54,"full_text_at":"https://etfiq.com/compare/themes/nlr-vs-uran"}