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Data as of .

NLR vs XT: which is really different?

XT holds 64.0% of its weight in S&P 500 companies and NLR 15.3%.

VanEck Uranium and Nuclear ETF and iShares Future Exponential Technologies ETF, side by side, thematic ETFs on ETFIQ.

15.3%NLR in the S&P 500
64.0%XT in the S&P 500
−6.1%NLR total return, 1 year
+25.7%XT total return, 1 year

ETFIQ Off-Index Score: NLR scores higher

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

NLR 77.4XT 3.20.1, the lowest in this set91.6, the highest

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

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 Sep 10, 2026 · Nasdaq-100: 9% in15%85%inof its weight outside the S&P 500active share 100% · top ten 61% of the fund
XT36% of its weight is outside the S&P 500 · 1 year to Sep 11, 2026
64%36%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 67% · top ten 34% of the fund · 192 holdings filed Sep 10, 2026 · Nasdaq-100: 39% in64%36%in the S&P 500outsideactive share 67% · top ten 34% of the fund

What they hold in common

By the books each fund has filed, NLR and XT hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in NLROnly in XT
Constellation Energy Corp 9.09%MICROSOFT 4.21%
Cameco Corp 7.90%NVIDIA 4.18%
Fortum Oyj 6.83%ELI LILLY 3.90%
Public Service Enterprise Group Inc 6.22%TESLA INC 3.55%
Nexgen Energy Ltd 5.30%TEXAS INSTRUMENT INC 3.55%
Bwx Technologies Inc 5.21%JOHNSON & JOHNSON 3.48%
Paladin Energy Ltd 5.21%ANALOG DEVICES 2.88%
Uranium Energy Corp 5.07%AMAZON.COM INC 2.87%

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.

Performance, window by window

NLR and XT over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnvs the S&P 500vs the Nasdaq-100
NLRXTNLRXTNLRXT
3 months−7.2%+0.7%−10.5 pts−2.6 pts−6.4 pts+1.5 pts
6 months−17.1%+18.0%−33.1 pts+2.0 pts−37.8 pts−2.7 pts
1 year−6.1%+25.7%−23.6 pts+8.2 pts−29.1 pts+2.8 pts
3 years+83.0%+63.3%+5.2 pts−14.6 pts−12.0 pts−31.8 pts
Since launch+183.3%+279.7%−621.0 pts−61.9 pts−1490.6 pts−340.9 pts
Open the live comparison on ETFIQ
NLR and XT 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
XT
iShares Future Exponential Technologies ETF
Holds 192 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies
IssuerVanEckiShares
ThemeNuclear and uraniumBroad innovation and megatrends
In the S&P 50015.3%64.0%
Active share vs the S&P 50099.8%67.4%
In the Nasdaq-1009.1%38.8%
Holdings25192
Top ten, share of the fund60.7%33.8%
Expense ratio0.52%0.46%
Fee for the differing part0.52%0.68%
Total return, 1 year−6.1%+25.7%
vs the S&P 500−23.6 pts+8.2 pts
vs the Nasdaq-100−29.1 pts+2.8 pts
Below its high−31.1%−3.2%

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.

XT in plain words

By weight, 64% of XT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 67%. The top ten holdings are 34% of the fund across 192 positions, as published by its issuer for Sep 10, 2026. Over the year to Sep 11, 2026 the fund returned +25.7% with distributions reinvested against +17.5% for the S&P 500, so a holder was ahead by 8.2 pts.

Questions people ask

Which is more different from the S&P 500, NLR or XT?
NLR has 15% of its weight in S&P 500 names and XT has 64%, so NLR differs more from the index.
Which is cheaper, NLR or XT?
NLR charges 0.52% a year and XT charges 0.46%, so XT 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 XT, 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 XT, data as of Sep 11, 2026. https://etfiq.com/compare/themes/nlr-vs-xt Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources