Do SMRF and URA hold the same stocks?

By their latest filings, 36% 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, SMRF or URA?

SMRF has 28% of its weight in S&P 500 names and URA has 0%, so URA differs more from the index.

Which is cheaper, SMRF or URA?

SMRF charges 0.65% a year and URA charges 0.69%, so SMRF is cheaper. Fees come from each fund's prospectus.

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SMRF vs URA: which is really different?

SMRF and URA hold 36% of their weight in the same names. ALPS Nautilus SMR, Nuclear & Technology ETF and Global X Uranium ETF.

27.8%

SMRF in the S&P 500

0.0%

URA in the S&P 500

−11.7%

SMRF total return, since launch

−12.3%

URA total return, 1 year

SMRF · 6 months to Sep 30, 202672% of its weight is outside the S&P 500

28% of SMRF's weight is in S&P 500 companies and 72% is outside the index

URA · 1 year to Sep 30, 2026100% of its weight is outside the S&P 500

0% of URA's weight is in S&P 500 companies and 100% is outside the index

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

SMRF 27.5

URA 92

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, SMRF and URA hold 36% 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

36% in common

Positions both hold, largest shared weight first

Holding SMRF URA

Cameco Corp 4.30% 22.04%

Nexgen Energy Ltd 4.23% 5.98%

Oklo Inc 4.22% 5.72%

Uranium Energy Corp 4.00% 4.67%

Paladin Energy Ltd 3.41% 3.09%

Nuscale Power Corp 3.77% 2.81%

Denison Mines Corp 2.96% 2.48%

Yellow Cake Plc 1.84% 1.92%

Cgn Mining Co Ltd 1.22% 0.93%

Deep Yellow Ltd 0.98% 0.78%

Nano Nuclear Energy Inc 1.16% 0.72%

Silex Systems Ltd 0.96% 0.71%

Only in SMRF

Cgn Power Co Ltd 4.28%

Bwx Technologies Inc 4.23%

Ge Vernova Inc 3.82%

Nac Kazatomprom Jsc 3.82%

Energy Fuels Inc/canada 3.54%

Centrus Energy Corp 3.17%

Astera Labs Inc 2.83%

Micron Technology Inc 2.43%

Only in URA

SPROTT PHYSICAL URANIUM TR 6.83%

NAC KAZATOMPROM JSC-GDR REGS 4.37%

ENERGY FUELS INC 2.89%

CENTRUS ENERGY CORP-CLASS A 2.69%

X-ENERGY INC 2.60%

SIBANYE STILLWATER LTD 2.52%

HYUNDAI ENGINEERING & CONST 2.50%

DAEWOO ENGINEERING & CONSTR 2.47%

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

36% 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	SMRF	URA	SMRF	URA	SMRF	URA
3 months	−11.2%	−7.7%	−13.7 pts	−10.2 pts	−13.3 pts	−9.8 pts
6 months	−2.9%	−19.1%	−19.9 pts	−36.1 pts	−29.8 pts	−46.0 pts
1 year	not published	−12.3%	not published	−28.0 pts	not published	−36.1 pts
3 years	not published	+68.7%	not published	−16.3 pts	not published	−41.3 pts
Since launch SMRF Feb 2026 · URA Nov 2010	−11.7%	−40.1%	−24.0 pts	−763.8 pts	−34.7 pts	−1521.0 pts

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

On the same fields

SMRF

ALPS Nautilus SMR, Nuclear & Technology ETF · Holds 72 stocks in nuclear and uranium, 28% of its weight in S&P 500 companies

URA

Global X Uranium ETF · Holds 63 stocks in nuclear and uranium, 0% of its weight in S&P 500 companies

Issuer ALPS Global X

Theme Nuclear and uranium Nuclear and uranium

In the S&P 500 27.8% 0.0%

Active share vs the S&P 500 92.5% 100.0%

In the Nasdaq-100 14.4% 0.0%

Holdings 72 63

Top ten, share of the fund 40.2% 61.1%

Expense ratio 0.65% 0.69%

Fee for the differing part 0.70% 0.69%

Total return, 1 year −11.7% (since launch on Feb 19, 2026) −12.3%

vs the S&P 500 −24.0 pts −28.0 pts

vs the Nasdaq-100 −34.7 pts −36.1 pts

Below its high −22.1% −54.6%

Net assets $11m $5.6bn

SMRF and URA on the same fields, as of Sep 30, 2026. Source: ETFIQ.

SMRF in plain words

By weight, 28% of SMRF's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 92%. The top ten holdings are 40% of the fund across 72 positions, as filed for May 31, 2026. Since it launched on Feb 19, 2026 the fund returned −11.7% with distributions reinvested against +12.3% for the S&P 500, so a holder was behind by 24.0 pts. It sits 22.1% below its all-time high of Jun 2, 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 63 positions, as published by its issuer for Sep 30, 2026. Over the year to Sep 30, 2026 the fund returned −12.3% with distributions reinvested against +15.7% for the S&P 500, so a holder was behind by 28.0 pts. It sits 54.6% below its all-time high of Feb 2, 2011.

Questions people ask

Do SMRF and URA hold the same stocks?: By their latest filings, 36% 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, SMRF or URA?: SMRF has 28% of its weight in S&P 500 names and URA has 0%, so URA differs more from the index.
Which is cheaper, SMRF or URA?: SMRF charges 0.65% a year and URA charges 0.69%, so SMRF is cheaper. Fees come from each fund's prospectus.

Other comparisons

SMRF vs TNUK SMRF vs URAN SMRF vs UX SMRF vs URNJ URA vs COPX URA vs DRAM URA vs FDN URA vs GDX

SMRF on its own →URA on its own →How every figure is computed →Standards and sources →

Where these figures came from

SMRF filings on SEC EDGAR ↗SMRF prospectus with the expense ratio (SEC) ↗ALPS website ↗URA filings on SEC EDGAR ↗URA prospectus with the expense ratio (SEC) ↗Global X page for URA ↗

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, SMRF against URA, data as of Sep 30, 2026. https://etfiq.com/compare/themes/smrf-vs-ura

Open data

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