{
 "ticker": "SMRF",
 "name": "ALPS Nautilus SMR, Nuclear & Technology ETF",
 "issuer": "ALPS",
 "desk": "themes",
 "url": "https://etfiq.com/funds/SMRF",
 "html": "https://etfiq.com/funds/SMRF",
 "markdown": "https://etfiq.com/funds/SMRF.md",
 "as_of": "2026-09-11",
 "verdict": "SMRF holds 72 stocks, and 72% of its weight is outside the S&P 500.",
 "key_facts": [
  {
   "key": "already_in_the_s_p_500",
   "label": "Already in the S&P 500",
   "value": "27.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMRF, already in the S&P 500: 27.8%, as of Sep 11, 2026."
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "92.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMRF, active share vs the S&P 500: 92.5%, as of Sep 11, 2026."
  },
  {
   "key": "top_ten_holdings",
   "label": "Top ten holdings",
   "value": "40.2%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMRF, top ten holdings: 40.2%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u22127.4%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "SMRF, total return, since launch: \u22127.4%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026",
   "as_of": "2026-09-11",
   "sentence": "SMRF, net assets: $11m (SEC filing, whole fund, as filed for May 31, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Feb 18, 2026",
   "as_of": "2026-09-11",
   "sentence": "SMRF, expense ratio: 0.65% (485BPOS XBRL, Feb 18, 2026)."
  }
 ],
 "fields": [
  {
   "key": "theme",
   "label": "Theme",
   "value": "Nuclear and uranium",
   "source": "ETFIQ, editorial"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Feb 19, 2026",
   "source": null
  },
  {
   "key": "already_in_the_s_p_500_by_weight",
   "label": "Already in the S&P 500, by weight",
   "value": "27.8%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_s_p_500",
   "label": "Active share vs the S&P 500",
   "value": "92.5%",
   "source": "ETFIQ"
  },
  {
   "key": "already_in_the_nasdaq_100_by_weight",
   "label": "Already in the Nasdaq-100, by weight",
   "value": "14.4%",
   "source": "ETFIQ"
  },
  {
   "key": "active_share_vs_the_nasdaq_100",
   "label": "Active share vs the Nasdaq-100",
   "value": "91.2%",
   "source": "ETFIQ"
  },
  {
   "key": "top_ten_holdings_weight",
   "label": "Top ten holdings weight",
   "value": "40.2%",
   "source": null
  },
  {
   "key": "holdings",
   "label": "Holdings",
   "value": "72",
   "source": null
  },
  {
   "key": "holdings_as_of",
   "label": "Holdings as of",
   "value": "May 31, 2026",
   "source": "SEC N-PORT"
  },
  {
   "key": "top_holdings",
   "label": "Top holdings",
   "value": "Cameco Corp 4.3%, Cgn Power Co Ltd 4.3%, Nexgen Energy Ltd 4.2%, Bwx Technologies Inc 4.2%, Oklo Inc 4.2%, Uranium Energy Corp 4.0%, Ge Vernova Inc 3.8%, Nac Kazatomprom Jsc 3.8%, Nuscale Power Corp 3.8%, Energy Fuels Inc/canada 3.5%",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$11m",
   "source": "SEC filing, whole fund, as filed for May 31, 2026"
  },
  {
   "key": "below_its_all_time_high",
   "label": "Below its all-time high",
   "value": "\u221218.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.65%",
   "source": "485BPOS XBRL, Feb 18, 2026"
  },
  {
   "key": "fee_for_the_part_that_differs_from_the_s_p_500_active_expense_ratio",
   "label": "Fee for the part that differs from the S&P 500, active expense ratio",
   "value": "0.70%",
   "source": "ETFIQ"
  },
  {
   "key": "closest_funds_by_holdings_overlap",
   "label": "Closest funds by holdings overlap",
   "value": "NLR 55%, URAN 45%, URA 36%, URNM 33%, TNUK 32%",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Total return": "\u22127.3%",
   "S&P 500": "+3.3%",
   "Gap to S&P 500": "\u221210.6 pts",
   "Gap to Nasdaq-100": "\u22126.5 pts"
  },
  {
   "window": "6 months",
   "Total return": "\u22120.5%",
   "S&P 500": "+16.0%",
   "Gap to S&P 500": "\u221216.5 pts",
   "Gap to Nasdaq-100": "\u221221.1 pts"
  },
  {
   "window": "Since launch",
   "Total return": "\u22127.4%",
   "S&P 500": "+12.3%",
   "Gap to S&P 500": "\u221219.6 pts",
   "Gap to Nasdaq-100": "\u221226.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much of SMRF is in S&P 500 companies?",
   "a": "By its holdings filed for May 31, 2026, 28% of SMRF by weight is stocks the S&P 500 already holds. Its active share against the index is 92%, so that share is the part doing something different."
  },
  {
   "q": "What does SMRF hold?",
   "a": "72 positions as filed for May 31, 2026, with the top ten at 40% of the fund. The largest are Cameco Corp at 4.3%, Cgn Power Co Ltd at 4.3%, Nexgen Energy Ltd at 4.2%."
  },
  {
   "q": "Has SMRF beaten the S&P 500?",
   "a": "Over the year to Sep 11, 2026 SMRF returned \u22127.4% with distributions reinvested, against +12.3% for the S&P 500, so it finished behind the index by 19.6 points."
  },
  {
   "q": "What does SMRF cost?",
   "a": "The prospectus expense ratio is 0.65% a year. Because 92% of the fund differs from the S&P 500, the fee on that differing part works out at 0.70%."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}