# SMRF (ALPS Nautilus SMR, Nuclear & Technology ETF)

ALPS · Thematic ETFs · data as of Sep 11, 2026

SMRF holds 72 stocks, and 72% of its weight is outside the S&P 500.

## Key facts

- SMRF, already in the S&P 500: 27.8%, as of Sep 11, 2026.
- SMRF, active share vs the S&P 500: 92.5%, as of Sep 11, 2026.
- SMRF, top ten holdings: 40.2%, as of Sep 11, 2026.
- SMRF, total return, since launch: −7.4%, as of Sep 11, 2026.
- SMRF, net assets: $11m (SEC filing, whole fund, as filed for May 31, 2026).
- SMRF, expense ratio: 0.65% (485BPOS XBRL, Feb 18, 2026).

## SMRF over each window to Sep 11, 2026

| Window | Total return | S&P 500 | Gap to S&P 500 | Gap to Nasdaq-100 |
| --- | --- | --- | --- | --- |
| 3 months | −7.3% | +3.3% | −10.6 pts | −6.5 pts |
| 6 months | −0.5% | +16.0% | −16.5 pts | −21.1 pts |
| Since launch | −7.4% | +12.3% | −19.6 pts | −26.1 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Theme | Nuclear and uranium | ETFIQ, editorial |
| Launched | Feb 19, 2026 | ETFIQ |
| Already in the S&P 500, by weight | 27.8% | ETFIQ |
| Active share vs the S&P 500 | 92.5% | ETFIQ |
| Already in the Nasdaq-100, by weight | 14.4% | ETFIQ |
| Active share vs the Nasdaq-100 | 91.2% | ETFIQ |
| Top ten holdings weight | 40.2% | ETFIQ |
| Holdings | 72 | ETFIQ |
| Holdings as of | May 31, 2026 | SEC N-PORT |
| Top holdings | 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% | ETFIQ |
| Net assets | $11m | SEC filing, whole fund, as filed for May 31, 2026 |
| Below its all-time high | −18.3% | ETFIQ |
| Expense ratio | 0.65% | 485BPOS XBRL, Feb 18, 2026 |
| Fee for the part that differs from the S&P 500, active expense ratio | 0.70% | ETFIQ |
| Closest funds by holdings overlap | NLR 55%, URAN 45%, URA 36%, URNM 33%, TNUK 32% | ETFIQ |

## Questions

### How much of SMRF is in S&P 500 companies?

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.

### What does SMRF hold?

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%.

### Has SMRF beaten the S&P 500?

Over the year to Sep 11, 2026 SMRF returned −7.4% with distributions reinvested, against +12.3% for the S&P 500, so it finished behind the index by 19.6 points.

### What does SMRF cost?

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%.


## Cite this page

ETFIQ, SMRF, data as of Sep 11, 2026. https://etfiq.com/funds/SMRF
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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