ATLASVanEck Uranium and Nuclear ETF (NLR): outlook, holdings and fees
VanEck Uranium and Nuclear ETF (NLR) is an exchange-traded fund and is managed by VanEck. The expense ratio is 0.57% and the yield is 2.92%. The ten largest holdings are 65% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on NLR
| Last price | $90.29 (-1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $84.57 – $96.37 |
| Normal 1-day range (±1σ) | ±2.2% |
| Distribution yield | 2.92% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
NLR fund facts
| Issuer | VanEck |
|---|---|
| Theme | Uranium & nuclear |
| Assets under management | $3.5B |
| Expense ratio | 0.57% |
| Number of holdings | 25 |
| Portfolio turnover | 39% |
| Inception | Aug 13, 2007 |
| Exchange | NYSE |
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index includes equity securities and depositary receipts issued by companies involved in uranium and nuclear energy. The fund is non-diversified.
NLR top holdings
| Holding | Sector | Weight |
|---|---|---|
| Constellation Energy Corp CEG | Utilities | 9.86% |
| Cameco Corp CCO | Energy | 8.16% |
| Public Service Enterprise Group Inc PEG | Utilities | 8.50% |
| Fortum Oyj FORTUM | Utilities | 6.78% |
| BWX Technologies Inc BWXT | Industrials | 6.80% |
| CGN Power 1816 | Utilities | 5.46% |
| NexGen Energy Ltd. NXE | Energy | 5.52% |
| Oklo Inc. OKLO | Utilities | 4.96% |
| National Atomic Co Kazatomprom JSC ADR KAP | Energy | 4.61% |
| X-Energy, Inc. Class A Common Stock XE | Industrials | 4.02% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
NLR sector breakdown
| Sector | Weight |
|---|---|
| Energy | 45.7% |
| Utilities | 35.5% |
| Industrials | 17.6% |
| Technology | 1.3% |
By region: North America 68.8%, Asia Emerging 11.3%, Europe Developed 7.1%, Australasia 6.6%, United Kingdom 3.1%.
NLR returns and risk
| Year to date | -16.5% |
|---|---|
| 1 year | -28.2% |
| 3 years (annualised) | +18.4% |
| 5 years (annualised) | +16.1% |
| 10 years (annualised) | +11.0% |
| Volatility (3 years) | 34.8% |
| Sharpe ratio (3 years) | 0.46 |
Past returns do not guarantee future results.
NLR: frequently asked questions
What does NLR invest in?
VanEck Uranium and Nuclear ETF invests in a portfolio of securities. Its largest holdings are Constellation Energy Corp (9.9%), Cameco Corp (8.2%), Public Service Enterprise Group Inc (8.5%), Fortum Oyj (6.8%), BWX Technologies Inc (6.8%).
What is the NLR expense ratio?
0.57% a year: about $57.00 for every $10,000 invested.
What is the NLR dividend yield?
2.92%. ATLAS does not hold the exact distribution dates for ETFs.
Will NLR go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $84.57 to $96.37 from $90.29 today. It is a probability, not a prediction.
How has NLR performed?
Year to date -16.5%, one year -28.2%, three years +18.4% a year, five years +16.1% a year. Past returns do not guarantee future results.
Similar ETFs: Uranium & nuclear
Educational information, not investment advice. Disclaimer