NLR — VanEck Uranium and Nuclear ETF

NLR Price Performance — Growth of $10,000

Value of a $10,000 investment in NLR over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

NLR Drawdown

The "underwater" chart: NLR's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

VanEck Uranium and Nuclear ETF (Ticker: NLR) is a materials ETF issued by VanEck, one of the 15 ETFs tracked in its category. With an overall rank of #412 out of 458 tracked ETFs, it holds a relatively lower position compared to its peers. The ETFValuer grade of D (score 43.9/100) indicates areas for improvement. The expense ratio of 0.52% and a dividend yield of 2.67% suggest that the fund is moderately priced and offers a modest income stream. The price of $119.95 and an asset under management (AUM) of $4.17B imply that the fund has a significant market presence, reflecting investor adoption and confidence in the underlying assets.

The VanEck Uranium and Nuclear ETF shows a mixed performance pattern across different time horizons. In the short term, the fund has demonstrated positive returns, with a 1-day gain of +0.64% and a 1-week gain of +1.55%. However, over the longer term, the returns have been less favorable, with a 1-month gain of +5.34% followed by a 3-month decline of -1.77% and a 6-month decline of -11.81%. The year-to-date return of -9.84% and a 1-year gain of +3.97% indicate a slight improvement in performance over the past year. The 3-year return of +94.07% suggests a strong performance over the longer term, but the recent volatility and drawdowns highlight the fund's susceptibility to market fluctuations.

The VanEck Uranium and Nuclear ETF is labeled as having very high volatility, which is reflected in its beta of 1.25, indicating that it is more sensitive to market movements than the overall market. The negative Sharpe ratio of -0.02 suggests that the fund's returns are not adequately compensating for the level of risk taken. The maximum drawdown of -37.52% indicates that the fund has experienced significant losses in the past, which could be concerning for risk-averse investors. Overall, these figures imply that the fund is best suited for investors who are willing to accept higher risk for the potential of higher returns, particularly in a market environment where the underlying assets of uranium and nuclear energy are performing well.

AI-generated summary based on the data on this page.

NLR Top Holdings

Holdings as of 2026-06-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 61.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how NLR's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With NLR

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with NLR's top 10 — URA overlaps most, holding 4 of the same companies as NLR's top 10 (23.6% of NLR's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.77% (as of 2026-09-03) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 14.32 (as of 2026-09-03) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

NLR Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 2.68% and average daily volume is 417K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $4.17B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: NLR is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

NLR Performance History

How NLR Compares to Other Materials ETFs