Is NLR a good investment?

VanEck Uranium and Nuclear ETF (NLR) is a commodities and metals ETF. As of September 11, 2026, ETF Copilot scores NLR 4.1 out of 10 — highest on Growth (8.0), lowest on Quality (0.2). Its ten largest holdings are 61% of the fund.

Updated September 11, 2026

How is NLR rated? ETF Copilot scores VanEck Uranium and Nuclear ETF (NLR) 4.1 out of 10

As of September 11, 2026, ETF Copilot scores VanEck Uranium and Nuclear ETF (NLR) 4.1 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 4.1 / 10
Growth: 8.0 / 10
Valuation: 1.1 / 10
Risk: 0.6 / 10
Quality: 0.2 / 10
Return: 7.0 / 10

What is NLR's expense ratio? 0.52% a year

As of September 11, 2026, NLR charges 0.52% a year, yields 1.01% and holds $4.3B in assets across 25 positions.

VanEck Uranium and Nuclear ETF (NLR) — cost, income and size
Measure	NLR
Expense ratio	0.52%
Dividend yield	1.01%
Assets under management	$4.3B
Holdings	25

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in NLR's data

Global nuclear energy companies, actively selected.

Trades at a much richer price than the typical commodity fund — you pay more for each dollar of earnings.

Its trailing EBITDA multiple of 19.7x sits well above the category median of 8.6x. The fund holds just 25 names, and return on invested capital runs at 6.3%.

A focused bet on nuclear power, built around a small number of holdings.

What's inside NLR?

What's inside NLR: Size (Large 23%, Mid 35%, Small 42%); Geography (International 52%, US 48%); Tech 1.5%; AI 3.9%; Semiconductors 1.5%.

What are NLR's top holdings? The ten largest are 61% of the fund

Constellation Energy, Cameco, Fortum OYJ, Public Service Enterprise, Nexgen Energy, BWX Technologies, Paladin Energy, Uranium Energy, Denison Mines and Centrus Energy are NLR's largest holdings, in that order.

More concentrated than 64% of Commodities & Metals ETFs.

Half of NLR's weight sits in its 8 largest positions, and once those weights are taken into account it behaves like 19 equally weighted holdings.

Cite this

ETF Copilot, “VanEck Uranium and Nuclear ETF (NLR) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/nlr