VanEck Uranium and Nuclear ETF (NLR) is a commodities and metals ETF. As of October 28, 2026, ETF Copilot scores NLR 3.0 out of 10 — highest on Growth (5.8), lowest on Quality (0.2). Its ten largest holdings are 66% of the fund.
What stands out in NLR's data
Companies worldwide in uranium mining, nuclear power generation, and nuclear plant construction and services.
Trades at a much richer price than the typical commodities fund — you pay more for each dollar of earnings.
Its trailing EBITDA multiple of 13.7x is among the most expensive in the category, where the median runs at 7.2x. The fund holds just 25 names.
Offers focused exposure to the nuclear energy industry through a small set of companies.
Why did NLR move this week? It rose 1.8% in the week to October 28, 2026 — Nexgen Energy and NAC Kazatomprom JSC drove it
NLR rose 1.8% in the week to October 28, 2026. The holdings that moved it most were Nexgen Energy (+4.8%), NAC Kazatomprom JSC (+4.9%) and Paladin Energy (+6.4%); Constellation Energy (−4.7%) pushed the other way.
How is NLR rated? ETF Copilot scores VanEck Uranium and Nuclear ETF (NLR) 3.0 out of 10
As of October 28, 2026, ETF Copilot scores VanEck Uranium and Nuclear ETF (NLR) 3.0 out of 10 overall.
ETF Copilot scores (0–10 scale, higher is better):
- Overall: 3.0 / 10
- Growth: 5.8 / 10
- Value: 1.1 / 10
- Risk: 0.8 / 10
- Quality: 0.2 / 10
- Return: 5.0 / 10
What's inside NLR?
What's inside NLR: Size (Large 27%, Mid 31%, Small 42%); Geography (International 52%, US 48%); Tech 1.2%; AI 4.1%; Semiconductors 1.2%.
What are NLR's top holdings? The ten largest are 66% of the fund
Constellation Energy, Public Service Enterprise, Cameco, Fortum OYJ, BWX Technologies, CGN Power, Nexgen Energy, NAC Kazatomprom JSC, Altc Acquisition and Denison Mines are NLR's largest holdings, in that order.
More concentrated than 69% of Commodities & Metals ETFs.
Half of NLR's weight sits in its 7 largest positions, and once those weights are taken into account it behaves like 18 equally weighted holdings.
What is NLR's expense ratio? 0.52% a year
As of October 28, 2026, NLR charges 0.52% a year, yields 3.30% and holds $3.2B in assets across 25 positions.
| Measure | NLR |
|---|---|
| Expense ratio | 0.52% |
| Dividend yield | 3.30% |
| Assets under management | $3.2B |
| 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.
Cite this
ETF Copilot, “VanEck Uranium and Nuclear ETF (NLR) scores and holdings analysis”, as of October 28, 2026.
https://etf-copilot.com/etf/nlr
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