NLRvsURNMETF Comparison
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VanEck Uranium+Nuclear Energy ETF (NLR) and Sprott Uranium Miners ETF (URNM) belong to the same industry segment: Alternative Energy. NLR's top 3 sector exposures are Energy, Utilities and Industrials. In contrast, URNM's top sector exposures are Energy, Non-Corporate and Industrials. NLR is less expensive with a Total Expense Ratio (TER) of 0.52%, versus 0.75% for URNM. NLR is down -26.93% year-to-date (YTD) with +$768M in YTD flows. URNM performs better with -23.93% YTD performance, and +$479M in YTD flows. Run a side-by-side ETF comparison of NLR and URNM below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
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NLR vs URNM performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/23/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | NLR URNM | -16.88%-20.31% | -19.05%-17.78% | -26.93%-23.93% | -35.41%-24.75% | +44.05%+4.81% | +78.93%+4.04% |
| Flows | NLR URNM | -$84M+$61M | -$221M+$166M | +$768M+$479M | +$1.13B+$467M | +$3.85B+$514M | +$3.92B+$1.02B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | NLR URNM | +37.31%+38.56% | +38.67%+43.52% | +33.05%+37.40% | +28.09%+39.26% |
| Max drawdown | NLR URNM | -27.90%-31.48% | -44.30%-49.29% | -44.30%-50.18% | -44.30%-50.18% |
| Max drawdown duration | NLR URNM | 57d57d | 268d267d | 268d485d | 268d485d |
Trading data
NLR | URNM | |
Last sale 10/23/2026 at 1:30 PM | $90.38 | $41.79 |
| Previous close 10/22/2026 | $90.84 | $41.54 |
| Consolidated volume 10/22/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of September 30, 2026
1-year trailing difference
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NLR | URNM | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
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Main metrics
Last update 10/23/2026 at 1:30 PM
Live
Closed
NLR | URNM | |
|---|---|---|
| Last price | $90.38 | $41.79 |
| 1D performance | -0.51% | +0.60% |
| AuM | $3.05 B | $1.65 B |
| E/R | 0.52% | 0.75% |
Characteristics
NLR | URNM | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | VanEck | Sprott ETFs |
| Benchmark | MVIS Global Uranium & Nuclear Energy Index | North Shore Global Uranium Mining Index |
| N° of holdings | 25 | 25 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | August 13, 2007 | November 29, 2019 |
| ESG | No | No |
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Exposure
Countries
NLR
USA
48.42%
Canada
19.33%
Australia
8.86%
Other
23.38%
URNM
Canada
56.48%
Australia
16.81%
USA
13.69%
Other
13.02%
Sectors
NLR
Energy
42.29%
Utilities
28.82%
Industrials
23.77%
Other
5.12%
URNM
Energy
77.17%
Non-Corporate
13.63%
Industrials
7.96%
Other
1.24%
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Diversification
NLR
Total weight of top 15 holdings out of 15
81.93%
URNM
Total weight of top 15 holdings out of 15
92.29%
Top 15 holdings
Data as of August 31, 2026
NLR
Constellation Energy Corp.
8.67%
Cameco Corp.
7.99%
Public Service Enterprise Group, Inc.
6.18%
Fortum Oyj
5.79%
Uranium Energy Corp.
5.62%
Paladin Energy Ltd.
5.39%
NexGen Energy Ltd.
5.32%
BWX Technologies, Inc.
5.15%
Centrus Energy Corp.
5.12%
Denison Mines Corp.
5.11%
Energy Fuels, Inc.
4.57%
National Atomic Company Kazatomprom JSC
4.56%
CGN Power Co., Ltd.
4.30%
NuScale Power Corp.
4.27%
Oklo, Inc.
3.88%
URNM
Cameco Corp.
18.91%
Sprott Physical Uranium Trust
13.63%
NexGen Energy Ltd.
12.42%
Denison Mines Corp.
5.22%
Paladin Energy Ltd.
4.95%
Deep Yellow Ltd.
4.91%
National Atomic Company Kazatomprom JSC
4.84%
Energy Fuels, Inc.
4.55%
Uranium Energy Corp.
4.50%
CGN Mining Co. Ltd.
4.01%
Yellow Cake Plc
3.95%
Bannerman Energy Ltd.
3.22%
Ur-Energy, Inc.
2.76%
IsoEnergy Ltd.
2.30%
Boss Energy Ltd.
2.13%
Frequently asked questions about NLR and URNM
How have the NLR and URNM ETFs performed in 2026?
As of October 23, 2026, NLR is down -26.93% year-to-date (YTD), while URNM has lost -23.93%. That puts URNM better performer ahead so far this year.
Which ETF is attracting more investor money: NLR or URNM?
Year-to-date, the NLR ETF saw +$768M in flows, compared to +$479M for URNM.
Which ETF is more volatile: NLR or URNM?
Over the past year, NLR had a volatility of 38.67%, while URNM experienced 43.52%.
Which ETF is bigger: NLR or URNM?
As of October 23, 2026, NLR holds $3.05 B in assets under management (AUM), while URNM manages $1.65 B.
What sectors do the NLR and URNM ETFs invest in?
NLR leans toward sectors like Energy, Utilities and Industrials. Meanwhile, URNM focuses on Energy, Non-Corporate and Industrials.
What are the top holdings of the NLR ETF and URNM ETF?
NLR top holdings include Constellation Energy Corp., Cameco Corp. and Public Service Enterprise Group, Inc.. URNM holds in its top three: Cameco Corp., Sprott Physical Uranium Trust and NexGen Energy Ltd..
Which ETF is more diversified: NLR or URNM?
NLR holds 25 securities with 81.93% of its assets in the top 15. URNM has 25 securities and a top 15 weight of 92.29%.
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