TANvsNLRETF Comparison
VS
Invesco Solar ETF (TAN) and VanEck Uranium+Nuclear Energy ETF (NLR) belong to the same industry segment: Alternative Energy. TAN's top 3 sector exposures are Industrials, Utilities and Technology. In contrast, NLR's top sector exposures are Energy, Utilities and Industrials. TAN is more expensive with a Total Expense Ratio (TER) of 0.7%, versus 0.52% for NLR. TAN is down -6.82% year-to-date (YTD) with +$89M in YTD flows. NLR performs worse with -12.37% YTD performance, and +$852M in YTD flows. Run a side-by-side ETF comparison of TAN and NLR below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
TAN vs NLR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | TAN NLR | -8.30%-5.49% | -24.19%-14.92% | -6.82%-12.37% | +6.82%-14.42% | -15.15%+65.25% | -43.12%+127.43% |
| Flows | TAN NLR | -$270M-$67M | -$483M-$233M | +$89M+$852M | +$220M+$1.98B | -$113M+$3.95B | -$591M+$4.00B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | TAN NLR | +34.72%+37.06% | +35.13%+39.38% | +36.25%+32.70% | +36.27%+27.74% |
| Max drawdown | TAN NLR | -26.79%-19.34% | -39.29%-36.67% | -51.70%-36.67% | -73.61%-36.67% |
| Max drawdown duration | TAN NLR | 88d89d | 110d233d | 856d233d | 1782d233d |
Trading data
TAN | NLR | |
Last sale 9/18/2026 at 1:30 PM | $45.66 | $107.69 |
| Previous close 09/17/2026 | $46.36 | $110.57 |
| Consolidated volume 09/17/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
TAN | NLR | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/18/2026 at 1:30 PM
Live
Closed
TAN | NLR | |
|---|---|---|
| Last price | $45.66 | $107.69 |
| 1D performance | -1.51% | -2.60% |
| AuM | $938.44 M | $3.74 B |
| E/R | 0.7% | 0.52% |
Advertisement
Exposure
Countries
TAN
USA
44.51%
Israel
22.15%
China
8.15%
Other
25.19%
NLR
USA
51.08%
Canada
18.8%
Australia
7.41%
Other
22.71%
Sectors
TAN
Industrials
44.91%
Utilities
34.17%
Technology
10.53%
Other
10.38%
NLR
Energy
39.26%
Utilities
31.2%
Industrials
23.85%
Other
5.69%
Diversification
TAN
Total weight of top 15 holdings out of 15
73.02%
NLR
Total weight of top 15 holdings out of 15
83.33%
Top 15 holdings
Data as of July 31, 2026
TAN
Nextpower, Inc.
9.93%
First Solar, Inc.
9.73%
Enlight Renewable Energy Ltd.
7.54%
Enphase Energy, Inc.
6.29%
Doral Group Renewable Energy Resources Ltd.
4.59%
HA Sustainable Infrastructure Capital, Inc.
4.39%
SolarEdge Technologies, Inc.
4.24%
Sunrun, Inc.
4.18%
Clearway Energy, Inc.
3.54%
GCL Technology Holdings Ltd.
3.50%
OY Nofar Energy Ltd.
3.37%
Solaria Energía y Medio Ambiente SA
3.16%
Xinyi Solar Holdings Ltd.
2.95%
Shoals Technologies Group, Inc.
2.90%
SMA Solar Technology AG
2.69%
NLR
Constellation Energy Corp.
9.13%
Cameco Corp.
7.79%
Public Service Enterprise Group, Inc.
7.24%
BWX Technologies, Inc.
6.17%
Fortum Oyj
5.91%
Centrus Energy Corp.
5.69%
NexGen Energy Ltd.
5.27%
Uranium Energy Corp.
4.88%
Denison Mines Corp.
4.87%
Paladin Energy Ltd.
4.61%
CGN Power Co., Ltd.
4.53%
National Atomic Company Kazatomprom JSC
4.45%
Oklo, Inc.
4.39%
NuScale Power Corp.
4.37%
Energy Fuels, Inc.
4.04%
Frequently asked questions about TAN and NLR
How have the TAN and NLR ETFs performed in 2026?
As of September 18, 2026, TAN is down -6.82% year-to-date (YTD), while NLR has lost -12.37%. That puts TAN better performer ahead so far this year.
Which ETF is attracting more investor money: TAN or NLR?
Year-to-date, the TAN ETF saw +$89M in flows, compared to +$852M for NLR.
Which ETF is more volatile: TAN or NLR?
Over the past year, TAN had a volatility of 35.13%, while NLR experienced 39.38%.
Which ETF is bigger: TAN or NLR?
As of September 18, 2026, TAN holds $938.44 M in assets under management (AUM), while NLR manages $3.74 B.
What sectors do the TAN and NLR ETFs invest in?
TAN leans toward sectors like Industrials, Utilities and Technology. Meanwhile, NLR focuses on Energy, Utilities and Industrials.
What are the top holdings of the TAN ETF and NLR ETF?
TAN top holdings include Nextpower, Inc., First Solar, Inc. and Enlight Renewable Energy Ltd.. NLR holds in its top three: Constellation Energy Corp., Cameco Corp. and Public Service Enterprise Group, Inc..
Which ETF is more diversified: TAN or NLR?
TAN holds 35 securities with 73.02% of its assets in the top 15. NLR has 25 securities and a top 15 weight of 83.33%.
Advertisement
Latest news about TAN & NLR
ETF Comparison: Sprott Uranium Miners ETF (URNM) Versus VanEck Uranium + Nuclear Energy ETF (NLR)
December 17, 2025
NLR
3 Thematic ETF Segments to Watch in 2025
February 4, 2025
NLR
Advertisement
Donald Trump’s Executive Orders: ETF Bulls and Bears
January 24, 2025
NLR
Donald Trump’s Executive Orders: ETF Bulls and Bears
January 24, 2025
NLR
The Trump Trade: Which ETFs Stand to Lose Most from a Second Donald Trump Presidency?
August 14, 2024
TAN
There's an ETF for that? The 3 Best ETFs for Investing in Uranium
January 11, 2024
NLR
Advertisement
