URNMvsNLRETF Comparison
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Sprott Uranium Miners ETF (URNM) and VanEck Uranium+Nuclear Energy ETF (NLR) belong to the same industry segment: Alternative Energy. URNM's top 3 sector exposures are Energy, Non-Corporate and Industrials. In contrast, NLR's top sector exposures are Energy, Utilities and Industrials. URNM is more expensive with a Total Expense Ratio (TER) of 0.75%, versus 0.52% for NLR. URNM is down -23.93% year-to-date (YTD) with +$479M in YTD flows. NLR performs worse with -26.93% YTD performance, and +$768M in YTD flows. Run a side-by-side ETF comparison of URNM 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.
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URNM vs NLR performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 10/22/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | URNM NLR | -20.31%-16.88% | -17.78%-19.05% | -23.93%-26.93% | -24.75%-35.41% | +4.81%+44.05% | +4.04%+78.93% |
| Flows | URNM NLR | +$61M-$84M | +$166M-$221M | +$479M+$768M | +$467M+$1.13B | +$514M+$3.85B | +$1.02B+$3.92B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | URNM NLR | +38.56%+37.31% | +43.52%+38.67% | +37.40%+33.05% | +39.26%+28.09% |
| Max drawdown | URNM NLR | -31.48%-27.90% | -49.29%-44.30% | -50.18%-44.30% | -50.18%-44.30% |
| Max drawdown duration | URNM NLR | 57d57d | 267d268d | 485d268d | 485d268d |
Trading data
URNM | NLR | |
Last sale 10/23/2026 at 1:30 PM | $41.79 | $90.38 |
| Previous close 10/22/2026 | $41.54 | $90.84 |
| 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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URNM | NLR | |
|---|---|---|
| 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
URNM | NLR | |
|---|---|---|
| Last price | $41.79 | $90.38 |
| 1D performance | +0.60% | -0.51% |
| AuM | $1.65 B | $3.05 B |
| E/R | 0.75% | 0.52% |
Characteristics
URNM | NLR | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Sprott ETFs | VanEck |
| Benchmark | North Shore Global Uranium Mining Index | MVIS Global Uranium & Nuclear Energy Index |
| N° of holdings | 25 | 25 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | November 29, 2019 | August 13, 2007 |
| ESG | No | No |
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Exposure
Countries
URNM
Canada
56.48%
Australia
16.81%
USA
13.69%
Other
13.02%
NLR
USA
48.42%
Canada
19.33%
Australia
8.86%
Other
23.38%
Sectors
URNM
Energy
77.17%
Non-Corporate
13.63%
Industrials
7.96%
Other
1.24%
NLR
Energy
42.29%
Utilities
28.82%
Industrials
23.77%
Other
5.12%
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Diversification
URNM
Total weight of top 15 holdings out of 15
92.29%
NLR
Total weight of top 15 holdings out of 15
81.93%
Top 15 holdings
Data as of August 31, 2026
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%
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%
Frequently asked questions about URNM and NLR
How have the URNM and NLR ETFs performed in 2026?
As of October 22, 2026, URNM is down -23.93% year-to-date (YTD), while NLR has lost -26.93%. That puts URNM better performer ahead so far this year.
Which ETF is attracting more investor money: URNM or NLR?
Year-to-date, the URNM ETF saw +$479M in flows, compared to +$768M for NLR.
Which ETF is more volatile: URNM or NLR?
Over the past year, URNM had a volatility of 43.52%, while NLR experienced 38.67%.
Which ETF is bigger: URNM or NLR?
As of October 22, 2026, URNM holds $1.65 B in assets under management (AUM), while NLR manages $3.05 B.
What sectors do the URNM and NLR ETFs invest in?
URNM leans toward sectors like Energy, Non-Corporate and Industrials. Meanwhile, NLR focuses on Energy, Utilities and Industrials.
What are the top holdings of the URNM ETF and NLR ETF?
URNM top holdings include Cameco Corp., Sprott Physical Uranium Trust and NexGen Energy Ltd.. NLR holds in its top three: Constellation Energy Corp., Cameco Corp. and Public Service Enterprise Group, Inc..
Which ETF is more diversified: URNM or NLR?
URNM holds 25 securities with 92.29% of its assets in the top 15. NLR has 25 securities and a top 15 weight of 81.93%.
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