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VanEck Uranium + Nuclear Energy ETF

NLR
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Aug 13 2007
Expense Ratio
0.61%
Type
Global Equities
Fund Owner
Van Eck Associates Corporation
Volume (1m avg. daily)
$2,305,337
AUM
$108,160,901
Associated Index
MVIS Global Uranium & Nuclear Energy Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
Yes
Prospectus

Top 10 Holdings

CEG
Constellation Energy Corporation
7.78%
PEG
Public Service Enterprise Group Inc.
7.68%
PCG
PG&E Corp.
6.85%
CCJ
Cameco Corp.
6.63%
CEZ
Cez, A.S.
5.87%
ELE
Endesa S.A. - Registered Shares
5.40%
KAP
Nac Kazatomprom Jsc
4.97%
UEC
Uranium Energy Corp
4.75%
DNN
Denison Mines Corp
4.73%
NXE
NexGen Energy Ltd
4.70%
Invest with NLR

What is NLR?

The Nuclear Energy ETF seeks to replicate as closely as possible before fees and expenses the price and yield performance of the MVIS Global Uranium & Nuclear Energy Index.

ETFs related toNLR

ETFs correlated to NLR include URNJ, URA, URNM

NLR
VanEck ETF Trust - VanEck Uranium Nuclear Energy ETF
URNJ
Sprott Funds Trust. - Sprott Junior Uranium Miners ETF
URA
Global X Funds - Global X Uranium ETF
URNM
Sprott Funds Trust. - Sprott Uranium Miners ETF
EWC
BlackRock Institutional Trust Company N.A. - iShares MSCI Canada ETF
BBCA
J.P. Morgan Exchange-Traded Fund Trust - JPMorgan BetaBuilders Canada ETF
PID
Invesco Capital Management LLC - Invesco International Dividend Achievers ETF
GII
SSgA Active Trust - SPDR S&P Global Infrastructure ETF
VT
Vanguard Group, Inc. - Vanguard Total World Stock ETF
SCHC
Schwab Strategic Trust - Schwab International Small-Cap Equity ETF
IGF
BlackRock Institutional Trust Company N.A. - iShares Global Infrastructure ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toNLR

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

#OPUS-12

Opus-12

Category

Opus, Investing for the Long-Term

Risk Rating

Moderate

Create your own algorithmic trading strategy with NLR using Composer

FAQ

NLR is a Global Equities ETF. The Nuclear Energy ETF seeks to replicate as closely as possible before fees and expenses the price and yield performance of the MVIS Global Uranium & Nuclear Energy Index.

NLR tracks the MVIS Global Uranium & Nuclear Energy Index.

No, NLR is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, NLR is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on NLR is 0.16%. This is the percent change in the value of NLR over the most recent 1-month period. The 3-month return on NLR is 0.2552%. This is the percent change in the value of NLR over the most recent 3-month period.

The standard deviation of NLR for the past year is 0.209%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to NLR include PBW, ARKK, and EFG.

ETFs correlated to NLR include URNJ, URA, and URNM.

ETFs that are inversely correlated to NLR include SPXU, SDS, and SH.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.