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NLR
VanEck Uranium and Nuclear ETF

NLR
VanEck Uranium and Nuclear ETF

  • NAV
    $92.31

    as of December 05, 2024
  • YTD RETURNS
    29.14%

    as of December 05, 2024
  • Total Net Assets
    $772.36M

    as of December 05, 2024
  • Gross Expense Ratio
    0.64%
  • Net Expense Ratio
    0.61%
  • Inception Date
    08/13/2007

Fund Description

VanEck Uranium and Nuclear ETF (NLR®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS®Global Uranium & Nuclear Energy Index (MVNLRTR), which is intended to track the overall performance of companies involved in: (i) uranium mining or uranium mining projects that have the potential, in MarketVector Indexes GmbH's (the "Index Provider") view, when such projects are developed are expected to generate at least 50% of a company's revenues or are expected to constitute at least 50% of such company's assets; (ii) the construction, engineering and maintenance of nuclear power facilities and nuclear reactors; (iii) the production of electricity from nuclear sources; or (iv) providing equipment, technology and/or services to the nuclear power industry.

Overview

Fund Highlights

  • Comprehensive exposure including utilities, uranium miners, and service providers

  • Reliable and low carbon-emissions power source that can meet rising electricity demand

  • Renewed policy support from the U.S., France, Japan, and China, among others

Performance

Fees

Holdings

Portfolio

Distributions

Team

Literature

NLR