NLR
VanEck Uranium and Nuclear ETF

VanEck Uranium and Nuclear ETFNLR

111.95USD
+1.10%
Sep 23, 2026
NLR overview ready
Diversified Nuclear Equity Basket Supporting Domestic Enrichment and HALEU Supply
NLR is a diversified, liquid listed equity-basket vehicle for the nuclear value chain rather than an operating fuel-cycle business.
Strong narrative exposure
Exposed to the Nuclear Fuel Cycle Rebuild narrative through Domestic Enrichment and HALEU Supply — indirect exposure.
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Valuation not measured
Fundamentals not measured
Primary risk
Volatility in uranium commodity prices.
Market Sep 22Price action Sep 22Research Jul 21

Conviction Level

NarrativeHeat7.0ThemeHeat7.5PriceAction3.4Valuation—CompanyPosition7.3
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Avg Volume (60D)
356.1K
60 sessions
Distance from 200DMA
-13.9%
P/E
20.2x
Provider figure at the stated date
Market metrics as of Sep 6, 2026

Fundamentals & Valuation

Valuation unavailable for VanEck Uranium and Nuclear ETF: sufficient reliable data is not currently available — no income statement or balance sheet exists for this security from any source — it is not a company.

Company Research

Thesis
NLR is a diversified, liquid listed equity-basket vehicle for the nuclear value chain rather than an operating fuel-cycle business.
Opportunity
Moderate opportunity
Government-supported rebuilding of domestic low-enriched uranium and high-assay low-enriched uranium capacity to reduce foreign fuel dependence, sustain the current reactor fleet, and enable advanced-reactor deployment.
Key risk
Volatility in uranium commodity prices.

Narrative & Theme

Nuclear Fuel Cycle Rebuild
Part of Domestic Enrichment and HALEU Supply, with moderate fit.
NLR has genuine exposure to the Nuclear Fuel Cycle Rebuild narrative because its benchmark includes uranium miners, nuclear-facility and reactor-service companies, nuclear generators, and nuclear-industry equipment and technology providers.
Narrative HeatHeating up7.0 / 10
Theme HeatHeating up7.5 / 10

Business & Markets

What they do

VanEck Uranium and Nuclear ETF invests primarily in equity securities and depositary receipts of companies involved in uranium and nuclear energy, tracking a benchmark index representing this sector.

How it earns

The fund generates revenue through management fees charged to investors based on assets under management.

Products & services
Exchange-traded fund (ETF) focused on uranium and nuclear energy equities
Customers & end markets
Retail investors
Institutional investors
Market position

Niche ETF focused on uranium and nuclear energy sector investments.

Demand drivers
High cyclicality

Performance is closely tied to the uranium and nuclear energy markets, which are subject to commodity price cycles and energy sector dynamics.