VanEck Uranium + Nuclear Energy ETF

NLR

Market cap $4.43B

Reliable power, including nuclear, data-center efficiency, and grid capacity are now core drivers of returns from stocks outside of the tech sector benefitting from the AI boom as demand ramps. Investors are finding opportunity in small- and mid-cap companies that operate in concentrated markets with limited competition.

I reiterate a buy recommendation on uranium and nuclear energy ETFs, with NLR ETF favored for liquidity and lowest expense ratio. Meta's major nuclear energy contracts highlight accelerating demand for stable, clean power to support AI data centers, reinforcing the uranium investment thesis. NLR ETF now trades at 66x earnings, above its 45x historical average, but a potential target of 85x P/E implies a 28% upside.

Energy markets around the world have been shaken up by geopolitical volatility, most notably in Venezuela and Iran. However, there's much more to the story beyond just those two countries.

The VanEck Uranium and Nuclear ETF beat the market in 2025. The ETF could be poised to see more growth in 2026.

I am shifting uranium exposure from Global X Uranium ETF to VanEck Uranium and Nuclear ETF for better risk management. NLR offers distributed risk across miners, utilities, and tech, reducing idiosyncratic risk compared to URA's heavy concentration in a few names. Uranium demand is set to outpace supply through 2045, with long-term contracts locking in higher prices and supporting sector margins.

NEW YORK--(BUSINESS WIRE)--VanEck announced today the 2025 annual distributions per share for its VanEck equity exchange-traded funds.

CNBC's “Power Lunch” team discusses energy markets, Trump Media's merger with fusion company TAE Technologies and more with Tyler Rosenlicht, head of natural resource equities at Cohen & Steers.

I'd be a seller of the VanEck Uranium and Nuclear ETF, as I believe investor enthusiasm is running ahead of fundamentals for nuclear power. NLR's top holdings include several pre-revenue firms, exposing investors to heightened risk. Trump Media's announcement of a $6 billion deal for a nuclear fusion company gives a concrete example of the speculative juices in the nuclear sector today.

This year, I published a wide range of research notes across the ETF landscape, but reader interest consistently focused around a few big themes: crypto ETFs, global defense ETFs, and commodities ETFs. These areas of the ETF market not only drew meaningful year-to-date inflows.

Nuclear energy's resurgence supports a bullish outlook for Global X Uranium ETF and VanEck Uranium & Nuclear ETF. Both URA and NLR receive buy ratings, with URA offering greater diversification and NLR providing lower expenses and tracking error. Political shifts and AI-driven energy demand are driving renewed interest in nuclear power, making uranium ETFs attractive despite inherent risks.