Positive
Seeking Alpha
5 days ago
NUKZ: The Nuclear Renaissance Is Getting Pricey
Range Nuclear Renaissance Index ETF offers a diversified, global exposure to the nuclear power sector, benefiting from surging electricity demand and AI-driven base load needs. NUKZ's unique construction emphasizes industrials, utilities, and advanced reactor firms over miners, with 54% allocated to industrials and 44% international exposure. After a 91.5% gain since September 2024 and 61% over the past year, NUKZ feels overextended. Its top holdings, like GE Vernova and Cameco, have had scorching returns lately.