VanEck Uranium and Nuclear ETF
ETF
NLR
Price as of:
$90.09
- $0.89
- 0.98%
Primary Theme
fund company
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
25.6%
1 yr return
32.0%
3 Yr Avg Return
20.1%
5 Yr Avg Return
15.9%
Net Assets
$148 M
Holdings in Top 10
62.1%
52 WEEK LOW AND HIGH
$91.0
$69.50
$96.67
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 25.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/01/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
NLR - Profile
Distributions
- YTD Total Return 25.6%
- 3 Yr Annualized Total Return 20.1%
- 5 Yr Annualized Total Return 15.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.70%
- Dividend Yield 3.6%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVanEck Uranium and Nuclear ETF
-
Fund Family NameVANECKFUND
-
Inception DateAug 15, 2007
-
Shares Outstanding866632
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPeter Liao
Fund Description
The Fund normally invests at least 80% of its total assets in securities that comprise the Fund’s benchmark index. The Nuclear Energy Index includes equity securities and depositary receipts issued by companies involved in uranium and nuclear energy. To be initially eligible for the Nuclear Energy Index, companies must generate at least 50% of their revenues from (i) uranium mining or uranium mining projects that have the potential to generate at least 50% of a company’s revenues from uranium when developed (ii) the construction, engineering and maintenance of nuclear power facilities and nuclear reactors; (iii) the production of electricity from nuclear sources; or (iv) equipment and technology or services to the nuclear power industry. Such companies may include medium-capitalization companies and foreign issuers. As of December 31, 2023, the Nuclear Energy Index included 25 securities of companies with a market capitalization range of between approximately $410 million and $38.5 billion and a weighted average market capitalization of $14 billion. These amounts are subject to change. The Fund’s 80% investment policy is non-fundamental and may be changed without shareholder approval upon 60 days’ prior written notice to shareholders.
The Fund, using a “passive” or indexing investment approach, attempts to approximate the investment performance of the Nuclear Energy Index by investing in a portfolio of securities that generally replicates the Nuclear Energy Index. Unlike many investment companies that try to “beat” the performance of a benchmark index, the Fund does not try to “beat” the Nuclear Energy Index and does not seek temporary defensive positions that are inconsistent with its investment objective of seeking to replicate the Nuclear Energy Index.
The Fund is classified as a non-diversified fund under the Investment Company Act of 1940, as amended (the “Investment Company Act of 1940”), and, therefore, may invest a greater percentage of its assets in a particular issuer. The Fund may concentrate its investments in a particular industry or group of industries to the extent that the Nuclear Energy Index concentrates in an industry or group of industries. As of December 31, 2023, the energy, industrials and utilities sectors represented a significant portion of the Fund.
NLR - Performance
Return Ranking - Trailing
| Period | NLR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.6% | -31.3% | 100.1% | 14.71% |
| 1 Yr | 32.0% | -16.7% | 115.9% | 26.47% |
| 3 Yr | 20.1%* | -38.4% | 20.8% | 2.94% |
| 5 Yr | 15.9%* | -24.3% | 23.1% | 15.63% |
| 10 Yr | 8.8%* | -2.0% | 15.0% | 29.41% |
* Annualized
Return Ranking - Calendar
| Period | NLR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 30.7% | -34.8% | 38.7% | 5.88% |
| 2022 | 0.2% | -72.7% | 8.2% | 11.76% |
| 2021 | 11.4% | -31.7% | 27.4% | 36.36% |
| 2020 | 1.2% | -29.0% | 233.6% | 78.13% |
| 2019 | -2.0% | -2.0% | 66.0% | 100.00% |
Total Return Ranking - Trailing
| Period | NLR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 25.6% | -31.3% | 100.1% | 14.71% |
| 1 Yr | 32.0% | -16.7% | 115.9% | 26.47% |
| 3 Yr | 20.1%* | -38.4% | 20.8% | 2.94% |
| 5 Yr | 15.9%* | -24.3% | 23.1% | 15.63% |
| 10 Yr | 8.8%* | -2.0% | 15.0% | 29.41% |
* Annualized
Total Return Ranking - Calendar
| Period | NLR Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 36.6% | -33.0% | 39.0% | 5.88% |
| 2022 | 2.3% | -72.7% | 8.2% | 5.88% |
| 2021 | 13.6% | -31.7% | 28.3% | 36.36% |
| 2020 | 3.5% | -28.9% | 233.9% | 87.50% |
| 2019 | 0.4% | 0.4% | 66.5% | 100.00% |
NLR - Holdings
Concentration Analysis
| NLR | Category Low | Category High | NLR % Rank | |
|---|---|---|---|---|
| Net Assets | 148 M | 3.65 M | 31.2 B | 73.53% |
| Number of Holdings | 26 | 20 | 389 | 88.24% |
| Net Assets in Top 10 | 138 M | 2.31 M | 5.86 B | 55.88% |
| Weighting of Top 10 | 62.13% | 11.2% | 90.4% | 38.24% |
Top 10 Holdings
- Public Service Enterprise Group Inc 8.21%
- State Street Navigator Securities Lending Government Money Market Portfolio 8.03%
- Constellation Energy Corp 7.48%
- Cameco Corp 6.68%
- PGE Corp 6.37%
- Fortum Oyj 5.79%
- CEZ AS 5.09%
- BWX Technologies Inc 4.85%
- CGN Power Co Ltd 4.84%
- Endesa SA 4.80%
Asset Allocation
| Weighting | Return Low | Return High | NLR % Rank | |
|---|---|---|---|---|
| Stocks | 99.78% | 0.00% | 101.10% | 20.59% |
| Cash | 8.03% | 0.00% | 99.38% | 50.00% |
| Preferred Stocks | 0.00% | 0.00% | 45.05% | 32.35% |
| Other | 0.00% | -7.62% | 91.95% | 50.00% |
| Convertible Bonds | 0.00% | 0.00% | 3.05% | 30.30% |
| Bonds | 0.00% | 0.00% | 97.85% | 26.47% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | NLR % Rank | |
|---|---|---|---|---|
| Utilities | 85.14% | 0.00% | 85.14% | 4.00% |
| Energy | 12.90% | 0.00% | 32.10% | 16.00% |
| Industrials | 1.97% | 0.00% | 90.47% | 76.00% |
| Technology | 0.00% | 0.00% | 72.56% | 84.00% |
| Real Estate | 0.00% | 0.00% | 16.54% | 48.00% |
| Healthcare | 0.00% | 0.00% | 65.82% | 40.00% |
| Financial Services | 0.00% | 0.00% | 95.51% | 44.00% |
| Communication Services | 0.00% | 0.00% | 16.38% | 28.00% |
| Consumer Defense | 0.00% | 0.00% | 50.44% | 32.00% |
| Consumer Cyclical | 0.00% | 0.00% | 34.19% | 84.00% |
| Basic Materials | 0.00% | 0.00% | 17.92% | 76.00% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | NLR % Rank | |
|---|---|---|---|---|
| US | 60.02% | 0.00% | 101.10% | 32.35% |
| Non US | 39.77% | 0.00% | 82.82% | 20.59% |
NLR - Expenses
Operational Fees
| NLR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.64% | 0.41% | 5.61% | 70.59% |
| Management Fee | 0.50% | 0.25% | 1.90% | 23.53% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.03% | 0.19% | N/A |
Sales Fees
| NLR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 4.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| NLR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| NLR Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 25.00% | 0.00% | 124.00% | 40.91% |
NLR - Distributions
Dividend Yield Analysis
| NLR | Category Low | Category High | NLR % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.58% | 0.00% | 12.45% | 14.71% |
Dividend Distribution Analysis
| NLR | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| NLR | Category Low | Category High | NLR % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.70% | -2.66% | 5.19% | 20.59% |
Capital Gain Distribution Analysis
| NLR | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 18, 2023 | $3.258 | OrdinaryDividend |
| Dec 19, 2022 | $1.109 | OrdinaryDividend |
| Dec 20, 2021 | $1.091 | OrdinaryDividend |
| Dec 21, 2020 | $1.096 | OrdinaryDividend |
| Dec 23, 2019 | $1.179 | OrdinaryDividend |
| Dec 20, 2018 | $1.936 | OrdinaryDividend |
| Dec 18, 2017 | $2.382 | OrdinaryDividend |
| Dec 19, 2016 | $1.719 | OrdinaryDividend |
| Dec 21, 2015 | $1.486 | OrdinaryDividend |
| Dec 22, 2014 | $1.273 | OrdinaryDividend |
| Dec 23, 2013 | $0.333 | OrdinaryDividend |
| Dec 24, 2012 | $1.896 | OrdinaryDividend |
| Dec 23, 2011 | $5.796 | OrdinaryDividend |
| Dec 23, 2010 | $3.192 | OrdinaryDividend |
| Dec 23, 2009 | $1.254 | OrdinaryDividend |
| Dec 24, 2007 | $5.835 | OrdinaryDividend |
NLR - Fund Manager Analysis
Managers
Peter Liao
Start Date
Tenure
Tenure Rank
Aug 13, 2007
14.81
14.8%
Mr. Liao has been employed by Van Eck Associates Corporation as an analyst since the summer of 2004 and has been a portfolio manager since 2006. Mr. Liao graduated from New York University in 2004 with a Bachelor of Arts in Economics and Mathematics. He is a CFA charterholder.
Guo Hua (Jason) Jin
Start Date
Tenure
Tenure Rank
Mar 12, 2018
4.22
4.2%
Guo Hua (Jason) Jin has been employed by Van Eck Associates Corporation as an analyst since January 2007 and has been a portfolio manager since 2018. Mr. Jin graduated from the State University of New York at Buffalo in 2004 with a Bachelor of Science degree in Business Administration with a concentration in Financial Analysis.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 1.25 | 23.1 | 9.26 | 1.25 |