AIRR vs NLR overlap - what they share and where they differ
AIRR and NLR share 3.0% of their weight across 1 common positions, read from what each fund reported to the SEC.
Each week Ploutos reads the reported positions of the largest US equity ETFs and measures, pair by pair, the weight they share: for every stock both funds hold, the smaller of the two weights counts. Two funds tracking the same index land near 100%. A sector fund inside a broad index fund lands at roughly that sector's weight.
AIRR and NLR
3.0%
1 shared positions
AIRR
First Trust RBA American Industrial Renaissance ETF
Reported positions cover 100% of the fund, 51 positions · Jun 30, 2026
Top 10: 41.3%·Holdings of AIRR
NLR
VanEck Uranium and Nuclear ETF
Reported positions cover 100% of the fund, 25 positions · Jun 30, 2026
Top 10: 61.1%·Holdings of NLR
Reported positions cover AIRR 100%, NLR 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.
NLR vs AIRR side by side
AIRRFirst Trust RBA American Industrial Renaissance ETF
51
stock positions reported to the SEC
97.0% of its weight is in 50 names NLR does not hold
NLRVanEck Uranium and Nuclear ETF
25
stock positions reported to the SEC
93.4% of its weight is in 24 names AIRR does not hold
Where each fund's weight sits
Largest sectors for both funds
The widest gap is Industrials: AIRR has 62.3 points more of it.
The figures side by side
| AIRR | NLR | |
|---|---|---|
| Filing date | Jun 30, 2026 | Jun 30, 2026 |
| Stock positions reported | 51 | 25 |
| Weight of the ten largest | 41.3% | 61.1% |
| Largest position | STRL 6.0% | CCJ 8.4% |
| Held alone | 50 positions, 97.0% | 24 positions, 93.4% |
| Covered by stock positions | 100% | 100% |
Holdings they share
| Stock | In AIRR | In NLR | Counted |
|---|---|---|---|
| BWXTBWX TECHNOLOGIES INC | 2.97% | 6.78% | 2.97% |
What each holds alone
The heaviest positions one fund reports and the other does not.
Only in AIRR
Only in NLR
Questions people ask
Is AIRR the same as NLR?
3.0% of their weight sits in the same 1 holdings. AIRR also reports STRL, AGX, FIX, which the other does not. NLR also reports CCJ, CEG, PEG, which the other does not.
How is the overlap between AIRR and NLR measured?
For every stock both funds report, the smaller of the two weights counts, and the sum is the overlap. The reported positions cover 100% of AIRR and 100% of NLR, so the number cannot exceed the smaller coverage.
Which holds more, NLR or AIRR?
AIRR reports 51 stock positions and NLR reports 25. 97.0% of AIRR's weight sits in names NLR does not hold, and 93.4% of NLR's weight in names AIRR does not hold. The ten largest positions are 41.3% of AIRR and 61.1% of NLR.
How do AIRR and NLR differ by sector?
The widest gap is Industrials: AIRR has 62.3 points more of it. Sectors come from each holding's SIC code in its SEC record, summed by the weight the fund reports.
Where do the numbers come from?
From each fund's own N-PORT filing to the SEC, which lists every position and its weight. The comparison uses every equity position the fund reports; cash, futures and bonds are not counted, which is why a coverage figure sits next to every result. Holdings change between filings.
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Descriptive data from public SEC filings. Nothing on this page is a recommendation to buy, sell or hold any fund or stock, and holdings change between filings.