NLR vs URA overlap - what they share and where they differ

NLR and URA share 40.7% of their weight across 16 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.

NLR and URA

40.7%

16 shared positions

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

URA

Global X Uranium ETF

Reported positions cover 100% of the fund, 52 positions · Apr 30, 2026

Top 10: 66.1%·Holdings of URA

Reported positions cover NLR 100%, URA 100% of each fund. An overlap cannot exceed the smaller coverage, so a low figure can mean little overlap or thin reporting.

URA vs NLR side by side

NLRVanEck Uranium and Nuclear ETF

25

stock positions reported to the SEC

45.5% of its weight is in 9 names URA does not hold

URAGlobal X Uranium ETF

52

stock positions reported to the SEC

40.4% of its weight is in 36 names NLR does not hold

Where each fund's weight sits

NLR
URA
shared with the other fundheld alonenot covered by the filing (cash, futures, bonds)

Largest sectors for both funds

Basic Materials
37.4%
50.3%
Utilities
22.3%
8.1%
Technology
6.8%
0.0%
Financial Services
0.0%
5.2%
Real Estate
0.0%
4.8%

The widest gap is Utilities: NLR has 14.2 points more of it.

The figures side by side

NLRURA
Filing dateJun 30, 2026Apr 30, 2026
Stock positions reported2552
Weight of the ten largest61.1%66.1%
Largest positionCCJ 8.4%CCJ 23.1%
Held alone9 positions, 45.5%36 positions, 40.4%
Covered by stock positions100%100%

Holdings they share

StockIn NLRIn URACounted
CCJCameco Corp8.41%23.13%8.41%
OKLOOklo Inc5.22%7.31%5.22%
UECUranium Energy Corp4.99%5.79%4.99%
NXENexGen Energy Ltd4.97%6.27%4.97%
PALADIN ENERGY LTD4.35%3.09%3.09%
LEUCentrus Energy Corp5.05%3.00%3.00%
DNNDenison Mines Corp4.77%2.87%2.87%
YELLOW CAKE PLC2.79%1.67%1.67%
SMRNuScale Power Corp4.76%1.61%1.61%
CGN MINING CO LTD2.32%1.11%1.11%

What each holds alone

The heaviest positions one fund reports and the other does not.

Only in NLR

CEGConstellation Energy Corp8.04%
PEGPublic Service Enterprise Group Inc7.09%
BWXTBWX Technologies Inc6.78%
FORTUM OYJ5.75%
ENERGY FUELS INC/CANADA4.67%
NAC KAZATOMPROM JSC4.38%
CGN POWER CO LTD3.90%
KEPCO ENGINEERING & CONSTRUCTION CO INC2.49%
XEX-Energy Inc2.39%

Only in URA

JYNTJoint stock company National atomic company Kazatomprom4.81%
SIISprott Physical Uranium Trust4.33%
UUUUENERGY FUELS INCORPORATED4.24%
DAEWOO ENGINEERING & CONSTRUCTION CO., LTD.4.06%
HYUNDAI ENGINEERING & CONSTRUCTION CO.,LTD3.04%
DOOSAN ENERBILITY CO., LTD.2.66%
BHPBHP GROUP LIMITED2.21%
KEPCO ENGINEERING & CONSTRUCTION COMPANY, INC1.99%
SAMSUNG C&T CORPORATION1.96%
AECON GROUP INC.1.91%

Questions people ask

Is NLR the same as URA?

40.7% of their weight sits in the same 16 holdings. NLR also reports CEG, PEG, BWXT, which the other does not. URA also reports JYNT, SII, UUUU, which the other does not.

How is the overlap between NLR and URA 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 NLR and 100% of URA, so the number cannot exceed the smaller coverage.

Which holds more, URA or NLR?

NLR reports 25 stock positions and URA reports 52. 45.5% of NLR's weight sits in names URA does not hold, and 40.4% of URA's weight in names NLR does not hold. The ten largest positions are 61.1% of NLR and 66.1% of URA.

How do NLR and URA differ by sector?

The widest gap is Utilities: NLR has 14.2 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.