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

NLR and XLU share 8.4% of their weight across 2 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 XLU

8.4%

2 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

XLU

State Street(R) Utilities Select Sector SPDR(R) ETF

Reported positions cover 100% of the fund, 31 positions · Jun 30, 2026

Top 10: 57.5%·Holdings of XLU

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

XLU vs NLR side by side

NLRVanEck Uranium and Nuclear ETF

25

stock positions reported to the SEC

85.0% of its weight is in 23 names XLU does not hold

XLUState Street(R) Utilities Select Sector SPDR(R) ETF

31

stock positions reported to the SEC

91.2% of its weight is in 29 names NLR does not hold

Where each fund's weight sits

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

Largest sectors for both funds

Utilities
22.3%
88.9%
Basic Materials
37.4%
0.0%
Technology
6.8%
0.0%
Energy
0.0%
2.0%

The widest gap is Utilities: XLU has 66.6 points more of it.

The figures side by side

NLRXLU
Filing dateJun 30, 2026Jun 30, 2026
Stock positions reported2531
Weight of the ten largest61.1%57.5%
Largest positionCCJ 8.4%NEE 12.9%
Held alone23 positions, 85.0%29 positions, 91.2%
Covered by stock positions100%100%

Holdings they share

StockIn NLRIn XLUCounted
CEGConstellation Energy Corp8.04%5.59%5.59%
PEGPublic Service Enterprise Group Inc7.09%2.85%2.85%

What each holds alone

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

Only in NLR

CCJCameco Corp8.41%
BWXTBWX Technologies Inc6.78%
FORTUM OYJ5.75%
OKLOOklo Inc5.22%
LEUCentrus Energy Corp5.05%
UECUranium Energy Corp4.99%
NXENexGen Energy Ltd4.97%
DNNDenison Mines Corp4.77%
SMRNuScale Power Corp4.76%
ENERGY FUELS INC/CANADA4.67%

Only in XLU

NEENextEra Energy Inc12.89%
SOSouthern Co/The7.60%
DUKDuke Energy Corp6.95%
AEPAmerican Electric Power Co Inc5.24%
SEMPRA4.27%
DDominion Energy Inc4.23%
ETREntergy Corp3.70%
VSTVistra Corp3.54%
XELXcel Energy Inc3.53%
EXCExelon Corp3.36%

Questions people ask

Is NLR the same as XLU?

8.4% of their weight sits in the same 2 holdings. NLR also reports CCJ, BWXT, FORTUM OYJ, which the other does not. XLU also reports NEE, SO, DUK, which the other does not.

How is the overlap between NLR and XLU 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 XLU, so the number cannot exceed the smaller coverage.

Which holds more, XLU or NLR?

NLR reports 25 stock positions and XLU reports 31. 85.0% of NLR's weight sits in names XLU does not hold, and 91.2% of XLU's weight in names NLR does not hold. The ten largest positions are 61.1% of NLR and 57.5% of XLU.

How do NLR and XLU differ by sector?

The widest gap is Utilities: XLU has 66.6 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.

Other pairs with these funds

XLU against other funds in the table

Add a third fund in the tool·All fund pairs

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.