NLR
VanEck Uranium and Nuclear ETF
📎 Investment Objective
The NLR ETF seeks to track the performance of the MVIS Global Uranium & Nuclear Energy Index, which is designed to provide exposure to companies involved in the uranium and nuclear energy industry.
Overview
ETF tracking VanEck Uranium and Nuclear ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The NLR ETF seeks to track the performance of the MVIS Global Uranium & Nuclear Energy Index, which is designed to provide exposure to companies involved in the uranium and nuclear energy industry.
🎯 Investment Strategy
The fund invests in a portfolio of companies that are engaged in activities related to uranium mining, enrichment, fabrication, and nuclear power generation. The fund aims to replicate the performance of the underlying index by holding the same securities in similar weightings.
✨ Key Features
- Provides exposure to the global uranium and nuclear energy industry
- Diversified portfolio of companies across the nuclear energy value chain
- Passively managed to track the performance of the MVIS Global Uranium & Nuclear Energy Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Concentration risk as the fund is focused on a specific industry sector
- Volatility risk as the uranium and nuclear energy industry can be subject to significant price swings
- Regulatory risk as the industry is heavily influenced by government policies and regulations
- Geopolitical risk as the supply and demand dynamics of uranium can be affected by global events
👤 Best For
This ETF may be suitable for investors seeking exposure to the uranium and nuclear energy industry as part of a diversified portfolio. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the potential volatility of this sector.