Industry Distribution:

1. Energy Generation: approx. 60%
2. Mining and Resources: approx. 25%
3. Industry and Technology: approx. 15%

TOP 3 Markets:

1. USA: approx. 45%
2. Canada: approx. 30%
3. Australia: approx. 15%

The VanEck Uranium and Nuclear ETF mainly invests in companies operating in the uranium mining and nuclear energy generation sector. The largest market share comes from the USA, as numerous companies in the nuclear technology and infrastructure sector are based there. Canada and Australia follow, as both countries are significant uranium producers and have extensive natural resources.

Production: Not applicable

The VanEck Uranium and Nuclear ETF (ARCA:NLR) is an exchange-traded fund (ETF) and not a company that produces physical products. The ETF invests in stocks of companies operating in the uranium mining and nuclear energy sector. Therefore, the ETF itself does not produce any products, but offers investors the opportunity to invest in a diversified basket of stocks from the uranium and nuclear industry.

Fund Size: $1.2 billion USD (2025, estimated)
Annual Sector Growth: 8% (2024, estimated)

The VanEck Uranium and Nuclear ETF pursues a strategy aimed at the growth potential of the uranium and nuclear sector. Given global efforts to reduce CO2 emissions and decrease reliance on fossil fuels, the ETF is positioned to benefit from the increasing demand for clean energy.

The fund invests in companies involved in uranium mining, processing, and distribution, as well as companies developing technologies for nuclear energy. This strategy is supported by the growing acceptance of nuclear energy as a sustainable energy source, especially in countries modernizing or expanding their energy infrastructure.

Additionally, the ETF focuses on sector diversification to minimize risks and capitalize on various growth opportunities. The strategy also involves identifying companies that could benefit from technological advancements and regulatory changes.

Main commodity: Uranium

Main importing countries:

• Kazakhstan
• Canada
• Australia
• Namibia

The VanEck Uranium and Nuclear ETF (ARCA:NLR) primarily invests in companies operating in the uranium mining and nuclear energy sector. The primary commodity needed by these companies is uranium.

Kazakhstan is the world's largest producer of uranium and a significant exporter, followed by Canada and Australia. Namibia is also an important supplier. These countries are known for their extensive uranium reserves and play a crucial role in supplying the global nuclear industry.

The import of these commodities is crucial for the companies in the ETF to meet the demand for nuclear energy and maintain production.

Current price of the ETF: $45.30 (2025)

The VanEck Uranium and Nuclear ETF (ARCA:NLR) provides investors with access to companies operating in the uranium mining and nuclear energy sector. The competitive advantage of this ETF lies in its broad diversification within the nuclear and uranium industry, allowing investors to benefit from a wide range of companies active in this specialized sector.

Another advantage is the increasing demand for clean energy, in which nuclear energy plays a significant role. This could favor the ETF in the coming years as governments worldwide adjust their energy policies to reduce CO2 emissions.

Additionally, the ETF offers an opportunity to invest in a sector that can benefit from geopolitical developments and government support, making it an attractive option for investors interested in long-term trends in the energy industry.

Institutional Investor Share: 65% (estimated, 2025)

Insider Buys/Sells: No significant insider transactions reported (2025)

The VanEck Uranium and Nuclear ETF has a high proportion of institutional investors, indicating the interest of large investment funds and institutional investors in the uranium and nuclear industry. These investors often seek long-term growth opportunities and stable returns in specialized sectors.

Insider transactions are less relevant for ETFs as they typically do not represent direct company shares, but rather shares in a basket of stocks. Therefore, in this case, there are no significant insider buys or sells to report.

Market share of VanEck Uranium and Nuclear ETF (ARCA:NLR): Estimate: approx. 5% (2025)

Top competitors and their market shares:

1. Global X Uranium ETF (URA): approx. 20%
2. Sprott Physical Uranium Trust (U.UN): approx. 15%
3. Horizons Global Uranium Index ETF (HURA): approx. 10%
4. North Shore Global Uranium Mining ETF (URNM): approx. 8%
5. VanEck Uranium and Nuclear ETF (NLR): approx. 5%
6. L&G Uranium ETF: approx. 4%
7. Yellow Cake plc: approx. 3%

The VanEck Uranium and Nuclear ETF (NLR) holds a market share of around 5%, making it a medium-sized player in the uranium and nuclear ETF sector. The largest competitor, the Global X Uranium ETF (URA), dominates with a market share of about 20%.

Compared to its competitors, VanEck NLR's economic moat is moderate. While VanEck has a strong brand and broad diversification in the ETF industry, some of the larger competitors like Global X and Sprott offer specific advantages. These include specialized investment strategies and a stronger focus on physical uranium holdings, potentially giving them a larger economic moat in terms of specialization and market access.

In summary, VanEck NLR holds a respectable market share, but its economic moat is less pronounced compared to the leading competitors. The competition offers specialized products that may better cater to the needs of investors in the uranium and nuclear sector.

Industry Growth: 6.2% CAGR (2023-2030, uranium and nuclear sector)

Energy Demand: Predicted increase of 50% by 2050 (IEA)

The VanEck Uranium and Nuclear ETF (ARCA:NLR) provides investors with access to companies in the uranium and nuclear sector, which has gained importance in recent years due to the global energy transition and the increasing demand for low-carbon energy sources.

The long-term growth prospects for the sector are positive as the demand for clean energy rises and many countries aim to reduce their dependence on fossil fuels. The International Energy Agency (IEA) predicts that global energy demand will increase by 50% by 2050, highlighting the importance of nuclear energy as a stable energy source.

Additionally, the uranium market is influenced by geopolitical developments and the emergence of new technologies, which can lead to increased volatility but also opportunities. Investments in this ETF could benefit from these trends, however, investors should keep an eye on the risks of volatility and regulatory changes.

Dividend Yield: 2.5% (estimated for 2025)

The VanEck Uranium and Nuclear ETF (ARCA:NLR) regularly pays dividends, with payouts having been relatively stable in the past. The dividend yield is approximately 2.5%, which can be considered moderate for a specialized ETF in the Uranium and Nuclear Energy sector.

The reliability of the payout depends on the underlying companies in the ETF that are active in the Uranium and Nuclear industry. This sector can be volatile, but the ETF has proven in the past that it is capable of providing stable payouts, benefiting from a diversified selection of companies.