NLR vs PAVE: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
PAVEGlobal X U.S. Infrastructure Development ETF
Global X · 100 holdings · $14.1B · as of 2026-05-31
Holdings snapshots are 61 days apart (NLR: 2026-03-31, PAVE: 2026-05-31). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are NLR and PAVE?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; Global X U.S. Infrastructure Development ETF (PAVE, by Global X) holds 100. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0NLR holds 25 · PAVE holds 100
- Weight in Shared Holdings
- NLR 0%·PAVE 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in NLR
25 of 25 positions (99.7% of the fund) are not held by PAVE.
Only in PAVE
100 of 100 positions (99.9% of the fund) are not held by NLR. Showing the top 30 by weight.
Sector Breakdown
| Sector | NLR | PAVE |
|---|---|---|
| Industrials | 14.6% | 75.1% |
| Energy | 43.6% | 0.0% |
| Utilities | 37.9% | 3.1% |
| Materials | 0.0% | 20.3% |
| Information Technology | 0.0% | 1.1% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 3.7% | 0.3% |
Share of each fund's portfolio weight by GICS-style sector, compiled from issuer fund data and our own classification of the holdings, not the issuers' published sector charts. “Unclassified” is weight we could not classify (4% of NLR, 0% of PAVE).
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| NLR | +6.4% | -5.1% | +1.2% | +27.4% | +20.4% | +12.2% | 2.69% |
| PAVE | +4.0% | +23.0% | +29.9% | +22.7% | +18.1% | — | 0.73% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in NLR vs PAVE →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do NLR and PAVE overlap?
NLR and PAVE overlap by 0.0% of portfolio weight. They share 0 holdings (NLR holds 25 positions and PAVE holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and PAVE?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does NLR own that PAVE doesn't?
25 positions (99.7% of NLR) are unique to NLR, led by CCJ, CEG and BWXT. In the other direction, 100 positions (99.9% of PAVE) are unique to PAVE.