NLR vs SPHQ: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
SPHQInvesco S&P 500 Quality ETF
Invesco · 99 holdings · $20.0B · as of 2026-04-30
Holdings snapshots are 30 days apart (NLR: 2026-03-31, SPHQ: 2026-04-30). 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 SPHQ?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; Invesco S&P 500 Quality ETF (SPHQ, by Invesco) holds 99. They have 1 holdings in common, and by portfolio weight the two funds are 1.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 1.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 1NLR holds 25 · SPHQ holds 99
- Weight in Shared Holdings
- NLR 8%·SPHQ 1%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
24 of 25 positions (91.8% of the fund) are not held by SPHQ.
Sector Breakdown
| Sector | NLR | SPHQ |
|---|---|---|
| Energy | 43.6% | 0.7% |
| Utilities | 37.9% | 1.0% |
| Information Technology | 0.0% | 27.6% |
| Industrials | 14.6% | 24.5% |
| Consumer Staples | 0.0% | 15.3% |
| Other Sectors | 0.0% | 30.7% |
| Unclassified | 3.7% | 0.0% |
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 SPHQ).
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% |
| SPHQ | -0.8% | +15.3% | +21.9% | +19.9% | +12.7% | +14.6% | 1.09% |
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 SPHQ →
Shared Holdings(1)
 CEGConstellation Energy Corp. | 7.90% | 0.99% | 0.99% |
|---|
Frequently Asked Questions
How much do NLR and SPHQ overlap?
NLR and SPHQ overlap by 1.0% of portfolio weight. They share 1 holdings (NLR holds 25 positions and SPHQ holds 99), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and SPHQ?
The two portfolios are 1.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What are the biggest shared holdings of NLR and SPHQ?
The largest positions held by both funds are CEG. Together the top 1 shared positions account for 100% of the total overlap.
What does NLR own that SPHQ doesn't?
24 positions (91.8% of NLR) are unique to NLR, led by CCJ, BWXT and PEG. In the other direction, 98 positions (98.8% of SPHQ) are unique to SPHQ.