NLR vs SPLV: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
SPLVInvesco S&P 500 Low Volatility ETF
Invesco · 100 holdings · $7.2B · as of 2026-05-31
Holdings snapshots are 61 days apart (NLR: 2026-03-31, SPLV: 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 SPLV?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; Invesco S&P 500 Low Volatility ETF (SPLV, by Invesco) holds 100. 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 · SPLV holds 100
- Weight in Shared Holdings
- NLR 6%·SPLV 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 (93.6% of the fund) are not held by SPLV.
Sector Breakdown
| Sector | NLR | SPLV |
|---|---|---|
| Energy | 43.6% | 2.7% |
| Utilities | 37.9% | 25.0% |
| Financials | 0.0% | 21.0% |
| Real Estate | 0.0% | 17.7% |
| Industrials | 14.6% | 12.2% |
| Other Sectors | 0.0% | 21.1% |
| 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 SPLV).
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% |
| SPLV | -0.7% | +8.1% | +6.1% | +9.1% | +6.0% | +8.3% | 2.12% |
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 SPLV →
Shared Holdings(1)
 PEGPublic Service Enterprise Group Inc. | 6.10% | 1.01% | 1.01% |
|---|
Frequently Asked Questions
How much do NLR and SPLV overlap?
NLR and SPLV overlap by 1.0% of portfolio weight. They share 1 holdings (NLR holds 25 positions and SPLV holds 100), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and SPLV?
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 SPLV?
The largest positions held by both funds are PEG. Together the top 1 shared positions account for 100% of the total overlap.
What does NLR own that SPLV doesn't?
24 positions (93.6% of NLR) are unique to NLR, led by CCJ, CEG and BWXT. In the other direction, 99 positions (98.7% of SPLV) are unique to SPLV.