NLR vs VSS: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
VSSVanguard FTSE All-world Ex-us Small-cap Index Fund
Vanguard · 4810 holdings · $11.7B · as of 2026-04-30
Holdings snapshots are 30 days apart (NLR: 2026-03-31, VSS: 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 VSS?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; Vanguard FTSE All-world Ex-us Small-cap Index Fund (VSS, by Vanguard) holds 4810. They have 8 holdings in common, and by portfolio weight the two funds are 0.7% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.7%Sum of the smaller weight of each shared holding
- Shared Holdings
- 8NLR holds 25 · VSS holds 4810
- Weight in Shared Holdings
- NLR 26%·VSS 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
17 of 25 positions (74.2% of the fund) are not held by VSS.
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% |
| VSS | +3.4% | +11.3% | +19.8% | +15.6% | +6.0% | +8.0% | 3.14% |
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 VSS →
Shared Holdings(8)
The top 8 shared positions account for 100% of the overlap, led by NXE, UUUU and PDN.
 NXENexGen Energy Ltd | 4.37% | 0.20% | 0.20% |
|---|---|---|---|
 UUUUEnergy Fuels Inc. COM NEW | 4.35% | 0.13% | 0.13% |
 PDNPaladin Energy Ltd | 4.24% | 0.10% | 0.10% |
 DNNDenison Mines Corp | 4.20% | 0.09% | 0.09% |
 052690KEPCO Engineering & Construction Co Inc | 2.84% | 0.06% | 0.06% |
| CGN Mining Co Ltd | 2.85% | 0.04% | 0.04% |
 DYLDeep Yellow Ltd | 1.30% | 0.03% | 0.03% |
| Silex Systems Ltd | 1.39% | 0.02% | 0.02% |
Frequently Asked Questions
How much do NLR and VSS overlap?
NLR and VSS overlap by 0.7% of portfolio weight. They share 8 holdings (NLR holds 25 positions and VSS holds 4810), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and VSS?
The two portfolios are 0.7% 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 VSS?
The largest positions held by both funds are NXE, UUUU, PDN, DNN and 052690. Together the top 8 shared positions account for 100% of the total overlap.
What does NLR own that VSS doesn't?
17 positions (74.2% of NLR) are unique to NLR, led by CCJ, CEG and BWXT. In the other direction, 4802 positions (98.3% of VSS) are unique to VSS.