NLR vs VTWO: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
VTWOVanguard Russell 2000 Index Fund
Vanguard · 1952 holdings · $17.4B · as of 2026-05-31
Holdings snapshots are 61 days apart (NLR: 2026-03-31, VTWO: 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 VTWO?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; Vanguard Russell 2000 Index Fund (VTWO, by Vanguard) holds 1952. They have 7 holdings in common, and by portfolio weight the two funds are 0.8% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.8%Sum of the smaller weight of each shared holding
- Shared Holdings
- 7NLR holds 25 · VTWO holds 1952
- Weight in Shared Holdings
- NLR 22%·VTWO 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
18 of 25 positions (78.0% of the fund) are not held by VTWO.
Only in VTWO
1945 of 1952 positions (98.9% of the fund) are not held by NLR. Showing the top 30 by weight.
Sector Breakdown
| Sector | NLR | VTWO |
|---|---|---|
| Energy | 43.6% | 5.0% |
| Utilities | 37.9% | 2.5% |
| Industrials | 14.6% | 19.4% |
| Information Technology | 0.0% | 17.8% |
| Health Care | 0.0% | 15.5% |
| Other Sectors | 0.0% | 34.8% |
| Unclassified | 3.7% | 4.8% |
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, 5% of VTWO).
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% |
| VTWO | +1.8% | +23.1% | +38.8% | +17.3% | +7.7% | +11.0% | 1.07% |
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 VTWO →
Shared Holdings(7)
The top 7 shared positions account for 100% of the overlap, led by OKLO, UEC and UUUU.
 OKLOOklo, Inc., Class A | 3.78% | 0.24% | 0.24% |
|---|---|---|---|
 UECUranium Energy Corp. COM | 4.55% | 0.19% | 0.19% |
 UUUUEnergy Fuels Inc. COM NEW | 4.35% | 0.13% | 0.13% |
 LEUCentrus Energy Corp., Class A | 3.60% | 0.09% | 0.09% |
 SMRNuScale Power Corp., Class A | 3.72% | 0.06% | 0.06% |
 NNENANO Nuclear Energy Inc. COM | 1.35% | 0.03% | 0.03% |
 EUEncore Energy Corp COM NEW | 0.43% | 0.01% | 0.01% |
Frequently Asked Questions
How much do NLR and VTWO overlap?
NLR and VTWO overlap by 0.8% of portfolio weight. They share 7 holdings (NLR holds 25 positions and VTWO holds 1952), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and VTWO?
The two portfolios are 0.8% 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 VTWO?
The largest positions held by both funds are OKLO, UEC, UUUU, LEU and SMR. Together the top 7 shared positions account for 100% of the total overlap.
What does NLR own that VTWO doesn't?
18 positions (78.0% of NLR) are unique to NLR, led by CCJ, CEG and BWXT. In the other direction, 1945 positions (98.9% of VTWO) are unique to VTWO.