NLR vs XME: Holdings Overlap
NLRVanEck Uranium and Nuclear ETF
VanEck · 25 holdings · $4.0B · as of 2026-03-31
XMEState Street® SPDR® S&P® Metals & Mining ETF
State Street (SPDR) · 39 holdings · $4.0B · as of 2026-08-06
Holdings snapshots are 128 days apart (NLR: 2026-03-31, XME: 2026-08-06). 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 XME?
VanEck Uranium and Nuclear ETF (NLR, by VanEck) holds 25 positions; State Street® SPDR® S&P® Metals & Mining ETF (XME, by State Street (SPDR)) holds 39. They have 2 holdings in common, and by portfolio weight the two funds are 8.1% identical. In practical terms the pair is lightly overlapping, with most of each portfolio distinct.
- Overlap by Weight
- 8.1%Sum of the smaller weight of each shared holding
- Shared Holdings
- 2NLR holds 25 · XME holds 39
- Weight in Shared Holdings
- NLR 8%·XME 9%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
23 of 25 positions (91.6% of the fund) are not held by XME.
Sector Breakdown
| Sector | NLR | XME |
|---|---|---|
| Materials | 0.0% | 76.0% |
| Energy | 43.6% | 20.5% |
| Utilities | 37.9% | 0.0% |
| Industrials | 14.6% | 0.0% |
| Other Sectors | 0.0% | 0.0% |
| Unclassified | 3.7% | 3.4% |
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, 3% of XME).
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% |
| XME | +12.9% | +11.8% | +49.0% | +31.5% | +22.7% | +16.4% | 0.32% |
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 XME →
Shared Holdings(2)
Frequently Asked Questions
How much do NLR and XME overlap?
NLR and XME overlap by 8.1% of portfolio weight. They share 2 holdings (NLR holds 25 positions and XME holds 39), based on each fund's latest SEC-reported holdings.
Is it redundant to own both NLR and XME?
The two portfolios are 8.1% identical by weight. Owning both is not redundant. Most of each portfolio is distinct, so the funds can serve different roles.
What are the biggest shared holdings of NLR and XME?
The largest positions held by both funds are UEC and LEU. Together the top 2 shared positions account for 100% of the total overlap.
What does NLR own that XME doesn't?
23 positions (91.6% of NLR) are unique to NLR, led by CCJ, CEG and BWXT. In the other direction, 37 positions (90.6% of XME) are unique to XME.