NLR ETF — VanEck Uranium+Nuclear Energy ETF

VanEck Uranium+Nuclear Energy ETF (NLR)

NLR is an ETF that tracks the MVIS Global Uranium & Nuclear Energy Index. As of September 3, 2026, its distribution rate is 2.66%, its trailing-12-month yield is 2.66%, its expense ratio is 0.52%. Dividend Vision Distribution Safety Score™ is 86/100 (Safe). Total return is 97.5% over the past 19.1 years, 579.9 points behind SPY at 677.4%.

At the current 2.66% distribution rate, a $10,000 investment would generate approximately $266 per year, or $22.17 per month on an equivalent basis. Actual annual payments vary.

VanEck Uranium+Nuclear Energy ETF is an equity ETF that tracks the MVIS Global Uranium & Nuclear Energy Index, holding securities of companies involved in uranium production and nuclear energy generation. The fund carries a modest current distribution rate and distributes annually, with a low expense ratio of 0.52%. It appeals to income and thematic investors seeking exposure to the nuclear energy sector.

NLR performance versus SPY

Data as of September 3, 2026.

Total return is 97.5% over the past 19.1 years, 579.9 points behind SPY at 677.4%. Its deepest 1-year drawdown was 37.5%.

NLR key facts

Data as of September 3, 2026.

Distribution Safety Score™

86 · Safe

Safety-Adjusted Yield

2.29%

Issuer

VanEck

Asset type

ETF

Asset class

Equity

Inception date

08/13/2007

Expense ratio

0.52%

Distribution rate

2.66%

Distribution frequency

Annual

Trailing yield

2.66%

Last close

$119.19

NAV

$116.99

Premium / discount

1.88% premium

AUM

$4,077,905,432

Average volume

253964.0

Last dividend

$3.166

Last ex-dividend date

12/22/2025

Last payment date

12/26/2025

Beta

1.16

P/E ratio

20.1206

How Dividend Vision calculates yield and returns

Distribution rate (2.66%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.66%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 3, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 3, 2026.

Primary sources: VanEck; Index: MVIS Global Uranium & Nuclear Energy Index; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NLR risks and drawbacks

NLR's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 37.5%.

Who may consider NLR — and who may not

NLR may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NLR pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Compare NLR

NLR vs similar funds:

• NLR vs GRID
• NLR vs URA
• NLR vs AIHY
• NLR vs AIHY vs GRID

Frequently asked questions

More securities from VanEck.