NLR vs. SETM ETF Comparison

Comparison of Market Vectors Uranium & Nuclear Energy ETF (NLR) to Sprott Energy Transition Materials ETF (SETM)

NLR

Market Vectors Uranium & Nuclear Energy ETF

NLR Description

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the DAXglobal® Nuclear Energy Index. The fund normally invests at least 80% of its total assets in equity securities of U.S. and foreign companies primarily engaged in various aspects of the nuclear energy business. It may also utilize convertible securities and participation notes to seek performance that corresponds to the Nuclear Energy Index. The fund may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. It is non-diversified.

Grade (RS Rating)

Last Trade

$88.72

Average Daily Volume

50,342

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

SETM

Sprott Energy Transition Materials ETF

SETM Description

The fund invests at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, production, recycling, refining, or smelting of energy transition materials; (ii) investments in energy transition materials that represent all or a significant portion of their assets. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$18.45

Average Daily Volume

16,391

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

Performance

Period	NLR	SETM
30 Days	22.30%	22.59%
60 Days	25.29%	26.72%
90 Days	8.67%	3.02%
12 Months	37.00%	13.09%

1 Overlapping Holdings

	Symbol	Grade	Weight in NLR	Weight in SETM	Overlap
	UEC	C	4.71%	2.93%	2.93%

NLR Overweight 9 Positions Relative to SETM

	Symbol	Grade	Weight
	CEG	A	9.39%
	PEG	A	7.25%
	PCG	C	6.0%
	BWXT	A	5.71%
	DNN	C	4.41%
	SMR	C	2.54%
	EU	C	2.26%
	LEU	A	1.97%
	OKLO	C	1.68%

NLR Underweight 4 Positions Relative to SETM

	Symbol	Grade	Weight
	FCX	B	-4.91%
	ALB	D	-4.29%
	SQM	D	-4.23%
	MP	C	-3.49%

NLR: Top Represented Industries & Keywords

Industries: Industrial Metals & Minerals Aerospace & Defense Shell Companies Specialty Industrial Machinery Uranium Utilities - Diversified Utilities - Regulated Electric Utilities - Renewable

Keywords: Electricity Nuclear Technology Uranium Natural Gas Nuclear Power Nuclear Reactor S&P 500 Uranium Mining By Country Energy Conversion Energy Related Products In Situ Leach Nuclear Fuel Nuclear Fuels Nuclear Physics Sempra Energy U.S. Department Of Energy Appliance Services Athabasca Basin Bone Chemical Elements

SETM: Top Represented Industries & Keywords

Industries: Chemicals Copper Industrial Metals & Minerals Other Industrial Metals & Mining Specialty Chemicals

Keywords: Biocides Chemical Elements Chloride Disinfectant Lithium Potassium S&P 500 Acid Amines Antioxidant Antioxidants Antiseptics Batteries Beef Bromine Catalysis Catalysts Chemical Chemical Synthesis Cobalt