NLR vs. URAN ETF Comparison

Comparison of Market Vectors Uranium & Nuclear Energy ETF (NLR) to Themes Uranium & Nuclear ETF (URAN)

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

$87.94

Average Daily Volume

177,743

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

URAN

Themes Uranium & Nuclear ETF

URAN Description

URAN tracks an index of stocks deriving revenues from the uranium and nuclear industries. The issuer defines the uranium industry to include downstream and upstream operations. The nuclear industry encompasses materials, equipment, technology, and infrastructure, as well as generation and distribution. The fund begins with an index universe of publicly listed securities trading on global exchanges that meet the thematic definitions through an in-depth analysis of a companys business footprint from publicly available data. A Thematic Exposure Score for each company is generated relative to revenue. The fund selects companies with Thematic Exposure Scores not lower than 30%, as well as the top 5 stocks based on thematic revenue dollars amount (revenue multiplied by the Thematic Exposure Score). The portfolio provides heavier weight to companies based on its revenue-based thematic exposure. The index is reconstituted and rebalanced quarterly.

Grade (RS Rating)

Last Trade

$30.68

Average Daily Volume

6,734

Number of Holdings ^*

13

* may have additional holdings in another (foreign) market

Performance

Period	NLR	URAN
30 Days	-6.88%	-5.99%
60 Days	17.10%
90 Days	18.28%
12 Months	26.23%

9 Overlapping Holdings

	Symbol	Grade	Weight in NLR	Weight in URAN	Overlap
	BWXT	A	6.01%	1.61%	1.61%
	CEG	D	8.21%	8.3%	8.21%
	DNN	B	4.62%	3.8%	3.8%
	EU	F	1.88%	0.53%	0.53%
	LEU	C	3.0%	6.04%	3.0%
	OKLO	C	4.05%	4.05%	4.05%
	PCG	A	5.9%	4.95%	4.95%
	SMR	B	4.37%	11.19%	4.37%
	UEC	B	5.35%	5.42%	5.35%

NLR Overweight 1 Positions Relative to URAN

	Symbol	Grade	Weight
	PEG	C	6.67%

NLR Underweight 4 Positions Relative to URAN

	Symbol	Grade	Weight
	MIR	A	-3.27%
	DUK	C	-3.21%
	AEP	C	-1.64%
	PNM	B	-0.91%

NLR: Top Represented Industries & Keywords

Industries: Industrial Metals & Minerals Utilities - Regulated Electric Aerospace & Defense Specialty Industrial Machinery Uranium Utilities - Diversified 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 Appliance Services Athabasca Basin Bone Chemical Elements Contract Services

URAN: Top Represented Industries & Keywords

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

Keywords: Electricity Natural Gas Nuclear Technology S&P 500 Uranium Nuclear Fuel Nuclear Physics Nuclear Power Nuclear Reactor Uranium Mining By Country Distribution Services Energy Conversion In Situ Leach Nasdaq 100 Nuclear Fuels Public Utility Athabasca Basin Barge Boat Bone