NLR vs. URNM ETF Comparison

Comparison of Market Vectors Uranium & Nuclear Energy ETF (NLR) to NorthShore Global Uranium Mining ETF (URNM)

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

$94.84

Average Daily Volume

192,753

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

URNM

NorthShore Global Uranium Mining ETF

URNM Description

The investment seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the North Shore Global Uranium Mining Index. The fund will normally invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that are involved in the mining, exploration, development, and production of uranium, and companies that hold physical uranium, uranium royalties, or other non-mining assets (Uranium Companies). It is non-diversified.

Grade (RS Rating)

Last Trade

$49.10

Average Daily Volume

545,866

Number of Holdings ^*

3

* may have additional holdings in another (foreign) market

Performance

Period	NLR	URNM
30 Days	-4.41%	-8.30%
60 Days	15.87%	11.52%
90 Days	24.64%	19.75%
12 Months	29.75%	0.87%

3 Overlapping Holdings

	Symbol	Grade	Weight in NLR	Weight in URNM	Overlap
	DNN	B	4.7%	5.78%	4.7%
	EU	D	1.81%	2.55%	1.81%
	UEC	B	5.24%	6.25%	5.24%

NLR Overweight 7 Positions Relative to URNM

	Symbol	Grade	Weight
	CEG	C	7.89%
	PEG	A	6.94%
	BWXT	B	6.53%
	PCG	A	6.13%
	SMR	B	5.05%
	OKLO	C	4.47%
	LEU	C	2.74%

NLR Underweight 0 Positions Relative to URNM

	Symbol	Grade	Weight

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

URNM: Top Represented Industries & Keywords

Industries: Industrial Metals & Minerals Uranium

Keywords: Uranium Uranium Mining By Country In Situ Leach Athabasca Basin Chemical Elements Denison Mines Environmental Services Mineral Rights Mining Nuclear Fuels Nuclear Technology Uranium Mining Uranium Producer