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NUKZ, URNM and NLR ETFs track a new phase in nuclear investing
NUKZ returned 46% since its 2024 launch, but the article notes each of the three ETFs is down about 10% to 14% over the past month.
Yahoo Finance says the nuclear investment trade is moving into a “phase 2” centered on reactor restarts and utility contracting, and it points investors to three ETFs that cover different parts of the nuclear value chain.
The article describes Range Nuclear Renaissance Index ETF (NUKZ) as spanning the full stack from miners to reactor developers, Sprott Uranium Miners ETF (URNM) as focused upstream on mines and physical uranium, and VanEck Uranium and Nuclear ETF (NLR) as tilting toward utilities and infrastructure operators that sell electricity.
It adds that the first phase, which was driven by uranium spot price strength over the prior three years, is “winding down,” with the next catalysts tied to reactor restarts at Palisades and Three Mile Island’s Crane Clean Energy Center, power purchase agreements involving Microsoft, Amazon and Google, and small modular reactor programs advancing toward permitting.
Recent performance has been uneven, the piece says, with NUKZ, URNM and NLR each down roughly 10% to 14% over the past month. It also forecasts nuclear’s share of U.S. electricity generation at 18% in 2026 and 2027 and projects that commercial electricity use is set to surpass residential consumption in 2027, supported by data centers in Texas and the broader West South Central region.