Nuclear ETF
VanEck Uranium and Nuclear Technologies UCITS ETF
Nuclear ETF
VanEck Uranium and Nuclear Technologies UCITS ETF
Fund Description
As the global demand for electricity continues to rise, the need for clean and reliable sources of energy becomes increasingly important. Nuclear energy, with its low carbon emissions and high efficiency, is a vital part of the sustainable energy mix. Investing in a nuclear energy ETF allows you to gain exposure to the performance of companies involved in the nuclear energy industry, from reactor manufacturers to uranium miners.
-
NAV$30.24
as of 07 May 2024 -
YTD RETURNS22.48%
as of 07 May 2024 -
Total Net Assets$85.3 million
as of 07 May 2024 -
Total Expense Ratio0.55%
-
Inception Date03 Feb 2023
-
SFDR ClassificationArticle 6
Overview
Fund Description
As the global demand for electricity continues to rise, the need for clean and reliable sources of energy becomes increasingly important. Nuclear energy, with its low carbon emissions and high efficiency, is a vital part of the sustainable energy mix. Investing in a nuclear energy ETF allows you to gain exposure to the performance of companies involved in the nuclear energy industry, from reactor manufacturers to uranium miners.
- Invest in essential enablers of low-carbon economy
- Support energy independence of our grids from volatile fossil fuels supply
- Pure-play exposure to companies involved in the nuclear and uranium mining sectors
Risk Factors: Equity market risk, investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)
Fund Highlights
- Invest in essential enablers of low-carbon economy
- Support energy independence of our grids from volatile fossil fuels supply
- Pure-play exposure to companies involved in the nuclear and uranium mining sectors
Risk Factors: Equity market risk, investing in natural resources companies, industry or sector concentration risk, risk of investing in smaller companies. Please refer to the
and the Prospectus for other important information before investing.
Underlying Index
MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)
Performance
Holdings
Portfolio
Literature
Index
Index Description
The MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index provides exposure to companies operating in the global uranium and nuclear energy infrastructure sector.
Index Key Points
Underlying Index
MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR)
The Index Composition:
The MarketVector™ Global Uranium and Nuclear Energy Infrastructure Index (MVNUCLTR) tracks the performance of the largest and most liquid companies that are involved in the uranium mining and nuclear energy infrastructure industries. MVNUCLTR covers at least 90% of the investable universe.
Companies initially eligible for inclusion in Index:
- at least 50% (25% for current components) of their revenues from uranium (including uranium mining, or mining projects that have the potential to generate at least 50% of their revenues from uranium when developed OR;
- at least 50% (greater than 0% for current components) of their revenues from nuclear energy infrastructure (including projects related to the development and commercialization of nuclear fusion technology or molten salt nuclear reactor research; construction, engineering and maintenance of nuclear power facilities and nuclear reactors; or equipment and technology or services to the nuclear power industry).
- Market capitalization greater than $150 million
- Three-month average daily turnover greater than $1 million
- Minimum trading volume of 250,000 shares each month over last 6 months
- Company weightings are capped at 15% for the largest company, 10% for the second largest company, and 8% for all other companies.
- Maximum weight for companies with less than 50% of their revenues from the uranium and nuclear energy infrastructure segments is 5%
- Liquidity overlay is applied in the weighting process, whereby a company’s weight cannot be higher than the 3m-ADTV divided by 500 million USD