NUKZ: RANGE NUCLEAR RENAISSANCE INDEX ETF
ETF Education Report: RANGE NUCLEAR RENAISSANCE INDEX ETF (NUKZ)
What this ETF is trying to do
The RANGE NUCLEAR RENAISSANCE INDEX ETF (NUKZ) is an exchange-traded fund that focuses on the nuclear energy sector. It holds a variety of companies involved in this industry. Based on the provided data, the fund holds 53 different companies.
Top Holdings
Because the list provided is a partial list, these are only the largest companies in the fund. Please note that holdings can change over time.
• CAMECO CORP: 8.58%
• ENDESA SA: 3.89%
• CEZ AS: 3.76%
• ROLLS-ROYCE HOLDINGS PLC: 3.74%
• FORTUM OYJ: 3.59%
• SAMSUNG C&T CORP: 3.58%
• GE VERNOVA INC: 3.55%
• DOMINION ENERGY INC: 3.25%
• JACOBS SOLUTIONS INC: 2.97%
• EMERSON ELECTRIC CO: 2.95%
What the numbers show
It is important to understand the difference between "price return" and "total return." Price return only tracks how much the share price moves. Total return includes both the price movement and any cash distributions paid out to investors.
• Year-to-Date (YTD): The YTD price return is approximately -0.30%. The YTD total return is also approximately -0.30%.
• One-Year Performance: The one-year price return was approximately -3.87%. However, the one-year total return was approximately -3.00%.
• Price Comparison: The current price is $63.31. An estimated price from roughly one year ago was approximately $65.86.
Income and distribution explanation
This ETF pays out cash distributions, but they do not happen on a regular schedule. The distribution frequency is described as "irregular" or "less frequent." The distribution yield is approximately 0.91%. This number describes the cash paid out relative to the ETF's price, but it is not the same as the total return.
NAV erosion explanation
"NAV erosion" refers to a decline in the Net Asset Value (the actual value of the assets held by the fund). While a falling share price can sometimes be related to erosion, they are not the same thing. For NUKZ, the erosion-risk score is 94, which is labeled as "Stable / sideways." The erosion severity is rated as "good," and there is no severe erosion-risk flag present.
Pros
• The fund has a "good" erosion severity rating.
• The erosion-risk score suggests the fund is currently in a "stable / sideways" position.
Cons
• The one-year price return and total return have both been negative.
• Distributions are irregular and less frequent.
Beginner takeaway
When looking at NUKZ, it is important to distinguish between the share price and the total return. While the share price has declined over the last year, the total return figure provides a more complete picture by including distributions. Additionally, while the fund pays a distribution yield, it is not a high-frequency income source.
Top Holdings
Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.
| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | CAMECO CORP | n/a | 9.09% |
| 2 | OKLO INC CLASS A SHARES | OKLO | 3.40% |
| 3 | GE VERNOVA INC | GEV | 3.27% |
| 4 | ROLLS-ROYCE HOLDINGS PLC | n/a | 3.19% |
| 5 | TALEN ENERGY CORP ORDINARY SHARES NEW | TLN | 3.07% |
| 6 | ENDESA SA | n/a | 2.94% |
| 7 | FORTUM OYJ | n/a | 2.94% |
| 8 | DUKE ENERGY CORP | DUK | 2.92% |
| 9 | VISTRA CORP | VST | 2.88% |
| 10 | DOMINION ENERGY INC | D | 2.84% |