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Vanguard’s Low-Cost Energy ETF Slightly Outperforms VanEck Nuclear Fund

The performance gap underscores a tradeoff between VDE’s broad, cheap exposure to oil and gas and NLR’s concentrated, higher-fee bet on the global nuclear value chain.

Overview

  • Vanguard Energy ETF (VDE) charges about 0.09% in fees and delivered a modestly higher one-year total return than VanEck Uranium and Nuclear ETF (NLR), which charges about 0.52%.
  • Both ETFs pay similar trailing-12-month dividend yields near the mid-2% range, so cash income is comparable even though their portfolios differ sharply.
  • NLR is a concentrated play on uranium miners, reactor builders and utilities that links returns closely to the nuclear industry, while VDE holds over 100 traditional oil, gas, and coal companies where a few giants drive performance.
  • Alerian MLP and midstream funds are presented as an alternative for income-focused investors because their contract-based fee and toll revenue models tend to be steadier and less tied to commodity price swings.
  • Analysts use standard metrics such as five-year beta, trailing-12-month yield, and expense ratio to show that investor goals—seeking income versus making a thematic growth bet—and fees will materially shape long-term outcomes.