Nuclear ETFs Soar YTD Under Trump Regime, Top 2024 Performance

Core Insights - U.S.-listed nuclear energy ETFs have seen significant growth in 2025, driven by increasing demand for clean energy, rising uranium prices, and supportive policies from the Trump administration [1][5]. Policy Support - The Trump administration has implemented executive orders to enhance nuclear power generation capacity, aiming to increase the U.S. nuclear energy capacity from approximately 100 GW in 2024 to 400 GW by 2050 [2]. - These orders focus on deploying advanced reactors at military and AI infrastructure sites, facilitating private sector investment, and expanding domestic uranium supply [3]. - A Technology Prosperity Deal with the UK government aims to accelerate cooperation in nuclear energy and achieve energy independence from Russian fuel by 2028 [4]. ETF Performance - The VanEck Uranium and Nuclear ETF (NLR) has risen 60.2% year to date, compared to a 13.4% increase in 2024, with a significant allocation to Constellation Energy Corporation [8]. - The Global X Uranium ETF (URA) has surged 70.8% year to date, with a major focus on Canadian companies and a notable holding in Oklo Inc [11]. - The Themes Uranium & Nuclear ETF (URAN) has increased by 50.1% year to date, with a strong emphasis on Constellation Energy and Oklo [13].