Quick Read – NUKZ has surged 44% in a year, turning a niche utility trade into a high-growth AI derivative with $784 million in assets. – Hyperscaler nuclear PPAs drive NUKZ’s premium, with each deal adding between 1 and 2 GW of above-market revenue and making Big Tech signing…
ce the top catalyst. – A miner-heavy VettaFi rebalance paired with softer AI capex from two hyperscalers would simultaneously kill NUKZ’s macro tailwind and concentration buffer. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Range Nuclear Renaissance Index ETF didn’t make the cut. Grab the names FREE today
The Range Nuclear Renaissance Index ETF (NYSEARCA:NUKZ) has done what almost no thematic fund managed in the prior cycle: turned a niche utility trade into a high-growth AI derivative. Shares of NUKZ closed near $72 on Friday, putting the fund up roughly 44% over the past year and about 14% year to date. With assets pushing past $784 million and a steady drumbeat of hyperscaler power purchase agreements, NUKZ has become the cleanest single-ticker way to play the nuclear renaissance, which is exactly why the next 12 months demand sharper attention.
What NUKZ actually owns, and why it has worked NUKZ tracks the Range Nuclear Renaissance Index and spans the full value chain: uranium miners, reactor builders, advanced small modular reactor (SMR) developers, and utilities operating existing fleets. The portfolio leans on names like Cameco, Constellation Energy, GE Vernova, Quanta Services, BWX Technologies, and Lockheed Martin, which is why it has outpaced uranium-only peers. The 0.85% expense ratio is steep for a passive vehicle, but investors have paid it because the basket captures the industrial buildout, not just the fuel.