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Launched · SEC filings

ALPS Nautilus SMR, Nuclear & Technology ETF

SMRFNYSE ArcaALPS FundsB

$18.88−0.50 (−2.58%)

As of Nov 2, 2026, 3:56 PM ET

B66/ 100

Rank 2 of 9 in Uranium & Nuclear

B66/100Rank 2 of 9inUranium & Nuclear
Intraday session: down, 78 prints from 19.38 to 18.88. Range 18.88 to 19.82. Use the arrow keys to read each point.19.0019.2019.6019.8010 AM12 PM2 PM4 PM
Expense ratio
0.65%
Fund size
$14M
1Y total return
No data
Yield · Last 12 months
No data
Holdings
78
Avg volume · 30D
8.82K sh
52W range
low $18.88high $30.71
Launched
Filings
SEC EDGAR

The ETF.net SMRF Grade

Based on 5 of 6 pillars

B

Score 66 out of 100

Category
Uranium & Nuclear⁠
Rank
2 of 9
Six-pillar profile for SMRF. Scores out of 100: Cost 78, Risk 50, Mission not scored, Tradability 59, Holdings 81, Durability 44. Strongest: Holdings (81). Weakest: Durability (44). Based on 5 of 6 pillars.

Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A78 out of 100
    Rank 2 of 9

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 5 of 9

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B59 out of 100
    Rank 3 of 9

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A81 out of 100
    Rank 1 of 9

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 7 of 9

Our read on SMRF

ETF.net Research

In short

BNuclear power meets option-writing. SMRF actively holds about 70 global small-modular-reactor, nuclear and related tech names, then buys and writes options on top to pull income from a famously jumpy theme.

Stated mandate

The Fund seeks capital appreciation and income through an actively managed portfolio of equity securities significantly tied to the Nautilus SMR, Nuclear & Technology Index, together with bought and written options.

Why people hold it

  • Charges 0.65% a year, under the median for its options-income peer group and below names like HYGW (0.69%) and SVOL (0.66%).
  • One wrapper, two jobs: the fund seeks capital appreciation and income, pairing the stock sleeve with bought and written options.
  • Actively managed around the Nautilus SMR, Nuclear & Technology Index rather than bolted to it, so the manager sets the option book.
  • Spreads across roughly 70 global holdings instead of a handful of pure-play reactor startups, and the income policy targets a relatively stable payout level.

Worth knowing

  • Written calls trade away part of a big rally for premium today. In a runaway nuclear melt-up, the option book is the brake.
  • Launched in 2026 with a small asset base and thin trading, so spreads can run wider than in the giants of the category.
  • A single-theme portfolio tied to reactors, uranium and power-hungry tech moves on policy and project news, and swings harder than a broad index.

SMRF Holdings

Holdings pillarA81 out of 100Rank 1 of 9 in Uranium & Nuclear
Asset class
Stocks
Holdings
78
Top-10 weight
40%
Largest holding
1816.HK5.5%

Sectors

  • Energy33.5%
  • Utilities26.4%
  • Technology20.5%
  • Industrials16.9%
  • Communication1.4%
  • Materials1.2%
  • Real Estate0.0%

Geography

  • United States64.46%
  • Canada13.24%
  • China7.02%
  • Australia5.33%
  • United Kingdom4.54%
  • South Korea3.71%
  • Hong Kong0.65%
  • Spain0.58%
  • Other countries (1)0.47%

Developed 70% · Emerging 30% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 6.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
11816.HKCGN Power Co. Ltd.5.52%1,791,000$783K71
2NXENexGen Energy Ltd.4.91%84,211$696K9
3BWXTBWX Technologies Inc.4.73%5,132$671K190
4KAP.ILNAC Kazatomprom JSC4.68%10,846$664K12
5CCJCameco Corp.4.54%8,378$644K51
6UECUranium Energy Corp.4.23%77,750$599K93
7OKLOOklo Inc.3.76%21,119$533K88
8PDN.AXPaladin Energy Ltd.2.64%71,362$375K50
9DUKDuke Energy Corp.2.59%2,885$368K329
10SMRNuScale Power Corp.2.56%64,480$362K79
11DDominion Energy Inc.2.52%5,370$358K284
12ETREntergy Corp.2.26%2,911$321K315
13LEUCentrus Energy Corp.2.20%3,020$312K107
14CEGConstellation Energy Corp.2.19%1,182$310K375
15RR.LRolls-Royce Holdings PLC2.18%18,645$310K149

Showing 1–15 of 78 holdings

SMRF Performance

Launched Feb 18, 2026

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.Not enough history yet.
SMRF$8,488
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,141
Jul 31, 2026 to Oct 30, 2026. SMRF $8,488. SPY $10,141. Use the arrow keys to read each point.$9,000$10,000$11,000Jul 2026Sep 2026Oct 2026

Jul 31, 2026 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for SMRF. Periods over one year show the average yearly return.
PeriodSMRF
Year to dateFund launched this yearNo data
1 month−14.5%
3 months−15.1%
1 yearFund is under 1 year oldNo data
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for SMRF
YearReturn barSMRF
2026 YTD−24.5%

History from Feb 19, 2026

SMRF in the news

SMRF Dividends

Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 6 payments in 2026 YTD. May 21, 2026 $0.03; Jun 18, 2026 $0.05; Jul 16, 2026 $0.07; Aug 20, 2026 $0.07; Sep 17, 2026 $0.07; Oct 22, 2026 $0.07. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Oct 22, 2026Oct 27, 2026$0.07
Sep 17, 2026Sep 22, 2026$0.07
Aug 20, 2026Aug 25, 2026$0.07
Jul 16, 2026Jul 21, 2026$0.07
Jun 18, 2026Jun 24, 2026$0.05
May 21, 2026May 27, 2026$0.03

SMRF Risk

Risk pillarC50 out of 100Rank 5 of 9 in Uranium & Nuclear
How much the fund’s monthly returns vary, scaled to a year.
Launched Feb 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
Launched Feb 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
Launched Feb 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.98
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

SMRF Cost

Compare SMRF and NLR

Overpaying vs NLR, cheapest in Uranium & Nuclear

$2,366

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • SMRF 0.65%

    $12,717

  • NLR 0.52% Cheapest

    $10,351

$10,000
30 years

Cost over time

  • SMRF 0.65%
  • NLR 0.52%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$5K$10K$15K051015202530SMRF $12,717NLR $10,351

Year by year

YearSMRFNLROverpaying
10$1,163$935$228
20$4,440$3,593$847
30$12,717$10,351$2,366

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