$VanEck Uranium + Nuclear Energy ETF(NLR.US)

Context: Have been interested in nuclear energy as a longer-term play on rising electricity demand, especially from data centres and AI. But this is a much more volatile theme than my core holdings and the recent pullback is a good reminder of that.

My trade: I started building NLR with two small purchases as the price came down. I’m keeping the position relatively small rather than chasing the nuclear theme after its earlier run.

Takeaway: I’m willing to sit through the volatility because I see the long-term energy demand story, but I don’t want to mistake a good theme for a low-risk investment. For me, position sizing matters here.