Nuclear Power Meets Defense Metals In New ETF Launch Targeting Rare Earth Boom

benzinga_article
2026.03.09 21:49
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XFUNDS has launched two new ETFs, the Nicholas Nuclear Income ETF (NUKX) and the Nicholas Defense and Rare Earth Income ETF (WEPN), targeting sectors crucial for national security and economic competitiveness. The NUKX ETF focuses on nuclear energy, while WEPN targets defense-related industries and rare earth elements. Both ETFs combine equity portfolios, commodities exposure, and an options overlay strategy to generate income. This launch reflects a growing investor interest in strategic supply chains amid geopolitical unrest and the need for energy independence.