Oklo Just Made Big Progress With Small Modular Nuclear Reactor Technology. That's Great News for These 2 ETFs.

• Oklo's SMR reaches criticality, advancing nuclear tech • NLR and URA ETFs offer nuclear investment exposure • Both ETFs carry risks and higher expense ratios Oklo's small modular reactor in Texas reached criticality on Aug. 6, marking the fifth such reactor to achieve this milestone. While SMRs promise lower costs and flexible deployment, the technology remains in development. Two ETFs provide nuclear exposure: VanEck Uranium and Nuclear ETF (NLR) holds 4.4% Oklo alongside Constellation Energy and Cameco, returning 18.4% annually over five years. Global X Uranium ETF (URA) allocates 6.2% to Oklo with Cameco as its top holding, delivering 19.3% five-year returns. Both funds face risks from unproven SMR technology, regulatory hurdles, and high expense ratios (0.52%-0.69%). They suit investors seeking concentrated nuclear bets but require caution given the speculative nature of the sector.