ALPS Nautilus SMR ETF Rebalances, Swaps TSM for Broadcom to Focus on AI and Nuclear Strategy

The ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) replaced Taiwan Semiconductor Manufacturing Co. (TSM) with Broadcom Inc. (AVGO) during its March 2026 rebalancing. This shift aligns with the fund's 'compute + firm power' strategy, emphasizing AI infrastructure alongside nuclear energy. The fund launched on February 18, 2026, and saw $4.42 million in net flows in its first month. The rebalancing involved 71 ticker changes and adjustments in sector allocations, increasing exposure to uranium miners and small modular reactor developers.

Published Mar 29, 2026

The ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) rebalanced in March 2026, replacing Taiwan Semiconductor Manufacturing Co. (TSM) with Broadcom Inc. (AVGO), reflecting a focus on 'compute + firm power' strategy that pairs AI with nuclear energy.

AI-curated by Theia

Broadcom was added at a 2.07% weight, while TSM was entirely removed. Launched on February 18, 2026, the fund attracted $4.42 million in net flows in its first month. The rebalancing included 71 ticker changes, with increases in uranium miners and small modular reactor developers.

Energy comprises 45.87% of the fund, followed by information technology at 25.83%. Key holdings include Uranium Energy Corp. and NuScale Power Corp.