The energy sector has been dominating the market lately, but an alternative route to energy exposure, could be in a nuclear-focused exchange traded fund (ETF).

As countries continue to grow, nuclear energy plants offer alternatives to oil. The U.S. gets 20% of its energy from nuclear energy, and France obtains around 75%, reports Zoe Van Schyndel for The Motley Fool. Market Vectors Nuclear Energy ETF (NLR) is a narrowly-focused ETF that came to the market last month. It tracks the DAX Global Nuclear Energy Index, and it gives exposure to Japan, Canada and Australia.

Uranium, plant infrastructure and nuclear reactors are the type of holdings these funds carry. Although the U.S. hasn’t seen a new nuclear power plant since 1997, that doesn’t mean the industry has vanished. France and Japan have nuclear power programs and Iran, China and India have all expressed interest.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.