Sprott Nickel Miners ETF
$14.18−0.25 (−1.72%)
- Expense ratio
- 0.75%
- Fund size
- $57M
- 1Y return
- +7.3%
- Yield · Last 12 months
- 2.76%
- Holdings
- 26
- Volume · 30D
- 0.1M sh
- NAV per share
- $14.59
- 52W range
The ETF.net NIKL Grade
Score 27 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 14Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 37Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 41Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 26Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 47Category rank
Our read on NIKL
DNickel is the metal stainless steel and battery cathodes run on, and NIKL is the only US ETF built purely on the companies digging it. One metal, roughly two dozen global miners, no diversified-mining cushion.
NIKL is designed to deliver returns broadly corresponding to the Nasdaq Sprott Nickel Miners Index before fees and expenses.
Why people hold it
- The only US ETF focused on nickel miners. Broad battery-metals funds bury nickel among lithium and cobalt names; this one keeps the exposure to a single metal.sprottetfs.com
- The Nasdaq Sprott index spans nickel producers, developers and explorers, and the fund normally holds at least 80% of assets in index securities, so the pure-play design is written into the rules.sprottetfs.comsprottetfs.com
- Sprott's whole shelf is mining. Nickel sits beside sibling single-metal miner funds and a broader critical-materials basket (SETM), so you can dial exposure narrow or wide within one house.sprottetfs.com
Worth knowing
- At 0.75%, the fee sits above the norm for critical-materials funds and roughly double a diversified miners option like PICK at 0.39%. Narrow focus costs money.
- Around 26 mostly international miners, explorers and developers included. One commodity's price swings drive the whole portfolio, with no other metals to soften the ride.sprottetfs.com
- Cash comes back once or twice a year, not monthly, and the fund only launched in 2023, so the live record is short by design.
NIKL Holdings
- Stocks
- 26
- 74%
- ANTM.JK
Sectors
- Materials96.8%
- Industrials3.2%
Geography
- Indonesia38.34%
- Australia28.49%
- Canada15.53%
- British Virgin Islands7.05%
- Philippines5.35%
- China2.75%
- United Kingdom2.49%
Developed 47% · Emerging 53%
NIKL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | NIKL |
|---|---|
| Year to date | −8.3% |
| 1 month | −4.5% |
| 3 months | +4.2% |
| 1 year | +7.3% |
| 3 years | −1.6% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | NIKL |
|---|---|---|
| 2026 YTD | −8.3% | |
| 2025 | +51.9% | |
| 2024 | −22.5% | |
| 2023 | −18.3% |
NIKL in the news
ETF.net Research hasn’t filed on NIKL yet — coverage lands here as it’s written.
NIKL Dividends
- 2.76%
- $0.40
- $0.40 per share
- Annual
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 18, 2025 | Dec 22, 2025 | $0.40 |
| Dec 12, 2024 | Dec 19, 2024 | $0.37 |
| Dec 14, 2023 | Dec 21, 2023 | $2.77 |
NIKL Risk
- 34.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.02
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −60.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.25
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
NIKL Cost
- The middle half of Critical Materials funds
- Median 0.65%
10 of the 13 Critical Materials funds charge less.