---
ticker: "NIKL"
name: "Sprott Nickel Miners ETF"
url: "https://etf.net/etf/NIKL"
grade: "D"
score: 27
graded_at: "2026-10-12"
category: "Critical Materials"
category_rank: "12 of 13"
methodology: "https://etf.net/methodology"
---

# NIKL: Sprott Nickel Miners ETF

Grade **D**, Score 27 of 100. Rank 12 of 13 in Critical Materials.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 14 | 11 of 13 |
| Mission | Not scored | — |
| Risk | 37 | 8 of 13 |
| Tradability | 41 | 8 of 13 |
| Holdings | 25 | 11 of 11 |
| Durability | 43 | 9 of 13 |

## Top holdings

The fund holds 27 positions. These are the largest 27, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | ANTM.JK | ANTAM Persero Tbk PT | 15.64% |
| 2 | NIC.AX | Nickel Industries Ltd. | 12.69% |
| 3 | — | Merdeka Battery Materials Tbk PT | 11.08% |
| 4 | IGO.AX | IGO Ltd. | 7.97% |
| 5 | TLO.TO | Talon Metals Corp. | 6.53% |
| 6 | NCKL.JK | Trimegah Bangun Persada Tbk PT | 4.78% |
| 7 | INCO.JK | Vale Indonesia Tbk PT | 4.61% |
| 8 | SRL.AX | Sunrise Energy Metals Ltd. | 4.07% |
| 9 | NICU.TO | Magna Mining Inc. | 3.89% |
| 10 | — | Nickel Asia Corp. | 3.79% |
| 11 | PNPN.V | Power Metallic Mines Inc. | 3.20% |
| 12 | 3833.HK | Xinjiang Xinxin Mining Industry Co. Ltd. | 3.09% |
| 13 | CNC.V | Canada Nickel Co. Inc. | 2.81% |
| 14 | LZM | Lifezone Metals Ltd. | 2.63% |
| 15 | CTM.AX | Centaurus Metals Ltd. | 1.93% |
| 16 | S.TO | Sherritt International Corp. | 1.84% |
| 17 | — | Global Ferronickel Holdings Inc. | 1.36% |
| 18 | DKFT.JK | Central Omega Resources Tbk PT | 1.24% |
| 19 | FAN.V | First Atlantic Nickel & Cobalt Corp. | 1.17% |
| 20 | SHL.V | Homeland Nickel Inc. | 1.10% |
| 21 | NICL.JK | Pam Mineral Tbk PT | 0.98% |
| 22 | ARL.AX | Ardea Resources Ltd. | 0.90% |
| 23 | FPX.V | FPX Nickel Corp. | 0.83% |
| 24 | CHN.AX | Chalice Mining Ltd. | 0.82% |
| 25 | LM8.AX | Lunnon Metals Ltd. | 0.54% |
| 26 | — | Cash Equivalent | 0.25% |
| 27 | NEXM.V | NexMetals Mining Corp. | 0.24% |

Source: etf.net, https://etf.net/etf/NIKL. Please cite the page URL.