Sprott Nickel Miners ETF (NIKL)
NIKL is a passive ETF by Sprott tracking the investment results of the Nasdaq Sprott Nickel Miners Index - Benchmark TR Gross. NIKL launched on Mar 21, 2023 and has a 0.75% expense ratio.
ETF Info
US85208P6007
Mar 21, 2023
1x
Nasdaq Sprott Nickel Miners Index - Benchmark TR Gross
Mid-Cap
Growth
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Sprott Nickel Miners ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Sprott Nickel Miners ETF had a return of -14.79% year-to-date (YTD) and -18.60% in the last 12 months.
NIKL
-14.79%
-8.04%
-24.71%
-18.60%
N/A
N/A
^GSPC (Benchmark)
23.62%
0.54%
11.19%
30.63%
13.61%
11.16%
Monthly Returns
The table below presents the monthly returns of NIKL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -7.05% | -6.59% | 3.65% | 8.62% | 10.97% | -13.98% | -6.12% | -0.89% | 10.89% | -8.72% | -14.79% | ||
| 2023 | 6.20% | -0.84% | -8.89% | 7.56% | 0.47% | -7.85% | -3.84% | -9.47% | -0.46% | -0.82% | -17.89% |
Expense Ratio
NIKL features an expense ratio of 0.75%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of NIKL is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Sprott Nickel Miners ETF (NIKL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Sprott Nickel Miners ETF provided a 22.90% dividend yield over the last twelve months, with an annual payout of $2.77 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $2.77 | $2.77 |
Dividend yield | 22.90% | 19.51% |
Monthly Dividends
The table displays the monthly dividend distributions for Sprott Nickel Miners ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $2.77 | $2.77 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Sprott Nickel Miners ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Sprott Nickel Miners ETF was 40.28%, occurring on Sep 10, 2024. The portfolio has not yet recovered.
The current Sprott Nickel Miners ETF drawdown is 37.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -40.28% | Jul 14, 2023 | 292 | Sep 10, 2024 | — | — | — |
| -11.67% | Apr 20, 2023 | 26 | May 25, 2023 | 31 | Jul 12, 2023 | 57 |
| -3.57% | Apr 4, 2023 | 3 | Apr 6, 2023 | 4 | Apr 13, 2023 | 7 |
| -0.58% | Apr 17, 2023 | 1 | Apr 17, 2023 | 2 | Apr 19, 2023 | 3 |
| -0.36% | Mar 23, 2023 | 1 | Mar 23, 2023 | 3 | Mar 28, 2023 | 4 |
Volatility
Volatility Chart
The current Sprott Nickel Miners ETF volatility is 6.66%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.