Sprott Nickel Miners ETF (NIKL) belongs to the Energy Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with NIKL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to NIKL
NIKL charges 0.75% annually. There are 46 ETFs in the Energy Equities category with lower expense ratios, going as low as 0.08%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity MSCI Energy Index ETF | 0.08% | 2.03B | Oct 2013 | NIKL vs FENY | |
| State Street Energy Select Sector SPDR ETF | 0.08% | 38.95B | Dec 1998 | NIKL vs XLE | |
| Vanguard Energy ETF | 0.09% | 12.70B | Sep 2004 | NIKL vs VDE | |
| Portfolio Building Block Integrated Oil & Gas and ... | 0.13% | 11.66M | Nov 2025 | NIKL vs PBOG | |
| Global X PureCap MSCI Energy ETF | 0.15% | — | Jul 2025 | NIKL vs GXPE |
Best Risk-Adjusted Alternatives to NIKL
NIKL has a PortfoliosLab risk / return rank of 23. There are 53 ETFs in the Energy Equities category with higher risk-adjusted ranks, going as high as 93.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Oil Refiners ETF | 93 | 171.68M | Aug 2015 | NIKL vs CRAK | |
| VanEck Natural Resources ETF | 89 | 334.74M | Aug 2008 | NIKL vs HAP | |
| Tema Electrification ETF | 89 | 693.48M | Dec 2024 | NIKL vs VOLT | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 89 | 578.84M | Jun 2006 | NIKL vs XES | |
| American Beacon GLG Natural Resources ETF | 89 | 287.08M | Feb 2024 | NIKL vs MGNR |
Top Performing NIKL Alternatives (YTD)
NIKL is at -8.20% YTD. There are 64 ETFs in the Energy Equities category with higher YTD returns, going as high as 51.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| VanEck Vectors Oil Services ETF | 51.43% | 2.37B | Dec 2011 | NIKL vs OIH | |
| SPDR S&P Oil & Gas Equipment & Services ETF | 50.69% | 578.84M | Jun 2006 | NIKL vs XES | |
| iShares U.S. Oil Equipment & Services ETF | 47.84% | 636.98M | May 2006 | NIKL vs IEZ | |
| Invesco Dynamic Oil & Gas Services ETF | 46.18% | 128.85M | Oct 2005 | NIKL vs PXJ | |
| WEBs Energy XLE Defined Volatility ETF | 44.98% | — | Jul 2025 | NIKL vs DVXE |
Lowest Volatility Alternatives to NIKL
NIKL has 42.12% 1-year volatility. There are 61 ETFs in the Energy Equities category with lower 1-year volatility, going as low as 9.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ClearBridge Sustainable Infrastructure ETF | 9.00% | 12.46M | Dec 2022 | NIKL vs INFR | |
| Macquarie Global Listed Infrastructure ETF | 10.78% | 6.30M | Nov 2023 | NIKL vs BILD | |
| FT Energy Income Partners Strategy ETF | 11.17% | 523.56M | Nov 2022 | NIKL vs EIPX | |
| Bny Mellon Global Infrastructure Income ETF | 11.59% | 1.08B | Nov 2022 | NIKL vs BKGI | |
| Westwood Salient Enhanced Midstream Income ETF | 12.12% | 152.76M | Apr 2024 | NIKL vs MDST |
Lowest Drawdown Alternatives to NIKL
NIKL has a 1-year max drawdown of -29.87%. There are 51 ETFs in the Energy Equities category with shallower 1-year drawdowns, going as shallow as -4.12%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Energy Income Partners Strategy ETF | -4.12% | 523.56M | Nov 2022 | NIKL vs EIPX | |
| iShares North American Natural Resources ETF | -5.54% | 803.30M | Oct 2001 | NIKL vs IGE | |
| Macquarie Global Listed Infrastructure ETF | -6.05% | 6.30M | Nov 2023 | NIKL vs BILD | |
| TrueShares Eagle Global Renewable Energy Income ET... | -6.06% | 7.72M | Dec 2022 | NIKL vs RNWZ | |
| Bny Mellon Global Infrastructure Income ETF | -6.16% | 1.08B | Nov 2022 | NIKL vs BKGI |
Other ETFs from Sprott
The 10 most viewed Sprott ETFs shown here include PSLV, COPP, SETM and span 6 categories. AUM among these funds goes as high as $847M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Sprott Physical Silver Trust | Silver, Precious Metals | 79 | -1.78% | — | Oct 2010 | NIKL vs PSLV | |
| Sprott Copper Miners ETF | Commodity Producers Equities | 70 | 26.69% | 319.79M | Mar 2024 | NIKL vs COPP | |
| Sprott Energy Transition Materials ETF | Energy Equities | 82 | 27.22% | 675.78M | Feb 2023 | NIKL vs SETM | |
| Sprott Gold Miners ETF | Materials | 34 | 1.41% | 671.08M | Jul 2014 | NIKL vs SGDM | |
| Sprott Junior Copper Miners ETF | Commodity Producers Equities | 73 | 15.22% | 175.88M | Feb 2023 | NIKL vs COPJ | |
| Sprott Junior Uranium Miners ETF | Energy Equities | 30 | 12.14% | 418.60M | Feb 2023 | NIKL vs URNJ | |
| Sprott Junior Gold Miners ETF | Materials | 44 | 1.97% | 322.34M | Mar 2015 | NIKL vs SGDJ | |
| Sprott Physical Platinum and Palladium Trust | Precious Metals, Commodities | 22 | -14.37% | — | Dec 2012 | NIKL vs SPPP | |
| Sprott Lithium Miners ETF | Energy Equities | 87 | 28.96% | 62.99M | Feb 2023 | NIKL vs LITP | |
| Sprott Silver Miners & Physical Silver ETF | Silver, Precious Metals | 51 | 6.80% | 846.78M | Jan 2025 | NIKL vs SLVR |
Often Compared With NIKL
Investors most often compare NIKL with ICOP, GOVZ, IAU. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare NIKL with Any Fund or Stock
Compare NIKL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair NIKL with funds that move differently
Sprott Nickel Miners ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to NIKL.
Explore NIKL Diversifiers