NICK.L vs. AMPS.L
Compare and contrast key facts about WisdomTree Nickel (NICK.L) and WisdomTree Battery Metals (AMPS.L).
NICK.L and AMPS.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. NICK.L is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Nickel. It was launched on Sep 22, 2006. AMPS.L is a passively managed fund by WisdomTree that tracks the performance of the WisdomTree Battery Metals Commodity. It was launched on Mar 3, 2022. Both NICK.L and AMPS.L are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
NICK.L vs. AMPS.L - Performance Comparison
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NICK.L vs. AMPS.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
NICK.L WisdomTree Nickel | 1.76% | 6.27% | -8.39% | -46.66% | 8.51% |
AMPS.L WisdomTree Battery Metals | 4.64% | 17.34% | -0.96% | -24.30% | -1.13% |
Different Trading Currencies
NICK.L is traded in USD, while AMPS.L is traded in GBp. To make them comparable, the AMPS.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, NICK.L achieves a 1.76% return, which is significantly lower than AMPS.L's 4.64% return.
NICK.L
- 1D
- -1.17%
- 1M
- -3.88%
- YTD
- 1.76%
- 6M
- 11.01%
- 1Y
- 5.04%
- 3Y*
- -11.68%
- 5Y*
- -0.16%
- 10Y*
- 5.70%
AMPS.L
- 1D
- 1.04%
- 1M
- -0.97%
- YTD
- 4.64%
- 6M
- 15.86%
- 1Y
- 15.87%
- 3Y*
- 1.26%
- 5Y*
- —
- 10Y*
- —
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NICK.L vs. AMPS.L - Expense Ratio Comparison
NICK.L has a 0.49% expense ratio, which is higher than AMPS.L's 0.45% expense ratio.
Return for Risk
NICK.L vs. AMPS.L — Risk / Return Rank
NICK.L
AMPS.L
NICK.L vs. AMPS.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for WisdomTree Nickel (NICK.L) and WisdomTree Battery Metals (AMPS.L). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| NICK.L | AMPS.L | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.20 | 0.91 | -0.72 |
Sortino ratioReturn per unit of downside risk | 0.49 | 1.28 | -0.79 |
Omega ratioGain probability vs. loss probability | 1.06 | 1.18 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.30 | 1.58 | -1.29 |
Martin ratioReturn relative to average drawdown | 0.57 | 3.94 | -3.36 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| NICK.L | AMPS.L | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.20 | 0.91 | -0.72 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.00 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.16 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.10 | -0.11 | +0.02 |
Correlation
The correlation between NICK.L and AMPS.L is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
NICK.L vs. AMPS.L - Dividend Comparison
Neither NICK.L nor AMPS.L has paid dividends to shareholders.
Drawdowns
NICK.L vs. AMPS.L - Drawdown Comparison
The maximum NICK.L drawdown since its inception was -87.80%, which is greater than AMPS.L's maximum drawdown of -33.45%. Use the drawdown chart below to compare losses from any high point for NICK.L and AMPS.L.
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Drawdown Indicators
| NICK.L | AMPS.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.80% | -35.07% | -52.73% |
Max Drawdown (1Y)Largest decline over 1 year | -12.99% | -9.81% | -3.18% |
Max Drawdown (5Y)Largest decline over 5 years | -71.83% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -71.83% | — | — |
Current DrawdownCurrent decline from peak | -76.63% | -18.31% | -58.32% |
Average DrawdownAverage peak-to-trough decline | -70.06% | -24.09% | -45.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.35% | 4.70% | +1.65% |
Volatility
NICK.L vs. AMPS.L - Volatility Comparison
WisdomTree Nickel (NICK.L) has a higher volatility of 5.91% compared to WisdomTree Battery Metals (AMPS.L) at 4.77%. This indicates that NICK.L's price experiences larger fluctuations and is considered to be riskier than AMPS.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| NICK.L | AMPS.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.91% | 4.77% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 21.81% | 12.25% | +9.56% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.85% | 17.39% | +8.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.20% | 21.85% | +22.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 36.48% | 21.85% | +14.63% |