# Sprott Nickel Miners ETF (NIKL): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/nikl for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Sprott · Asset class: Equity - Strategy: Thematic · Inception: 2023-03-21 NIKL provides pure-play exposure to nickel mining companies. The narrow portfolio typically holds 20 to 35 US and foreign firms that derive at least 50% of their revenue and/or assets from mining, exploration, development, and production of nickel. The fund also includes companies that invest all or a significant portion of their assets in nickel. The initial selection universe is determined using a proprietary selection methodology that may involve industry publications review and fundamental research. Eligible securities that meet the minimum market-cap and liquidity requirements are sele... ## Key Facts | Metric | Value | |---|---| | Price | $11.05 | | Expense Ratio | 0.75% | | Assets Under Management | $41.6M | | NAV | $11.21 | | Holdings Count | 26 | | Distribution Yield (TTM) | 3.60% | | Annual Distribution (TTM) | $0.40 /share | | Distribution Frequency | Annual | | 52-Week Range | $10.94 – $21.86 | | Beta | 1.10 | ## Latest Distribution - Amount: $0.3975 /share - Ex-date: 2025-12-18 - Pay date: 2025-12-22 ## Frequently Asked Questions ### What does NIKL invest in? NIKL provides pure-play exposure to nickel mining companies. The narrow portfolio typically holds 20 to 35 US and foreign firms that derive at least 50% of their revenue and/or assets from mining, exploration, development, and production of nickel. The fund also includes companies that invest all or a significant portion of their assets in nickel. The initial selection universe is determined using a proprietary selection methodology that may involve industry publications review and fundamental research. Eligible securities that meet the minimum market-cap and liquidity requirements are selected for index inclusion. Each constituent is assigned an intensity score depending on its revenue percentage attributable to nickel. While the index is market cap-weighted, several capping rules are implemented based on the securities initial weights for portfolio diversification. The index is reconstituted and rebalanced semi-annually in June and December. ### What is the expense ratio of NIKL? Sprott Nickel Miners ETF (NIKL) charges an expense ratio of 0.75%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is NIKL? Sprott Nickel Miners ETF (NIKL) manages $41.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is NIKL actively managed or an index fund? NIKL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was NIKL launched? Sprott Nickel Miners ETF (NIKL) launched in March 2023 and is managed by Sprott. ### How has NIKL performed? NIKL's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does NIKL pay a dividend? Sprott Nickel Miners ETF (NIKL) currently distributes little or no income. Trailing-twelve-month yield is 3.60%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does NIKL pay dividends? Sprott Nickel Miners ETF pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is NIKL's dividend yield? NIKL's trailing-twelve-month yield is 3.60%, calculated from the sum of dividends over the past year divided by the current price. ### When is NIKL's next ex-dividend date? The most recently announced ex-dividend date for NIKL was 2025-12-18. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will NIKL's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.75% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does NIKL charge its expense ratio? The expense ratio is deducted in tiny daily slices from NIKL's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does NIKL cost more than a fund like VOO? NIKL's strategy (current expense ratio 0.75%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where NIKL sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to NIKL? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as NIKL (0.75%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/nikl - Distribution history: https://www.dividenddata.com/funds/nikl/dividend - Holdings & diversification: https://www.dividenddata.com/funds/nikl/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/nikl/expenses - Peer comparison: https://www.dividenddata.com/funds/nikl/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.