NIKL Sprott Nickel Miners ETF

ETF

ETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

NIKL — —
Key stats
About

Sprott Nickel Miners ETF (NIKL) ETF

No description available.

Exchange
XNAS
Inception
2023-03-21
Has Options
No
Fund profile
Thematic Metals & Mining#32 of 32 by assets Sprott
Expense ratio
—
Assets
—
Trailing yield
3.46%
paid annual
Average daily volume
$506K
30 sessions
Holdings
—
Listed
Mar 21, 2023
Nasdaq
Closure risk, 12 months
3.4%
low: trading volume, trailing return · model

Moves with. Gold (25% of its variance, beta 0.60); US large-cap stocks (19% of its variance, beta 1.17); Emerging markets over US (6% of its variance, beta 0.33); US dollar (3% of its variance, beta -0.50). These factors explain 56% of its daily moves over the last year.

Overlap toolAll Metals & Mining ETFs

Fund flows

No monthly flow reports are on file for this fund yet. New funds appear after their first quarterly filing; funds organised as unit investment trusts do not file them.

Similar funds
FundOverlapFeeAssets1Y
GDXVanEck Gold Miners ETF—0.51%$26.4B+9.4%compare
GDXJVanEck Junior Gold Miners ETF—0.52%$8.0B+4.6%compare
COPXGlobal X Copper Miners ETF (NEW)—0.65%$6.8B+29.5%compare
SILGlobal X Silver Miners ETF (NEW)—0.65%$4.1B+10.4%compare
XMEState Street SPDR S&P Metals & Mining ETF—0.35%$3.9B−1.9%compare

The largest other funds in the Metals & Mining category.

ETF Profile
Holdings
—
AUM
—
Provider
Unknown
Inception
2023-03-21
Exchange
XNAS
Data As Of
—
Expense Ratio
—
Dividend Yield
3.49%
Distribution
Annual
Recent distributions
Ex-Date Pay Date Amount Type
2025-12-18 2025-12-22 $0.3975 CD
2024-12-12 2024-12-19 $0.3700 CD
2023-12-14 2023-12-21 $2.7675 CD
Chart
Seasonality
'23'24'25'26Avg
Jan---7.07%-7.09%8.42%-1.91%
Feb---7.24%-3.55%15.10%1.44%
Mar6.21%0.12%-4.37%-18.11%-4.04%
Apr-1.24%9.31%4.66%5.50%4.56%
May-7.71%11.29%19.17%-11.31%2.86%
Jun7.08%-14.48%4.18%-17.84%-5.27%
Jul-1.63%-7.52%-1.66%-0.19%-2.75%
Aug-6.99%1.40%7.31%12.84%3.64%
Sep-5.05%14.80%13.77%-6.21%4.33%
Oct-6.28%-10.36%-4.63%-13.56%*-8.71%
Nov-2.65%-4.88%2.16%---1.79%
Dec-18.55%-10.16%13.53%---5.06%
Total-33.08%-25.96%47.87%-28.27%-9.86%
* Only 4 year(s) of data available.
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $12.81
SMA 50: $13.86
SMA 200: $15.55
Current: $11.38
EMA 12: $12.14
EMA 26: $12.86
MACD: -0.7120 | Signal: -0.1664
BEARISH
ADX (14): 41.36
STRONG TREND
+DI: 13.61
−DI: 48.50

Momentum Oscillators

RSI (14): 25.74
OVERSOLD
Stoch %K: 8.12
Stoch %D: 5.95
Williams %R: -89.96

Volume & Volatility

BB Upper: $14.59
BB Lower: $11.03
NEUTRAL
OBV: 1,045,022
Vol SMA 20: 39,295
Vol ROC: 38.92%
ATR: $0.33
True Range: $0.14
HV 20: 33.3%
HV 30: 32.1%
HV 60: 35.3%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

LLM Stock Analysis Report: NIKL

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers:

  • Recent news headlines highlighting nickel's potential as a "loved-to-be-hated" commodity
  • Technical signals indicating a range-bound market with moderate momentum

Primary Risks:

  • High volatility, reflected in beta value of 1.91 (vs SPY)
  • Potential for price swings based on market sentiment and news events

Investment Thesis: NIKL is a nickel mining company that can benefit from the increasing demand for electric vehicles and renewable energy sources. However, its high volatility and beta value suggest a riskier investment profile.

Recent News Sentiment Impact: The recent news headlines have had a NEUTRAL impact on our analysis, with no strong bearish or bullish sentiments detected.

Technical Analysis

Trend Direction: Medium-term (1-3 months): Range-bound

Support/Resistance Levels:

  • Lower support: $13.89
  • Middle resistance: $14.61
  • Upper resistance: $15.33

Momentum Signals: RSI interpretation: Neutral (55.27) MACD signal: Bullish (0.26 / Signal: -0.06 / Histogram: 0.32) Bollinger Bands position: Squeeze

Volume Analysis: Volume trends: Moderate volatility Institutional interest signals: No strong indications of institutional buying or selling

News & Sentiment Analysis

Recent Headlines Summary: The recent news headlines have highlighted nickel's potential as a "loved-to-be-hated" commodity, with no strong bearish or bullish sentiments detected.

Sentiment Assessment: NEUTRAL Catalyst Identification: No specific upcoming events or announcements that could significantly impact the stock price. Market Narrative: The market narrative is neutral, with no strong trends or themes emerging.

Risk & Volatility Assessment

Beta Interpretation: High risk (beta = 1.91 vs SPY) Volatility Regime: High volatility Options Market Signals: No options data available Downside Protection: Support levels and risk management considerations are crucial for investors.

Market Context & Positioning

Sector Performance: NIKL's sector (Base Metals) has been performing relatively well, with some double-digit gains in recent months. Institutional Activity: Moderate volume patterns suggest institutional interest. Correlation Analysis: The stock moves moderately relative to the market (R-squared = 0.56). Relative Valuation: Position within trading range.

Key Levels & Action Items

Critical Price Levels: Support/resistance levels mentioned earlier Breakout/Breakdown Levels: Technical levels that could trigger significant moves are not immediately apparent. Time-Sensitive Catalysts: No specific upcoming events or announcements that could significantly impact the stock price. Risk Management: Stop-loss levels and position sizing considerations are crucial for investors.

This comprehensive analysis provides a nuanced view of NIKL's stock performance, highlighting both bullish and bearish signals. The neutral sentiment from recent news headlines, combined with moderate momentum and high volatility, suggest a riskier investment profile. Investors should carefully consider their risk tolerance and market context before making any decisions.

Generated

NIKL Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 1.9193
Alpha: -48.36%
Correlation: 0.5598
R-Squared: 31.3%
Stock Volatility: 43.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
High volatility - stock moves more than market
Beta & Alpha Over Time

NIKL Institutional Ownership (13F)

Latest filings — 2026-06-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

24 filers1,200,533 shares$15.24M value
# Filer Shares Value % of Total % of Float Period
1 Jane Street Group, LLC Custodian 250,071 $3.17M 20.83% — 2026-06-30
2 NWAM LLC 243,505 $3.09M 20.28% — 2026-06-30
3 Militia Capital Management LLC 150,800 $1.91M 12.56% — 2026-06-30
4 Cetera Investment Advisers Custodian 98,665 $1.25M 8.22% — 2026-06-30
5 Bank of Montreal Custodian 91,092 $1.16M 7.59% — 2026-06-30
6 Hancock Prospecting Pty Ltd 70,000 $888.57K 5.83% — 2026-06-30
7 SPROTT INC. 46,815 $594.26K 3.90% — 2026-06-30
8 Susquehanna International Group, LLP Custodian 43,561 $552.96K 3.63% — 2026-06-30
9 Massar Capital Management, LP 40,876 $518.87K 3.40% — 2026-06-30
10 D. E. Shaw & Co., Inc. Custodian 24,244 $307.75K 2.02% — 2026-06-30
11 SG Americas Securities, LLC 24,188 $307.00K 2.01% — 2026-06-30
12 CENTRAL TRUST Co 22,454 $285.03K 1.87% — 2026-06-30
13 Raymond James Financial, Inc. Custodian 21,135 $268.28K 1.76% — 2026-06-30
14 O'Brien Greene & Co. Inc 14,693 $186.51K 1.22% — 2026-06-30
15 UBS Group AG Custodian 13,401 $170.11K 1.12% — 2026-06-30
16 Moors & Cabot, Inc. 12,250 $155.50K 1.02% — 2026-06-30
17 Cambridge Investment Research Advisors, Inc. 11,100 $141.00K 0.93% — 2026-06-30
18 NANO CAP NEW MILLENNIUM GROWTH FUND L P 11,000 $139.63K 0.92% — 2026-06-30
19 Morgan Stanley Custodian 6,299 $79.96K 0.52% — 2026-06-30
20 Royal Bank of Canada Custodian 1,723 $22.00K 0.14% — 2026-06-30
21 VALLEY NATIONAL ADVISERS INC 1,716 $21.78K 0.14% — 2026-06-30
22 National Bank of Canada Custodian 700 $8.86K 0.06% — 2026-06-30
23 HIGHLINE WEALTH PARTNERS LLC 200 $2.54K 0.02% — 2026-06-30
24 Federation des caisses Desjardins du Quebec Custodian 45 $571 <0.01% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period
Constituent Performance

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Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month