NIKL ETF — Sprott Nickel Miners ETF

Sprott Nickel Miners ETF (NIKL)

NIKL is an ETF. As of September 4, 2026, its distribution rate is 2.71%, its trailing-12-month yield is 2.71%, its expense ratio is 0.75%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Total return is -9.7% over the past 3.5 years, 115.1 points behind SPY at 105.4%.

At the current 2.71% distribution rate, a $10,000 investment would generate approximately $271 per year, or $22.58 per month on an equivalent basis. Actual annual payments vary.

Sprott Nickel Miners ETF is an ETF that tracks an index of companies engaged in nickel mining, exploration, development, production, and supply, with at least 80% of its assets invested in such securities. The fund carries a modest current distribution rate, distributes annually, and has an expense ratio of 0.75%. It appeals to investors seeking exposure to the nickel sector and companies involved in nickel supply chains.

NIKL performance versus SPY

Data as of September 4, 2026.

Total return is -9.7% over the past 3.5 years, 115.1 points behind SPY at 105.4%. Its deepest 1-year drawdown was 40.1%.

NIKL key facts

Data as of September 4, 2026.

Distribution Safety Score™

50 · Caution

Issuer

Sprott

Asset type

ETF

Asset class

Equity

Inception date

03/21/2023

Expense ratio

0.75%

Distribution rate

2.71%

Distribution frequency

Annual

Trailing yield

2.71%

Last close

$14.69

NAV

$14.45

Premium / discount

1.66% premium

AUM

$57,961,373

Average volume

15632.0

Last dividend

$0.398

Last ex-dividend date

12/18/2025

Last payment date

12/22/2025

Beta

1.25

P/E ratio

13.2996

How Dividend Vision calculates yield and returns

Distribution rate (2.71%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (2.71%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss. Figures below use Dividend Vision data as of September 4, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of September 4, 2026.

Primary sources: Sprott; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NIKL risks and drawbacks

NIKL's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 40.1%.

Who may consider NIKL — and who may not

NIKL may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NIKL pays annual); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from Sprott.