Performance analysis of NIKL (Sprott Nickel Miners ETF)
Annual Return
Over the past 3 years, NIKL has had an average annual return of -3.57%, underperforming the benchmark SPY, which returned +22.45% annual.
Since Mar 22, 2023, NIKL has had an average annual return of -3.78%, underperforming the benchmark SPY, which returned +24.14% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -8.19% | +51.92% | -22.44% | -18.28% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +14.56% | +11.66% | -20.43% | +8.43% | -11.24% | -6.29% | -8.19% | ||||||
| 2025 | -6.48% | -4.61% | -5.59% | +4.01% | +16.62% | +7.72% | -1.38% | +9.41% | +17.17% | -3.42% | -1.69% | +15.01% | +51.92% |
| 2024 | -7.06% | -6.58% | +3.64% | +8.62% | +10.97% | -13.98% | -6.13% | -0.88% | +10.88% | -8.72% | -4.48% | -7.58% | -22.44% |
| 2023 | +6.21% | -0.84% | -8.90% | +7.56% | +0.47% | -7.85% | -3.83% | -9.47% | -0.47% | -1.29% | -18.28% |
Drawdown analysis of NIKL (Sprott Nickel Miners ETF)
The maximum drawdown for the NIKL was -60.40%, occurring on Apr 8, 2025. Recovery took 187 trading sessions.
The current NIKL drawdown is -29.86%.
Since Mar 22, 2023 NIKL has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 2 times
- 10% or more: 3 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -60.40% | Jul 13, 2023 | 436 | Apr 8, 2025 | 187 | Jan 6, 2026 | 623 |
| -29.86% | Jan 26, 2026 | 89 | Jun 3, 2026 | Ongoing | Ongoing | Ongoing |
| -11.67% | Apr 19, 2023 | 26 | May 25, 2023 | 31 | Jul 12, 2023 | 57 |
| -4.71% | Jan 14, 2026 | 2 | Jan 16, 2026 | 4 | Jan 23, 2026 | 6 |
| -4.17% | Jan 6, 2026 | 2 | Jan 8, 2026 | 2 | Jan 12, 2026 | 4 |
| -3.57% | Apr 3, 2023 | 3 | Apr 6, 2023 | 4 | Apr 13, 2023 | 7 |
| -0.58% | Apr 14, 2023 | 1 | Apr 17, 2023 | 2 | Apr 19, 2023 | 3 |
| -0.36% | Mar 22, 2023 | 1 | Mar 23, 2023 | 3 | Mar 28, 2023 | 4 |