Data as of .
NIKL vs SIL: which is really different?
NIKL and SIL hold 0% of their weight in the same names, and SIL returned more over the year.
ETFIQ Off-Index Score: NIKL scores higher
How much of it is not the index it is sold as an alternative to?
A percentile among the 379 thematic ETFs with a holdings filing. It is a position in a set, not a rating, and neither end of it is a recommendation. All thematic ETFs ranked by it · How it is computed
0% of the two portfolios are the same securities at the same weight.
What they hold in common
By the books each fund has filed, NIKL and SIL hold 0% of their money in the same securities at the same weight.
| Only in NIKL | Only in SIL |
|---|---|
| ANTAM Persero Tbk PT 14.86% | WHEATON PRECIOUS METALS CORP 24.02% |
| Nickel Industries Ltd. 11.93% | PAN AMERICAN SILVER CORP 11.27% |
| Merdeka Battery Materials Tbk PT 11.52% | COEUR MINING INC 10.87% |
| IGO Ltd. 8.25% | HECLA MINING CO 4.81% |
| Talon Metals Corp. 6.48% | FIRST MAJESTIC SILVER CORP 4.65% |
| Vale Indonesia Tbk PT 4.75% | INDUSTRIAS PENOLES SAB DE CV 4.58% |
| Trimegah Bangun Persada Tbk PT 4.62% | SSR MINING INC 4.23% |
| Sunrise Energy Metals Ltd. 4.24% | FRESNILLO PLC 4.06% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.
Performance, window by window
| Window | Total return | vs the S&P 500 | vs the Nasdaq-100 | |||
|---|---|---|---|---|---|---|
| NIKL | SIL | NIKL | SIL | NIKL | SIL | |
| 3 months | +0.7% | +13.9% | −1.6 pts | +11.6 pts | +3.1 pts | +16.3 pts |
| 6 months | −1.4% | +20.4% | −19.4 pts | +2.4 pts | −25.6 pts | −3.9 pts |
| 1 year | +10.8% | +50.3% | −5.8 pts | +33.7 pts | −11.0 pts | +28.5 pts |
| 3 years | −7.1% | +286.4% | −85.5 pts | +208.0 pts | −105.3 pts | +188.3 pts |
| Since launch | −12.2% | +156.7% | −115.1 pts | −586.9 pts | −152.3 pts | −1411.9 pts |
| NIKL Sprott Nickel Miners ETF Holds 26 stocks in miners and metals, 0% of its weight in S&P 500 companies | SIL Global X Silver Miners ETF Holds 43 stocks in silver miners, 0% of its weight in S&P 500 companies | |
|---|---|---|
| Issuer | Sprott | Global X |
| Theme | Miners and metals | Silver miners |
| In the S&P 500 | 0.0% | 0.0% |
| Active share vs the S&P 500 | 100.0% | 100.0% |
| In the Nasdaq-100 | 0.0% | 0.0% |
| Holdings | 26 | 43 |
| Top ten, share of the fund | 74.4% | 76.1% |
| Expense ratio | 0.75% | 0.65% |
| Fee for the differing part | 0.75% | 0.65% |
| Total return, 1 year | +10.8% | +50.3% |
| vs the S&P 500 | −5.8 pts | +33.7 pts |
| vs the Nasdaq-100 | −11.0 pts | +28.5 pts |
| Below its high | −30.3% | −19.2% |
| Net assets | $57m | $5.0bn |
NIKL in plain words
By weight, 0% of NIKL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 74% of the fund across 26 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +10.8% with distributions reinvested against +16.6% for the S&P 500, so a holder was behind by 5.8 pts. It sits 30.3% below its all-time high of Jan 26, 2026.
SIL in plain words
By weight, 0% of SIL's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 76% of the fund across 43 positions, as published by its issuer for Sep 18, 2026. Over the year to Sep 18, 2026 the fund returned +50.3% with distributions reinvested against +16.6% for the S&P 500, so a holder was ahead by 33.7 pts. It sits 19.2% below its all-time high of Feb 27, 2026.
Questions people ask
- Do NIKL and SIL hold the same stocks?
- By their latest filings, 0% of their books are the same securities at the same weight, which is mostly different names. Overlap is the sum of the smaller weight of every security they share.
- Which is more different from the S&P 500, NIKL or SIL?
- NIKL has 0% of its weight in S&P 500 names and SIL has 0%, so NIKL differs more from the index.
- Which is cheaper, NIKL or SIL?
- NIKL charges 0.75% a year and SIL charges 0.65%, so SIL is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NIKL against SIL, data as of Sep 18, 2026. https://etfiq.com/compare/themes/nikl-vs-sil Free to use with attribution; the underlying files are at Open data.