About NICK
WisdomTree Nickel is an exchange-traded commodity (ETC) that provides investors with targeted exposure to the performance of nickel prices through a total return investment strategy. Launched on September 27, 2006, and domiciled in Jersey, it tracks the Bloomberg Commodity Nickel Subindex 4W Total Return, which reflects the movements of nickel futures contracts as a component of the broader Bloomberg Commodity Index. Structured as a synthetic, fully funded collateralized swap-based debt security issued by WisdomTree Commodity Securities Limited, the ETC employs derivatives like swaps to replicate the index without physical delivery of the metal. Its collateral, managed by The Bank of New York Mellon and held in segregated accounts, primarily consists of high-quality government bonds from countries such as the United States, Germany, Austria, Netherlands, and Finland, with denominations in USD and EUR. Featuring a management expense ratio of 0.49% and an annual swap rate of 0.45%, WisdomTree Nickel plays a key role in commodity markets by enabling unhedged access to nickel, a critical industrial metal used extensively in stainless steel production, batteries for electric vehicles, and alloy manufacturing, thereby facilitating portfolio diversification amid volatile commodity cycles.
Asset Class Commodities
Category Nickel
Stock Exchange London Stock Exchange
Ticker Symbol NICK
Provider WisdomTree
Index Tracked Bloomberg Nickel Subindex
NICK had a total return of 6.68% in the past year, including dividends. Since the fund's
inception, the average annual return has been -4.02%.
London · Delayed Price · Currency is GBP · Price in USD