Nickel ETFs
Our comprehensive list of Nickel ETFs on U.S. exchanges
Table Guide
ColumnDescription
Assets ($M)ETF assets in USD millions
Exp RatioExpense Ratio
% Off HiCurrent Price / 52wk High - 1
% Off LoCurrent Price / 52wk Low - 1
ManchinPrice return since 6/30/2022, the day Joe Manchin announced support for Inflation Reduction Act

Nickel ETFs 5Y Performance

Featured Data

Nickel's Projected 'Green Demand' Growth
Nickel Demand By Clean Technology

Nickel Investing FAQ

Why is nickel used in EV batteries?
  • Nickel is used in EV batteries primarily due to its energy density, which can improve driving range.
  • Nickel is a relatively cheap and abundant metal.
What could replace nickel in EV batteries?
  • The biggest threat to nickel's role in EV battery chemistries is the Lithium-iron-phosphate (LFP) battery, which does not contain nickel.
  • LFP batteries have a shorter driving range, but are cheaper to make and have a smaller carbon footprint.
Which country mines the most nickel?
  • Indonesia is the leading producer of mined nickel, with an estimated 49% of global mine production in 2022.
  • Following Indonesia are the Philippines (10%) and Russia (7%).

Source: U.S. Geological Survey 2023 Mineral Commodity Summaries.

What are the primary uses of mined nickel?

According to the U.S. Geological Survey, a vast majority of nickel consumed in western countries is used to make stainless steel. The full breakdown:

  • 65% - austenitic stainless steel
  • 12% - superalloys
  • 23% - other (includes alloy steels, rechargeable batteries, coinage and other uses.)
What is the most commonly traded nickel futures contract?
  • The primary nickel futures contract is listed on the London Metal Exchange.
  • The price is quoted in USD per tonne, with a lot size of 6 tonnes Nickel of at least 99.80% purity.
  • There are also nickel futures contracts traded on the Hong Kong Exchange and Shanghai Futures Exchange.
How is nickel used in the Energy Transition?
  • Nickel is used to make steel that goes into the gearboxes, ladders, fasteners and control panels of wind turbines.
  • Geothermal infrastructure is steel intensive.
  • Certain EV battery chemistries use nickel, such as the nickel-cobal-aluminum (NCA) battery used by Tesla.

Selected Nickel Stocks 5Y Performance

More Lists

EVs

Lithium

Li

Solar

Hydrogen

Copper

Cu

Wind

Nickel

Ni

Rare Earths

EV Battery

Graphite

EV Charging

EV Maker

Wind Turbine

Copper

Cu

Nickel

Ni

Uranium

U

EVs

Solar

Wind

Water

Hydrogen

Carbon Credits

Join the GSR Community

Share This