NIKL vs. RAAX ETF Comparison

Comparison of Sprott Nickel Miners ETF (NIKL) to VanEck Vectors Real Asset Allocation ETF (RAAX)

NIKL

Sprott Nickel Miners ETF

NIKL Description

The fund will, under normal circumstances, invest at least 80% of its total assets in securities of the index. The index is designed to track the performance of companies that derive at least 50% of their revenue and/or assets from (i) mining, exploration, development, or production of nickel ("Nickel Mining Companies"); (ii) investments in nickel that represent all or a significant portion of their assets, and/or (iii) supplying nickel. The fund is non-diversified.

Grade (RS Rating)

Last Trade

$13.98

Average Daily Volume

23,512

Number of Holdings ^*

5

* may have additional holdings in another (foreign) market

RAAX

VanEck Vectors Real Asset Allocation ETF

RAAX Description

The investment seeks long-term total return. The fund invests, under normal circumstances, primarily in (i) exchange traded products that provide exposure to real assets through investment in domestic and foreign equity and debt securities, master limited partnerships ("MLPs"), and physical commodities, including ETFs and non-1940 Act (defined herein) commodity pools or commodity trusts and exchange traded notes ("ETNs") (collectively, "ETPs"); and (ii) cash or cash equivalents. It is non-diversified.

Grade (RS Rating)

Last Trade

$26.81

Average Daily Volume

22,777

Number of Holdings ^*

10

* may have additional holdings in another (foreign) market

Performance

Period	NIKL	RAAX
30 Days	10.30%	-1.15%
60 Days	9.69%	4.81%
90 Days	7.21%	8.14%
12 Months	-35.04%	7.75%

0 Overlapping Holdings

	Symbol	Grade	Weight in NIKL	Weight in RAAX	Overlap

NIKL Overweight 5 Positions Relative to RAAX

	Symbol	Grade	Weight
	NIC	C	12.65%
	INCO	A	9.79%
	CTM	F	4.85%
	S	C	4.37%
	NIKL	B	4.02%

NIKL Underweight 10 Positions Relative to RAAX

	Symbol	Grade	Weight
	PIT	B	-21.14%
	EINC	B	-11.92%
	PAVE	C	-4.9%
	REZ	A	-2.85%
	NLR	A	-2.01%
	SLX	C	-1.83%
	IAUF	B	-1.33%
	GDX	B	-1.27%
	MOO	F	-1.01%
	PHO	A	-1.01%

NIKL: Top Represented Industries & Keywords

Industries: Banks - Regional - US Telecom Services

Keywords: Computer Security Index Fund Artificial Intelligence Bank Bond Fund Community Bank Computer Network Security Computing Consumer Banking Crime Prevention Cryptography Cybersecurity Data Analytics Services Data Security ETF Economy Of The Midwestern United States Exchange Traded Fund Federal Government Information Governance Mackinac Financial Corporation

RAAX: Top Represented Industries & Keywords

Industries:

Keywords: ETF Exchange Traded Fund American Depositary Receipt Exchange Traded Funds Agribusiness Agricultural Products Agriculture Agronomy Aquaculture Commodity Commodity Markets Depositary Receipt Energy Infrastructure Exchange Traded Products Farm Machinery Fertilizer Food Industry Gold Mining Gold Mining Industry Investment Trust