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Wisdomtree Commodity Securities Limited WISDOMTREE NICKEL 1X DAILY SHORT (SNIK)
Open
$7.00
Previous close
$6.8575
Trade high
$7.00
Income frequency
-
Year low
$5.3275
Year high
$7.27567
Replication method
Synthetic Replication
Volume
5
Type
ETF
UCITS
No
Dividend yield
–
Ongoing charge
1.03
ISIN
JE00B24DKJ77
This share can be held in a Dealing accountStocks and shares ISALifetime ISASIPP
Before investing please read:
Share price
Asset allocation
Top 10 holdings
| Holdings 31/10/2025 | % of assets |
|---|---|
| TRS Bloomberg Sub Nickel TR USD | 100.00 |
Investment objective
ETFS 1x Daily Short Nickel (SNIK) is designed to enable investors to gain a 'short' exposure to a total return investment in nickel futures contracts by tracking the Bloomberg Nickel Subindex (the "Index") and providing a collateral yield. A daily short exposure means that the product is designed to reflect minus one times the daily percentage change in the Index level. For example, if the Index was to rise in value by 5% on a particular day, the product is designed to decrease in value by 5% on that day (minus fees and expenses). SNIK is an exchange traded commodity ("ETC"). It is not a UCITS product. Securities in this ETC are structured as debt securities and not as shares (equity) and can be created and redeemed on demand by authorised participants and are traded on exchange just like shares in a company. The ETC is backed by swaps.
This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Learn more about SDR.