Nickel Ind. (NIC) is held by 26 ASX ETFs. Over the last 3 months it fell 15.8%: on $10,000, −$1576. We explain 2 big moves in that time.
About NIC
- SectorMaterials
- IndustryMaterials
- Size$3.3b
- Held by26 ETFs
- Big moves2 in 3M
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- −5.6%1 Oct 2026· Operational
Nickel Industries fell sharply as drought conditions in Indonesia threaten to delay the ramp-up of its HPAL processing plant, raising operational and production concerns.
- +6.0%24 Aug 2026· Sector Flow
NIC.AX rose sharply alongside a broad materials sector rally, with no company-specific news to explain the move.
Held by 26 ETFs
Of every $10,000 in each fund, how much is in NIC today.
- XMETBetaShares Energy Transition Metals ETF$1231.23%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$670.67%
- ISOiShares S&P/ASX Small Ordinaries ETF$660.66%
- FAIRBetaShares Australian Sustainability Leaders ETF$360.36%
- VSOVanguard MSCI Australian Small Companies Index ETF$330.33%
- OZRSTATE STREET SPDR S&P/ASX 200 RESOURCES ETF$260.26%
- QREBetaShares Australian Resources Sector ETF$210.21%
- IJRiShares S&P Small-Cap ETF$190.19%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$170.17%
- MTUMBetaShares Australian Momentum ETF$160.16%
Why did NIC rise 6.0% on 24 Aug 2026?
Nickel Ind.
NIC.AX rose sharply alongside a broad materials sector rally, with no company-specific news to explain the move.
There are no company announcements, news articles, or peer-specific signals to attribute the move to a stock-specific catalyst. The ASX Materials sector index (^AXMJ) rose 2.33% on the same day, which is above its normal daily range and directionally matches NIC's move. NIC's gain of ~6% is larger than the sector move, suggesting it may have amplified the sector tailwind due to its beta or possible nickel commodity price strength, but without commodity price data the sector flow explanation is the strongest available evidence.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
Sector / macro signals
What it did to the 26 ETFs holding NIC
On $10,000 in each fund, at the weight it holds today
- XMET1.23% of the fund+$7
- SSO0.67% of the fund+$4
- ISO0.66% of the fund+$4
- FAIR0.36% of the fund+$2
- VSO0.33% of the fund+$2
- OZR0.26% of the fund+$2
- QRE0.21% of the fund+$1
- IJR0.19% of the fund+$1
- EX200.17% of the fund+$1
- MTUM0.16% of the fund+$1
The 10 that hold it most. All 26 are listed on the page under Held by.