AUM $122.9MER 0.97%NAV $17.07Holdings 11Inception Nov 2022
Price Chart
Key Statistics
Previous Close
$17.05Day Range
N/A52-Week Range
$17.01$18.16
Avg Volume
15.1KDividend Yield
8.24%Expense Ratio
0.97%AUM
$122.9MShares Outstanding
7.6METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Technology | 37.40% |
| Financial Services | 12.24% |
| Communication Services | 9.91% |
| Consumer Cyclical | 9.57% |
| Healthcare | 9.10% |
| Industrials | 8.16% |
| Consumer Defensive | 4.61% |
| Energy | 3.36% |
| Utilities | 2.15% |
| Real Estate | 1.88% |
| Basic Materials | 1.62% |
| Cash & Others | 0.00% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 100.00% |
Fund Information
- Issuer
- Nicholasx
- Category
- Technology
- Inception Date
- Nov 29, 2022
- Exchange
- NYSE_ARCA
- Description
- The Nicholas Fixed Income Alternative ETF is an actively managed ETF that invests primarily in U.S. Treasury fixed income securities and aims to provide current income. The fund employs a defined risk option premium strategy using options on ETFs across multiple asset classes.
Similar ETFs
The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund issued by Nicholasx that launched on Nov 29, 2022. It currently manages $122.9M in assets under management. The fund charges an expense ratio of 0.97%. The fund holds 11 securities in its portfolio. It falls under the Technology category.
Top 10 holdings represent 102.4% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | United States Treasury Note/Bond 4.625% 10/15/2026 | 24.51% | 29,804,000 | $29.8M |
| 2 | — | United States Treasury Note/Bond 3.875% 06/15/2028 | 24.01% | 29,609,000 | $29.2M |
| 3 | — | United States Treasury Note/Bond 3.875% 04/15/2029 | 23.64% | 29,432,000 | $28.7M |
| 4 | — | United States Treasury Note/Bond 3.875% 03/31/2031 | 23.52% | 29,932,000 | $28.6M |
| 5 | — | United States Treasury Note/Bond 4.5% 02/15/2036 | 2.49% | 3,169,000 | $3.0M |
| 6 | — | SPXW US 12/31/26 C7350 | 1.19% | 29 | $1.4M |
| 7 | — | Cash & Other | 1.17% | 1,418,898 | $1.4M |
| 8 | — | SPXW US 10/30/26 P7530 | 0.90% | 173 | $1.1M |
| 9 | — | First American Government Obligations Fund 12/01/2031 | 0.49% | 600,704 | $601K |
| 10 | — | SPXW US 10/30/26 C7900 | 0.46% | 173 | $560K |
| 11 | — | SPXW US 10/30/26 C7800 | -1.08% | -202 | $-1319060 |
| 12 | — | SPXW US 10/30/26 P7630 | -1.29% | -173 | $-1568245 |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | — | |
| 1W | +0.12% | |
| 1M | -1.10% | |
| 3M | -3.02% | |
| 6M | -3.12% | |
| YTD | -5.22% | |
| 1Y | -5.67% | |
| 3Y | -13.21% | |
| 5Y | -14.86% |
Moving Averages
20-Day MA
$17.08
Below 20-Day MA50-Day MA
$17.27
Below 50-Day MA200-Day MA
$17.59
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$18.16
Current Price
$17.06
52-Week Low
$17.01
$17.01$18.16
Current Yield
8.24%
Annual Dividend
$0.4699
Frequency
Monthlyx/year
Last Ex-Date
Jun 18, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jun 18, 2026 | $0.1181 | Jun 22, 2026 |
| May 21, 2026 | $0.1168 | May 22, 2026 |
| Apr 16, 2026 | $0.1180 | Apr 17, 2026 |
| Mar 19, 2026 | $0.1170 | Mar 20, 2026 |
| Feb 19, 2026 | $0.1199 | Feb 20, 2026 |
| Jan 15, 2026 | $0.1207 | Jan 16, 2026 |
| Dec 18, 2025 | $0.1209 | Dec 19, 2025 |
| Nov 20, 2025 | $0.1203 | Nov 21, 2025 |
| Oct 16, 2025 | $0.1210 | Oct 17, 2025 |
| Sep 18, 2025 | $0.1213 | Sep 19, 2025 |
| Aug 14, 2025 | $0.1215 | Aug 15, 2025 |
| Jul 17, 2025 | $0.1217 | Jul 18, 2025 |
| Jun 18, 2025 | $0.1221 | Jun 20, 2025 |
| May 15, 2025 | $0.1218 | May 16, 2025 |
| Apr 16, 2025 | $0.1204 | Apr 17, 2025 |
| Mar 20, 2025 | $0.1236 | Mar 21, 2025 |
| Feb 20, 2025 | $0.1280 | Feb 21, 2025 |
| Jan 16, 2025 | $0.1262 | Jan 17, 2025 |
| Dec 17, 2024 | $0.2266 | Dec 18, 2024 |
| Dec 17, 2024 | $0.2266 | Dec 18, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | FIAX | Technology(1617 ETFs) | Active(633 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.97% | 0.59% | 0.84% |
| AUM | $122.9M | $7.56B | $389.9M |
| Dividend Yield | 8.24% | 2.86% | 6.78% |
| Avg Volume | 15.1K | 413.0K | 133.5K |
| Holdings | 11 | 208 | 85 |
| Performance | |||
| 1-Month Return | -1.33% | +1.45% | -1.16% |
| 6-Month Return | -3.96% | +5.15% | -1.24% |
| YTD Return | -5.17% | +16.12% | +5.20% |
| 1-Year Return | -5.22% | +15.14% | +3.49% |
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