Nicholas Fixed Income Alternative ETF
FIAX
Market cap $159M

18.20 USD

-0.02

0.11%

At close Jul 11, 4:00 PM EDT

1 day

-0.11%

5 days

-0.27%

1 month

-0.16%

3 months

0.44%

6 months

-3.50%

Year to date

-4.01%

1 year

-6.62%

5 years

-9.09%

10 years

-9.09%

0

Funds holding %

of 7,312 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

17% more funds holding

Funds holding: 12 [Q4 2024] → 14 (+2) [Q1 2025]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]

4% less capital invested

Capital invested by funds: $150M [Q4 2024] → $144M (-$5.94M) [Q1 2025]

2.93% less ownership

Funds ownership: 93.0% [Q4 2024] → 90.07% (-2.93%) [Q1 2025]

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

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Research analyst outlook

We haven’t received any recent analyst ratings for FIAX.

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Financial journalist opinion

FIAX Has An Attractive Yield, But Still Has To Prove Itself

Nicholas Fixed Income Alternative ETF has an 8.7% yield from treasuries and option spreads in various asset categories, including equity sectors, metals, and VIX. The monthly distribution of FIAX has been steady for almost two years, but the fund has suffered a decay in value. FIAX has underperformed SHY and some income ETFs with various strategies, lower fees, and higher liquidity.

FIAX Has An Attractive Yield, But Still Has To Prove Itself

FIAX: Options Overlay ETF

FIAX aims to outperform the Bloomberg US Aggregate Bond Index by holding U.S. treasuries and using options strategies to enhance returns.

FIAX: Options Overlay ETF

Nicholas Wealth Announces $100,000,000 in AUM for $FIAX ETF

MARIETTA, Ga., Oct. 21, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced that the Nicholas Fixed Income Alternative ETF (FIAX) now has $100,000,000 in assets under management.

Nicholas Wealth Announces $100,000,000 in AUM for $FIAX ETF

Nicholas Wealth Announces Distribution Yield on $GIAX

Nicholas Wealth, a leading provider of actively managed income ETFs, announced monthly distributions of 24.00% on the Nicholas Global Equity and Income ETF

Nicholas Wealth Announces Distribution Yield on $GIAX

Nicholas Wealth Announces Increased Distribution Rate on $FIAX

NEW YORK, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced increased monthly distributions to 8.04% on the Nicholas Fixed Income Alternative ETF (FIAX).

Nicholas Wealth Announces Increased Distribution Rate on $FIAX

Nicholas Wealth Announces Monthly Distributions on $GIAX

ATLANTA, Aug. 28, 2024 (GLOBE NEWSWIRE) -- Nicholas Wealth, a leading provider of actively managed income ETFs, just announced monthly distributions on the Nicholas Global Equity and Income ETF (GIAX).

Nicholas Wealth Announces Monthly Distributions on $GIAX

Nicholas Wealth Announces Increased Distribution Yield on FIAX ETF

ATLANTA, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced a 7.01% distribution yield, up from 6.56%, for the Nicholas Fixed Income Alternative ETF (FIAX). The dividend is payable on 12/19/2023 to shareholders of record at the close of trading day on 12/14/2023.

Nicholas Wealth Announces Increased Distribution Yield on FIAX ETF

Nicholas Fixed Income Alternative ETF (Ticker: FIAX) Hits $50M in Assets

ATLANTA , Nov. 14, 2023 /PRNewswire/ -- Nicholas Wealth Management's first actively managed exchange-traded fund (ETF), the Nicholas Fixed Income Alternative ETF (NYSE: FIAX) hit $50 million in assets in less than 12 months in existence. "This is such a tremendous milestone for our fund" said David Nicholas, Portfolio Manager of FIAX.

Nicholas Fixed Income Alternative ETF (Ticker: FIAX) Hits $50M in Assets

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