Nicholas Fixed Income Alternative ETF

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About FIAX

FIAX is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes. 

Category
Nontraditional Bond
CategoryNontraditional Bond
Number of holdings
21
Number of holdings21
Inception Date
Nov 29, 2022
Inception DateNov 29, 2022

What's in this fund

Sectors

As of March 5, 2026
Government Bonds100.00%

Top 10 Holdings (108.64% of total assets)

As of March 5, 2026
NameSymbol% Assets
United States Treasury Notes 3.88%24.48%
United States Treasury Notes 4.63%24.46%
United States Treasury Bills 0%23.84%
United States Treasury Bills 0%21.86%
United States Treasury Bonds 4.5%4.00%
HYG US 06/18/26 P813.52%
Call On S&P 500 Jun262.42%
Option on S&P 500 PR1.50%
XLP US 04/17/26 P901.39%
HYG US 03/20/26 P811.17%

FIAX Key Statistics

AUM
140.65M
AUM140.65M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.74
30-Day yield2.74
Average volume
15.68K
Average volume15.68K
High today
$17.67
High today$17.67
Low today
$17.50
Low today$17.50
Open price
$17.54
Open price$17.54
Volume
19.10K
Volume19.10K
52 Week high
$18.67
52 Week high$18.67
52 Week low
$17.49
52 Week low$17.49
Expense ratio
0.97
Expense ratio0.97

Stock Snapshot

The current Nicholas Fixed Income Alternative ETF(FIAX) stock price is $17.59, with a market capitalization of 140.48M.

During the trading session on 2026-03-09, Nicholas Fixed Income Alternative ETF(FIAX) shares reached a daily high of $17.67 and a low of $17.50. At a current price of $17.59, the stock is +0.5% higher than the low and still -0.5% under the high.

Trading activity shows a volume of 19.1K, compared to an average daily volume of 15.68K.

Over the past 52 weeks, Nicholas Fixed Income Alternative ETF(FIAX) stock has traded between a high of $18.67 and a low of $17.49.

Over the past 52 weeks, Nicholas Fixed Income Alternative ETF(FIAX) stock has traded between a high of $18.67 and a low of $17.49.

Average Annual Return

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All investments involve risks, including the loss of principal. Performance data represents past performance and is no guarantee of future results. Investment returns and principal value will fluctuate and are subject to market volatility. An investment, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data quoted. Options are risky and aren’t suitable for all investors. To learn more about risks, read the Options Disclosure Document.