Nicholas Fixed Income Alternative ETF

1D
1W
1M
3M
YTD
1Y
5Y
ALL

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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
17
Number of holdings17
Inception Date
Nov 29, 2022
Inception DateNov 29, 2022

What's in this fund

Sectors

As of April 20, 2026
Government Bonds98.39%
Cash and Equivalents1.61%

Top 10 Holdings (105.66% of total assets)

As of April 20, 2026
NameSymbol% Assets
United States Treasury Notes 4.63%24.69%
United States Treasury Notes 3.88%24.66%
United States Treasury Bills 0%23.83%
United States Treasury Bills 0%21.09%
United States Treasury Bonds 4.5%3.88%
Call On S&P 500 Jun262.93%
HYG US 06/18/26 P812.50%
First American Government Obligs X0.77%
Call On S&P 500 Jun260.74%
HYG US 06/18/26 P760.57%

FIAX Key Statistics

AUM
136.50M
AUM136.50M
Price-Earnings ratio
Price-Earnings ratio
30-Day yield
2.85
30-Day yield2.85
Average volume
10.20K
Average volume10.20K
High today
$17.71
High today$17.71
Low today
$17.66
Low today$17.66
Open price
$17.71
Open price$17.71
Volume
9.50K
Volume9.50K
52 Week high
$18.32
52 Week high$18.32
52 Week low
$17.29
52 Week low$17.29
Expense ratio
0.97
Expense ratio0.97

Stock Snapshot

As of today, Nicholas Fixed Income Alternative ETF(FIAX) shares are valued at $17.66. The company's market cap stands at 136.42M.

As of 2026-04-23, Nicholas Fixed Income Alternative ETF(FIAX) stock has fluctuated between $17.66 and $17.71. The current price stands at $17.66, placing the stock 0.0% above today's low and -0.3% off the high.

The Nicholas Fixed Income Alternative ETF(FIAX)'s current trading volume is 9.5K, compared to an average daily volume of 10.2K.

In the last year, Nicholas Fixed Income Alternative ETF(FIAX) shares hit a 52-week high of $18.32 and a 52-week low of $17.29.

In the last year, Nicholas Fixed Income Alternative ETF(FIAX) shares hit a 52-week high of $18.32 and a 52-week low of $17.29.

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.