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NYSEARCA:FIAX

Nicholas Fixed Income Alternative ETF (FIAX) Price, Holdings, & News

$18.05 -0.01 (-0.06%)
As of 04:10 PM Eastern

About Nicholas Fixed Income Alternative ETF (NYSEARCA:FIAX)

Key Stats

Today's Range
$18.05
$18.08
50-Day Range
$17.68
$18.88
52-Week Range
$17.60
$19.75
Volume
29,044 shs
Average Volume
40,391 shs
Market Capitalization
$156.13 million
Assets Under Management
$156.05 million
Dividend Yield
8.75%
Net Expense Ratio
1.04%
Aggregate Rating
N/A

ETF Overview

The Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund 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. FIAX was launched on Nov 29, 2022 and is managed by Nicholas.

Nicholas Fixed Income Alternative ETF Expenses

TypeFIAXTreasury ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.28%0.32%0.51%0.53%
Other Expenses0.09%0.28%0.25%0.56%0.52%
Total Expense1.04%0.34%0.40%0.73%0.71%
Fee Waiver0.00%-0.39%-0.25%-0.65%-0.54%
Net Expense1.04%0.32%0.35%0.58%0.60%
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FIAX ETF News Headlines

FIAX: Options Overlay ETF
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Nicholas Wealth Announces Distribution Yield on $GIAX
Nicholas Global Equity And Income ETF (GIAX)
See More Headlines

FIAX ETF - Frequently Asked Questions

Nicholas Fixed Income Alternative ETF's stock was trading at $19.03 at the beginning of the year. Since then, FIAX shares have decreased by 5.1% and is now trading at $18.05.
View the best growth stocks for 2025 here
.

Shares of FIAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Nicholas Fixed Income Alternative ETF investors own include Altria Group (MO), British American Tobacco (BTI), Verizon Communications (VZ), VICI Properties (VICI), Virtus Equity & Convertible Income Fund (NIE), Universal (UVV) and Blackstone Mortgage Trust (BXMT).

Fund Details

Issuer
Toroso Investments
Fund Name
Nicholas Fixed Income Alternative ETF
Tax Classification
Regulated Investment Company
Stock Exchange
NYSEARCA
Current Symbol
NYSEARCA:FIAX
Inception Date
11/30/2022
Fund Manager
David Nicholas, Jay Petrischelli, Michael Venuto, Charles A. Ragauss
Web
N/A
Phone
N/A

Fund Focus

Asset Class
Fixed Income
Benchmark
N/A
Category
U.S. Government
Focus
Treasury
Development Level
Developed Markets
Region
North America
Number of Holdings
12

Fund Statistics

Assets Under Management
$156.05 million
Average Daily Volume
$0.00
Discount/Premium
0.02%

Administrator, Advisor and Custodian

Administrator
Tidal ETF Services LLC
Advisor
Toroso Investments, LLC
Custodian
U.S. Bank, N.A.
Distributor
Foreside Fund Services, LLC
Transfer Agent
U.S. Bancorp Fund Services, LLC
Trustee
N/A
Lead Market Maker
Jane Street

Options

Optionable
N/A
Short Interest
12,000 shs

Miscellaneous

Beta
0.20
Creation Fee
$500.00
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Top 10 FIAX Holdings

  • United States Treasury Notes 4.63%
    Holding Weight: 33.83%
  • United States Treasury Notes 3.88%
    Holding Weight: 31.19%
  • United States Treasury Notes 3%
    Holding Weight: 29.47%
  • SPY US 06/30/25 C470
    Holding Weight: 3.94%
  • IBIT US 05/16/25 C50
    Holding Weight: 2.50%
  • DEPOSITS WITH BROKER FOR SHORT POSITIONS
    Holding Weight: 2.24%
  • QQQ US 06/30/25 C385
    Holding Weight: 0.69%
  • SVXY US 04/25/25 C40
    Holding Weight: 0.67%
  • SVXY US 04/25/25 C35
    Holding Weight: 0.53%
  • TLT US 05/16/25 C78
    Holding Weight: 0.33%

This page (NYSEARCA:FIAX) was last updated on 5/2/2025 by MarketBeat.com Staff
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