Free Trial
NYSEARCA:FIAX

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

$19.52
+0.03 (+0.15%)
(As of 05:11 PM ET)
Today's Range
$19.51
$19.53
50-Day Range
$19.18
$19.49
52-Week Range
$19.01
$20.10
Volume
3,531 shs
Average Volume
26,857 shs
Market Capitalization
$63.05 million
Assets Under Management
$62.89 million
Dividend Yield
0.10%
Net Expense Ratio
1.04%

About Nicholas Fixed Income Alternative ETF

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.

FIAX Stock Price History

FIAX ETF News Headlines

Nicholas Ward
This is the type of environment we pray for…
There is a situation in the market right now that requires your immediate attention. It involves a company that has $9 billion in cash, only $500,000 in debt, and a market cap of around $8 billion. This may not mean much to you right now.
Fixed Income Sector Thriving
XFLT: A High Income Alternative Yield Play
XFLT: A High Income Alternative Yield Play
This is the type of environment we pray for…
There is a situation in the market right now that requires your immediate attention. It involves a company that has $9 billion in cash, only $500,000 in debt, and a market cap of around $8 billion. This may not mean much to you right now.
See More Headlines
Receive FIAX Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Nicholas Fixed Income Alternative ETF and its competitors with MarketBeat's FREE daily newsletter.

Fund Details

Issuer
Toroso Investments
Fund Name
Nicholas Fixed Income Alternative ETF
Tax Classification
Regulated Investment Company
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
19

Fund Statistics

Assets Under Management
$62.57 million
Average Daily Volume
$0.00
Discount/Premium
-0.01%

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

Miscellaneous

Beta
0.10
Creation Fee
$500.00
7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report

Nicholas Fixed Income Alternative ETF Expenses

TypeFIAXTreasury ETFsFixed Income ETFsNYSEARCA ETFsAll ETFs
Management Fee0.95%0.27%0.32%0.51%0.51%
Other Expenses0.09%0.31%0.26%0.59%0.54%
Total Expense1.04%0.35%0.40%0.74%0.71%
Fee Waiver0.00%-0.37%-0.25%-0.69%-0.59%
Net Expense1.04%0.33%0.35%0.58%0.58%

Nicholas Fixed Income Alternative ETF (FIAX) Holdings & Exposure

Top 10 FIAX Holdings

  • United States Treasury Notes 1%
    Holding Weight: 39.21%
  • United States Treasury Notes 4.63%
    Holding Weight: 20.61%
  • United States Treasury Notes 0.5%
    Holding Weight: 19.38%
  • United States Treasury Notes 2.63%
    Holding Weight: 19.20%
  • Call On S&P 500 Sep24
    Holding Weight: 1.69%
  • DEPOSITS WITH BROKER FOR SHORT POSITIONS
    Holding Weight: 0.70%
  • KBE US 07/19/24 C42
    Holding Weight: 0.53%
  • Put On S&P 500 Sep24
    Holding Weight: 0.31%
  • First American Government Obligs X
    Holding Weight: 0.20%
  • Option on Russell 2000 PR USD
    Holding Weight: 0.18%

FIAX Sector Exposure

FIAX Geographic Exposure


FIAX ETF - Frequently Asked Questions

How have FIAX shares performed this year?

Nicholas Fixed Income Alternative ETF's stock was trading at $19.68 at the beginning of 2024. Since then, FIAX shares have decreased by 0.8% and is now trading at $19.52.
View the best growth stocks for 2024 here
.

How do I buy shares of Nicholas Fixed Income Alternative ETF?

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.
Compare Top Brokerages Here.

This page (NYSEARCA:FIAX) was last updated on 7/12/2024 by MarketBeat.com Staff

From Our Partners