Nicholas Fixed Income Alternative ETF (FIAX)

NYSEARCA: FIAX · Real-Time Price · USD
17.89
+0.04 (0.24%)
Apr 23, 2025, 3:52 PM EDT - Market closed
0.24%
Assets $153.63M
Expense Ratio 0.95%
PE Ratio 17.87
Shares Out 8.65M
Dividend (ttm) $1.58
Dividend Yield 8.82%
Ex-Dividend Date Apr 16, 2025
Payout Ratio 156.79%
1-Year Return -6.15%
Volume 11,162
Open 17.92
Previous Close 17.84
Day's Range 17.89 - 17.92
52-Week Low 17.60
52-Week High 19.75
Beta 0.20
Holdings 20
Inception Date Nov 29, 2022

About FIAX

Fund Home Page

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 issued by Tidal.

Asset Class Alternatives
Category Nontraditional Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol FIAX
ETF Provider Tidal

Top 10 Holdings

130.92% of assets
Name Symbol Weight
United States Treasury Notes 3.88% T 3.875 01.15.26 35.10%
United States Treasury Notes 4.63% T 4.625 10.15.26 34.23%
United States Treasury Notes 3% T 3 07.15.25 33.37%
US DOLLARS n/a 20.17%
SPY US 06/30/25 C470 n/a 3.83%
IBIT US 05/16/25 C50 n/a 2.24%
SVXY US 04/25/25 C40 n/a 0.67%
QQQ US 06/30/25 C385 n/a 0.57%
SVXY US 04/25/25 C35 n/a 0.43%
TLT US 05/16/25 C78 n/a 0.30%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Apr 16, 2025 $0.1204 Apr 17, 2025
Mar 20, 2025 $0.1236 Mar 21, 2025
Feb 20, 2025 $0.128 Feb 21, 2025
Jan 16, 2025 $0.1262 Jan 17, 2025
Dec 17, 2024 $0.22663 Dec 18, 2024
Nov 18, 2024 $0.1302 Nov 19, 2024
Full Dividend History

News

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.

4 months ago - Seeking Alpha

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,...

6 months ago - GlobeNewsWire

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

7 months ago - GlobeNewsWire

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 A...

7 months ago - GlobeNewsWire

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)...

8 months ago - GlobeNewsWire

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 1...

1 year ago - GlobeNewsWire

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...

1 year ago - PRNewsWire

David Nicholas of Nicholas Wealth Management to Ring The Opening Bell® At The New York Stock Exchange

ATLANTA , Aug. 23, 2023 /PRNewswire/ -- Chief Executive Officer and Founder of Nicholas Wealth Management, David Nicholas will ring The Opening Bell® at the New York Stock Exchange (NYSE) on Thursday,...

1 year ago - PRNewsWire

Nicholas Wealth Announces Distribution on FIAX ETF

MARIETTA, Ga., Aug. 22, 2023 (GLOBE NEWSWIRE) -- Nicholas Wealth today announced distributions on the Nicholas Fixed Income Alternative ETF (FIAX):

1 year ago - GlobeNewsWire