Dividend-adjusted total return · Dec 31, 2025 – Nov 4, 2026FIAX
| Returns | 1D | 1M | 3M | YTD | 1Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|
| Total return | +0.3% | +2.3% | +1.3% | +3.0% | +4.0% | +13.6% | — | +13.8% |
| Peer average | +0.3% | +1.1% | −0.5% | +1.7% | +1.9% | +22.8% | +7.0% | — |
| S&P 500 · VOO | +1.6% | −1.6% | 0.0% | +13.4% | +13.5% | +91.7% | +81.2% | — |
Key Statistics
Open all fund facts →- AUM
- $121M
- Expense ratio
- 0.97%
- Distribution yield
- 8.2%
- NAV
- $17.29
- Volume
- 8K
- Avg. volume 30D
- 12K
- High today
- $17.32
- Low today
- $17.28
- Previous close
- $17.27
- 52-week high
- $18.30
- 52-week low
- $16.93
- Our risk indicator
- 2/5
FIAX in One Breath
FIAX Among Other Bonds ETFs
YTDEnd-of-day Nov 5, 2026 · 81 Other bonds ETFs by YTD
$10,000 in FIAX
5Y$10,000 in FIAX became
$11,380
In the S&P 500 (VOO)
$19,877
Total return, dividends in · Nov 30, 2022 – Nov 4, 2026 · S&P 500 uses VOO
FIAX’s Top Holdings
TodayUnited States United States Treasury Note/Bond 3.875% 06/15/202824.9%United State24.6%United State24.6%United State23.6%SPXW Cash SVXY First
United States United States Treasury Note/Bond 3.875% 06/15/202824.9%United State24.6%United State24.6%United State23.6%SPXW Cash SVXY
Other
Nicholasx FIAX · 11 holdings · top 8 shown · tile size = share of the fund · as of Nov 4, 2026
What FIAX Holds
TodayTechnology38.7%
[…]
Financial Services12.1%
[…]
Communication Services9.5%
[…]
Consumer Cyclical9.3%
[…]
Healthcare9.3%
[…]
Industrials7.8%
[…]
Consumer Defensive4.5%
[…]
Nicholasx FIAX · share of the fund by sector · as of Nov 4, 2026
United’s Share of FIAX
Today24.9%
$249 of every $1,000 in FIAX is United
United held by FIAX
$30.2M
Nicholasx FIAX · each square = $10 of $1,000 · as of Nov 4, 2026
FIAX’s Share of Other Bonds ETFs
Today0.1%
of the $109B in 92 Other bonds ETFs
$121M0.1%
$16.7B15.3%
$11.6B10.7%
$80.2B73.8%
Other bonds ETF AUM · Nov 5, 2026
FIAX Fee per $100 vs Peers
TodayExpense ratio · Other bonds peers · Nov 5, 2026
Inside FIAX
11 holdings · as of Nov 4, 2026FIAX
Nicholas Fixed Income Alternative ETF
TodayTechnology38.7%Financial Services12.1%Communication Services9.5%Consumer Cyclical9.3%Healthcare9.3%Industrials7.8%Consumer Defensive4.5%Other100.2%United StateUnited States Treasury Note/Bond 3.875% 06/15/202824.9%United Sta24.6%United Sta24.6%United Sta23.6%
Technology38.7%Financial Services12.1%Communication Services9.5%Consumer Cyclical9.3%Healthcare9.3%Industrials7.8%Other100.2%United Sta24.9%United Sta24.6%United Sta24.6%United Sta23.6%
| # | Ticker | Company | Weight ▼ |
|---|---|---|---|
| 1 | — | United States Treasury Note/Bond 3.875% 06/15/2028 | 24.89% |
| 2 | — | United States Treasury Note/Bond 3.875% 03/31/2031 | 24.61% |
| 3 | — | United States Treasury Note/Bond 3.875% 04/15/2029 | 24.59% |
| 4 | — | United States Treasury Note/Bond 4.5% 02/15/2036 | 23.62% |
| 5 | — | Spxw US 12/31/26 C7350 | 0.87% |
| 6 | — | Cash & Other | 0.71% |
| 7 | — | Svxy US 11/20/26 P66 | 0.67% |
| 8 | — | First American Government Obligations Fund 12/01/2031 | 0.28% |
TechnologyFinancial ServicesCommunication ServicesConsumer CyclicalHealthcareIndustrialsConsumer DefensiveEnergyUtilitiesReal EstateBasic MaterialsOther
Nicholasx FIAX · current holdings by weight · as of Nov 4, 2026 · each tile is one holding
How It Compares
FIAX
Nicholas Fixed Income Alternative ETF’s Peers
YTDOther bonds peers · YTD and past-year returns · as of Nov 5, 2026 · sorted by AUM
Head to Head
Put FIAX head to head with PYLD →PYLD vs FIAX
YTDYear to date
FIAX wins+2.0 pts
Past year
FIAX wins+1.9 pts
Fee
PYLD winslower fee
Yield
FIAX wins+1.7 pts
AUM
PYLD137.2× more
3–1FIAX wins
PIMCO PYLD and Nicholasx FIAX · year-to-date · as of Nov 5, 2026 · AUM not scored
FIAX vs VOO
YTDFIAX · Nicholas Fixed Income Alternative
+3.0%
VOO · S&P 500
+13.4%
Gap
10.3 pts
Nicholasx FIAX and Vanguard VOO · YTD total return · as of Nov 5, 2026
FIAX vs Its Peer Average
YTDFIAXAvsBPeer average
1D+0.3%+0.3%
1M+2.3%+1.1%
3M+1.3%−0.5%
YTD+3.0%+1.7%
1Y+4.0%+1.9%
3Y+13.6%+22.8%
5Y[…]+7.0%
4–2FIAX wins
91 Other bonds peers · each row scaled to its leader
The Details
FIAX
Risk
1Y2/5our risk indicator
CalmerBumpier
Volatility · 1Y4.10%
Deepest drop · 1Y−2.4%
Lowest point · 5Y−0.4%
52-week range
$17.32
$16.93−5.4% from the high$18.30
Nicholasx FIAX · past-year price moves · as of Nov 5, 2026
FIAX
Fund Facts
Today2022launched Nov 29
Tracks[…]
Exchange · CUSIPAMEX · 88634T535
StructureETF
Leverage1x
Cost on $10,000$97 a year
Go deeper
Nicholasx FIAX · fund facts · as of Nov 5, 2026
FIAX
Payouts by Year
4Y$0.11per share, Oct 2026
Distribution yield8.2%
PaidEvery month
Latest ex-date · paidOct 15 · Oct 16, 2026
12 payouts added up$1.42 a share
Nicholasx FIAX · distributions by ex-date · 2023–2026
All Fund FactsDocuments · trading · fees · every payout
Prospectus & Documents
Trading & Liquidity
Net asset value$17.29
Premium / discount[…]
Median spread · 30D[…]
Volume today8K
Average volume · 30D12K
Shares outstanding[…]
Options[…]
Fees & Costs
Net expense ratio0.97%
Gross expense ratio[…]
Management fee[…]
Cost on $10,000 a year$97.00
Our risk indicator2/5
Estimated yearly cost excludes trading costs and assumes constant assets.
Distributions
| Ex-date | Paid | Per share |
|---|---|---|
| Oct 15, 2026 | Oct 16, 2026 | $0.11 |
| Sep 17, 2026 | Sep 18, 2026 | $0.11 |
| Aug 20, 2026 | Aug 21, 2026 | $0.12 |
| Jul 16, 2026 | Jul 17, 2026 | $0.12 |
| Jun 18, 2026 | Jun 22, 2026 | $0.12 |
| May 21, 2026 | May 22, 2026 | $0.12 |
| Apr 16, 2026 | Apr 17, 2026 | $0.12 |
| Mar 19, 2026 | Mar 20, 2026 | $0.12 |
| Feb 19, 2026 | Feb 20, 2026 | $0.12 |
| Jan 15, 2026 | Jan 16, 2026 | $0.12 |
| Dec 18, 2025 | Dec 19, 2025 | $0.12 |
| Nov 20, 2025 | Nov 21, 2025 | $0.12 |
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