NICHOLAS FIXED INCOME ALTERNATIVE ETF
Symbol: FIAX
Exchange: NYSE
Sector: Technology
Category: Nontraditional Bond
Inception date: 29/11/2022
Latest date: 03/06/2026
Current price: $17.59
Expense ratio: 0.97%
Period performance
Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.
Performance metrics
Period total return
0.50%
Ann. -9.88% (Sharpe / Sortino numerator)
Volatility
5.26%
Sharpe ratio
-2.570
VaR 95%
-0.53%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
1.19%
Ann. -6.04% (Sharpe / Sortino numerator)
Volatility
5.26%
Sharpe ratio
-1.838
VaR 95%
-0.54%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
1.20%
Ann. 0.18% (Sharpe / Sortino numerator)
Volatility
4.60%
Sharpe ratio
-0.751
VaR 95%
-0.53%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
4.66%
Ann. 1.79% (Sharpe / Sortino numerator)
Volatility
4.53%
Sharpe ratio
-0.407
VaR 95%
-0.52%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
5.80%
Ann. 2.73% (Sharpe / Sortino numerator)
Volatility
4.56%
Sharpe ratio
-0.198
VaR 95%
-0.47%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Period total return
8.54%
Ann. 2.62% (Sharpe / Sortino numerator)
Volatility
4.09%
Sharpe ratio
-0.248
VaR 95%
-0.40%
The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.
Daily returns for period 12M
Daily simple returns from the same adjusted closes used by the performance chart: 03/06/2025 - 03/06/2026.
Average daily return
0.018%
Best day
0.686%
Worst day
-0.949%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 03/06/2026 | $17.59 | $17.59 | $17.58 | $17.59 | 1,700 |
| 02/06/2026 | $17.61 | $17.62 | $17.61 | $17.61 | 500 |
| 01/06/2026 | $17.58 | $17.61 | $17.57 | $17.61 | 7,400 |
| 29/05/2026 | $17.62 | $17.64 | $17.62 | $17.64 | 8,000 |
| 28/05/2026 | $17.57 | $17.62 | $17.57 | $17.61 | 5,000 |
| 27/05/2026 | $17.60 | $17.63 | $17.59 | $17.59 | 13,800 |
| 26/05/2026 | $17.57 | $17.59 | $17.55 | $17.59 | 7,700 |
| 22/05/2026 | $17.55 | $17.55 | $17.42 | $17.52 | 22,100 |
| 21/05/2026 | $17.51 | $17.52 | $17.45 | $17.51 | 6,500 |
| 20/05/2026 | $17.53 | $17.61 | $17.52 | $17.61 | 10,800 |