NICHOLAS FIXED INCOME ALTERNATIVE ETF
Symbol: FIAX
Exchange: NYSE
Sector: Technology
Category: Nontraditional Bond
Inception date: 29/11/2022
Latest date: 20/07/2026
Current price: $17.46
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
0.67%
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
0.60%
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
2.34%
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
4.78%
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
5.86%
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
10.49%
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: 21/07/2025 - 20/07/2026.
Average daily return
0.019%
Best day
0.686%
Worst day
-0.948%
Days with data
250
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 20/07/2026 | $17.49 | $17.50 | $17.46 | $17.46 | 14,600 |
| 17/07/2026 | $17.52 | $17.53 | $17.48 | $17.49 | 36,100 |
| 16/07/2026 | $17.49 | $17.49 | $17.45 | $17.47 | 6,200 |
| 15/07/2026 | $17.61 | $17.61 | $17.59 | $17.61 | 8,700 |
| 14/07/2026 | $17.59 | $17.59 | $17.58 | $17.59 | 12,100 |
| 13/07/2026 | $17.58 | $17.58 | $17.55 | $17.56 | 2,300 |
| 10/07/2026 | $17.61 | $17.61 | $17.57 | $17.58 | 8,700 |
| 09/07/2026 | $17.57 | $17.61 | $17.57 | $17.57 | 33,100 |
| 08/07/2026 | $17.57 | $17.59 | $17.47 | $17.57 | 69,700 |
| 07/07/2026 | $17.60 | $17.62 | $17.58 | $17.60 | 7,400 |