NICHOLAS FIXED INCOME ALTERNATIVE ETF
Symbol: FIAX
Exchange: NYSE
Sector: Technology
Category: Nontraditional Bond
Inception date: 29/11/2022
Latest date: 15/10/2026
Current price: $17.04
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
0.64%
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
-0.61%
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
0.52%
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
1.72%
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
2.43%
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
9.48%
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: 15/10/2025 - 15/10/2026.
Average daily return
0.007%
Best day
0.686%
Worst day
-0.948%
Days with data
251
Recent price history (last 90 days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 15/10/2026 | $17.04 | $17.05 | $17.03 | $17.04 | 3,400 |
| 14/10/2026 | $17.08 | $17.11 | $17.08 | $17.11 | 800 |
| 13/10/2026 | $17.08 | $17.10 | $16.98 | $17.09 | 5,400 |
| 12/10/2026 | $17.08 | $17.09 | $17.07 | $17.07 | 10,900 |
| 09/10/2026 | $17.09 | $17.09 | $17.05 | $17.08 | 12,700 |
| 08/10/2026 | $17.07 | $17.09 | $17.05 | $17.09 | 10,000 |
| 07/10/2026 | $17.06 | $17.07 | $17.03 | $17.06 | 10,300 |
| 06/10/2026 | $17.05 | $17.06 | $16.97 | $17.04 | 7,000 |
| 05/10/2026 | $17.02 | $17.05 | $17.02 | $17.05 | 4,900 |
| 02/10/2026 | $17.02 | $17.06 | $17.02 | $17.04 | 5,200 |