NICHOLAS FIXED INCOME ALTERNATIVE ETF
Symbol: FIAX
Exchange: NYSE ARCA
Sector: Technology
Category: Nontraditional Bond
Inception Date: 29/11/2022
Latest Date: 02/04/2026
Current Price: $17.47
Expense Ratio: 0.97%
Assets Under Management
$141.8M
0.11% daily change
Period Performance
Adjusted cumulative ETF performance normalized to the first available adjusted price of the selected period.
Adjusted Return
--
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Performance Metrics
Return
-0.94%
Volatility
5.26%
Sharpe Ratio
-2.570
VaR 95%
-0.53%
CVaR 95%:
-0.55%
Max Drawdown:
-2.08%
Sortino Ratio:
-5.397
Calmar Ratio:
-4.76
Return
-1.52%
Volatility
5.26%
Sharpe Ratio
-1.838
VaR 95%
-0.54%
CVaR 95%:
-0.69%
Max Drawdown:
-3.05%
Sortino Ratio:
-2.784
Calmar Ratio:
-1.98
Return
0.09%
Volatility
4.60%
Sharpe Ratio
-0.751
VaR 95%
-0.53%
CVaR 95%:
-0.65%
Max Drawdown:
-3.05%
Sortino Ratio:
-1.076
Calmar Ratio:
0.06
Return
1.78%
Volatility
4.53%
Sharpe Ratio
-0.407
VaR 95%
-0.52%
CVaR 95%:
-0.66%
Max Drawdown:
-3.05%
Sortino Ratio:
-0.572
Calmar Ratio:
0.59
Return
5.50%
Volatility
4.56%
Sharpe Ratio
-0.198
VaR 95%
-0.47%
CVaR 95%:
-0.67%
Max Drawdown:
-6.26%
Sortino Ratio:
-0.267
Calmar Ratio:
0.44
Return
8.02%
Volatility
4.09%
Sharpe Ratio
-0.248
VaR 95%
-0.40%
CVaR 95%:
-0.61%
Max Drawdown:
-6.26%
Sortino Ratio:
-0.335
Calmar Ratio:
0.42
Daily Returns for Period 12M
Daily simple returns calculated over the official metric window from the same adjusted price series used in the chart: 02/04/2025 - 02/04/2026.
Average Daily Return
0.007%
Best Day
0.888%
22/04/2025
Worst Day
-0.948%
20/01/2026
Days with Data
251
Recent Price History (Last 90 Days)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| 02/04/2026 | $17.45 | $17.47 | $17.41 | $17.47 | 14,900 |
| 01/04/2026 | $17.46 | $17.49 | $17.46 | $17.46 | 40,800 |
| 31/03/2026 | $17.35 | $17.45 | $17.35 | $17.45 | 10,800 |
| 30/03/2026 | $17.34 | $17.38 | $17.31 | $17.34 | 11,100 |
| 27/03/2026 | $17.32 | $17.35 | $17.30 | $17.32 | 51,100 |
| 26/03/2026 | $17.30 | $17.51 | $17.30 | $17.39 | 63,600 |
| 25/03/2026 | $17.34 | $17.34 | $17.29 | $17.33 | 5,900 |
| 24/03/2026 | $17.40 | $17.40 | $17.36 | $17.39 | 23,400 |
| 23/03/2026 | $17.42 | $17.45 | $17.41 | $17.45 | 7,000 |
| 20/03/2026 | $17.39 | $17.42 | $17.37 | $17.39 | 9,700 |