Nontraditional Bond · NYSE ARCA · USD · Data as of 2026-05-16
AUM
$134.86M
Expense ratio
0.97%
Yield
8.18%
YTD return
+1.19%
Last price
$17.57
Bond · Coverage 50% · low
Today
36.0
Outlook
47.8
Block A (composite-derived)
53.1
Block C (market behavior)
25.8
Today overlay (Block D)
0.0
Outlook overlay (Block D)
0.0
today_score = clip(0,100, 50 + 0.15·(A−50) + 0.60·(C−50) + D_today). Block B (holdings rollup) is in Phase 3 development; β=0 caps the natural range at ~12.5–87.5 in Preview v0.9. Formula version tide-etf-v1.0.0.
53.1
Coverage 50% · low
Liquidity
—
Expenses
45.0
Performance
—
Volatility
29.8
Dividend
58.4
Concentration
95.0
Smart Money
—
Activist
—
Formula version composite-v1.0.0. Axes hover to see why a sub-score is missing.
Nicholas Fixed Income Alternative ETF (FIAX) is an exchange-traded fund from Nicholas Wealth Management in the Mixed asset class. Launched in 2022. Assets under management: 134,857,888.
Bullish Whales composite rating: 53 out of 100. Evidence coverage 50% across 4 of 8 axes. Strongest axes: concentration, dividend, expenses.
Annualized one-year realized volatility 4%, classified low. Weakest axes: volatility, expenses.
Top-10 weight 0%, diversified, led by FGXXX. Trailing yield 0%.
etf_composite_score_current · composite_score, concentration_score, confidence, coverage_pct, dividend_score, expenses_score, volatility_scoreetf_fundamentals_td · dividend_frequency, yieldetf_holdings_top10 · holding_symbol, weightetf_universe · asset_class, aum_usd, fund_type, inception_date, issuer, name, ticker, volatility_1yThe Nicholas Fixed Income Alternative ETF is a type of exchange-traded fund that focuses on providing exposure to a diverse range of fixed income securities. Its primary function is to offer investors an alternative way to access fixed income markets, blending traditional bond investments with additional strategies that may enhance returns and manage risk. Notable features of this ETF include its dynamic allocation strategy, which may include a mix of government, corporate, and international bonds, as well as other fixed income instruments like preferred securities. This approach aims to strike a balance between income generation and capital preservation. By tailoring its investment strategy, the Nicholas Fixed Income Alternative ETF serves a wide array of sectors, including financial, industrial, and emerging markets, to capitalize on varying economic conditions. Its market significance lies in providing investors with flexibility and adaptability in their fixed income allocations, potentially offering a hedge against market volatility and interest rate fluctuations. This ETF is a valuable tool for investors seeking to diversify their portfolios beyond traditional equity assets, allowing them to access the fixed income market with the added benefit of liquidity and transparency that ETFs provide.
Net AUM change history is not yet available for this ETF. Fund-flow time series is a Phase B deliverable.
Current AUM: $134,857,888. AUM change is computed from rolling daily fundamentals snapshots; it reflects total net-asset deltas (creations/redemptions + market value moves), not pure share creations.
| Ex-date | Amount | Adjusted |
|---|---|---|
| 2026-07-16 | $0.12 | Yes |
| 2026-06-18 | $0.12 | Yes |
| 2026-05-21 | $0.12 | Yes |
| 2026-04-16 | $0.12 | Yes |
| 2026-03-19 | $0.12 | Yes |
| 2026-02-19 | $0.12 | Yes |
| 2026-01-15 | $0.12 | Yes |
| 2025-12-18 | $0.12 | Yes |
| 2025-11-20 | $0.12 | Yes |
| 2025-10-16 | $0.12 | Yes |
| 2025-09-18 | $0.12 | Yes |
| 2025-08-14 | $0.12 | Yes |
| 2025-07-17 | $0.12 | Yes |
| 2025-06-18 | $0.12 | Yes |
| 2025-05-15 | $0.12 | Yes |
| 2025-04-16 | $0.12 | Yes |
| 2025-03-20 | $0.12 | Yes |
| 2025-02-20 | $0.13 | Yes |
| 2025-01-16 | $0.13 | Yes |
| 2024-12-17 | $0.23 | Yes |
| 2024-11-18 | $0.13 | Yes |
| 2024-10-16 | $0.13 | Yes |
| 2024-09-17 | $0.13 | Yes |
| 2024-08-16 | $0.12 | Yes |
| 2024-07-16 | $0.12 | Yes |
| 2024-06-18 | $0.11 | Yes |
| 2024-05-16 | $0.11 | Yes |
| 2024-04-16 | $0.11 | Yes |
| 2024-03-18 | $0.12 | Yes |
| 2024-02-16 | $0.12 | Yes |
| 2024-01-17 | $0.12 | Yes |
| 2023-12-15 | $0.12 | Yes |
| 2023-11-15 | $0.11 | Yes |
| 2023-10-16 | $0.11 | Yes |
| 2023-09-14 | $0.11 | Yes |
| 2023-08-15 | $0.11 | Yes |
| 2023-07-17 | $0.09 | Yes |
| 2023-06-14 | $0.07 | Yes |
| 2023-05-15 | $0.07 | Yes |
| 2023-04-17 | $0.05 | Yes |
| 2023-02-15 | $0.06 | Yes |
| 2023-01-17 | $0.02 | Yes |
Fund documents (fact sheets, prospectuses, semi-annual reports) for FIAX are coming soon. The BW fund-document archive will surface PDFs alongside a metadata index for searchability.