Nicholas Fixed Income Alternative ETF (FIAX) price, chart and fund profile
Price chart
Fund profile
FIAX is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes.
- Issuer
- Tidal Investments LLC
- Industry
- —
- Inception
- Nov 29, 2022
- Assets under management
- $125.2M
- Expense ratio
- 0.97%
- Net asset value
- $17.28
- NAV as of
- Aug 28, 2026
- Leverage
- 1×
- Fund page
- nicholasx.com↗
Frequently asked questions
What is Nicholas Fixed Income Alternative ETF (FIAX)?
FIAX is an actively managed fund that seeks to provide income by holding a short-term portfolio of US Treasury securities and using a vertical option spread strategy across multiple asset classes.
What is FIAX's expense ratio?
Nicholas Fixed Income Alternative ETF charges an annual expense ratio of 0.97%. The fund is issued by Tidal Investments LLC.
How large is FIAX?
Nicholas Fixed Income Alternative ETF manages $125.2M in assets and has traded since Nov 29, 2022.
How do I buy shares of Nicholas Fixed Income Alternative ETF (FIAX)?
FIAX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web dashboard at portal.lighthorse.io, the trading API, or an AI agent connected over MCP. The trade panel on this page places the order once you are signed in.
Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.