Nicholas Fixed Income Alternative ETF (FIAX)
Nicholas Fixed Income Alternative ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Milwaukee, WI, US. The stock last traded at $17.04, up 0.18% on the session, giving a market capitalisation of $128.9M. Its beta of 0.42 implies it has historically moved less than the broad market.
The Nicholas Fixed Income Alternative ETF is a dynamically managed fund that primarily allocates capital to U.S. government debt instruments, seeking to generate consistent income. This is achieved in part through a structured options strategy designed to yield premium income while managing potential losses, by utilizing options tied to exchange-traded funds that cover a broad range of asset categories.
Nicholas Fixed Income Alternative ETF is most often compared with the following Financial Services names: