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Nicholas Global Equity and Income ETF (GIAX)
USD16.17
-0.34 (-2.06%)
AMEX USD US Equity
NAV
USD 16.47
-1.82% vs NAV
as of 2026-05-21
AUM
USD 89.37M
TER
1.03%
Yield (TTM)
23.86%
Distribution
Distributing · Weekly
52-week range
13.35 – 18.69
Holdings
84
Issuer
Nicholasx
About this ETF
GIAX is an actively managed exchange-traded fund that seeks to generate current income and also capital appreciation. The Fund’s strategy includes holding shares of unaffiliated passively managed ETFs that provide exposure to global equity securities and selling daily index credit call spreads on US equity indexes.
ISIN
US88636J1622
Issuer
Nicholasx
Domicile
US
Inception
2024-07-28
Asset class
Equity
Website
nicholasx.com/GIAX
Price
Top 10 holdings
| Freedom 100 Emerging Markets ETF FRDM | 7.93% |
| VANGUARD FTSE DEVELOPED ETF VEA | 7.17% |
| Vanguard S&P 500 ETF VOO | 6.82% |
| Micron Technology Inc MU | 6.72% |
| Vanguard Small-Cap ETF VB | 6.12% |
| Nebius Group NV YNDX | 5.90% |
| Vanguard Mid-Cap Growth ETF VOT | 4.64% |
| Taiwan Semiconductor Manufacturing Co Ltd TSM | 4.23% |
| ServiceNow Inc NOW | 4.10% |
| Alphabet Inc GOOGL | 4.00% |
Sector mix
Price chart
USD16.17
-0.34 (-2.06%)
Loading historical data…
Returns
| 1 month | -3.98% |
| 3 months | +7.23% |
| 6 months | -3.41% |
| Year to date | -1.70% |
| 1 year | -8.95% |
| 3 years (ann.) | — |
| 5 years (ann.) | — |
| 10 years (ann.) | — |
Risk profile
| Volatility (1y, ann.) | 24.69% |
| Sharpe (1y) | -0.26 |
| Sharpe (3y) | — |
| Sortino (1y) | -0.36 |
| Max drawdown (1y) | -26.37% |
| Max drawdown (5y) | — |
| Max drawdown (full) | -34.07% |
| Beta vs S&P 500 (1y) | 1.56 |
| Correlation vs S&P 500 (1y) | 0.79 |
Technical outlook as of 2026-07-13
Day Score (bias 0-100, not a probability)
30
P(gain) 22 sessions — probability
45%
VaR 95% (daily)
-2.63%
CVaR 95% (daily)
-3.53%
GARCH vol forecast (22d)
1.60%
Market regime (Markov)
Bear
The Monte Carlo cone is drawn on the price chart above (Forecast overlay); RSI, MACD and the rest of the oscillators live in its indicator panels.
Top-10 concentration
57.6%
Effective holdings
21
Disclosed positions
84
Full holdings
| Constituent | ISIN | Market value | Weight |
|---|---|---|---|
| Loading… | |||
Sector breakdown
Geographic exposure
Loading map…
Cost vs. peers
GIAX
1.03%
Equity median
0.39%
Cheapest in class BKLC
0.00%
Comparison universe: 6,948 funds of the same asset class.
Cost impact calculator
Dividend history
Distributing share class Income is paid out to shareholders.
| Ex-date | Payment | Amount |
|---|---|---|
| 2026-07-10 | — | USD 0.0793 |
| 2026-06-26 | 2026-06-29 | USD 0.0794 |
| 2026-06-12 | 2026-06-15 | USD 0.0787 |
| 2026-06-05 | 2026-06-08 | USD 0.0853 |
| 2026-05-29 | 2026-06-01 | USD 0.0800 |
| 2026-05-22 | 2026-05-26 | USD 0.0760 |
| 2026-05-15 | 2026-05-18 | USD 0.0778 |
| 2026-05-08 | 2026-05-11 | USD 0.0765 |
| 2026-05-01 | 2026-05-04 | USD 0.0733 |
| 2026-04-24 | 2026-04-27 | USD 0.0735 |
| 2026-04-17 | 2026-04-20 | USD 0.0730 |
| 2026-04-10 | 2026-04-13 | USD 0.0667 |
| 2026-04-06 | 2026-04-07 | USD 0.0653 |
| 2026-03-27 | 2026-03-30 | USD 0.0675 |
| 2026-03-20 | 2026-03-23 | USD 0.0704 |
| 2026-03-13 | 2026-03-16 | USD 0.0702 |
| 2026-03-06 | 2026-03-09 | USD 0.0701 |
| 2026-02-27 | 2026-03-02 | USD 0.0727 |
| 2026-02-20 | 2026-02-23 | USD 0.0713 |
| 2026-02-13 | 2026-02-17 | USD 0.0732 |
| 2026-02-06 | 2026-02-09 | USD 0.0746 |
| 2026-01-30 | 2026-02-02 | USD 0.0777 |
| 2026-01-23 | 2026-01-26 | USD 0.0752 |
| 2026-01-16 | 2026-01-20 | USD 0.0785 |
| 2026-01-09 | 2026-01-12 | USD 0.0778 |
| 2026-01-02 | 2026-01-05 | USD 0.0765 |
| 2025-12-19 | 2025-12-22 | USD 0.0758 |
| 2025-12-12 | 2025-12-15 | USD 0.0790 |
| 2025-11-28 | 2025-12-01 | USD 0.3360 |
| 2025-10-30 | 2025-10-31 | USD 0.3561 |
| 2025-09-25 | 2025-09-26 | USD 0.3562 |
| 2025-08-28 | 2025-08-29 | USD 0.3536 |
| 2025-07-30 | 2025-07-31 | USD 0.3616 |
| 2025-06-26 | 2025-06-27 | USD 0.3581 |
| 2025-05-29 | 2025-05-30 | USD 0.3473 |
| 2025-04-29 | 2025-04-30 | USD 0.3307 |
| 2025-03-27 | 2025-03-28 | USD 0.3484 |
| 2025-02-27 | 2025-02-28 | USD 0.3709 |
| 2025-01-30 | 2025-01-31 | USD 0.3816 |
| 2024-12-26 | 2024-12-27 | USD 0.3824 |
ESG profile
Derived from holdings
covers 57.6% of the portfolio by weight
(18 scored constituents)
Environmental
58.2
class avg 63.0
Social
56.2
class avg 62.3
Governance
61.9
class avg 64.9
Total ESG
58.8
class avg 63.4
Benchmark: average of 4,066 funds of the same asset class with derived ESG data.
Similar ETFs
| Fund | TER | AUM (USD) | Yield (TTM) | Return 1y | Sharpe 1y |
|---|---|---|---|---|---|
| Vanguard Total Stock Market ETF VTI | 0.03% | 2.30T | 1.05% | +19.93% | 1.48 |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 1.07% | +19.68% | 1.49 |
| iShares Core S&P 500 ETF IVV | 0.03% | 894.38B | 1.09% | +19.68% | 1.49 |
| State Street SPDR S&P 500 ETF SPY | 0.09% | 789.23B | 1.00% | +19.71% | 1.49 |
| SPDR S&P 500 ETF Trust 1557.T | 0.09% | 789.09B | 0.49% | +37.54% | 2.26 |
| State Street SPDR S&P 500 ETF SPY.AX | 0.09% | 788.13B | 1.00% | +11.84% | 1.13 |
| Vanguard Total International Stock ETF VXUS | 0.05% | 652.30B | 2.61% | +20.58% | 1.21 |
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 0.43% | +28.14% | 1.43 |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 0.39% | +16.85% | 0.99 |
| Vanguard FTSE Developed Markets ETF VEA | 0.03% | 317.30B | 2.60% | +21.64% | 1.23 |
Cheaper alternatives
No fund of the class reaches 60% portfolio overlap — showing the cheapest funds of the class instead.
| Fund | TER | AUM (USD) | Overlap |
|---|---|---|---|
| Invesco QQQ Trust, Series 1 QQQ | 0.18% | 481.14B | 34.5% |
| Vanguard Growth ETF VUG | 0.03% | 393.80B | 31.6% |
| Vanguard S&P 500 ETF VOO | 0.03% | 1.70T | 28.5% |
| State Street SPDR Portfolio S&P 500 ETF SPYM | 0.02% | 159.32B | 27.9% |
| iShares Core S&P 500 UCITS ETF SXR8.DE | 0.07% | 151.54B | 27.9% |
