Nicholas Global Equity and Income ETF (GIAX)
The ETF) aims to generate income and capital appreciation through an active management strategy involving holding unaffiliated passively managed global equity ETFs, selling daily index credit call spreads on U.S. equity indexes for net income from options premiums, and occasionally investing in individual securities or U.S. Treasury securities.
ETF Info
88636J162
Jul 29, 2024
1x
No Index (Active)
Distributing
Large-Cap
Blend
Expense Ratio
GIAX has a high expense ratio of 0.97%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Nicholas Global Equity and Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GIAX
4.27%
1.24%
7.73%
N/A
N/A
N/A
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of GIAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.68% | 4.27% | |||||||||||
| 2024 | 1.04% | 0.72% | 1.61% | -0.76% | 4.77% | -3.51% | 3.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Nicholas Global Equity and Income ETF (GIAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
Nicholas Global Equity and Income ETF provided a 12.35% dividend yield over the last twelve months, with an annual payout of $2.36 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $2.36 | $1.98 |
Dividend yield | 12.35% | 10.58% |
Monthly Dividends
The table displays the monthly dividend distributions for Nicholas Global Equity and Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.38 | $0.00 | $0.38 | ||||||||||
| 2024 | $0.40 | $0.40 | $0.40 | $0.40 | $0.38 | $1.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Nicholas Global Equity and Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Nicholas Global Equity and Income ETF was 6.37%, occurring on Aug 5, 2024. Recovery took 10 trading sessions.
The current Nicholas Global Equity and Income ETF drawdown is 0.31%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.37% | Aug 1, 2024 | 3 | Aug 5, 2024 | 10 | Aug 19, 2024 | 13 |
| -4.91% | Dec 17, 2024 | 17 | Jan 13, 2025 | 23 | Feb 14, 2025 | 40 |
| -3.49% | Sep 3, 2024 | 4 | Sep 6, 2024 | 5 | Sep 13, 2024 | 9 |
| -2.29% | Nov 12, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
| -1.82% | Sep 27, 2024 | 5 | Oct 3, 2024 | 7 | Oct 14, 2024 | 12 |
Volatility
Volatility Chart
The current Nicholas Global Equity and Income ETF volatility is 2.51%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.