Nicholas Global Equity and Income ETF (GIAX) Alternatives
Nicholas Global Equity and Income ETF (GIAX) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with GIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to GIAX
GIAX charges 0.97% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among GIAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | GIAX vs SPIN | |
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | GIAX vs IVVW | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | GIAX vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | GIAX vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | GIAX vs PBP |
Best Risk-Adjusted Alternatives to GIAX
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | GIAX vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | GIAX vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | GIAX vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | GIAX vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | GIAX vs USOY |
Top Performing GIAX Alternatives (YTD)
GIAX alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | GIAX vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | GIAX vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | GIAX vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | GIAX vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | GIAX vs COSW |
Lowest Volatility Alternatives to GIAX
GIAX alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | GIAX vs IPDP | |
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | GIAX vs QYLE | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | GIAX vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | GIAX vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | GIAX vs QRMI |
Lowest Drawdown Alternatives to GIAX
GIAX alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | GIAX vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | GIAX vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | GIAX vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | GIAX vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | GIAX vs TCAL |
Other ETFs from Nicholas
Most popular Nicholas ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Nicholas Crypto Income ETF | Cryptocurrency | — | -18.83% | Jun 16, 2025 | GIAX vs BLOX | |
| Nicholas Fixed Income Alternative ETF | Nontraditional Bonds | 29 | -0.92% | Nov 29, 2022 | GIAX vs FIAX |
Often Compared With GIAX
What investors most often compare with GIAX, based on PortfoliosLab usage data.
Compare GIAX with Any Fund or Stock
Compare GIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.