FIAX vs. BALI

In the year-to-date period, FIAX achieves a -1.87% return, which is significantly lower than BALI's -1.64% return.

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FIAX has a 1.04% expense ratio, which is higher than BALI's 0.35% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Nicholas Fixed Income Alternative ETF (FIAX) and Blackrock Advantage Large Cap Income ETF (BALI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current FIAX Sharpe Ratio is 0.46, which is comparable to the BALI Sharpe Ratio of 0.56. The chart below compares the historical Sharpe Ratios of FIAX and BALI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FIAX's dividend yield for the trailing twelve months is around 8.78%, more than BALI's 8.67% yield.

The maximum FIAX drawdown since its inception was -6.26%, smaller than the maximum BALI drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for FIAX and BALI.

The current volatility for Nicholas Fixed Income Alternative ETF (FIAX) is 1.22%, while Blackrock Advantage Large Cap Income ETF (BALI) has a volatility of 3.62%. This indicates that FIAX experiences smaller price fluctuations and is considered to be less risky than BALI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.