Nicholas Global Equity and Income ETF (GIAX)

NYSE Arca: GIAXExchange-traded fund from Nicholas Wealth Management.

  • Expense ratio104.00%
  • Net assets$107.9M
  • Dividend yield18.12%
  • 1-year return+10.23%
  • Holdings32

GIAX ETF price chart

GIAX quote & trading statistics

GIAX performance

Annual returns & drawdowns →
  • YTD+9.70%
  • 1 year+10.23%
1Y volatility
28.12%
3Y volatility
0.00%
3Y Sharpe ratio
0.00

Returns include reinvested distributions; 3-, 5- and 10-year figures are annualized.

GIAX top 10 holdings

All holdings →
#SymbolNameWeight
1VOOVanguard S&P 500 ETF6.80%
2VBVanguard Index Funds - Vanguard Small-Cap ETF5.49%
3VEAVanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF5.35%
4METAMeta Platforms Inc.5.28%
5JPMJPMorgan Chase & Co5.17%
6PLTRPalantir Technologies Inc.4.45%
7FRDMFreedom 100 Emerging Markets ETF4.39%
8NVDANVIDIA Corporation4.16%
9GOOGLAlphabet Inc Class A4.14%
10MUMicron Technology Inc3.84%

The top 10 holdings make up 49.1% of the fund (32 holdings in total). As of October 25, 2026.

GIAX sector weights

Technology
39.4%
Communication Services
15.7%
Consumer Cyclical
13.3%
Financial Services
12.7%
Industrials
9.2%
Healthcare
2.5%
Basic Materials
2.0%
Energy
2.0%
Consumer Defensive
1.2%
Utilities
0.9%
Real Estate
0.9%

GIAX region weights

North America
83.8%
Asia Developed
4.6%
Latin America
3.3%
Europe Emerging
2.8%
Europe Developed
2.3%
Japan
1.6%
United Kingdom
0.8%
Asia Emerging
0.4%
Australasia
0.4%
Africa/Middle East
0.3%

GIAX asset allocation

U.S. stocks
84.3%
Non-U.S. stocks
13.4%
Cash
2.2%
Other
0.0%

GIAX market-cap breakdown

Mega cap
48.4%
Large cap
21.0%
Mid cap
17.8%
Small cap
7.5%
Micro cap
4.6%

About Nicholas Global Equity and Income ETF

The fund"s strategy includes two components: (i) holding shares of unaffiliated passively managed ETFs that seek to provide exposure to a range of global equity securities ("Index ETFs") and (ii) selling daily index credit call spreads ("Index Call Spreads") on equity securities or equity indices. The fund is non-diversified.

GIAX ETF FAQ

What is the GIAX expense ratio?

Nicholas Global Equity and Income ETF has a net expense ratio of 104.00%, or $10400.00 a year for every $10,000 invested.

How much money is in GIAX?

Nicholas Global Equity and Income ETF has about $107.9M in net assets.

What are the top holdings of GIAX?

The largest positions in GIAX are Vanguard S&P 500 ETF (6.80%), Vanguard Index Funds - Vanguard Small-Cap ETF (5.49%), Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF (5.35%). The fund holds 32 securities in total.

How has GIAX performed?

GIAX returned +10.23% over the past year, including reinvested distributions.

Does GIAX pay dividends?

GIAX has a dividend yield of 18.12% and pays distributions weekly.

When was GIAX launched?

Nicholas Global Equity and Income ETF began trading on July 29, 2024.