Screener
FIAX vs BINC
Nicholas Fixed Income Alternative ETF vs iShares Flexible Income Active ETF
Key differences
- BINC costs 0.57% less per year.
- BINC is significantly larger than FIAX — larger funds tend to be more liquid and less likely to close.
- FIAX is classified as alternative, while BINC is fixed income — different risk/return profiles.
- FIAX follows a option income strategy; BINC uses active selection.
Side-by-side comparison
| FIAX | BINC | |
|---|---|---|
| Annual cost (TER) | 0.97% | 0.40% |
| Fund size (AUM) | $135M | $16.9B |
| Since | 2022 | 2023 |
| Dividend yield | 8.18% | 5.60% |
| Asset class | alternative | fixed income |
| Region | north america | north america |
| Strategy | option income | active selection |
| CAGR 1Y | +5.6% | +6.5% |
| CAGR 3Y | +3.5% | N/A |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 0.00 | N/A |
| Volatility 1Y | 4.27% | 2.29% |
| Max drawdown | -6.26% | -2.69% |
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