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FIAX vs BRHY

Nicholas Fixed Income Alternative ETF vs iShares High Yield Active ETF

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$135M

BRHY

iShares High Yield Active ETF

Annual cost

0.45%

Fund size

$100M

Key differences

  • BRHY costs 0.52% less per year.
  • FIAX is classified as alternative, while BRHY is fixed income — different risk/return profiles.
  • FIAX covers north america markets; BRHY covers global.
  • FIAX follows a option income strategy; BRHY uses index tracking.

Side-by-side comparison

FIAXBRHY
Annual cost (TER)0.97%0.45%
Fund size (AUM)$135M$100M
Since20222024
Dividend yield8.18%6.66%
Asset classalternativefixed income
Regionnorth americaglobal
Strategyoption incomeindex tracking
CAGR 1Y+5.6%+9.4%
CAGR 3Y+3.5%N/A
CAGR 5YN/AN/A
Sharpe 3Y0.00N/A
Volatility 1Y4.27%3.28%
Max drawdown-6.26%-4.42%

Similar to FIAX and BRHY