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FIAX vs SHYM

Nicholas Fixed Income Alternative ETF vs BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

FIAX

Nicholas Fixed Income Alternative ETF

Annual cost

0.97%

Fund size

$135M

SHYM

BlackRock ETF Trust II - iShares Short Duration High Yield Muni Active ETF

Annual cost

Fund size

Key differences

  • FIAX is classified as alternative, while SHYM is fixed income — different risk/return profiles.
  • FIAX follows a option income strategy; SHYM uses index tracking.
  • Over the last 3 years, SHYM has delivered higher annualized returns.

Side-by-side comparison

FIAXSHYM
Annual cost (TER)0.97%
Fund size (AUM)$135M
Since2022
Dividend yield8.18%
Asset classalternativefixed income
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+5.6%+4.4%
CAGR 3Y+3.5%+5.7%
CAGR 5YN/A+1.2%
Sharpe 3Y0.000.34
Volatility 1Y4.27%3.14%
Max drawdown-6.26%-22.55%

Similar to FIAX and SHYM