ATLASNicholas Global Equity and Income ETF (GIAX): outlook, holdings and fees
Nicholas Global Equity and Income ETF (GIAX) is an exchange-traded fund and is managed by Nicholas Wealth Management. The expense ratio is 104.00% and the yield is 18.12%. The ten largest holdings are 49% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on GIAX
| Last price | $14.50 (+1.3%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 51% |
| Likely 1-month range (50%) | $13.81 – $15.29 |
| Normal 1-day range (±1σ) | ±1.7% |
| Distribution yield | 18.12% · weekly |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
GIAX fund facts
| Issuer | Nicholas Wealth Management |
|---|---|
| Theme | Bonds (broad) |
| Assets under management | $116M |
| Expense ratio | 104.00% |
| Number of holdings | 31 |
| Inception | Jul 29, 2024 |
| Exchange | NYSE |
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 top holdings
| Holding | Sector | Weight |
|---|---|---|
| Vanguard S&P 500 ETF VOO | – | 6.44% |
| Meta Platforms Inc. META | Communication Services | 5.41% |
| Vanguard Index Funds - Vanguard Small-Cap ETF VB | – | 5.30% |
| Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF VEA | – | 5.08% |
| Yandex NV YNDX | Communication Services | 4.76% |
| JPMorgan Chase & Co JPM | Financial Services | 4.45% |
| Freedom 100 Emerging Markets ETF FRDM | – | 4.65% |
| Micron Technology Inc MU | Technology | 4.40% |
| Palantir Technologies Inc. PLTR | Technology | 4.56% |
| Alphabet Inc Class A GOOGL | Communication Services | 4.00% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
GIAX sector breakdown
| Sector | Weight |
|---|---|
| Technology | 41.8% |
| Communication Services | 16.6% |
| Financial Services | 12.3% |
| Industrials | 10.4% |
| Consumer Cyclicals | 9.8% |
| Healthcare | 2.5% |
| Basic Materials | 2.0% |
| Energy | 1.8% |
| Consumer Defensive | 1.2% |
| Real Estate | 0.9% |
| Utilities | 0.9% |
By region: North America 83.8%, Asia Developed 5.2%, Latin America 3.2%, Europe Developed 2.5%, Europe Emerging 2.5%.
GIAX returns and risk
| Year to date | +17.8% |
|---|---|
| 1 year | +16.3% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
GIAX: frequently asked questions
What does GIAX invest in?
Nicholas Global Equity and Income ETF invests in a portfolio of securities. Its largest holdings are Vanguard S&P 500 ETF (6.4%), Meta Platforms Inc. (5.4%), Vanguard Index Funds - Vanguard Small-Cap ETF (5.3%), Vanguard Tax-Managed Funds - Vanguard FTSE Developed Markets ETF (5.1%), Yandex NV (4.8%).
What is the GIAX expense ratio?
104.00% a year: about $10,400.00 for every $10,000 invested.
What is the GIAX dividend yield?
18.12%, paid weekly. ATLAS does not hold the exact distribution dates for ETFs.
Will GIAX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 51%, with a likely range (50%) of $13.81 to $15.29 from $14.50 today. It is a probability, not a prediction.
How has GIAX performed?
Year to date +17.8%, one year +16.3%. Past returns do not guarantee future results.
Similar ETFs: Bonds (broad)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Tax-Exempt Bond ETF (VTEB)
- Vanguard Short-Term Bond ETF (BSV)
- JPMorgan Equity Premium Income ETF (JEPI)
- JPMorgan Nasdaq Equity Premium Income ETF (JEPQ)
- Vanguard Intermediate-Term Bond ETF (BIV)
- NEOS S&P 500 High Income ETF (SPYI)
- Dimensional Core Fixed Income ETF (DFCF)
Educational information, not investment advice. Disclaimer