GIAX Performance — Nicholas Global Equity and Income ETF
Data updated: 2026-09-28
GIAX returned +5.74% year to date and +8.11% over one year to Jul 2026. Over one year the fund trailed its Global Large Value category average: $100 grew to $108, against $118 for the category. Volatility over the past 12 months was 27.19% a year. In the 12 months to Jul 2026 the fund took in a net $52.3M, and assets reached $101.96M.
GIAX Growth of $100
What $100 invested in Nicholas Global Equity and Income ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Value category average over the same months.
| Period | GIAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $118 |
| Since data start (Jul 2024 – Jul 2026) | $122 | $138 |
GIAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +5.74% |
| 1 year | +8.11% |
| 3 years (annualised) | +9.87% |
GIAX Annual Returns
Calendar-year total returns of Nicholas Global Equity and Income ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +5.74% |
| 2025 | +11.53% |
| 2024 (Jul–Dec) | +3.17% |
GIAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.5% | −2.6% | −7.2% | +14.8% | +16.3% | −3.4% | −10.7% | — | — | — | — | — |
| 2025 | +2.9% | −2.9% | −6.5% | +1.8% | +7.9% | +4.4% | +1.7% | +0.2% | +2.8% | +2.2% | −1.5% | −1.6% |
| 2024 | — | — | — | — | — | — | +0.6% | +0.9% | +1.6% | −1.0% | +4.8% | −3.5% |
GIAX Risk
Risk measures from monthly returns over Aug 2025 – Jul 2026.
- 1-year volatility (annualised): 27.19%
- Best month: +16.28% (May 2026)
- Worst month: −10.69% (Jul 2026)
GIAX Fund Flows
Monthly money in and out of Nicholas Global Equity and Income ETF, from SEC Form N-PORT.
- 12-month net flow: $52.3M
- 12-month gross sales (incl. reinvestments): $60.1M
- Sales ÷ redemptions: 7.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $6.9M | $859K | $6.0M |
| Jun 2026 | $15.0M | $0 | $15.0M |
| May 2026 | $2.6M | $0 | $2.6M |
| Apr 2026 | $2.0M | $3.5M | −$1.5M |
| Mar 2026 | $0 | $2.6M | −$2.6M |
| Feb 2026 | $5.1M | $406K | $4.7M |
| Jan 2026 | $9.1M | $421K | $8.7M |
| Dec 2025 | $8.0M | $0 | $8.0M |
| Nov 2025 | $2.2M | $0 | $2.2M |
| Oct 2025 | $2.2M | $0 | $2.2M |
| Sep 2025 | $4.4M | $0 | $4.4M |
| Aug 2025 | $2.7M | $0 | $2.7M |
GIAX Assets Under Management
Net assets of Nicholas Global Equity and Income ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $101.96M |
| 2026-04-30 | $86.50M |
| 2026-01-31 | $87.71M |
| 2025-10-31 | $74.94M |
| 2025-07-31 | $66.29M |
| 2025-04-30 | $51.20M |
| 2025-01-31 | $50.86M |
| 2024-10-31 | $27.86M |
| 2024-07-31 | $2.51M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.