{
 "ticker": "GIAX",
 "name": "Nicholas Global Equity and Income ETF",
 "issuer": "Nicholas",
 "desk": "income",
 "url": "https://etfiq.com/funds/giax",
 "html": "https://etfiq.com/funds/giax",
 "markdown": "https://etfiq.com/funds/giax.md",
 "as_of": "2026-09-11",
 "verdict": "Over the year to Sep 11, 2026, GIAX paid 23.3% in cash and still finished 3.4 points behind ACWI.",
 "key_facts": [
  {
   "key": "cash_paid_1_year_on_its_starting_price",
   "label": "Cash paid, 1 year, on its starting price",
   "value": "23.3%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GIAX, cash paid, 1 year, on its starting price: 23.3%, as of Sep 11, 2026."
  },
  {
   "key": "total_return_1_year",
   "label": "Total return, 1 year",
   "value": "+15.8%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GIAX, total return, 1 year: +15.8%, as of Sep 11, 2026."
  },
  {
   "key": "against_acwi",
   "label": "Against ACWI",
   "value": "\u22123.4 pts",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GIAX, against ACWI: \u22123.4 pts, as of Sep 11, 2026."
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "24.5%",
   "source": null,
   "as_of": "2026-09-11",
   "sentence": "GIAX, latest payout, annualized: 24.5%, as of Sep 11, 2026."
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$86m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026",
   "as_of": "2026-09-11",
   "sentence": "GIAX, net assets: $86m (SEC filing, whole fund, as filed for Apr 30, 2026)."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.03%",
   "source": "485BPOS XBRL, Feb 23, 2026",
   "as_of": "2026-09-11",
   "sentence": "GIAX, expense ratio: 1.03% (485BPOS XBRL, Feb 23, 2026)."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "All-country world (ACWI)",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "net_assets",
   "label": "Net assets",
   "value": "$86m",
   "source": "SEC filing, whole fund, as filed for Apr 30, 2026"
  },
  {
   "key": "latest_payout_annualized",
   "label": "Latest payout, annualized",
   "value": "24.5%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "1.03%",
   "source": "485BPOS XBRL, Feb 23, 2026"
  },
  {
   "key": "cash_paid_last_12_months_over_today_s_price",
   "label": "Cash paid, last 12 months, over today\u2019s price",
   "value": "25.9%",
   "source": "ETFIQ"
  },
  {
   "key": "launched",
   "label": "Launched",
   "value": "Jul 30, 2024",
   "source": null
  },
  {
   "key": "pays",
   "label": "Pays",
   "value": "weekly",
   "source": null
  },
  {
   "key": "typical_gap_between_ex_dates",
   "label": "Typical gap between ex-dates",
   "value": "7 days",
   "source": null
  },
  {
   "key": "typical_wait_from_ex_date_to_payment",
   "label": "Typical wait from ex-date to payment",
   "value": "1 day",
   "source": null
  },
  {
   "key": "last_paid_per_share",
   "label": "Last paid, per share",
   "value": "$0.075 ex Sep 11, 2026",
   "source": null
  },
  {
   "key": "sum_of_the_last_12_distributions",
   "label": "Sum of the last 12 distributions",
   "value": "$0.8923",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "5.7%",
   "Price": "\u22127.6%",
   "Total return": "\u22121.9%",
   "ACWI": "+3.1%",
   "Ahead or behind": "\u22125.0 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "13.1%",
   "Price": "+7.9%",
   "Total return": "+21.7%",
   "ACWI": "+15.6%",
   "Ahead or behind": "+6.1 pts"
  },
  {
   "window": "1 year",
   "Cash paid": "23.3%",
   "Price": "\u22129.8%",
   "Total return": "+15.8%",
   "ACWI": "+19.1%",
   "Ahead or behind": "\u22123.4 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "44.9%",
   "Price": "\u221220.1%",
   "Total return": "+33.2%",
   "ACWI": "+47.3%",
   "Ahead or behind": "\u221214.1 pts"
  }
 ],
 "questions": [
  {
   "q": "How much has GIAX paid over the last year?",
   "a": "Over the year to Sep 11, 2026, GIAX paid 23.3% of its starting price in cash distributions, while the price fell 9.8%."
  },
  {
   "q": "Is GIAX ahead of ACWI?",
   "a": "Over the year to Sep 11, 2026, with every distribution reinvested, GIAX returned +15.8% against +19.1% for All-country world (ACWI), so a holder was behind it by 3.4 points."
  },
  {
   "q": "How often does GIAX pay, and how much?",
   "a": "GIAX pays weekly. The latest distribution annualizes to 24.5% at its price on Sep 11, 2026, which is not a promise; the next one can differ."
  },
  {
   "q": "When does GIAX next pay a distribution?",
   "a": "GIAX pays weekly. The last distribution went ex on Sep 11, 2026 at $0.075 a share. The next is not declared; on a cadence of about 7 days the ex-date falls near Sep 18, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 1 day."
  },
  {
   "q": "What does GIAX cost?",
   "a": "The prospectus expense ratio is 1.03% a year."
  }
 ],
 "generated": "2026-09-13",
 "license": "Free to use with attribution. ETFIQ (etfiq.com)."
}