FIAX vs THY
Nicholas Fixed Income Alternative ETF vs Toews Agility Shares Dynamic Tactical Income ETF
Which is better, FIAX or THY?
Each has led over a different period.
FIAX has a lower expense ratio. FIAX led over 1Y, THY over 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FIAX | THY |
|---|---|---|
| Expense Ratio | 0.97%Best | 1.04% |
| AUM | $121M | $88M |
| Dividend Yield | 8.35% | 5.29% |
| Holdings | 22 | 7 |
| YTD Return | +1.06%Best | -0.29% |
| 1Y Return | +2.27%Best | -0.16% |
| 3Y Return (annualized) | +3.22% | +5.01%Best |
| 5Y Return (annualized) | - | +1.63% |
| Volatility (annualized) | 3.5%Best | 3.9% |
| Max Drawdown | -6.3% | -4.0%Best |
| $10,000 over 3.9 years | $11,179 | $11,277Best |
| Fund Family | XFunds | TOEWS Funds |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Nov 29, 2022 | Jun 25, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Nov 30, 2022 to Oct 14, 2026 (3.9 years).
FIAX vs THY growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 3.9 years both funds cover.
FIAX vs THY Performance
Nicholas Fixed Income Alternative ETF (FIAX) is an ETF from XFunds and Toews Agility Shares Dynamic Tactical Income ETF (THY) is an ETF from TOEWS Funds. Over the past year FIAX returned +2.27% while THY returned -0.16%. Year to date, FIAX is up 1.06% versus a loss of 0.29% for THY.
Over three years, FIAX compounded at +3.22% per year against +5.01% for THY. Across the full 4-year window we track, THY has the edge at +3.13% annualized vs +2.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
THY has been the more volatile fund, with annualized monthly volatility of 3.9% compared with 3.5% for FIAX. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.3% for FIAX and -4.0% for THY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
FIAX charges 0.97% per year while THY charges 1.04%. On a $10,000 position that is $97 vs $104 annually, a gap of $7 per year that compounds over a long holding period. On income, FIAX currently yields 8.35% against 5.29% for THY.
You are not choosing between two funds in isolation.
Whichever of FIAX and THY you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FIAX or THY?
FIAX has an expense ratio of 0.97% while THY charges 1.04%. FIAX is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, FIAX or THY?
Over the past year FIAX returned +2.27% vs -0.16% for THY, so FIAX leads on 1-year performance. Over the longest common window we track (4 years), FIAX annualized +2.90% vs +3.13% for THY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FIAX or THY?
THY has been the more volatile fund at 3.9% annualized versus 3.5% for FIAX. Worst drawdown: FIAX -6.3% vs THY -4.0%.
Should I hold both FIAX and THY?
FIAX and THY have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FIAX or THY?
FIAX yields 8.35% while THY yields 5.29%, so FIAX currently pays the higher dividend yield.
Is THY better than FIAX?
FIAX has a lower expense ratio. FIAX led over 1Y, THY over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.