---
ticker: "GIAX"
name: "Nicholas Global Equity and Income ETF"
url: "https://etf.net/etf/GIAX"
grade: "D"
score: 35
graded_at: "2026-10-12"
category: "Index Option Income"
category_rank: "19 of 25"
methodology: "https://etf.net/methodology"
---

# GIAX: Nicholas Global Equity and Income ETF

Grade **D**, Score 35 of 100. Rank 19 of 25 in Index Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 23 | 19 of 25 |
| Mission | Not scored | — |
| Risk | 28 | 21 of 25 |
| Tradability | 38 | 20 of 25 |
| Holdings | 74 | 7 of 19 |
| Durability | 56 | 13 of 25 |

## Top holdings

The fund holds 64 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | VOO | Vanguard S&P 500 ETF | 6.19% |
| 2 | META | Meta Platforms Inc | 5.68% |
| 3 | VB | Vanguard Morningstar Small-Cap ETF | 5.11% |
| 4 | VEA | Vanguard Ftse Developed Etf | 5.05% |
| 5 | NBIS | Nebius Group NV | 4.56% |
| 6 | JPM | JPMorgan Chase & Co. | 4.53% |
| 7 | FRDM | Freedom 100 Emerging Markets ETF | 4.46% |
| 8 | MU | Micron Technology Inc | 4.41% |
| 9 | PLTR | Palantir Technologies Inc | 4.39% |
| 10 | GOOGL | Alphabet Inc | 4.20% |
| 11 | NVDA | NVIDIA Corp | 4.18% |
| 12 | AMZN | Amazon.com Inc | 3.75% |
| 13 | — | First American Government Obligations Fund 12/01/2031 | 3.57% |
| 14 | MSFT | Microsoft Corp | 3.29% |
| 15 | VOT | Vanguard Morningstar Mid-Cap Growth ETF | 3.12% |
| 16 | TSLA | Tesla Inc | 3.08% |
| 17 | ONON | On Holding AG | 3.04% |
| 18 | AVGO | Broadcom Inc | 2.64% |
| 19 | NOW | ServiceNow Inc | 2.59% |
| 20 | PGY | Pagaya Technologies Ltd | 2.46% |
| 21 | CRDO | Credo Technology Group Holding Ltd | 2.27% |
| 22 | SPCX | Space Exploration Technologies Corp | 2.24% |
| 23 | ILF | iShares Latin America 40 ETF | 2.24% |
| 24 | V | Visa Inc | 2.15% |
| 25 | ORCL | Oracle Corp | 2.07% |
| 26 | EWT | iShares MSCI Taiwan ETF | 2.06% |
| 27 | EPOL | iShares MSCI Poland ETF | 2.00% |
| 28 | RKLB | Rocket Lab Corp | 1.87% |
| 29 | IONQ | IonQ Inc | 1.79% |
| 30 | TE | T1 Energy Inc | 1.78% |

Source: etf.net, https://etf.net/etf/GIAX. Please cite the page URL.