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GIAXvsFMAGETF Comparison

ETF 1

GIAX

Nicholas Global Equity and Income ETF

This fund is part of

Options Strategies

-0.63%

Full GIAX fund page

VS

ETF 2

FMAG

Fidelity Magellan ETF

This fund is part of

Uncategorized Equities

-0.72%

Full FMAG fund page

Nicholas Global Equity and Income ETF (GIAX) belongs to the Options Strategies segment. Fidelity Magellan ETF (FMAG) is part of the Uncategorized Equities segment. GIAX's top 3 sector exposures are Technology, Finance and Consumer Non-Cyclicals. In contrast, FMAG's top sector exposures are Technology, Industrials and Consumer Non-Cyclicals. GIAX is more expensive with a Total Expense Ratio (TER) of 1.03%, versus 0.57% for FMAG. GIAX is up 6.92% year-to-date (YTD) with +$33M in YTD flows. FMAG performs worse with 3.82% YTD performance, and -$27M in YTD flows. Run a side-by-side ETF comparison of GIAX and FMAG below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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GIAX vs FMAG performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 07/17/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	GIAX FMAG	-10.95%-2.06%	+0.50%+0.15%	+6.92%+3.82%	+10.09%+2.34%	n/a+59.65%	n/a+59.93%
Flows	GIAX FMAG	+$14M-$5M	+$23M-$10M	+$33M-$27M	+$56M-$22M	-+$139M	-+$158M

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	GIAX FMAG	+27.12%+18.88%	+22.78%+15.96%	n/a+17.81%	n/a+20.06%
Max drawdown	GIAX FMAG	-14.56%-5.76%	-16.87%-13.95%	n/a-20.04%	n/a-32.85%
Max drawdown duration	GIAX FMAG	46d45d	76d174d	n/a131d	n/a796d

Trading data

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	GIAX	FMAG
Last sale 7/17/2026 at 1:30 PM	$15.38	$35.47
Previous close 07/16/2026	$15.57	$35.86
Consolidated volume 07/16/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Main metrics

Last update 7/17/2026 at 1:30 PM

Live

Closed

	GIAX	FMAG
Last price	$15.38	$35.47
1D performance	-1.22%	-1.08%
AuM	$104.06 M	$244.85 M
E/R	1.03%	0.57%

Characteristics

	GIAX	FMAG
Management strategy	Active	Active
Provider	Nicholas Wealth Management	Fidelity
Benchmark	-	-
N° of holdings	5565	902
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	July 30, 2024	February 4, 2021
ESG	No	No

More GIAX data on Trackinsight

More FMAG data on Trackinsight

Exposure

Countries

GIAX

USA

69.71%

Other

30.29%

FMAG

USA

93.7%

Other

6.3%

Sectors

GIAX

Technology

54.51%

Finance

14.62%

Other

30.87%

FMAG

Technology

50.21%

Industrials

12.65%

Consumer Non-Cycl.

10.31%

Finance

8.39%

Other

18.44%

Diversification

GIAX

Total weight of top 15 holdings out of 15

63.39%

FMAG

Total weight of top 15 holdings out of 15

56.98%

Top 15 holdings

Data as of May 31, 2026

GIAX

Micron Technology, Inc.

6.27%

Nebius Group NV

5.58%

Taiwan Semiconductor Manufacturing Co., Ltd.

4.71%

NVIDIA Corp.

4.59%

Alphabet, Inc.

4.59%

IREN Ltd.

4.31%

Apple, Inc.

4.27%

Amazon.com, Inc.

4.26%

Microsoft Corp.

4.24%

Broadcom Inc.

4.05%

ServiceNow, Inc.

3.81%

Tesla, Inc.

3.80%

Meta Platforms, Inc.

3.57%

Palantir Technologies, Inc.

3.00%

Robinhood Markets, Inc.

2.33%

FMAG

NVIDIA Corp.

11.33%

Amazon.com, Inc.

8.13%

Microsoft Corp.

7.60%

Broadcom Inc.

5.74%

Meta Platforms, Inc.

3.87%

KLA Corp.

2.82%

GE Aerospace

2.28%

Cadence Design Systems, Inc.

2.23%

Synopsys, Inc.

2.17%

Netflix, Inc.

1.93%

Visa, Inc.

1.86%

Analog Devices, Inc.

1.83%

Linde Plc

1.80%

Advanced Micro Devices, Inc.

1.74%

Taiwan Semiconductor Manufacturing Co., Ltd.

1.66%

Frequently asked questions about GIAX and FMAG

How have the GIAX and FMAG ETFs performed in 2026?

As of July 17, 2026, GIAX is up 6.92% year-to-date (YTD), while FMAG has returned 3.82%. That puts GIAX better performer ahead so far this year.

Which ETF is attracting more investor money: GIAX or FMAG?

Year-to-date, the GIAX ETF saw +$33M in flows, compared to -$27M for FMAG.

Which ETF is more volatile: GIAX or FMAG?

Over the past year, GIAX had a volatility of 22.78%, while FMAG experienced 15.96%.

Which ETF is bigger: GIAX or FMAG?

As of July 17, 2026, GIAX holds $104.06 M in assets under management (AUM), while FMAG manages $244.85 M.

What sectors do the GIAX and FMAG ETFs invest in?

GIAX leans toward sectors like Technology and Finance. Meanwhile, FMAG focuses on Technology, Industrials and Consumer Non-Cyclicals.

What are the top holdings of the GIAX ETF and FMAG ETF?

GIAX top holdings include Micron Technology, Inc., Nebius Group NV and Taiwan Semiconductor Manufacturing Co., Ltd.. FMAG holds in its top three: NVIDIA Corp., Amazon.com, Inc. and Microsoft Corp..

Which ETF is more diversified: GIAX or FMAG?

GIAX holds 5658 securities with 63.39% of its assets in the top 15. FMAG has 906 securities and a top 15 weight of 56.98%.

3 Famous Mutual Funds That Deserve an ETF Version

June 19, 2024

FMAG

GIAXvsFMAGETF Comparison

Nicholas Global Equity and Income ETF

Fidelity Magellan ETF

GIAX vs FMAG performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the GIAX and FMAG ETFs performed in 2026?

As of July 17, 2026, GIAX is up 6.92% year-to-date (YTD), while FMAG has returned 3.82%. That puts GIAX better performer ahead so far this year.

Which ETF is attracting more investor money: GIAX or FMAG?

Year-to-date, the GIAX ETF saw +$33M in flows, compared to -$27M for FMAG.

Which ETF is more volatile: GIAX or FMAG?

Over the past year, GIAX had a volatility of 22.78%, while FMAG experienced 15.96%.

Which ETF is bigger: GIAX or FMAG?

As of July 17, 2026, GIAX holds $104.06 M in assets under management (AUM), while FMAG manages $244.85 M.

What sectors do the GIAX and FMAG ETFs invest in?

GIAX leans toward sectors like Technology and Finance. Meanwhile, FMAG focuses on Technology, Industrials and Consumer Non-Cyclicals.

What are the top holdings of the GIAX ETF and FMAG ETF?

GIAX top holdings include Micron Technology, Inc., Nebius Group NV and Taiwan Semiconductor Manufacturing Co., Ltd.. FMAG holds in its top three: NVIDIA Corp., Amazon.com, Inc. and Microsoft Corp..

Which ETF is more diversified: GIAX or FMAG?

GIAX holds 5658 securities with 63.39% of its assets in the top 15. FMAG has 906 securities and a top 15 weight of 56.98%.

3 Famous Mutual Funds That Deserve an ETF Version

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