IAF vs FIAX

Comparison between abrdn Australia Equity Fund Inc (IAF, ETF) and NICHOLAS FIXED INCOME ALTERNATIVE ETF (FIAX, ETF).

IAF vs FIAX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IAF(ETF)	FIAX(ETF)
Net Assets	$135M	$135M
Expense Ratio	N/A	0.97%
Max Drawdown	83.73%	13.81%
Sharpe Ratio	-0.00	0.19
5Y Beta	0.75	0.15
5Y Dividends CAGR	1.98%	N/A

Net Assets

Winner

IAF

$135M

FIAX

$135M

Expense Ratio

IAF

N/A

FIAX

0.97%

Max Drawdown

IAF

83.73%

Winner

FIAX

13.81%

Sharpe Ratio

IAF

-0.00

Winner

FIAX

0.19

5Y Beta

IAF

0.75

Winner

FIAX

0.15

5Y Dividends CAGR

IAF

1.98%

FIAX

N/A

IAF vs FIAX - Historical Returns

Returns include dividend reinvestment.

Period	IAF	FIAX
1 month	-3.26%	+0.21%
3 months	-4.45%	+1.19%
6 months	+0.31%	+1.13%
1 year	+1.57%	+4.73%
5 years(CAGR)	+1.08%	N/A
10 years(CAGR)	+7.81%	N/A
Max(CAGR)	+7.90%	+3.19%

IAF

-3.26%

Winner

FIAX

+0.21%

IAF

-4.45%

Winner

FIAX

+1.19%

IAF

+0.31%

Winner

FIAX

+1.13%

IAF

+1.57%

Winner

FIAX

+4.73%

5Y(CAGR)

IAF

+1.08%

FIAX

N/A

10Y(CAGR)

IAF

+7.81%

FIAX

N/A

Max(CAGR)

Winner

IAF

+7.90%

FIAX

+3.19%

IAF vs FIAX - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	IAF	FIAX
2026	-1.62%	+1.04%
2025	+14.07%	+2.71%
2024	+8.06%	+4.87%
2023	+11.95%	+3.44%
2022	-19.23%	-0.30%
2021	+26.30%	N/A
2020	+11.14%	N/A
2019	+27.76%	N/A
2018	-16.70%	N/A
2017	+28.33%	N/A
2016	+14.33%	N/A
2015	-9.42%	N/A
2014	-9.81%	N/A
2013	-12.07%	N/A
2012	+23.34%	N/A
2011	-15.81%	N/A
2010	+4.62%	N/A
2009	+72.62%	N/A
2008	-53.84%	N/A
2007	+40.72%	N/A
2006	+21.65%	N/A
2005	+27.45%	N/A
2004	+41.09%	N/A
2003	+57.37%	N/A
2002	+10.82%	N/A
2001	+1.54%	N/A
2000	-15.88%	N/A
1999	-3.17%	N/A

IAF vs FIAX Drawdown Comparison

The maximum drawdown for IAF was -67.63%, occurring on Nov 20, 2008. Recovery took 717 trading sessions.

The maximum drawdown for FIAX was -6.26%, occurring on Apr 21, 2025. Recovery took 229 trading sessions.

The current IAF drawdown is -12.02%. The current FIAX drawdown is -0.44%.

Rank	IAF	FIAX
#1	-67.63% Jan 2, 2008 - Nov 4, 2010	-6.26% Dec 11, 2024 - Nov 11, 2025
#2	-45.13% Mar 15, 2013 - Jan 15, 2020	-2.97% Aug 31, 2023 - Dec 8, 2023
#3	-43.97% Jan 23, 2020 - Nov 16, 2020	-2.40% Feb 10, 2026 - Apr 15, 2026
#4	-33.95% Mar 30, 2022 - Jun 5, 2025	-1.98% Nov 7, 2024 - Nov 29, 2024
#5	-31.78% Jul 23, 2007 - Oct 12, 2007	-1.71% Feb 1, 2024 - May 15, 2024
#6	-28.94% Nov 22, 1999 - May 30, 2002	-1.52% Dec 1, 2022 - Feb 23, 2023
#7	-28.46% Nov 8, 2010 - Jan 14, 2013	-1.52% May 6, 2026 - May 19, 2026
#8	-21.64% Mar 21, 2005 - Aug 31, 2005	-1.21% Oct 14, 2024 - Nov 7, 2024
#9	-20.52% Feb 19, 2004 - Sep 27, 2004	-1.14% Jan 15, 2026 - Feb 9, 2026
#10	-17.53% Jun 3, 2002 - Apr 23, 2003	-1.12% Nov 11, 2025 - Nov 26, 2025
#11	-17.36% May 11, 2006 - Oct 25, 2006	-1.08% Aug 23, 2024 - Sep 13, 2024
#12	-16.20% Feb 11, 2026 - Mar 24, 2026	-0.93% Jul 31, 2024 - Aug 13, 2024
#13	-14.82% Jun 11, 2021 - Mar 24, 2022	-0.71% Sep 19, 2024 - Oct 14, 2024
#14	-14.21% Sep 20, 2005 - Dec 27, 2005	-0.69% Aug 14, 2023 - Aug 28, 2023
#15	-11.12% Oct 31, 2007 - Dec 24, 2007	-0.65% Apr 17, 2026 - May 6, 2026

Correlation

Correlation between IAF and FIAX is 0.91 which considered as a very strong positive correlation - the stocks move almost identically together.

0.91

-101

Dividend Comparison (2000 - 2026)

IAF vs FIAX dividend yield comparison.

Year	IAF	FIAX
2026	5.96%	3.37%
2025	11.30%	8.17%
2024	11.69%	8.11%
2023	11.32%	4.81%
2022	12.53%	0.00%
2021	10.25%	0.00%
2020	9.68%	0.00%
2019	10.54%	0.00%
2018	13.26%	0.00%
2017	10.05%	0.00%
2016	11.99%	0.00%
2015	14.31%	0.00%
2014	12.97%	0.00%
2013	11.97%	0.00%
2012	9.96%	0.00%
2011	12.71%	0.00%
2010	8.93%	0.00%
2009	7.64%	0.00%
2008	21.41%	0.00%
2007	9.32%	0.00%
2006	10.10%	0.00%
2005	9.62%	0.00%
2004	8.07%	0.00%
2003	1.81%	0.00%
2002	2.88%	0.00%
2001	11.52%	0.00%
2000	13.59%	0.00%