# Nicholas Fixed Income Alternative ETF

Nicholas Fixed Income Alternative ETF is a ETF series of Tidal Trust II (series S000078265). Net assets $134.9M as of 2026-04-30.

## Profile

- Series ID: S000078265
- Registrant: Tidal Trust II
- LEI: 549300VYZDTOVYWG3H64
- Net assets: $134.9M
- Total assets: $137.2M
- As of: 2026-04-30
- Type: ETF

## Advisers

- [Tidal Investments LLC (Advisor)](https://search.stillhousedata.com/firm/164201)
- [Nicholas Wealth Management (Subadvisor)](https://search.stillhousedata.com/firm/282635)

## Top holdings (14 reported)

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [US TREASURY N/B](https://search.stillhousedata.com/security/91282CNH0) | — | $33.6M | 2491.69% |
| [United States Treasury Note/Bond](https://search.stillhousedata.com/security/91282CJC6) | — | $32.7M | 2428.32% |
| [US TREASURY N/B](https://search.stillhousedata.com/security/91282CQJ3) | — | $30.9M | 2291.61% |
| [US TREASURY N/B](https://search.stillhousedata.com/security/91282CQG9) | — | $30.7M | 2278.80% |
| [US TREASURY N/B](https://search.stillhousedata.com/security/912810FT0) | — | $5.2M | 389.06% |
| SPXW US 06/18/26 C6950 | — | $2.3M | 171.56% |
| [First American Government Obli](https://search.stillhousedata.com/security/31846V336) | — | $566K | 41.99% |
| HYG US 06/18/26 P76 | — | $150K | 11.13% |
| SPXW US 07/31/26 P6350 | — | $125K | 9.28% |
| SPXW US 07/31/26 P6150 | — | $76K | 5.61% |
| SPXW US 07/31/26 P6500 | — | $-122K | -9.06% |
| SPXW US 07/31/26 P6700 | — | $-206K | -15.29% |
| SPXW US 06/18/26 C7400 | — | $-481K | -35.67% |
| HYG US 06/18/26 P81 | — | $-1.5M | -108.07% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-04-30 | $134.9M |
| 2026-01-31 | $145.4M |
| 2025-10-31 | $154.8M |
| 2025-07-31 | $158.3M |
| 2025-04-30 | $155.8M |
| 2025-01-31 | $163.2M |
| 2024-10-31 | $158.9M |
| 2024-07-31 | $63.1M |

## More

- [Registrant: Tidal Trust II](https://search.stillhousedata.com/registrant/1924868)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000078265.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.