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IWMI
+2.41 · +5.05%
$50.23 · BATS

NEOS Russell 2000 High Income ETF (IWMI) ETF Analysis | Derivative Income

Neos Funds · USA
AUM:$654.8M
#– of – in Derivative Income ETFs

Educational tool only – Figures are based on historical data, holdings and expense metrics for informational purposes. This is not financial advice or a recommendation to buy or sell any security. Always conduct your own research or consult a qualified financial adviser.

Market Performance

Up 23.8% over the past year, reflecting strong price momentum.

Cost Efficiency

Ongoing charge of 0.68% — moderate cost. Consider how fees compound over long holding periods.

What is IWMI?

The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.

Performance Highlights

Returns (%)
Top Sectors (%)

Investment Breakdown

Strong Recent Performance
IWMI delivered 23.8% over the past year. Historical returns only — past performance is not indicative of future results.
Moderate Cost
Expense ratio of 0.68%. Consider how fees compound over a long holding period.
Concentrated Holdings
Top 10 holdings account for 100.2% of the ETF — significant weight in a small number of names.
ETF Information
AUM$654.8M
Expense Ratio0.68%
Dividend Yield13.68%
Holdings1
Inception DateJun 2024
Domicile–
Distribution–
Index–
ProviderNeos Funds
Beta–
CategoryDerivative Income
CurrencyUSD
Portfolio Impact

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Compare Equity
Uses ISF.L (iShares FTSE 100 ETF)
Indicators

Performance Metrics

Historical returns

6M
+5.5%
1Y
+18.7%
3Y
+36.0%
5Y
+36.0%
OpenBook InsightIf you had invested £10,000 in IWMI 5 years ago, it would have grown to £13,600 — a gain of £3,600.

Annual Returns

Calendar year performance

IWMI delivered positive returns in 3 of the last 3 calendar years.
YearIWMI
2026 YTD+10.1%
2025+14.8%
2024+6.6%
CAGR 2yr+10.6%
3/3 positive yearsAvg return: +10.5%Worst year: +6.6% (2024)

Technical Analysis Summary

Automated insights from historical price action and indicators

Technical Regime: MIXED
Trend Strength
33%
Negative
Volatility
12.8%
Low
Momentum
-0.9%
30-day change
Support Level
52.11
Key floor
Key Insights
  • Price is consolidating, with low momentum over the recent period.
  • Low volatility environment with a narrower recent trading range.
  • Monitor key support and resistance levels as part of broader risk assessment.
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