IWMI
NEOS Russell 2000 High Income ETF
IWMI at a glance
IWMI (NEOS Russell 2000 High Income ETF) currently pays a 14.4% distribution yield, paid monthly. On a $10,000 investment that works out to about $1,440 a year, or roughly $120 a month before taxes. That yield ranks #136 of the 218 income ETFs we track.
It charges an expense ratio of 0.68%, which is middle of the pack among the ETFs we track (about $68 a year per $10,000 invested) and it manages $1.2B in assets.
Yield is only half the story. IWMI's total return since it launched on June 25, 2024 is +38% (about +15% per year), and our data flags price decay, meaning the share price is below where it started. Part of the income has been offset by a shrinking share price, so look at the total return, not just the payout.
How much will IWMI pay you?
At today's yield, before taxes. Open the full IWMI dividend calculator →
Where IWMI ranks
#136 of 218 among income ETFsBetter than 38% of funds → see the listFee rank (lowest)
#60 of 170 cheapest firstBetter than 65% of funds → see the listSize rank
#87 of 271 by assetsBetter than 68% of funds → see the listAnnualized return rank
#54 of 142 funds with 1+ yearBetter than 62% of funds → see the list
ETFs similar to IWMI
| ETF | Yield | $10K / yr | Expense | AUM | Annualized | Price decay | |
|---|---|---|---|---|---|---|---|
| IWMINEOS Russell 2000 High Income ETF | 14.4% | $1,440 | 0.68% | $1.2B | +15% | Yes | This fund |
| YYYAmplify High Income ETF | 12.2% | $1,220 | 0.50% | $735M | +4.5% | Yes | Compare |
| ITWOProShares Russell 2000 High Income ETF | 9.0% | $900 | 0.55% | $167M | +16% | No | Compare |
| RYLDGlobal X Russell 2000 Covered Call ETF | 12.2% | $1,220 | 0.60% | $1.4B | +5.5% | Yes | Compare |
| IAUINEOS Gold High Income ETF | 11.8% | $1,180 | 0.78% | $583M | +9.7% | No | Compare |
| MLPIMLP & Energy Infrastructure High Income ETF | 14.8% | $1,480 | 0.68% | $934M | n/a | No | Compare |
| QQQINEOS Nasdaq 100 High Income ETF | 14.0% | $1,400 | 0.68% | $14.1B | +20% | No | Compare |
Compare IWMI with
Frequently asked questions
What is IWMI's dividend yield?
IWMI currently has a distribution yield of 14.4%, based on the TopETFs database. Yields change as payouts and the share price move.
How often does IWMI pay dividends?
IWMI pays monthly, which is about 12 payments a year.
How much does $10,000 in IWMI pay?
At a 14.4% yield, $10,000 in IWMI pays about $1,440 a year, or roughly $120 a month before taxes.
What is IWMI's expense ratio?
IWMI charges 0.68% a year, about $68 for every $10,000 invested.
Does IWMI have price decay?
Yes. IWMI's share price is below where it started, so part of its income has been offset by a falling share price. Its total return since inception is +38%.
Disclaimer: For educational purposes only, not financial advice or a recommendation to buy or sell. ETF data comes from the TopETFs database, refreshes daily and may be delayed, incomplete or outdated. Yields are trailing distribution yields and payouts can change or stop. Total return is since the fund's inception. Price chart and quote provided by TradingView and may be delayed. Always check the fund issuer's website and prospectus before investing. Full disclaimer.
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