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NEOS Russell 2000 High Income ETF (IWMI)

$49.14

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Key data on IWMI

AUM

$1.32B

P/E ratio

15.2

Dividend yield

14.8283%

Expense ratio

0.68%

Beta

0.960375

Price on IWMI

Previous close

$48.96

Today's open

$49

Day's range

$48.85 - $49.17

52 week range

$45.64 - $53.86

Profile about IWMI

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Headquarters

US

Exchange

CBOE Global Markets BZX

Issue type

Exchange-Traded Fund

IWMI industries and sectors

Equities

Domestic

Large-Cap

Blend

Top holdings in IWMI
News on IWMI

High Yield And Tax Advantaged Income Funds From NEOS (October Update)

Goldman Sachs is acquiring NEOS Investments, adding $30B in active income ETFs to its platform, solidifying its position as a top active ETF provider. NEOS ETFs offer high monthly, tax-advantaged distributions, primarily via options strategies and return of capital, enhancing income and tax efficiency. Risks include volatility, interest rate sensitivity, and limited history for new funds; alternatives like crypto ETFs are speculative and best approached cautiously.

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Seeking Alpha • Oct 27, 2026

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3 High-Yield ETFs Paying 12.4% to 62.4%, but Only 2 Made Money in 2026

Three ETFs are paying yields that stretch into the double digits, yet their share prices all finished the year lower. Whether that income actually made investors money depends entirely on which fund you held.

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24/7 Wall Street • Oct 27, 2026

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RDTE Vs. IWMI: Same Index But Very Different Income Outcomes

I compare RDTE (Roundhill Russell 2000 0DTE Covered Call Strategy ETF) and IWMI (NEOS Russell 2000 High Income ETF) for income-focused investors. I maintain a sell rating on RDTE due to ongoing capital erosion risk, despite its high yield, and downgrade IWMI to hold amid a clear downtrend. IWMI's structure and monthly distribution policy make it preferable in positive market momentum, while RDTE may only outperform in highly volatile, choppy markets.

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Seeking Alpha • Oct 9, 2026

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Undercovered Dozen: Brookfield Renewable, Annaly Capital, Seagate, And More

The Undercovered Dozen series spotlights 12 lesser-covered stocks featured on Seeking Alpha. This curated selection aims to provide fresh investment ideas and foster community discussion around under-the-radar equities. Readers are encouraged to engage, share perspectives, and highlight additional overlooked investment opportunities.

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Seeking Alpha • Oct 7, 2026

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How A $1,000,000 Portfolio Built Around IWMI Can Pay $7,000 A Month

With the 10-year Treasury at 5.17%, I think an equity income portfolio only makes sense if it pays clearly more than bonds and still participates in the market. I would build a $1 million portfolio around IWMI (40%), SCHD (25%), VYMI (15%), JEPI (10%), and JEPQ (10%), for a blended trailing yield of ~8.7%, or ~$86,900 a year. IWMI is 40% of the capital and ~63% of the income. Over the past year it kept ~97% of the Russell 2000's total return while distributing ~13.7%.

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Seeking Alpha • Sep 29, 2026

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Forget the 4 Percent Rule: These 3 ETFs Turn $500,000 Into More Than $55,000 a Year Without Selling a Share

Selling shares in retirement hands the market control over your income, but three ETFs built on options premiums and leveraged preferred stock flip that equation entirely, and not all of them work the same way in a taxable account.

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24/7 Wall Street • Sep 15, 2026

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Seeking Diversified, High-Yield Income As The Outcome With Five NEOS ETFs

NEOS ETFs offer high-yield, monthly income across diverse asset classes, avoiding large-cap tech exposure and enhancing portfolio diversification. Goldman Sachs' planned $2.25B acquisition of NEOS underscores the platform's rapid growth and innovation in options-based income ETFs. Five NEOS funds—NIHI, MLPI, IYRI, IWMI, and IAUI—provide yields from 9.7% to 14.5%, with strategies tailored to international, MLP, real estate, small cap, and gold assets.

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Seeking Alpha • Sep 15, 2026

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$250,000 in These 3 High-Income ETFs Could Pay You ~$2,800 a Month

Options-income ETFs now offer monthly payouts that dwarf what traditional dividend stocks provide, but before you move a dollar, there are tax mechanics and capital preservation risks that most income investors completely overlook.

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24/7 Wall Street • Sep 11, 2026

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3 Covered Call ETFs Paying Up to 14% by Selling the Market's Volatility

Contact [email protected] for any questions or corrections.

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24/7 Wall Street • Aug 25, 2026

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These 3 ETFs Yield Up to 12 Percent and the IRS Barely Touches the Payouts

Three exchange-traded funds from NEOS have carved out a niche appealing to income seekers frustrated with how much of their yield ends up on a 1099-DIV as ordinary income.

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24/7 Wall Street • Aug 19, 2026

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