Defiance R2000 Enhanced Options Income ETF (IWMY)

NYSEARCA: IWMY · Real-Time Price · USD
25.82
-0.49 (-1.86%)
At close: Mar 28, 2025, 4:00 PM
25.90
+0.08 (0.31%)
After-hours: Mar 28, 2025, 7:50 PM EDT
-1.86%
Assets $144.39M
Expense Ratio 0.99%
PE Ratio n/a
Shares Out 4.09M
Dividend (ttm) $28.44
Dividend Yield 110.13%
Ex-Dividend Date Mar 27, 2025
Payout Ratio n/a
1-Year Return -51.57%
Volume 129,307
Open 26.32
Previous Close 26.31
Day's Range 25.72 - 26.30
52-Week Low 25.67
52-Week High 50.70
Beta n/a
Holdings 10
Inception Date Oct 30, 2023

About IWMY

Fund Home Page

The Defiance R2000 Enhanced Options Income ETF (IWMY) is an exchange-traded fund that mostly invests in small-cap stocks. IWMY, an actively managed ETF, uses an options selling strategy to attempt to provide capped enhanced daily income to the value of the Russell 2000 Index. Secondarily, the fund seeks monthly distributions. IWMY was launched on Oct 30, 2023 and is issued by Defiance.

Asset Class Equity
Category Trading--Miscellaneous
Region North America
Stock Exchange NYSEARCA
Ticker Symbol IWMY
ETF Provider Defiance

Top 10 Holdings

100.00% of assets
Name Symbol Weight
United States Treasury Notes 3.88% T 3.875 01.15.26 22.71%
United States Treasury Notes 3% T 3 07.15.25 20.92%
United States Treasury Bills 0% B 0 06.12.25 13.48%
United States Treasury Bills 0% WIB 0 05.15.25 13.48%
United States Treasury Bills 0% B 0 08.14.25 13.42%
United States Treasury Notes 2.63% T 2.625 04.15.25 10.74%
First American Government Obligations Fund FGXXX 4.23%
DEPOSITS WITH BROKER FOR SHORT POSITIONS n/a 2.60%
Cash Offset n/a 0.67%
RUTW US 03/26/25 P2105 n/a -2.25%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Mar 27, 2025 $0.3212 Mar 28, 2025
Mar 20, 2025 $0.3212 Mar 21, 2025
Mar 13, 2025 $0.3287 Mar 14, 2025
Mar 6, 2025 $0.2826 Mar 7, 2025
Feb 27, 2025 $0.2573 Feb 28, 2025
Feb 20, 2025 $0.2687 Feb 21, 2025
Full Dividend History

News

IWMY: Likely To Become Insolvent In A Few Years Unless Strategy Changes

Demand for high-yielding stock investments surged in 2020, leading to the popularity of options-selling strategies, with funds like IWMY offering high yields but high risks. IWMY's strategy of selling...

5 months ago - Seeking Alpha

Beyond The High Yield: A Look At IWMY's Strategy And Potential Risks

IWMY's 51% yield is unusually high and potentially unsustainable, with significant risks due to its options-based strategy and return of capital distributions. The fund's strategy involves selling sho...

5 months ago - Seeking Alpha

Defiance Announces Shift to Weekly Distributions and Name Change for 0DTE Income ETF Suite

MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in thematic and income-based exchange-traded funds (ETFs), is excited to announce the renaming and strategy update for its ...

Other symbols: QQQY
6 months ago - GlobeNewsWire

IWMY: Flawed Strategy Leading To Capital Erosion

IWMY's in-the-money option strategy with short expiration dates leads to capital decay. This leads to IWMY underperforming the Russell 2000 and other covered call ETFs like FEPI. Despite a 110.9% yiel...

6 months ago - Seeking Alpha

Tidal Financial Group Announces Name Changes and Enhanced Options Strategies for Defiance ETFs

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce upcoming changes effective September 26, 2024, to enhance the offerings of three Defiance ETFs:

Other symbols: QQQY
7 months ago - GlobeNewsWire

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%).

Other symbols: QQQTQQQYSPYTUSOY
7 months ago - GlobeNewsWire

Defiance Announces 1-for-3 Reverse Stock Split of QQQY, JEPY, and IWMY ETFs

CHICAGO and MILWAUKEE and NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group announced today that the Board of Trustees of Tidal Trust II has approved a one-for-three (1-for-3) reverse ...

Other symbols: QQQY
9 months ago - GlobeNewsWire

IWMY: Extracting High Dividends From The Russell 2000, Works Only In One Scenario

IWMY is an ETF that uses options to try to generate high yields from the Russell 2000 (IWM). It achieves this by selling cash-covered puts, which limits potential upside but provides downside protecti...

9 months ago - Seeking Alpha

Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).

MIAMI, June 28, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF,...

Other symbols: QQQTQQQYSPYTUSOY
9 months ago - GlobeNewsWire

IWMY: That Yield Is Too Good To Be True

Defiance R2000 Enhanced Options Income ETF (IWMY) is an income-oriented fund based on the Russell 2000 small-cap index. IWMY sells short-dated puts on the Russell 2000 to generate income, but most of ...

10 months ago - Seeking Alpha

84 Monthly Paid Dividend Stocks And 80 Funds For April

Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchan...

1 year ago - Seeking Alpha

IWMY: Capitalizing On The Potential Bull Run In U.S. Small Caps

IWMY is an actively managed ETF focused on generating current income for investors. The fund uses a strategy of holding U.S. Treasuries as collateral to reduce counterparty risk and selling put option...

1 year ago - Seeking Alpha

82 Monthly Paid Dividend Stocks And 80 Funds For March

Imagine stocks or funds that pay-out their dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more! These March U.S...

1 year ago - Seeking Alpha

**Defiance ETFs Announces Monthly Distributions on $QQQY (56.49%), $JEPY (37.85%), and $IWMY (78.85%)

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, ...

1 year ago - Business Wire

Defiance Expands ETF Option-Income Offerings with the Treasury Alternative Yield ETF (TRES)

NEW YORK--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance, a leader provider of options and income ETFs, today announced the launch of TRES, the Defiance Treasury Alternative Yield ETF (TRES). The fund will...

1 year ago - Business Wire

IWMY: 57% Yield And Rapid Decay

Option popularity has skyrocketed, and the funds engaging in this arena have proliferated. Why delay gratification with LEAPs or monthly options when you get 57% yield via shorter term option selling?...

1 year ago - Seeking Alpha

**Defiance ETFs Announces Monthly Distributions on $QQQY (40.79%), $JEPY (32.48%), and $IWMY (57.22%)

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, ...

1 year ago - Business Wire

Defiance Suite of Daily Options (0DTE) Income ETFs, $QQQY, $JEPY & $IWMY Surpass $400M AUM

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneering force in the world of thematic and income-based exchange-traded funds (ETFs), is thrilled to announce a remarkable achievement as it...

1 year ago - Business Wire

**Defiance ETFs Announces Monthly Distributions on $QQQY (60.52%), $JEPY (42.14%), and $IWMY (71.95%).

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, ...

1 year ago - Business Wire

Defiance Suite of Daily Options (0DTE) Income ETFs, $QQQY, $JEPY, & $IWMY Surpass $300M AUM

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneering force in the world of thematic and income-based exchange-traded funds (ETFs), is thrilled to announce a remarkable achievement as it...

1 year ago - Business Wire

** Defiance Launches $IWMY, the Only ETF to Utilize Daily Options on the Russell 2000 for Enhanced Income. Paid Monthly1.

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneer in thematic and income ETFs, proudly introduces IWMY, the Defiance R2000 Enhanced Options Income ETF. IWMY, an actively managed put-wri...

1 year ago - Business Wire