Defiance R2000 Enhanced Options Income ETF (IWMY)
| Assets | $144.39M |
| Expense Ratio | 0.99% |
| PE Ratio | n/a |
| Shares Out | 3.67M |
| Dividend (ttm) | $34.59 |
| Dividend Yield | 113.89% |
| Ex-Dividend Date | Dec 19, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -51.47% |
| Volume | 120,430 |
| Open | 29.87 |
| Previous Close | 30.05 |
| Day's Range | 29.87 - 30.41 |
| 52-Week Low | 29.87 |
| 52-Week High | 63.54 |
| Beta | n/a |
| Holdings | 11 |
| Inception Date | Oct 30, 2023 |
About IWMY
Fund Home PageThe 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.
Top 10 Holdings
102.72% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3% | T 3 07.15.25 | 26.99% |
| United States Treasury Notes 3.88% | T 3.875 01.15.26 | 19.96% |
| United States Treasury Bills 0% | B 0 03.11.25 | 13.11% |
| United States Treasury Bills 0% | B 0 02.13.25 | 13.11% |
| United States Treasury Bills 0% | B 0 01.16.25 | 13.11% |
| United States Treasury Notes 2.63% | T 2.625 04.15.25 | 10.38% |
| US DOLLARS | n/a | 2.45% |
| DEPOSITS WITH BROKER FOR SHORT POSITIONS | n/a | 2.17% |
| Cash Offset | n/a | 1.37% |
| Government Obligations Fund | FGXXX | 0.07% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $0.270 | Dec 20, 2024 |
| Dec 15, 2024 | $0.2698 | n/a |
| Dec 12, 2024 | $0.325 | Dec 13, 2024 |
| Dec 5, 2024 | $0.257 | Dec 6, 2024 |
| Nov 27, 2024 | $0.360 | Nov 29, 2024 |
| Nov 21, 2024 | $0.322 | Nov 22, 2024 |
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...
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...
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 ...
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...
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:
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%).
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 ...
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...
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,...
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 ...
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...
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...
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...
**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, ...
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...
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?...
**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, ...
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...
**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, ...
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...
** 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...