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EFAA vs IWMI

Invesco MSCI EAFE Income Advantage ETF vs NEOS Russell 2000 High Income ETF

EFAA

Invesco MSCI EAFE Income Advantage ETF

Annual cost

0.39%

Fund size

$505M

IWMI

NEOS Russell 2000 High Income ETF

Annual cost

0.68%

Fund size

$909M

Key differences

Both EFAA and IWMI are alternative ETFs. EFAA charges 0.39% a year and IWMI 0.68%. The main difference: EFAA follows a index tracking strategy; IWMI uses option income.

  • EFAA follows a index tracking strategy; IWMI uses option income.
  • EFAA covers global markets excluding the US; IWMI covers North America.
  • EFAA costs 0.29% less per year.

Side-by-side comparison

EFAAIWMI
Annual cost (TER)0.39%0.68%
Fund size (AUM)$505M$909M
Since20242024
Dividend yield8.11%1.71%
Asset classalternativealternative
Regionglobal ex usnorth america
Strategyindex trackingoption income
CAGR 1Y+15.2%+30.5%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y12.19%15.15%
Max drawdown-11.97%-23.88%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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