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IWMI vs ITWO

NEOS Russell 2000 High Income ETF vs ProShares Russell 2000 High Income ETF

IWMI

NEOS Russell 2000 High Income ETF

Annual cost

0.68%

Fund size

$806M

ITWO

ProShares Russell 2000 High Income ETF

Annual cost

0.55%

Fund size

$178M

Key differences

  • ITWO costs 0.13% less per year.
  • IWMI is significantly larger than ITWO — larger funds tend to be more liquid and less likely to close.
  • IWMI is classified as alternative, while ITWO is equity — different risk/return profiles.
  • IWMI follows a option income strategy; ITWO uses index tracking.

Side-by-side comparison

IWMIITWO
Annual cost (TER)0.68%0.55%
Fund size (AUM)$806M$178M
Since20242024
Dividend yield13.68%10.36%
Asset classalternativeequity
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+38.2%+44.3%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y14.84%18.67%
Max drawdown-23.88%-24.77%

Similar to IWMI and ITWO