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IWMI vs QQQT

NEOS Russell 2000 High Income ETF vs Defiance Nasdaq 100 Income Target ETF

IWMI

NEOS Russell 2000 High Income ETF

Annual cost

0.68%

Fund size

$909M

QQQT

Defiance Nasdaq 100 Income Target ETF

Annual cost

1.20%

Fund size

$44M

Key differences

Both IWMI and QQQT are alternative ETFs. IWMI charges 0.68% a year and QQQT 1.20%. The main difference: IWMI follows a option income strategy; QQQT uses index tracking.

  • IWMI follows a option income strategy; QQQT uses index tracking.
  • IWMI costs 0.52% less per year.
  • IWMI is much larger than QQQT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

IWMIQQQT
Annual cost (TER)0.68%1.20%
Fund size (AUM)$909M$44M
Since20242024
Dividend yield1.71%18.88%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeindex tracking
CAGR 1Y+34.2%+29.8%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y15.35%15.84%
Max drawdown-23.88%-22.51%

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

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