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SPYT vs IWMI

Defiance S&P 500 Target Income vs NEOS Russell 2000 High Income ETF

SPYT

Defiance S&P 500 Target Income

Annual cost

0.92%

Fund size

$152M

IWMI

NEOS Russell 2000 High Income ETF

Annual cost

0.68%

Fund size

$909M

Key differences

Both SPYT and IWMI are alternative ETFs. SPYT charges 0.92% a year and IWMI 0.68%. The main difference: IWMI costs 0.24% less per year.

  • IWMI costs 0.24% less per year.
  • IWMI is much larger than SPYT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

SPYTIWMI
Annual cost (TER)0.92%0.68%
Fund size (AUM)$152M$909M
Since20242024
Dividend yield20.29%1.71%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomeoption income
CAGR 1Y+20.3%+34.2%
CAGR 3YN/AN/A
CAGR 5YN/AN/A
Sharpe 3YN/AN/A
Volatility 1Y11.38%15.35%
Max drawdown-18.24%-23.88%

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

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