IWMINEOS Russell 2000 High Income ETF
Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.
By Neos Funds · Launched 2024
Annual Cost
0.68%
#3,674 of 6,040 · average
Fund Size
$1.2B
#1,059 of 6,040 · large
Return (1Y)
+21.1%
Track Record
2 years
#3,560 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$12,090+20.9%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 4 holdings = 100.0% of fundconcentrated
Vanguard Russell 2000 ETF
99.2%
First American Treasury Obliga
0.9%
N/ARUT 4 C2740
-0.0%
N/ARUT 4 C2685
-0.1%
Asset allocation
Stocks
96.2%
Cash
3.1%
Other
0.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
15.0%Moderate
Year-on-year price swings
Max drawdown
-23.9%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.
- Strategy
- Actively manages a portfolio of equity securities and derivative instruments linked to U.S.-listed small-cap companies, primarily through investing in Russell 2000 Underlying ETFs and writing covered RUT call options. Aims for high monthly income and potential equity appreciation, with significant exposure to financials, health care, and industrials sectors.
- Inception date
- June 24, 2024
- Fund family
- Neos Funds
Similar funds
Same asset class, closest by strategy & exposureNext steps
Save IWMI to compare it with other funds, or start building a portfolio.
Data updated on 2026-09-18