Proshares Russell 2000 High Income ETF (ITWO) Alternatives
Proshares Russell 2000 High Income ETF (ITWO) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with ITWO. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to ITWO
ITWO charges 0.55% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among ITWO alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | ITWO vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | ITWO vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | ITWO vs FYEE | |
| Invesco QQQ Income Advantage ETF | 0.29% | Jul 17, 2024 | ITWO vs QQA | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | ITWO vs PBP |
Best Risk-Adjusted Alternatives to ITWO
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 96 | Jul 27, 2023 | ITWO vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 95 | Aug 20, 2024 | ITWO vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | ITWO vs GOOP | |
| Defiance Oil Enhanced Options Income ETF | 76 | May 9, 2024 | ITWO vs USOY | |
| NEOS Russell 2000 High Income ETF | 76 | Jun 24, 2024 | ITWO vs IWMI |
Top Performing ITWO Alternatives (YTD)
ITWO alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 59.52% | May 9, 2024 | ITWO vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 55.26% | Oct 23, 2023 | ITWO vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 23.45% | Aug 30, 2023 | ITWO vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 18.37% | May 1, 2024 | ITWO vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.85% | Oct 23, 2025 | ITWO vs COSW |
Lowest Volatility Alternatives to ITWO
ITWO alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | ITWO vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | ITWO vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | ITWO vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | ITWO vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.77% | Aug 25, 2021 | ITWO vs QRMI |
Lowest Drawdown Alternatives to ITWO
ITWO alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | ITWO vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | ITWO vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | ITWO vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | ITWO vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | ITWO vs TCAL |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 47 | -17.87% | Feb 9, 2010 | ITWO vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -22.79% | Oct 19, 2021 | ITWO vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 53 | -11.23% | Jun 21, 2006 | ITWO vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 40 | -14.14% | Jun 23, 2009 | ITWO vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 45 | -8.90% | Jun 19, 2006 | ITWO vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 23 | 2.32% | Oct 9, 2013 | ITWO vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | -4.90% | Jan 30, 2007 | ITWO vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 13.99% | Feb 9, 2010 | ITWO vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 40.61% | Oct 3, 2011 | ITWO vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -46.65% | Apr 1, 2024 | ITWO vs BITU |
Often Compared With ITWO
What investors most often compare with ITWO, based on PortfoliosLab usage data.
Compare ITWO with Any Fund or Stock
Compare ITWO with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.