Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY)
The fund is an actively managed ETF aimed at generating current income while providing limited indirect exposure to the index's value, with a cap on potential gains from index increases. It is categorized as non-diversified.
ETF Info
88636J139
Oct 30, 2023
Russell 2000 Index
Distributing
Expense Ratio
IWMY has a high expense ratio of 0.99%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Defiance R2000 Enhanced Options & 0DTE Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Defiance R2000 Enhanced Options & 0DTE Income ETF had a return of -7.70% year-to-date (YTD) and -2.09% in the last 12 months.
IWMY
-7.70%
-6.40%
-8.90%
-2.09%
N/A
N/A
^GSPC (Benchmark)
-8.25%
-6.60%
-5.32%
3.55%
16.80%
10.02%
Monthly Returns
The table below presents the monthly returns of IWMY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 4.31% | -2.57% | -4.29% | -5.11% | -7.70% | ||||||||
| 2024 | -2.27% | 0.88% | 4.08% | -3.36% | 4.41% | 0.41% | 4.81% | -1.42% | 2.76% | -2.29% | 4.41% | -4.50% | 7.54% |
| 2023 | 23,100,900.00% | 5.59% | 24,391,100.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of IWMY is 21, meaning it’s performing worse than 79% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Defiance R2000 Enhanced Options & 0DTE Income ETF provided a 105.48% dividend yield over the last twelve months, with an annual payout of $25.54 per share.
| Period | TTM | 2024 | 2023 |
|---|---|---|---|
| Dividend | $25.54 | $32.23 | $6.75 |
Dividend yield | 105.48% | 107.92% | 11.34% |
Monthly Dividends
The table displays the monthly dividend distributions for Defiance R2000 Enhanced Options & 0DTE Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $1.00 | $1.13 | $1.25 | $0.31 | $3.69 | ||||||||
| 2024 | $0.00 | $3.87 | $3.30 | $3.21 | $4.23 | $2.73 | $4.74 | $0.00 | $3.67 | $3.63 | $1.44 | $1.41 | $32.23 |
| 2023 | $6.75 | $6.75 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Defiance R2000 Enhanced Options & 0DTE Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Defiance R2000 Enhanced Options & 0DTE Income ETF was 12.89%, occurring on Apr 3, 2025. The portfolio has not yet recovered.
The current Defiance R2000 Enhanced Options & 0DTE Income ETF drawdown is 12.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -12.89% | Feb 19, 2025 | 32 | Apr 3, 2025 | — | — | — |
| -7.07% | Aug 1, 2024 | 3 | Aug 5, 2024 | 30 | Sep 17, 2024 | 33 |
| -6.52% | Nov 12, 2024 | 27 | Dec 19, 2024 | 38 | Feb 18, 2025 | 65 |
| -5.27% | Dec 28, 2023 | 13 | Jan 17, 2024 | 44 | Mar 20, 2024 | 57 |
| -4.48% | Apr 10, 2024 | 6 | Apr 17, 2024 | 19 | May 14, 2024 | 25 |
Volatility
Volatility Chart
The current Defiance R2000 Enhanced Options & 0DTE Income ETF volatility is 7.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.