IWMI vs. VTWO
Compare and contrast key facts about NEOS Russell 2000 High Income ETF (IWMI) and Vanguard Russell 2000 ETF (VTWO).
IWMI and VTWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IWMI is an actively managed fund by Neos. It was launched on Jun 24, 2024. VTWO is a passively managed fund by Vanguard that tracks the performance of the Russell 2000 Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IWMI or VTWO.
Correlation
The correlation between IWMI and VTWO is 0.96, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IWMI vs. VTWO - Performance Comparison
Key characteristics
IWMI:
16.88%
VTWO:
20.64%
IWMI:
-8.88%
VTWO:
-41.19%
IWMI:
-8.60%
VTWO:
-10.25%
Returns By Period
In the year-to-date period, IWMI achieves a -1.46% return, which is significantly higher than VTWO's -1.84% return.
IWMI
-1.46%
-6.61%
0.64%
N/A
N/A
N/A
VTWO
-1.84%
-7.29%
2.51%
13.75%
7.07%
7.93%
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IWMI vs. VTWO - Expense Ratio Comparison
IWMI has a 0.68% expense ratio, which is higher than VTWO's 0.10% expense ratio.
Risk-Adjusted Performance
IWMI vs. VTWO — Risk-Adjusted Performance Rank
IWMI
VTWO
IWMI vs. VTWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Russell 2000 High Income ETF (IWMI) and Vanguard Russell 2000 ETF (VTWO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
IWMI vs. VTWO - Dividend Comparison
IWMI's dividend yield for the trailing twelve months is around 8.91%, more than VTWO's 1.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IWMI NEOS Russell 2000 High Income ETF | 8.91% | 8.78% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VTWO Vanguard Russell 2000 ETF | 1.23% | 1.21% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% | 1.12% |
Drawdowns
IWMI vs. VTWO - Drawdown Comparison
The maximum IWMI drawdown since its inception was -8.88%, smaller than the maximum VTWO drawdown of -41.19%. Use the drawdown chart below to compare losses from any high point for IWMI and VTWO. For additional features, visit the drawdowns tool.
Volatility
IWMI vs. VTWO - Volatility Comparison
The current volatility for NEOS Russell 2000 High Income ETF (IWMI) is 5.44%, while Vanguard Russell 2000 ETF (VTWO) has a volatility of 6.07%. This indicates that IWMI experiences smaller price fluctuations and is considered to be less risky than VTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.