TYGO vs. IWMI

Last updated Apr 1, 2026

Compare and contrast key facts about Tigo Energy Inc. (TYGO) and NEOS Russell 2000 High Income ETF (IWMI).

IWMI is an actively managed fund by Neos. It was launched on Jun 24, 2024.

Performance

TYGO vs. IWMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tigo Energy Inc. (TYGO) and NEOS Russell 2000 High Income ETF (IWMI). The values are adjusted to include any dividend payments, if applicable.

TYGO vs. IWMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
TYGO Tigo Energy Inc.	172.46%	40.12%	-27.04%
IWMI NEOS Russell 2000 High Income ETF	0.93%	14.97%	6.61%

Returns By Period

In the year-to-date period, TYGO achieves a 172.46% return, which is significantly higher than IWMI's 0.93% return.

TYGO

• 1D: 8.99%
• 1M: 1.62%
• YTD: 172.46%
• 6M: 50.40%
• 1Y: 347.62%
• 3Y*: -28.86%
• 5Y*: —
• 10Y*: —

IWMI

• 1D: 3.49%
• 1M: -4.05%
• YTD: 0.93%
• 6M: 4.83%
• 1Y: 25.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TYGO vs. IWMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TYGO

TYGO Risk / Return Rank: 95
TYGO Sharpe Ratio Rank: 98
TYGO Sortino Ratio Rank: 94
TYGO Omega Ratio Rank: 91
TYGO Calmar Ratio Rank: 96
TYGO Martin Ratio Rank: 96

IWMI

IWMI Risk / Return Rank: 78
IWMI Sharpe Ratio Rank: 77
IWMI Sortino Ratio Rank: 79
IWMI Omega Ratio Rank: 74
IWMI Calmar Ratio Rank: 78
IWMI Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TYGO vs. IWMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tigo Energy Inc. (TYGO) and NEOS Russell 2000 High Income ETF (IWMI). 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.

	TYGO	IWMI	Difference
Sharpe ratio Return per unit of total volatility	3.54	1.34	+2.20
Sortino ratio Return per unit of downside risk	3.47	1.94	+1.52
Omega ratio Gain probability vs. loss probability	1.42	1.27	+0.15
Calmar ratio Return relative to maximum drawdown	6.77	1.97	+4.80
Martin ratio Return relative to average drawdown	17.46	9.11	+8.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TYGO vs. IWMI - Sharpe Ratio Comparison

The current TYGO Sharpe Ratio is 3.54, which is higher than the IWMI Sharpe Ratio of 1.34. The chart below compares the historical Sharpe Ratios of TYGO and IWMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TYGO	IWMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.54	1.34	+2.20
Sharpe Ratio (All Time) Calculated using the full available price history	-0.21	0.71	-0.91

Correlation

The correlation between TYGO and IWMI is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TYGO vs. IWMI - Dividend Comparison

TYGO has not paid dividends to shareholders, while IWMI's dividend yield for the trailing twelve months is around 14.48%.

	TTM	2025	2024
TYGO Tigo Energy Inc.	0.00%	0.00%	0.00%
IWMI NEOS Russell 2000 High Income ETF	14.48%	14.05%	8.78%

Drawdowns

TYGO vs. IWMI - Drawdown Comparison

The maximum TYGO drawdown since its inception was -97.45%, which is greater than IWMI's maximum drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for TYGO and IWMI.

Drawdown Indicators

	TYGO	IWMI	Difference
Max Drawdown Largest peak-to-trough decline	-97.45%	-23.88%	-73.57%
Max Drawdown (1Y) Largest decline over 1 year	-49.64%	-12.42%	-37.22%
Current Drawdown Current decline from peak	-85.68%	-5.20%	-80.48%
Average Drawdown Average peak-to-trough decline	-54.24%	-4.44%	-49.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	19.26%	2.69%	+16.57%

Volatility

TYGO vs. IWMI - Volatility Comparison

Tigo Energy Inc. (TYGO) has a higher volatility of 33.03% compared to NEOS Russell 2000 High Income ETF (IWMI) at 7.03%. This indicates that TYGO's price experiences larger fluctuations and is considered to be riskier than IWMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TYGO	IWMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.03%	7.03%	+26.00%
Volatility (6M) Calculated over the trailing 6-month period	79.55%	11.89%	+67.66%
Volatility (1Y) Calculated over the trailing 1-year period	99.13%	19.11%	+80.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	92.59%	18.30%	+74.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	92.59%	18.30%	+74.29%