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1D
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1M
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6M
YTD
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ALL
AUM
$406893200
P/E ratio
16.6
Dividend yield
16.1221%
Expense ratio
0.68%
Beta
1.135768
Previous close
$50.58
Today's open
$50.62
Day's range
$50 - $50.64
52 week range
$38 - $52.76
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Headquarters
US
Exchange
CBOE Global Markets BZX
Issue type
Exchange-Traded Fund
Equities
Domestic
Large-Cap
Blend
99.8%
IWMI: Small Caps, Big Dividends
The NEOS Russell 2000 High Income ETF offers high monthly income via a covered call strategy on the Russell 2000 index. IWMI currently yields a 14% distribution rate, with approximately 95% of payouts classified as return of capital, offering tax advantages for many investors. The ETF provides diversification away from tech-heavy large caps, with sector exposure favoring finance and healthcare, and benefits from recent small-cap outperformance.
Seeking Alpha • Dec 12, 2025

MSTY, BLOX, IWMI: Building A High-Income Portfolio
I construct covered call ETF portfolios using a three-bucket approach: safe, moderate, and ultra-high yield for balanced income and risk. Portfolio weightings target 50% in 10–25% yield ETFs, 30% in 25–50% yield, and 20% in 50%+ yield, with regular rebalancing. Proxies like IWMI (safe), BLOX (moderate), and MSTY (ultra-high yield) illustrate how to allocate and manage risk across buckets.
Seeking Alpha • Dec 6, 2025

NEOS Investments Announces November 2025 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces November monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.
Business Wire • Nov 28, 2025

Retirement on $500k? These 3 Ultra-High-Yield ETFs Make It Possible
If you're planning to retire or you're already retired, it can be tough to gauge just how much you will need over the course of your retirement.
24/7 Wall Street • Nov 11, 2025

This Is How I Earn $2,000 A Month From Covered Call ETFs
Covered call ETFs play an increasingly vital role for income investors. While they have inherent flaws, the benefits clearly outweigh them. In the article, I detail the rationale for including covered call ETFs in durable income investor portfolios.
Seeking Alpha • Nov 9, 2025

Skip The Bubble And Collect ~14% Dividend With IWMI
The NEOS Russell 2000 High Income ETF (IWMI) offers a compelling alternative to large-cap covered call ETFs heavily concentrated in overvalued SPY and QQQ. Historically, small-caps outperform large-caps after Fed rate cuts. We can already see the first signs of this happening. Plus, small-caps are projected for strong earnings growth through at least mid-2026, which makes the case even more attractive.
Seeking Alpha • Nov 5, 2025

Navigate Small-Cap Challenges With This ETF
Small-cap stocks are poised for a decent 2025. Helped by 3% over the past month, one aided by the Federal Reserve lowering interest rates in September, the Russell 2000 Index is higher by 12.67% YTD.
ETF Trends • Nov 3, 2025

NEOS Investments Announces October 2025 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces October monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the October 2025 Ex-Div Date (10/22/2025) Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTC.
Business Wire • Oct 24, 2025

High Yield And Tax Advantaged Income Funds From NEOS
NEOS Investments offer high yielding monthly income ETFs based on options strategies on equity and alternative investments. As a secondary priority, the ETFs seek capital appreciation from the underlying securities held. Four of the funds use Section 1256 Index Option Contracts, which treat distributions as 60% long term and 40% short term capital gains.
Seeking Alpha • Oct 17, 2025

NEOS Investments Announces September 2025 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the September 2025 Ex-Div Date (9/24/2025) Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (.
Business Wire • Sep 26, 2025

¹ Disclosures

Open an M1 investment account to buy and sell NEOS Russell 2000 High Income ETF commission-free¹. Build wealth for the long term using automated trading and transfers.