NEOS Russell 2000 High Income ETF (IWMI)
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Learn moreETF Summary
The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.
Risk Overview
Risk Overview Information Not Available
Performance & Risk
| YTD Return | 14.68% |
| 5y Average Return | 0.00% |
|---|---|
| Rank in Category (ytd) | -- |
| % Rank in Category (ytd) | -- |
| Beta (5Y Monthly) | 0.00 |
| Morningstar Risk Rating | -- |
Risk Statistics
| 3 Years | 5 Years | 10 Years | ||||
|---|---|---|---|---|---|---|
| |
IWMI | Category Average | IWMI | Category Average | IWMI | Category Average |
|
Alpha
|
0 | -2 | 0 | -1.57 | 0 | -2.63 |
|
BETA
|
0 | 0.67 | 0 | 0.65 | 0 | 0.68 |
|
Mean Annual Return
|
0 | 1.11 | 0 | 0.72 | 0 | 0.72 |
|
R-squared
|
0 | 66.27 | 0 | 76.55 | 0 | 78.53 |
|
Standard Deviation
|
0 | -- | 0 | -- | 0 | -- |
|
Sharpe Ratio
|
0 | 0.79 | 0 | 0.44 | 0 | 0.54 |
|
Treynor Ratio
|
0 | 12.74 | 0 | 7 | 0 | 8.6 |
