Neos FundsDerivative IncomeIWMI · Cboe BZX

NEOS Russell 2000 High Income ETF (IWMI)

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Price: $51.21; —11 Sept 2026
Assets: $1.2B; Total net assets
Expense ratio: 0.68%; Category 0.88%
Yield: 4.33%; Trailing distributions

1Y return: 21.6%+8.3%; Category 13.3%
3Y CAGR: —; Category 15.4%
5Y CAGR: —; Category 8.9%

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NEOS Russell 2000 High Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-2.9%	+0.6%	+15.9%	+15.8%	+21.6%	—	—	—	+17.1%
Derivative Income average	1.1%	2.8%	12.1%	7.8%	13.3%	15.4%	8.9%	8.6%	8.3%
Difference	-4.0%	-2.2%	+3.8%	+8.0%	+8.3%	—	—	—	+8.9%

Holdings

The 2 largest positions make up 100.4% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
VTWO	Vanguard Russell 2000 ETF	99.85%
FXFXX	First American Treasury Obligs X	0.55%

Portfolio valuation

Weighted averages of what the fund holds.

P/E: 17.3
P/B: 2.1
P/S: 1.3
P/CF: 9.6

Sector allocation

Share of the equity the fund holds.

Health care20.1%
Financial services18.5%
Technology13.8%
Industrials13.5%
Consumer discretionary9.2%
Real estate6.8%
Energy6.1%
Materials4.2%
Utilities2.8%
Consumer staples2.7%
Communication services2.3%

Asset mix

Stocks96.2%
Cash3.1%
Other0.8%

ETF details

Issuer: Neos Funds
Category: Equity · Derivative Income
Ticker: IWMI
Exchange: Cboe BZX
Inception: 24 Jun 2024 (2.2 years)
Structure: Exchange Traded Fund
Expense ratio: 0.68% (category 0.88%)
Holdings turnover: 0% (category 68%)
Distribution yield: 4.33%
Beta, 3 years: 0.00
Total net assets: $1.2B

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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