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IWMIvsITWOETF Comparison

ETF 1

IWMI

NEOS Russell 2000 High Income ETF

This fund is part of

Options Strategies

+0.07%

Full IWMI fund page

VS

ETF 2

ITWO

ProShares Russell 2000 High Income ETF

This fund is part of

Options Strategies

+0.07%

Full ITWO fund page

NEOS Russell 2000 High Income ETF (IWMI) and ProShares Russell 2000 High Income ETF (ITWO) belong to the same industry segment: Options Strategies. IWMI's top 3 sector exposures are Industrials, Health Care and Financials. In contrast, ITWO's top sector exposures are Industrials, Health Care and Information Technology. IWMI is more expensive with a Total Expense Ratio (TER) of 0.78%, versus 0.55% for ITWO. IWMI is up 10.25% year-to-date (YTD) with +$335M in YTD flows. ITWO performs better with 13.83% YTD performance, and +$60M in YTD flows. Run a side-by-side ETF comparison of IWMI and ITWO below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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IWMI vs ITWO performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 05/01/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	IWMI ITWO	+8.72%+11.21%	+5.17%+7.07%	+10.25%+13.83%	+38.01%+42.79%	n/an/a	n/an/a
Flows	IWMI ITWO	+$96M+$11M	+$237M+$26M	+$335M+$60M	+$596M+$112M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	IWMI ITWO	+18.33%+20.17%	+14.88%+18.38%	n/an/a	n/an/a
Max drawdown	IWMI ITWO	-8.39%-8.44%	-8.39%-9.74%	n/an/a	n/an/a
Max drawdown duration	IWMI ITWO	46d60d	46d81d	n/an/a	n/an/a

Trading data

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	IWMI	ITWO
Last sale 5/1/2026 at 1:30 PM	$51.23	$43.46
Previous close 04/29/2026	$51.02	$43.60
Consolidated volume 04/29/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of April 30, 2026

1-year trailing difference

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IWMI

is actively managed and doesn’t replicate an index

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	IWMI	ITWO
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 5/1/2026 at 1:30 PM

Live

Closed

	IWMI	ITWO
Last price	$51.23	$43.46
1D performance	+0.41%	-0.32%
AuM	$817.91 M	$176.84 M
E/R	0.78%	0.55%

Characteristics

	IWMI	ITWO
Management strategy	Active	Passive
Provider	NEOS Investment Management	ProShares
Benchmark	-	Cboe Russell 2000 Daily Covered Call Index
N° of holdings	1612	1609
Asset class	-	-
Trailing 12m distribution yield	Join	Join
Inception date	June 25, 2024	September 4, 2024
ESG	No	No

More IWMI data on Trackinsight

More ITWO data on Trackinsight

Exposure

Countries

IWMI

USA

89.36%

Other

10.64%

ITWO

USA

78.08%

Other

21.92%

Sectors

IWMI

Industrials

14.97%

Health Care

14.66%

Financials

14.06%

Information Techn.

13.7%

Consumer Discreti.

8.17%

Other

34.43%

ITWO

Industrials

13.54%

Health Care

12.67%

Information Techn.

12.67%

Financials

12.22%

Consumer Discreti.

7.23%

Other

41.67%

Diversification

IWMI

Total weight of top 15 holdings out of 15

7.3%

ITWO

Total weight of top 15 holdings out of 15

6.75%

Top 15 holdings

Data as of March 31, 2026

IWMI

BLOOM ENERGY CORP

0.98%

COEUR MINING INC

0.63%

FABRINET

0.62%

US65290E1010

0.58%

ECHOSTAR

0.52%

CREDO TECHNOLOGY GROUP HOLDING

0.50%

KRATOS DEFENSE AND SECURITY SOLS

0.42%

ADVANCED ENERGY INDUSTRIES

0.40%

STERLING INFRASTRUCTURE INC

0.40%

HECLA MINING

0.39%

BRIDGEBIO PHARMA

0.39%

GUARDANT HEALTH INC

0.38%

MODINE MNFC CO

0.38%

ENSIGN GROUP

0.37%

TTM TECHNOLOGIES

0.33%

ITWO

BLOOM ENERGY CORP

0.94%

FABRINET

0.64%

US65290E1010

0.55%

COEUR MINING INC

0.52%

CREDO TECHNOLOGY GROUP HOLDING

0.48%

ECHOSTAR

0.46%

KRATOS DEFENSE AND SECURITY SOLS

0.42%

STERLING INFRASTRUCTURE INC

0.39%

ADVANCED ENERGY INDUSTRIES

0.37%

MODINE MNFC CO

0.35%

HECLA MINING

0.34%

ENSIGN GROUP

0.33%

BRIDGEBIO PHARMA

0.33%

TTM TECHNOLOGIES

0.32%

IONQ

0.32%

Frequently asked questions about IWMI and ITWO

How have the IWMI and ITWO ETFs performed in 2026?

As of May 1, 2026, IWMI is up 10.25% year-to-date (YTD), while ITWO has returned 13.83%. That puts ITWO better performer ahead so far this year.

Which ETF is attracting more investor money: IWMI or ITWO?

Year-to-date, the IWMI ETF saw +$335M in flows, compared to +$60M for ITWO.

Which ETF is more volatile: IWMI or ITWO?

Over the past year, IWMI had a volatility of 14.88%, while ITWO experienced 18.38%.

Which ETF is bigger: IWMI or ITWO?

As of May 1, 2026, IWMI holds $817.91 M in assets under management (AUM), while ITWO manages $176.84 M.

What sectors do the IWMI and ITWO ETFs invest in?

IWMI leans toward sectors like Industrials, Health Care and Financials. Meanwhile, ITWO focuses on Industrials, Health Care and Information Technology.

What are the top holdings of the IWMI ETF and ITWO ETF?

IWMI top holdings include BLOOM ENERGY CORP, COEUR MINING INC and FABRINET. ITWO holds in its top three: BLOOM ENERGY CORP, FABRINET and US65290E1010.

Which ETF is more diversified: IWMI or ITWO?

IWMI holds 1948 securities with 7.3% of its assets in the top 15. ITWO has 1860 securities and a top 15 weight of 6.75%.

Notable ETF Filings and Launches Recap: September 2024

September 26, 2024

ITWO

IWMIvsITWOETF Comparison

NEOS Russell 2000 High Income ETF

ProShares Russell 2000 High Income ETF

IWMI vs ITWO performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the IWMI and ITWO ETFs performed in 2026?

As of May 1, 2026, IWMI is up 10.25% year-to-date (YTD), while ITWO has returned 13.83%. That puts ITWO better performer ahead so far this year.

Which ETF is attracting more investor money: IWMI or ITWO?

Year-to-date, the IWMI ETF saw +$335M in flows, compared to +$60M for ITWO.

Which ETF is more volatile: IWMI or ITWO?

Over the past year, IWMI had a volatility of 14.88%, while ITWO experienced 18.38%.

Which ETF is bigger: IWMI or ITWO?

As of May 1, 2026, IWMI holds $817.91 M in assets under management (AUM), while ITWO manages $176.84 M.

What sectors do the IWMI and ITWO ETFs invest in?

IWMI leans toward sectors like Industrials, Health Care and Financials. Meanwhile, ITWO focuses on Industrials, Health Care and Information Technology.

What are the top holdings of the IWMI ETF and ITWO ETF?

IWMI top holdings include BLOOM ENERGY CORP, COEUR MINING INC and FABRINET. ITWO holds in its top three: BLOOM ENERGY CORP, FABRINET and US65290E1010.

Which ETF is more diversified: IWMI or ITWO?

IWMI holds 1948 securities with 7.3% of its assets in the top 15. ITWO has 1860 securities and a top 15 weight of 6.75%.

Notable ETF Filings and Launches Recap: September 2024

Active Trader Report: Use of Leveraged & Inverse ETFs Way Up