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IWMIvsITWOETF Comparison
NEOS Russell 2000 High Income ETF (IWMI) and ProShares Russell 2000 High Income ETF (ITWO) belong to the same industry segment: Options Strategies. Both ETFs have the same top 3 sector exposures: Industrials, Health Care and Financials. IWMI is more expensive with a Total Expense Ratio (TER) of 0.78%, versus 0.55% for ITWO. IWMI is up 0.28% year-to-date (YTD) with +$214M in YTD flows. ITWO performs better with 0.95% YTD performance, and +$47M 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.
IWMI vs ITWO performance and flow charts
Performance
Cumulative Flows
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | IWMI ITWO | -3.64%-3.76% | -1.36%-1.63% | +0.28%+0.95% | +23.95%+23.95% | n/an/a | n/an/a |
| Flows | IWMI ITWO | +$59M+$7M | +$259M+$63M | +$214M+$47M | +$488M+$101M | -- | -- |
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | IWMI ITWO | +14.04%+17.42% | +19.09%+21.15% | n/an/a | n/an/a |
| Max drawdown | IWMI ITWO | -5.83%-7.66% | -15.22%-15.09% | n/an/a | n/an/a |
| Max drawdown duration | IWMI ITWO | 14d49d | 52d73d | n/an/a | n/an/a |
IWMI | ITWO | |
Last sale 3/13/2026 at 1:30 PM | $47.49 | $39.35 |
| Previous close 03/12/2026 | $47.68 | $39.50 |
| Consolidated volume 03/12/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Create an account to view replication metrics
IWMI | ITWO | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
IWMI | ITWO | |
|---|---|---|
| Last price | $47.49 | $39.35 |
| 1D performance | -0.40% | -0.38% |
| AuM | $645.76 M | $147.94 M |
| E/R | 0.78% | 0.55% |
IWMI | ITWO | |
|---|---|---|
| Management strategy | Active | Passive |
| Provider | NEOS Investment Management | ProShares |
| Benchmark | - | Cboe Russell 2000 Daily Covered Call Index |
| N° of holdings | 1636 | 1630 |
| Asset class | - | - |
| Trailing 12m distribution yield | Join | Join |
| Inception date | June 25, 2024 | September 4, 2024 |
| ESG | No | No |
Countries
Sectors
Diversification
Total weight of top 15 holdings out of 15
Total weight of top 15 holdings out of 15
Top 15 holdings
How have the IWMI and ITWO ETFs performed in 2026?
As of March 12, 2026, IWMI is up 0.28% year-to-date (YTD), while ITWO has returned 0.95%. 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 +$214M in flows, compared to +$47M for ITWO.
Which ETF is more volatile: IWMI or ITWO?
Over the past year, IWMI had a volatility of 19.09%, while ITWO experienced 21.15%.
Which ETF is bigger: IWMI or ITWO?
As of March 12, 2026, IWMI holds $645.76 M in assets under management (AUM), while ITWO manages $147.94 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 Financials.
What are the top holdings of the IWMI ETF and ITWO ETF?
IWMI top holdings include BLOOM ENERGY CORP, CREDO TECHNOLOGY GROUP HOLDING and FABRINET. ITWO holds in its top three: BLOOM ENERGY CORP, CREDO TECHNOLOGY GROUP HOLDING and HECLA MINING.
Which ETF is more diversified: IWMI or ITWO?
IWMI holds 1958 securities with 7.56% of its assets in the top 15. ITWO has 1884 securities and a top 15 weight of 6.55%.
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