6 Russell 2000 High-Yield Income ETF Funds. I Tested ALL of Them!

In this video we are talking about the 6 Russell 2000 High-Yield Income ETF funds that currently exist. I tested all of the income ETF funds to discover which one performs the best for income, NAV and total returns.
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IWMY Defiance R2000 Enhanced Options Income ETF
IWMW iShares Russell 2000 BuyWrite ETF
RYLD Global X Russell 2000 Covered Call ETF
RYLG Global X Russell 2000 Covered Call & Growth ETF
IWM RUSSELL 2000 ETF
IWMI NEOS Russell 2000 High Income ETF
ITWO ProShares Russell 2000 High Income ETF

IWMY (Defiance R2000 Enhanced Options Income ETF) is a high-yield ETF that uses an options selling strategy to generate income based on the Russell 2000 Index. Key features of IWMY include:

Yield and Distribution
Extremely high dividend yield of 108.25%

Monthly distribution schedule

Latest reported dividend (ttm) of $28.44

Strategy and Performance
Actively managed ETF that sells put options on the Russell 2000 Index

Aims to provide capped enhanced daily income

1-year return of -50.56%, indicating significant capital erosion

Fund Details
Expense ratio: 0.99%

Assets under management: $106.11 million

Inception date: October 30, 2023

Current price: $25.82

Risk Considerations
The extremely high yield is likely unsustainable and may involve return of capital

Significant downside risk due to the options-based strategy

Potential for rapid capital decay due to short-term options selling

Investors should carefully consider the risks associated with IWMY's strategy, as the high yield comes with substantial potential for capital loss and may not be suitable for all investors

The Global X Russell 2000 Covered Call ETF (RYLD) is indeed a high-income ETF that uses a covered call strategy on the Russell 2000 index to generate substantial income for investors. Here are the key details about RYLD:

Yield and Distribution
High dividend yield of 12.78%

Monthly distribution schedule

Latest annual dividend of $1.97 per share

Most recent monthly distribution of $0.1627 (ex-dividend date: February 24, 2025)

Strategy and Performance
Focuses on exposure to small-cap companies in the Russell 2000 index

Uses a covered call strategy to generate additional income

Price has declined by over 33% since inception in 2019

Total returns boosted by high distributions, reaching 31% despite price decline

Fund Details
Expense ratio: 0.63%

Current price: $15.15

Assets under management: $1.44 billion

Inception date: 2019

Income Generation and Tax Considerations
Distributions have historically been funded by return of capital, which can help offset tax consequences

Payout ratio of 210.86%, indicating distributions exceed earnings

Negative dividend growth of -4.14% over the past year

Видео 6 Russell 2000 High-Yield Income ETF Funds. I Tested ALL of Them! канала The Average Joe Investor