IWMY ETF — Defiance R2000 Enchanced Options Income ETF

Defiance R2000 Enchanced Options Income ETF (IWMY)

IWMY is an ETF that tracks the IWM. As of August 19, 2026, its distribution rate is 30.32%, its trailing-12-month yield is 40.03%, its expense ratio is 1.05%. Dividend Vision Distribution Safety Score™ is 58/100 (Caution). Fund total return is 51.3% over the past 2.8 years, 36.9 points behind IWM at 88.2%.

At the current 30.32% distribution rate, a $10,000 investment would generate approximately $3,032 per year, or $252.67 per month on an equivalent basis. Actual weekly payments vary.

Defiance R2000 Enhanced Options Income ETF is an actively managed fund tracking the Russell 2000 Index that generates income by selling daily credit call spreads on the index, which caps upside potential while providing exposure to small-cap stocks. The fund distributes a high current income rate weekly with an expense ratio of 1.05%. It appeals primarily to investors prioritizing current income over capital appreciation.

IWMY performance versus IWM

Data as of August 19, 2026.

Fund total return is 51.3% over the past 2.8 years, 36.9 points behind IWM at 88.2%. Its deepest 1-year drawdown was 11.6%.

IWMY key facts

Data as of August 19, 2026.

Distribution Safety Score™

58 · Caution

Safety-Adjusted Yield

17.59%

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

10/30/2023

Expense ratio

1.05%

Distribution rate

30.32%

Distribution frequency

Weekly

Trailing yield

40.03%

30-day SEC yield

-0.96%

Last close

$19.04

AUM

$98,214,779

Average volume

60838.0

Last dividend

$0.1110

Ex-dividend date

08/13/2026

Payment date

08/14/2026

Beta

1.1019

P/E ratio

18.5902

How Dividend Vision calculates yield and returns

Distribution rate (30.32%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (40.03%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. The 30-day SEC yield (-0.96%) is the SEC standardized figure when we have it. An issuer may publish a different SEC or TTM yield using another as-of date or share-class convention. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

Primary sources: Defiance ETFs fund page; Index: IWM; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

IWMY risks and drawbacks

Total return has trailed IWM over the available window. The deepest 1-year drawdown on record here is 11.6%.

Who may consider IWMY — and who may not

It is a weaker fit for investors whose main goal is matching IWM total return. This is educational context, not a recommendation to buy or sell.

Compare IWMY

IWMY vs similar funds:

• IWMY vs IWM
• IWMY vs IWMI

Frequently asked questions

More funds from Defiance ETFs.