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Cboe US - Delayed Quote USD

NEOS Russell 2000 High Income ETF (IWMI)

40.38
-1.40
(-3.35%)
At close: April 10 at 4:00:00 PM EDT
40.25
-0.13
(-0.32%)
After hours: April 10 at 7:55:37 PM EDT

ETF Summary

The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.

ETF Overview

Category Derivative Income
Fund Family Neos Funds
Net Assets 159.65M
YTD Daily Total Return -11.46%
Yield --
Legal Type Exchange Traded Fund

ETF Operations

Attributes IWMI Category Average
Annual Report Expense Ratio (net) 0.68% 0.91%
Holdings Turnover 0.00% 75.44%
Total Net Assets 2,508.93 2,508.93

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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