Defiance R2000 Weekly Distribution ETF (IWMY): ETF
ETF traded on ARCX under symbol IWMY. Quoted in usd.
R2000 Weekly Distribution ETF
IWMY is an actively managed exchange-traded fund designed to generate daily income and provide monthly distributions through the strategic deployment of options. The fund employs two distinct options-based approaches. Its primary strategy seeks to secure daily income by writing short-dated put options, either at-the-money or up to 5% in-the-money, with an expiration typically occurring on the following trading day. Profitability from these positions is contingent on an appreciation in the value of the Russell 2000 Index. The secondary strategy focuses on generating monthly distributions by selling in-the-money put options, aiming for a minimum daily income target of 0.25%. Should this target prove unachievable, the fund will instead sell options priced at their prevailing market value to optimize income generation. Crucially, IWMY will not adopt defensive postures during unfavorable market conditions, nor will it fully or directly participate in the upside performance of the underlying index. Consequently, the fund's risk and return profile is subject to daily fluctuations. A substantial portion of the portfolio is allocated to short-term U.S. Treasury securities, serving as collateral for its short put option obligations.
Largest holdings
- RUT 12/18/2026 200.34 C96.84%
- Cash & Other2.32%
- First American Government Obligations Fund 12/01/20310.98%
- RUT 11/09/2026 2761.82 C0.53%
- RUT 11/09/2026 2754.11 C-0.67%
30d
53.04K
60d
59.85K
90d
59.98K