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Defiance R2000 Weekly Distribution ETF (IWMY): ETF

ETF traded on ARCX under symbol IWMY. Quoted in usd.

R2000 Weekly Distribution ETF logo

R2000 Weekly Distribution ETF

+1.00%$16.09
ARCX:IWMYEquity
AUM $77.08M·YTD --·Yield --
R2000 Weekly Distribution ETF logoARCX:IWMY$16.09+1.00%
About IWMY

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

  1. RUT 12/18/2026 200.34 C96.84%
  2. Cash & Other2.32%
  3. First American Government Obligations Fund 12/01/20310.98%
  4. RUT 11/09/2026 2761.82 C0.53%
  5. RUT 11/09/2026 2754.11 C-0.67%
Full holdings, sectors and countries
Dividend History
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Total Invested
$70,000
Final Portfolio
$106,302
Total Return
+$36,302
(+51.9%)
Dividends Reinvested
$0
compounded into portfolio
Defaults are seeded from historical performance and trailing twelve-month yield. Past performance is not a forecast. Feel free to adjust any input to model your own assumptions.
ETF Key Metrics
AUM$77.08M
NAV$16.09
Premium/DiscountAt NAV
Expense Ratio1.05%
Market Cap$97.07M
Shares Outstanding5.02M
Inception DateOct. 30, 2023
Fund Details
IssuerDefiance
Asset ClassEquity
Beta0.84
SectorFinancial Services
DomicileUS
52-Week Range
$15.91$21.50
Current: $16.09
Volume
Volume46.22K
Avg Volume52.15K
Vol/Avg0.89x

30d

53.04K

60d

59.85K

90d

59.98K

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