IWMI Stock Summary and Trading Ideas (Neos Russell 2000 High Income ETF | BATS:IWMI)

The Fund is an actively-managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000 Index ("Russell 2000 Underlying ETFs"), a portfolio of stocks that make up the Russell 2000 Index (the "Russell 2000" or the "Reference 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 ("RUT call options"). The Fund seeks equity appreciation through its investments in Russell 2000 Underlying ETFs and/or a portfolio of stocks that make up the Russell 2000 Index. The Fund seeks to generate high monthly income from the premiums earned from the RUT call options as well as the dividends received from the Fund's equity holdings.

Neos Russell 2000 High Income ETF trades on the BATS stock market under the symbol IWMI.

As of June 18, 2026, IWMI stock price climbed to $52.74 with 344,789 million shares trading.

IWMI has a beta of 0.88, meaning it tends to be less sensitive to market movements. IWMI has a correlation of 0.68 to the broad based SPY ETF.

IWMI has a market cap of $971.47 million. This is considered a Small Cap stock.

IWMI has outperformed the market in the last year with a price return of +34.2% while the SPY ETF gained +26.9%. IWMI has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +16.1% and +1.6%, respectively, while the SPY returned +13.5% and -1.1%, respectively.

IWMI support price is $51.22 and resistance is $52.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that IWMI shares will trade within this expected range on the day.