Family: | Defiance ETFs |
Name: | Defiance R2000 Enhanced Options Income ETF |
Inception Date: | 30-Oct-2023 |
Termination Date: | |
Investment Objective: | IWMY aims to achieve consistent and outsized monthly yield distributions for investors coupled with equity market exposure to the Russell 2000. IWMY is an actively managed exchange-traded fund ("ETF") that seeks enhanced income, constructed of treasuries and Russell 2000 index options. The strategy's objective is to generate outsized monthly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay by selling in the money puts. |
Prospectus | |
Top 10 Holdings | ||
United States Treasury Note/Bond 3.875% 01/15/2026 | 91282CGE5 | 22.9200% |
United States Treasury Note/Bond 3% 07/15/2025 | 91282CEY3 | 21.1100% |
United States Treasury Bill 05/15/2025 | 912797LB1 | 13.5900% |
United States Treasury Bill 06/12/2025 | 912797LN5 | 13.5900% |
United States Treasury Bill 08/14/2025 | 912797PN1 | 13.5400% |
United States Treasury Note/Bond 2.625% 04/15/2025 | 91282CEH0 | 10.8400% |
Cash & Other | 5.6100% | |
FTSE RUS PUT OPT 03/25 2065 | -1.1600% | |
Top 10 Holdings Weight: | 100.0% |
Number of Holdings: | 8 |
Shares Outstanding: | 3,866,648 |
Total Net Assets: | 103,974,200 |
NAV: | 26.86 |
Net Expense Ratio: | 0.99% |
Asset Class: | Equities (Stocks) |
Developed or Emerging: | Developed Market Funds |
Country: | US |
Region: | |
Strategy: | Put-Write strategy |
Currency: | |
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Maturity Duration: | |
Market Cap: | Small Cap |
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Is Currency Hedged: | No |
US or Ex-US: | Domestic |