17-Apr-2026
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Defiance R2000 Target 30 Income ETF announces weekly distribution of $0.1110
Seeking Alpha News (Wed, 15-Apr 9:40 AM ET)
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.
Defiance R2000 Enhanced Options Income ETF trades on the ARCA stock market under the symbol IWMY.
As of April 17, 2026, IWMY stock price climbed to $19.58 with 50,138 million shares trading.
IWMY has a beta of 0.80, meaning it tends to be less sensitive to market movements. IWMY has a correlation of 0.64 to the broad based SPY ETF.
IWMY has a market cap of $98.23 million. This is considered a Micro Cap stock.
IWMY has underperformed the market in the last year with a return of +26.6%, while the SPY ETF gained +36.3%. In the last 3 month period, IWMY fell short of the market, returning +1.8%, while SPY returned +2.9%. However, in the most recent 2 weeks IWMY has outperformed the stock market by returning +8.9%, while SPY returned +8.3%.
IWMY support price is $18.90 and resistance is $19.48 (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 IWMY shares will trade within this expected range on the day.