ETF Analysis
NEOS Russell 2000 High Income ETF (IWMI) ETF Analysis
NEOS Russell 2000 High Income ETF (IWMI) ETF analysis covering performance, holdings context, risk, drawdowns, volatility, momentum, dividends, valuation exposure, and the current AlgovestIQ assessment.
NEOS Russell 2000 High Income ETF (IWMI) currently has an AIQ Score of 51/100, indicating a neutral setup. Risk is the strongest factor at 82/100. Momentum is the weakest current factor at 36/100. Performance, momentum, risk, distribution, and exposure evidence should be read together at the latest market-close snapshot.
IWMI at a Glance
Crawlable current metrics from the latest market-close ETF snapshot.
| Metric | Current |
|---|---|
| Price | $48.40 |
| AIQ Score | 51/100 |
| Overall View | Neutral |
| Technical Analysis Consensus | Strong Sell |
| Fund Size | $260.06M |
| Expense Ratio | 0.76% |
| Holdings Count | 4 |
| NAV | $48.14 |
| Asset Class | Equity |
| Primary Exposure | Healthcare (20.99%) |
| Issuer | Neos |
| Domicile | US |
| Inception Date | Jun 24, 2024 |
| Distribution Yield | 15.08% |
| Beta | 0.95 |
| Average Volume | 423.42K |
| 52-week range | $45.64-$53.86 |
| RSI 14 | 43.55 |
| 50-Day SMA | $50.68 |
| 200-Day SMA | $50.85 |
| Risk Score | 82/100 |
| Momentum Score | 36/100 |
| Value Exposure Score | 56/100 |
IWMI Long-Horizon ETF Performance
Trailing returns, growth of $10,000, drawdown history, and calendar-year returns from available daily closes.
| Period | Total return | Annualized | Max drawdown | Start date |
|---|---|---|---|---|
| 1Y | -1.56% | -1.56% | -10.55% | Oct 20, 2025 |
| 3Y | -2.30% | -1.00% | -27.88% | Jun 25, 2024 |
| 5Y | -2.30% | -1.00% | -27.88% | Jun 25, 2024 |
| 10Y | -2.30% | -1.00% | -27.88% | Jun 25, 2024 |
Growth of $10,000
Indexed to the first available close in this history window.
Drawdown History
Peak-to-trough decline from each prior high over the available window.
Calendar-Year Returns
Full-year returns where available, with the current calendar year shown as YTD.
IWMINEOS Russell 2000 High Income ETF
Financial Services / Asset Management - Income
Low Priority
In Line With Peers
Latest quote
- Momentum36
- Value56
- Quality44
- Risk resilience82
- Sentiment—
IWMI ETF Analysis Summary
NEOS Russell 2000 High Income ETF (IWMI) currently has an AIQ Score of 51/100, indicating a neutral setup. Risk resilience is the strongest factor at 82/100. Momentum is the weakest current factor at 36/100. Performance, exposure, distribution, momentum, and risk evidence should be read together at the latest market-close snapshot.
In a neutral regime, IWMI has AIQ Score of 51/100 with Risk resilience base of 82/100 and fading Momentum at 36/100. Wait for component alignment before adding exposure.
Risk resilience (82/100) leads while Momentum (36/100) lags. This cross-factor spread creates entry timing uncertainty.
Financial Services · -0.89% ETF move · IWMI classified in Asset Management - Income.
Current Evidence
AlgovestIQ Evidence Summary
Current consensus, supporting evidence, recent changes, and what would strengthen or weaken the view.
Is IWMI Bullish or Bearish Right Now?
IWMI currently has a neutral overall setup. Risk Resilience is the strongest factor at 82/100, while Momentum is weakest at 36/100. The current evidence suggests a mixed rather than strongly bullish or bearish setup.
- - Risk Resilience is supportive at 82/100.
- - Momentum is weak at 36/100.
- - Price is -4.81% below its 200-day SMA.
- - Technical consensus has more sell votes than buy votes (34 vs 4).
Current Consensus
IWMI's Technical Analysis Consensus is currently Strong Sell, with 4 buy, 7 neutral, and 34 sell votes. IWMI's 14-day RSI is 43.55, which places the ETF in a weaker momentum range. IWMI's beta is 0.95, indicating market sensitivity broadly in line with the market.
What Changed in IWMI?
The largest recent change in IWMI is Momentum moving up by 11.0 points over the available 7-day comparison window. Risk Resilience remains the strongest visible factor.
What Would Change the IWMI Outlook?
The current neutral outlook could improve if AIQ moves above 70, momentum recovers, risk resilience improves, and price confirms a stronger trend above the 50-day and 200-day moving averages. It would weaken if AIQ falls below 40, price loses long-term moving-average support, distribution or liquidity context deteriorates, or risk evidence worsens.
AIQ > 70, RSI above 55, price above SMA-50/SMA-200, and positive market-context evidence.
AIQ below 40, RSI below 45, loss of SMA-200, negative revisions, or rising volatility and drawdown risk.
IWMI Decision Framework
Public evidence layers, setup checks, and risk context for NEOS Russell 2000 High Income ETF.
NEOS Russell 2000 High Income ETF (IWMI) ETF Analysis
NEOS Russell 2000 High Income ETF has an AIQ Score of 51/100 in a Neutral regime. Risk is strongest at 82/100. Beta is 0.95, close to market sensitivity. Review the supporting etf factors together before drawing a conclusion from any single score.
| Evidence Layer | Public Evidence |
|---|---|
| Regime Context | IWMI is in a Neutral AIQ regime with score 51/100. |
| Signal Conflict | The primary conflict is that risk leads at 82/100 while momentum lags at 36/100. |
| Factor Evidence | Momentum 36/100 · Value 56/100 · Quality 44/100 · Risk 82/100 |
| Persistence | Current snapshot evidence is shown; historical persistence remains in AIQ Pro. |
Current Setup Checklist
Risk is the strongest factor at 82/100.
Momentum is 36/100 and RSI (14) is 43.5.
IWMI is in a Neutral regime at 51/100.
Risk factor is 82/100 with beta 0.95 and annual volatility 15.33%.
Current conflict: risk leads at 82/100 while momentum lags at 36/100.
IWMI Research Cluster
ETF-specific paths for performance, risk, distributions, market context, data, comparisons, and news.
IWMI ETF Analytics
IWMI holdings context, yield, risk, valuation exposure, momentum, and AIQ evidence.
IWMI Technical Analysis
IWMI technical setup based on RSI, MACD, moving averages, AIQ Momentum, volume, trend, volatility, and pivots.
IWMI ETF Market Context
Track IWMI market context, news pressure, trend changes, income events, and current allocation evidence.
IWMI Distribution Analysis
IWMI distribution yield, annualized distributions, payment history, and income context.
IWMI ETF Data
IWMI available fund data, market metrics, technical readings, risk measures, and AIQ evidence.
IWMI Risk Analysis
IWMI volatility, beta, drawdown, Sharpe ratio, VaR, and downside resilience.
IWMI ETF News
IWMI ETF news, market tone, recent headlines, and catalyst context.
IWMI vs Options Income / Covered Call Peers
Current peer cohort: IWMI · IWMY · JEPI · JEPQ · LFGY. Compare AIQ, factor scores, Sharpe ratio and 1-year volatility in one indexable view.
| Peer | AIQ | Value | Momentum | Risk | Sharpe | 1Y Volatility | Compare |
|---|---|---|---|---|---|---|---|
| IWMI Current ETF | 51/100 | 56/100 | 36/100 | 82/100 | -0.34 | 15.33% | Current |
| IWMY Defiance R2000 Enhanced Options Income ETF | 48/100 | 59/100 | 32/100 | 78/100 | -1.81 | 16.79% | IWMI vs IWMY |
| JEPI JPMorgan Equity Premium Income ETF | 67/100 | 51/100 | 79/100 | 74/100 | -0.39 | 8.39% | IWMI vs JEPI |
| JEPQ JPMorgan Nasdaq Equity Premium Income ETF | 56/100 | 45/100 | 40/100 | 80/100 | 0.03 | 15.14% | IWMI vs JEPQ |
| LFGY YieldMax Crypto Industry & Tech Portfolio Option Income ETF | 39/100 | 67/100 | 24/100 | 20/100 | -1.7 | 43.55% | IWMI vs LFGY |
Peer cohort is resolved dynamically from the AlgovestIQ universe taxonomy and Compare relationship graph. Data as of Oct 21, 2026.
About the AIQ Score
Methodology for the current ETF evidence.
The AlgovestIQ AIQ Score combines multiple dimensions of ETF evidence, including momentum, valuation exposure, quality, risk resilience, sentiment context, and timing signals. It is a descriptive research score, not a guarantee of future performance or a personalized recommendation.
View AIQ methodologyFactor Diagnostics
A compact bridge from the AIQ score to the evidence tabs.
Valuation exposure across the fund's holdings.
Quality context inferred from fund exposure and available evidence.
Trend, momentum, volume, and timing confirmation.
Resilience, volatility, beta, drawdown, and tail risk.
News and event pressure around the setup.
Open the return calculator with ETF context while purchase price, shares, dates and fees remain user inputs.
AIQ Component Profile
Compare the five component scores on one consistent 0–100 scale.
Review earnings timing, revisions, news pressure, and prior event reactions in one place.
Open catalystsNo quarterly financial rows in this snapshot.
Checked Oct 22, 2026
Explore factor drivers, conflicts, persistence, and scenario sensitivity in the advanced workspace.
ETF Analytics Snapshot
Current ETF evidence uses fund profile, cost, size, distribution, momentum, and risk fields.
ETF pages use fund-native profile fields for cost, size, liquidity, holdings breadth, NAV, issuer, and launch date.
Market Confirmation
Technicals are summarized first, with the indicator library behind it.
Risk Alignment
Higher resilience is stronger; exposure metrics stay separate.
Continue Researching IWMI
Open the detailed evidence pages and workflows behind the stock overview read.
Premium Feature
Full AIQ Analysis
AIQ Intelligence
AIQ Pro for IWMI
Scenario Analysis
AIQ Scenario Builder
Portfolio Implication
Related Links
IWMI ETF FAQ
What is IWMI ETF price today?
IWMI is currently shown at $48.40. Use the live quote with the 52-week range and AIQ context before comparing funds.
What is IWMI's 52-week high and low?
IWMI's 52-week range is $45.64 to $53.86 based on the latest completed market-close snapshot from Oct 21, 2026. A price near either extreme should be evaluated with volatility and trend evidence.
Does IWMI pay a dividend?
IWMI's current distribution yield is 15.08% based on the latest completed market-close snapshot from Oct 21, 2026. For ETFs, dividend yield should be compared with expense ratio, holdings, and risk.
What should investors compare before buying IWMI?
Compare IWMI's price trend, expense profile, yield, holdings exposure, volatility, and AIQ signal. ETF decisions should focus on portfolio fit as much as current momentum.