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Smart Investors Daily
IW

AMEX · IWMY

Defiance - R2000 Enhanced Options Income ETF

Financial Services · Asset Management

$19.04

Down-$0.21 (-1.09%)

Updated Aug 19, 2026, 6:07 AM

SID Score

5.1/10

Composite research score

Smart Money

Institutional and insider signal

Market cap
132.66M
P/E ratio
Dividend yield
67.90%
52-week range
$17.44 – $20.04
Volume
61.03K
Avg. volume
168.59K

Price performance

IWMY price history

1M range · 21 trading sessions · Daily adjusted prices

IWMY closed at $19.04 after 21 trading sessions, down 1.30% for the selected period.

Last close
$19.04
Period change
-1.30%
Period low
$18.73
Period high
$19.40
Daily close
View OHLC price history
IWMY OHLC price history, latest 40 sessions
DateOpenHighLowCloseVolume
Aug 18, 2026$19.24$19.24$19.02$19.0461.03K
Aug 17, 2026$19.22$19.2699$19.2001$19.249841.74K
Aug 14, 2026$19.25$19.3099$19.21$19.2826.48K
Aug 13, 2026$19.28$19.32$19.214$19.2625.28K
Aug 12, 2026$19.35$19.35$19.25$19.324822.56K
Aug 11, 2026$19.24$19.31$19.23$19.2522.29K
Aug 10, 2026$19.21$19.28$19.19$19.2028.41K
Aug 7, 2026$19.23$19.33$19.2101$19.294622.39K
Aug 6, 2026$19.20$19.2659$19.13$19.132813.37K
Aug 5, 2026$19.43$19.445$19.3262$19.326217.68K
Aug 4, 2026$19.12$19.4389$19.12$19.401221.45K
Aug 3, 2026$18.82$19.095$18.82$19.089334.1K
Jul 31, 2026$18.97$18.97$18.58$18.771937.93K
Jul 30, 2026$18.83$18.86$18.66$18.8536.44K
Jul 29, 2026$18.99$19.0092$18.71$18.7336.02K
Jul 28, 2026$18.97$19.04$18.87$19.0344.33K
Jul 27, 2026$19.03$19.165$18.93$19.0033.63K
Jul 24, 2026$19.00$19.05$18.88$18.907834.28K
Jul 23, 2026$18.86$18.995$18.85$18.938129.43K
Jul 22, 2026$19.18$19.30$19.12$19.1527.68K
Jul 21, 2026$19.11$19.32$19.105$19.2927.76K

Latest IWMY news

The latest Smart Investors Daily articles mentioning IWMY.

IWMY research

Overview

Company profile and research snapshot.

Company profile

IWMY is actively managed to seek potential daily income on the price, and monthly distributions by utilizing options strategies. The fund implements two strategies: The first seeks to provide daily income by selling put options either at-the-money or up to 5% in-the-money, expiring the next trading day. The option positions become profitable if the Russell 2000 Index increases in value. The second strategy involves selling in-the-money put options to attempt a minimum daily income of 0.25% to seek monthly distributions. If this is determined to not be achievable, the fund will sell options that are priced at the current market value to maximize income. Even during periods of adverse market conditions, the fund will not seek defensive positions and it will not directly or fully participate in the gains of the index. The funds risk and return potential will fluctuate daily. A significant portion of the portfolio will be held in short-term US Treasury securities, which will serve as collateral for the short put option positions.

Analyst outlook

Consensus and target data currently published for this company.

Consensus
Average target
Implied upside
Analysts
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News briefing

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seekingalpha.com · Dec 11, 2025

IWMY: How To Profit From Small-Cap Income Streams

IWMY offers a compelling high-yield entry point for small-cap exposure, offering solid total return over the past 12 months. My weight-queue allocation strategy adapts positions based on market conditions, using IWMY for weekly income and tactical rebalancing. Anticipated rate cuts are a key catalyst; small-caps like IWMY stand to benefit significantly from monetary easing.

seekingalpha.com · Oct 16, 2025

IWMY: Turning T-Bills Plus Volatility Into Weekly Income

Tidal Trust II - Defiance R2000 Target 30 Income ETF is shifting to a call credit spread strategy with long Russell 2000 exposure. IWMY targets a 30% annualized distribution with weekly payments, appealing to income-focused investors, though returns are not guaranteed. Current macro conditions—loose financials, stable volatility, and high short-term rates—favor IWMY's new strategy and income generation.

AI research layers

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