Which paid more, FTKI or IWMY?

Over the year to Nov 4, 2026, FTKI paid 12.5% of its starting price in cash and IWMY paid 28.6%, so IWMY paid more. Cash paid is not the same as money made: the price change matters too.

Which returned more once distributions are counted, FTKI or IWMY?

With every distribution reinvested, FTKI returned +20.3% and IWMY +7.9% over the year to Nov 4, 2026.

Which is cheaper, FTKI or IWMY?

FTKI charges 0.86% a year and IWMY charges 1.05%, so FTKI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTKI vs IWMY: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, IWMY paid 28.6% of its price in cash against FTKI’s 12.5%, though FTKI returned more with it reinvested.

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Net assets on Nov 3, 2026: $25m for First Trust Small Cap BuyWrite Income ETF and $79m for Defiance R2000 Weekly Distribution ETF.

FTKI on its own →IWMY on its own →

At a glance

12.5%

FTKI cash paid, 1 year

28.6%

IWMY cash paid, 1 year

+20.3%

FTKI total return, 1 year

+7.9%

IWMY total return, 1 year

FTKI · 1 year to Nov 4, 2026 1.3 pts ahead of IWM

FTKI

+20.3%

IWM

+19.0%

1.3 pts ahead of IWM

FTKI over 1 year: paid 12.5%, price +6.9%, total +20.3%, IWM +19.0%, +1.3 pts. Data to Nov 4, 2026.

IWM

+19.0%

FTKI

+20.3%

12.5% of it arrived as cash

1.3 pts ahead of IWM

Total return, distributions reinvested

1.3 pts ahead of IWM

FTKI over 1 year: paid 12.5%, price +6.9%, total +20.3%, IWM +19.0%, +1.3 pts. Data to Nov 4, 2026.

IWM

+19.0%

FTKI

+20.3%

12.5% cash

1.3 pts ahead of IWM

12.5% of it arrived as cash. Total return, distributions reinvested. FTKI over 1 year: paid 12.5%, price +6.9%, total +20.3%, IWM +19.0%, +1.3 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

IWMY · 1 year to Nov 4, 2026 11.1 pts behind IWM

IWMY

+7.9%

IWM

+19.0%

11.1 pts behind IWM

IWMY over 1 year: paid 28.6%, price −21.4%, total +7.9%, IWM +19.0%, −11.1 pts. Data to Nov 4, 2026.

IWM

+19.0%

IWMY

+7.9%

28.6% of it arrived as cash

11.1 pts behind IWM

Total return, distributions reinvested

11.1 pts behind IWM

IWMY over 1 year: paid 28.6%, price −21.4%, total +7.9%, IWM +19.0%, −11.1 pts. Data to Nov 4, 2026.

IWM

+19.0%

IWMY

+7.9%

11.1 pts behind IWM

28.6% of it arrived as cash. Both charts share one scale, with zero at the line. IWMY over 1 year: paid 28.6%, price −21.4%, total +7.9%, IWM +19.0%, −11.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

FTKI costs 0.19 points a year less; their one-year returns differ by 12.4 points; IWMY is 3.2 times larger.

Points (pts) are percentage points.

FTKI vs IWMY: Dividend Yield & Total Return
Measure	FTKI	IWMY
Paid and earned
Measure	FTKI	IWMY
Total return, 1 year	+20.3%	+7.9%
Price change, 1 year	rose 6.9%	fell 21.4%
Return of capital, issuer estimate	93% of the Oct 30, 2026 payment	100% of the Oct 30, 2026 payment
Against its benchmark
Measure	FTKI	IWMY
Benchmark	Russell 2000, measured through IWM	Russell 2000, measured through IWM
Cost and size
Measure	FTKI	IWMY
Expense ratio	0.86%	1.05%
Net assets, as of Nov 3, 2026	$25m	$79m
Holdings
Measure	FTKI	IWMY
Holdings in common	0%

ETFIQ Distribution Coverage Score · FTKI scores higher How much of what it paid out did its total return cover?

IQ Income Score79.9FTKI25.4IWMY

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

FTKI 79.9

IWMY 25.4

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, FTKI and IWMY hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026 and Nov 4, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first FTKI IWMY

Only in one fund ↓

Only in FTKI

Etsy, Inc. 2.30%

Abercrombie & Fitch Co. (Class A) 2.20%

Maplebear Inc. (Instacart) 2.17%

UiPath, Inc. (Class A) 2.06%

Appian Corporation 1.92%

Encompass Health Corporation 1.92%

Scorpio Tankers Inc. 1.79%

Credo Technology Group Holding Ltd 1.60%

Only in IWMY

Rut 12/18/2026 200.34 C 99.12%

Rut 11/05/2026 2866.09 C 0.25%

Rut 11/05/2026 2856.95 C -0.38%

Check overlap with more funds →

Side by side

FTKI First Trust Small Cap BuyWrite Income ETF · Covered call on IWM, paying monthly IWMY Defiance R2000 Weekly Distribution ETF · Option income on IWM, paying weekly

Issuer First Trust Defiance

Strategy covered call option income

Benchmark Russell 2000 (IWM) Russell 2000 (IWM)

Pays monthly weekly

Payout rate, annualized 11.7% 29.9%

Expense ratio 0.86% 1.05%

Cash paid, 1 year 12.5% 28.6%

Price change, 1 year +6.9% −21.4%

Total return, 1 year +20.3% +7.9%

Benchmark return, 1 year +19.0% +19.0%

Ahead or behind +1.3 pts −11.1 pts

Return of capital, latest estimate 93% 100%

Age 1.7 years 3.0 years

Net assets, as of Nov 3, 2026 $25m $79m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: FTKI vs IWMY: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTKI	IWMY	FTKI	IWMY	FTKI	IWMY
3 months	+0.5%	−6.1%	2.9%	7.0%	+5.5 pts	−1.1 pts
6 months	+4.6%	−2.3%	5.9%	14.0%	+5.1 pts	−1.8 pts
1 year	+20.3%	+7.9%	12.5%	28.6%	+1.3 pts	−11.0 pts
3 years	–	+36.8%	–	90.4%	–	−31.5 pts
Since launchNot the same days: FTKI Feb 2025 · IWMY Oct 2023	+19.9%	+40.4%	18.3%	92.7%	−16.2 pts	−38.1 pts

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Alert

About each fund

FTKI

Over the year to Nov 4, 2026, FTKI paid 12.5% of its starting value in cash distributions while its price rose 6.9%. With every distribution reinvested, the fund returned +20.3%. Russell 2000 (IWM) returned +19.0% over the same days, so a holder was ahead by 1.3 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 11.7%, paid monthly. First Trust estimates that 93% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

IWMY

Over the year to Nov 4, 2026, IWMY paid 28.6% of its starting value in cash distributions while its price fell 21.4%. With every distribution reinvested, the fund returned +7.9%. Russell 2000 (IWM) returned +19.0% over the same days, so a holder was behind by 11.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 29.9%, paid weekly. Defiance estimates that 100% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, FTKI or IWMY?: Over the year to Nov 4, 2026, FTKI paid 12.5% of its starting price in cash and IWMY paid 28.6%, so IWMY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, FTKI or IWMY?: With every distribution reinvested, FTKI returned +20.3% and IWMY +7.9% over the year to Nov 4, 2026.
Which is cheaper, FTKI or IWMY?: FTKI charges 0.86% a year and IWMY charges 1.05%, so FTKI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTKI vs IWMW FTKI vs RDTE FTKI vs ITWO FTKI vs RDTY IWMY vs RDTY IWMY vs RDTE IWMY vs RYLG IWMY vs ITWO

Where to next

Russell 2000 (IWM) →FTKI on its own →IWMY on its own →FTKI dividend history →FTKI holdings →IWMY dividend history →IWMY holdings →Method →Standards and sources →

Sources and dates

FTKI filings on SEC EDGAR ↗

FTKI prospectus with the expense ratio (SEC) ↗

FTKI 19a-1 distribution notice ↗

First Trust page for FTKI ↗

IWMY filings on SEC EDGAR ↗

IWMY prospectus with the expense ratio (SEC) ↗

IWMY 19a-1 distribution notice ↗

Defiance page for IWMY ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

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ETFIQ, FTKI against IWMY, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftki-vs-iwmy

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