Data as of Nov 4, 2026.

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Income ETFs

IWMW 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 IWMW’s 18.4%, though IWMW returned more with it reinvested.

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Net assets on Nov 3, 2026: $55m for iShares IWM Premium Income+ ETF and $79m for Defiance R2000 Weekly Distribution ETF.

At a glance
18.4%
IWMW cash paid, 1 year
28.6%
IWMY cash paid, 1 year
+13.1%
IWMW total return, 1 year
+7.9%
IWMY total return, 1 year
IWMW · 1 year to Nov 4, 2026 5.9 pts behind IWM
IWMW
+13.1%
IWM
+19.0%

5.9 pts behind IWM

IWMW over 1 year: paid 18.4%, price −6.4%, total +13.1%, IWM +19.0%, −5.9 pts. Data to Nov 4, 2026.

IWM

+19.0%

IWMW

+13.1%

18.4% of it arrived as cash

5.9 pts behind IWM

Total return, distributions reinvested

5.9 pts behind IWM

IWMW over 1 year: paid 18.4%, price −6.4%, total +13.1%, IWM +19.0%, −5.9 pts. Data to Nov 4, 2026.

IWM

+19.0%

IWMW

+13.1%

18.4% as cash

5.9 pts behind IWM

18.4% of it arrived as cash. Total return, distributions reinvested. IWMW over 1 year: paid 18.4%, price −6.4%, total +13.1%, IWM +19.0%, −5.9 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

IWMW costs 0.66 points a year less; their one-year returns differ by 5.2 points; IWMY is 1.4 times larger.

Points (pts) are percentage points.

IWMW vs IWMY: Dividend Yield & Total Return
MeasureIWMWIWMY
Paid and earned
Total return, 1 year+13.1%+7.9%
Price change, 1 yearfell 6.4%fell 21.4%
Return of capital, issuer estimate4% of the Oct 7, 2026 payment100% of the Oct 30, 2026 payment
Against its benchmark
BenchmarkRussell 2000, measured through IWMRussell 2000, measured through IWM
Cost and size
Expense ratio0.39%1.05%
Net assets, as of Nov 3, 2026$55m$79m
Holdings
Holdings in common0%
ETFIQ Distribution Coverage Score · IWMW scores higher How much of what it paid out did its total return cover?
IQ Income Score44IWMW25.4IWMY

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

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

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first IWMW IWMY
Only in one fund ↓
Only in IWMW
ISHARES RUSSELL 2000 ETF 101.25%
NOV26 RUT C @ 2822.61 -0.24%
NOV26 RUTW C @ 2868.08 -0.32%
NOV26 RUT C @ 2822.61 -0.37%
NOV26 RUT C @ 2831.42 -0.42%
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

IWMW iShares IWM Premium Income+ ETF · Covered call on IWM, paying monthly IWMY Defiance R2000 Weekly Distribution ETF · Option income on IWM, paying weekly
Strategy covered call option income
Benchmark Russell 2000 (IWM) Russell 2000 (IWM)
Pays monthly weekly
Payout rate, annualized 16.9% 29.9%
Expense ratio 0.39% 1.05%
Cash paid, 1 year 18.4% 28.6%
Price change, 1 year −6.4% −21.4%
Total return, 1 year +13.1% +7.9%
Benchmark return, 1 year +19.0% +19.0%
Ahead or behind −5.9 pts −11.1 pts
Return of capital, latest estimate 4% 100%
Age 2.6 years 3.0 years
Net assets, as of Nov 3, 2026 $55m $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: IWMW vs IWMY: Dividend Yield & Total Return
Total returnCash paidAgainst the benchmark
WindowIWMWIWMYIWMWIWMYIWMWIWMY
3 months−2.7%−6.1%3.4%7.0%+2.3 pts−1.1 pts
6 months+6.2%−2.3%8.6%14.0%+6.6 pts−1.8 pts
1 year+13.1%+7.9%18.4%28.6%−5.8 pts−11.0 pts
3 years–+36.8%–90.4%–−31.5 pts
Since launchNot the same days: IWMW Mar 2024 · IWMY Oct 2023+29.2%+40.4%44.8%92.7%−15.4 pts−38.1 pts

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About each fund
IWMW

Over the year to Nov 4, 2026, IWMW paid 18.4% of its starting value in cash distributions while its price fell 6.4%. With every distribution reinvested, the fund returned +13.1%. Russell 2000 (IWM) returned +19.0% over the same days, so a holder was behind by 5.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 16.9%, paid monthly. iShares estimates that 4% of the distribution paid Oct 7, 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, IWMW or IWMY?
Over the year to Nov 4, 2026, IWMW paid 18.4% 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, IWMW or IWMY?
With every distribution reinvested, IWMW returned +13.1% and IWMY +7.9% over the year to Nov 4, 2026.
Which is cheaper, IWMW or IWMY?
IWMW charges 0.39% a year and IWMY charges 1.05%, so IWMW is cheaper. Fees come from each fund's prospectus.
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Sources and dates

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

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