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Data as of .

IWMW vs RYLD: which paid, and which earned it?

Over the year IWMW paid 19.0% of its price in cash against RYLD’s 12.3%, though RYLD returned more with it reinvested.

iShares Russell 2000 BuyWrite ETF and Global X Russell 2000 Covered Call ETF.

19.0%IWMW cash paid, 1 year
12.3%RYLD cash paid, 1 year
+14.2%IWMW total return, 1 year
+16.1%RYLD total return, 1 year

ETFIQ Return Stability Score: RYLD scores higher

Was the payout funded by returns, or by your own capital?

IWMW 44.3RYLD 65.93.8, the lowest in this set96.8, the highest

A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

IWMW3 pts behind IWM · 1 year to Sep 18, 2026
IWM+17.2%IWMW+14.2%19.0% of it arrived as cash3 pts behind IWMTotal return, distributions reinvestedIWM+17.2%IWMW+14.2%19.0% as cash3 pts behind IWM
RYLD1.1 pts behind IWM · 1 year to Sep 18, 2026
IWM+17.2%RYLD+16.1%12.3% of it arrived as cash1.1 pts behind IWMTotal return, distributions reinvestedIWM+17.2%RYLD+16.1%12.3% as cash1.1 pts behind IWM

What they hold in common

By the books each fund has filed, IWMW and RYLD hold 0% of their money in the same securities at the same weight.

Only in each
Only in IWMWOnly in RYLD
ISHARES RUSSELL 2000 ETF 100.60%GLOBAL X RUSSELL 2000 ETF 102.02%
USD CASH 0.38%CASH 1.02%
ETD LO USD BALANCE WITH R93535 0.00%CANADIAN DOLLAR 0.00%
ETD USD BALANCE WITH R93535 0.00%CARTESIAN THERAPEUTICS INC 0.00%
OCT26 RUT C @ 2915.000000 -0.98%INHIBRX INC 0.00%
NOVARTIS AG - CVR 0.00%
OMNIAB INC - 12.5 EARNOUT 0.00%
OMNIAB INC - 15.00 EARNOUT 0.00%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 18, 2026.

Performance, window by window

IWMW and RYLD over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
IWMWRYLDIWMWRYLDIWMWRYLD
3 months+0.5%+1.3%3.6%3.0%+4.2 pts+5.0 pts
6 months+14.7%+12.9%9.7%6.4%−3.2 pts−5.0 pts
1 year+14.2%+16.1%19.0%12.3%−3.0 pts−1.1 pts
3 yearsnot published+29.5%not published32.2%not published−33.0 pts
Since launch+28.4%+49.8%42.5%67.2%−16.2 pts−51.2 pts
Open the live comparison on ETFIQ
IWMW and RYLD on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IWMW
iShares Russell 2000 BuyWrite ETF
Covered call on IWM, paying monthly
RYLD
Global X Russell 2000 Covered Call ETF
Covered call on IWM, paying monthly
IssueriSharesGlobal X
Strategycovered callcovered call
BenchmarkRussell 2000 (IWM)Russell 2000 (IWM)
Paysmonthlymonthly
Payout rate, annualized7.4%12.6%
Expense ratio0.39%0.60%
Cash paid, 1 year19.0%12.3%
Price change, 1 year−6.2%+2.9%
Total return, 1 year+14.2%+16.1%
Benchmark return, 1 year+17.2%+17.2%
Ahead or behind−3.0 pts−1.1 pts
Return of capital, latest estimatenot published100%
Age917 days2706 days
Net assets$58m$1.4bn

IWMW in plain words

Over the year to Sep 18, 2026, IWMW paid 19.0% of its starting value in cash distributions while its price fell 6.2%. With every distribution reinvested, the fund returned +14.2%. Russell 2000 (IWM) returned +17.2% over the same days, so a holder was behind by 3.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.4%, paid monthly.

RYLD in plain words

Over the year to Sep 18, 2026, RYLD paid 12.3% of its starting value in cash distributions while its price rose 2.9%. With every distribution reinvested, the fund returned +16.1%. Russell 2000 (IWM) returned +17.2% over the same days, so a holder was behind by 1.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 12.6%, paid monthly. Global X estimates that 100% of the distribution paid Aug 27, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, IWMW or RYLD?
Over the year to Sep 18, 2026, IWMW paid 19.0% of its starting price in cash and RYLD paid 12.3%, so IWMW 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 RYLD?
With every distribution reinvested, IWMW returned +14.2% and RYLD returned +16.1% over the year to Sep 18, 2026, so RYLD returned more.
Which is cheaper, IWMW or RYLD?
IWMW charges 0.39% a year and RYLD charges 0.60%, so IWMW is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

IWMW against RYLD, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IWMW against RYLD, data as of Sep 18, 2026. https://etfiq.com/compare/income/iwmw-vs-ryld Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources