IWMI 📈 NEOS Russell 2000 High - Overview
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • • Derivative Income
IWMI: Stocks, Options
The fund is an actively-managed ETF that seeks to achieve its investment objective by (i) investing in one or more ETFs that seeks to track the Russell 2000® Index, a portfolio of stocks that make up the Russell 2000® Index, or a combination thereof; and (ii) utilizing a call options strategy to provide high monthly income, which primarily consists of writing (selling) call options on the Russell 2000®.
Additional Sources for IWMI ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
IWMI ETF Overview
| Market Cap in USD | 126m |
| Category | Derivative Income |
| TER | 0.68% |
| IPO / Inception | 2024-06-24 |
IWMI ETF Ratings
| Growth 5y | 50.5% |
| Fundamental | - |
| Dividend | 58.5% |
| Rel. Strength Industry | -24.4 |
| Analysts | - |
| Fair Price Momentum | 48.56 USD |
| Fair Price DCF | - |
IWMI Dividends
| Dividend Yield 12m | 7.43% |
| Yield on Cost 5y | 7.93% |
| Annual Growth 5y | 2.55% |
| Payout Consistency | 100.0% |
IWMI Growth Ratios
| Growth Correlation 3m | 63.3% |
| Growth Correlation 12m | 84.4% |
| Growth Correlation 5y | 84.4% |
| CAGR 5y | 6.68% |
| CAGR/Mean DD 5y | 3.68 |
| Sharpe Ratio 12m | 0.23 |
| Alpha | -20.26 |
| Beta | 1.04 |
| Volatility | 33.89% |
| Current Volume | 98k |
| Average Volume 20d | 79.9k |
What is the price of IWMI stocks?
As of December 21, 2024, the stock is trading at USD 49.61 with a total of 97,975 shares traded.
Over the past week, the price has changed by -4.61%, over one month by -4.80%, over three months by -0.36% and over the past year by +6.68%.
As of December 21, 2024, the stock is trading at USD 49.61 with a total of 97,975 shares traded.
Over the past week, the price has changed by -4.61%, over one month by -4.80%, over three months by -0.36% and over the past year by +6.68%.
Is NEOS Russell 2000 High a good stock to buy?
Partly, yes. Based on ValueRay Analyses, NEOS Russell 2000 High (BATS:IWMI) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 50.47 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IWMI as of December 2024 is 48.56. This means that IWMI is currently overvalued and has a potential downside of -2.12%.
Partly, yes. Based on ValueRay Analyses, NEOS Russell 2000 High (BATS:IWMI) is currently (December 2024) ok to buy, but has to be watched. It has a Growth Technical Rating of 50.47 and therefor an somewhat technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of IWMI as of December 2024 is 48.56. This means that IWMI is currently overvalued and has a potential downside of -2.12%.
Is IWMI a buy, sell or hold?
NEOS Russell 2000 High has no consensus analysts rating.
NEOS Russell 2000 High has no consensus analysts rating.
What are the forecast for IWMI stock price target?
According to ValueRays Forecast Model, IWMI NEOS Russell 2000 High will be worth about 54.1 in December 2025. The stock is currently trading at 49.61. This means that the stock has a potential upside of +9.01%.
According to ValueRays Forecast Model, IWMI NEOS Russell 2000 High will be worth about 54.1 in December 2025. The stock is currently trading at 49.61. This means that the stock has a potential upside of +9.01%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 54.1 | 9% |