Summary
IWMI
Prices · period metrics · 12M
NAV as of 16/07/2026
02/04/2025 → 02/04/2026
Return 32.40% Volatility 19.02% Sharpe 1.06
Official loaded data — not a live quote.

NEOS RUSSELL 2000 HIGH INCOME ETF

Symbol: IWMI

Exchange: BATS

Sector: Technology

Category: Derivative Income

Inception date: 24/06/2024

Latest date: 16/07/2026

Current price: $53.08

Expense ratio: 0.68%

Assets under management
$1.0B
0.21% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

1.67%

Ann. -33.05% (Sharpe / Sortino numerator)

Volatility

23.47%

Sharpe ratio

-1.562

VaR 95%

-2.01%

CVaR 95%: -2.07%
Max drawdown: -7.32%
Sortino ratio: -3.158
Calmar ratio: -4.51

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

8.66%

Ann. -0.08% (Sharpe / Sortino numerator)

Volatility

17.58%

Sharpe ratio

-0.211

VaR 95%

-1.69%

CVaR 95%: -1.96%
Max drawdown: -9.42%
Sortino ratio: -0.329
Calmar ratio: -0.01

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

11.53%

Ann. 8.28% (Sharpe / Sortino numerator)

Volatility

16.85%

Sharpe ratio

0.276

VaR 95%

-1.71%

CVaR 95%: -2.07%
Max drawdown: -9.42%
Sortino ratio: 0.432
Calmar ratio: 0.88

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

32.40%

Ann. 23.75% (Sharpe / Sortino numerator)

Volatility

19.02%

Sharpe ratio

1.058

VaR 95%

-1.76%

CVaR 95%: -2.68%
Max drawdown: -9.42%
Sortino ratio: 1.427
Calmar ratio: 2.52

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

34.75%

Ann. 17.43% (Sharpe / Sortino numerator)

Volatility

18.16%

Sharpe ratio

0.762

VaR 95%

-1.78%

CVaR 95%: -2.66%
Max drawdown: -23.88%
Sortino ratio: 1.038
Calmar ratio: 0.73

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 16/07/2025 - 16/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.116%

Best day

3.494%

31/03/2026
Worst day

-2.836%

05/06/2026
Days with data

251

Recent price history (last 90 days)

Date Open High Low Close Volume
16/07/2026 $52.97 $53.38 $52.88 $53.08 257,800
15/07/2026 $53.00 $53.26 $52.81 $53.08 333,000
14/07/2026 $53.04 $53.07 $52.72 $52.89 317,100
13/07/2026 $52.94 $53.00 $52.52 $52.67 326,700
10/07/2026 $53.33 $53.33 $52.67 $53.09 401,200
09/07/2026 $52.84 $53.31 $52.83 $53.23 292,800
08/07/2026 $52.77 $52.84 $52.14 $52.60 289,300
07/07/2026 $53.50 $53.54 $52.87 $53.06 445,200
06/07/2026 $53.28 $53.61 $53.25 $53.43 552,900
02/07/2026 $53.60 $53.81 $52.77 $53.18 288,300