IWMY is a Defiance weekly dividend ETF in the covered-call category. Its estimated annualized distribution yield is 35.8%, based on the trailing 90-day actual payment run-rate rather than a projected figure. IWMY pays distributions on a weekly schedule.
Why It Matters
IWMY's yield tier and risk classification together determine how much of its distribution is likely sustainable income versus volatility-driven payout.
- •Estimated annualized yield of 35.8% — a high-yield tier fund.
- •Next-dividend prediction confidence: 84%.
Investor Takeaway: Investors tracking IWMY typically watch both the next predicted payment and the fund's risk trend together, not yield in isolation.
TL;DR: IWMY last paid $0.0991 per share; CRADY Score 68.1/100.
IWMY Quick Facts
IWMY ETF Overview
A weekly income ETF targeting a 30% annual cash distribution through a daily call spread strategy on the Russell 2000.
- Provider: Defiance
- Category: covered-call
- Asset Class: Options Income ETF
- Benchmark: Russell 2000
Investment Strategy
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the Russell 2000 Index (the “Index”).
IWMY Dividend Yield Analysis
Based on IWMY's trailing 90-day distribution run-rate and its current price of $17.17, CRADY estimates an annualized distribution yield of 35.8%. This figure reflects recent actual payments extrapolated to a full year — not a guaranteed or contractual yield. High distribution yields on option-income ETFs often come from a mix of option premium and return of capital, which can affect the fund's share price over time.
IWMY Distribution Summary
Over its last 12 payments (2026-07-17 to 2026-10-02), IWMY paid a combined $1.29 per share, averaging $0.1073 per distribution (ranging from $0.0991 to $0.1119).
For the full payment-by-payment history and CRADY's next-payment forecast, see the IWMY Next Dividend Prediction.
IWMY Payout Frequency
IWMY pays distributions on a weekly schedule, based on its recent distribution history.
IWMY Fund Information
- Expense Ratio
- 1.05%
- AUM
- $87.45M
- Inception Date
- 2023-10-30
- Holdings Count
- 5
Frequently Asked Questions
IWMY's estimated annualized distribution yield is 35.8%, based on its trailing 90-day payment run-rate.
IWMY pays distributions on a weekly schedule.
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the Russell 2000 Index (the “Index”).
CRADY calculates IWMY's annualized distribution yield from a "run-rate": it sums the actual dividends paid over the trailing 90 days, divides by 90 for a daily average, multiplies by 365, and divides by the current share price. This reflects real recent payments, not an issuer's projected yield.
IWMY's expense ratio is 1.05%.
IWMY is issued and managed by Defiance.
자주 묻는 질문
IWMY의 최근 90일 배당 기준 연환산 예상 수익률은 약 35.8%입니다.
IWMY는 주간 배당을 지급합니다.
IWMY는 Defiance가 발행 및 운용하는 ETF입니다.