IWMY
Defiance R2000 Enhanced Options & 0DTE Income ETF
📎 Investment Objective
The Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance R2000 Enhanced Options & 0DTE Income Index.
Overview
ETF tracking Defiance R2000 Enhanced Options & 0DTE Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The Defiance R2000 Enhanced Options & 0DTE Income ETF (IWMY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Defiance R2000 Enhanced Options & 0DTE Income Index.
🎯 Investment Strategy
The ETF invests in a portfolio of options and other derivative instruments designed to generate income and provide downside protection. The fund aims to enhance returns on small-cap stocks through an options-based strategy.
✨ Key Features
- Focuses on generating income and downside protection through options-based strategies
- Targets small-cap stocks through the Russell 2000 Index
- Aims to enhance returns compared to a traditional small-cap index fund
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Derivative risk: The use of options and other derivatives can increase volatility and the risk of loss
- Small-cap risk: Small-cap stocks may be more volatile and less liquid than large-cap stocks
- Market risk: The value of the fund's holdings may decline due to general market conditions
- Income risk: The fund's income-generating strategies may not be successful
👤 Best For
This ETF may be suitable for investors seeking income generation and downside protection in the small-cap equity market. It may be appropriate for those with a higher risk tolerance and a longer investment horizon who are looking to potentially enhance returns compared to a traditional small-cap index fund.