Defiance R2000 Enhanced Options Income ETF

IWMY, an actively managed ETF, uses an options selling strategy to attempt to provide capped enhanced daily income to the value of the Russell 2000 Index. Secondarily, the fund seeks monthly distributions.

Demand for high-yielding stock investments surged in 2020, leading to the popularity of options-selling strategies, with funds like IWMY offering high yields but high risks. IWMY's strategy of selling daily in-the-money put options is fundamentally flawed, causing rapid NAV erosion and making it a yield trap. Despite positive total returns with dividend reinvestment, IWMY's declining AUM and unsustainable strategy make it a risky investment.

IWMY: Likely To Become Insolvent In A Few Years Unless Strategy Changes

IWMY's 51% yield is unusually high and potentially unsustainable, with significant risks due to its options-based strategy and return of capital distributions. The fund's strategy involves selling short-dated put options on the Russell 2000, limiting upside potential and exposing it to unlimited downside. A substantial portion of IWMY's portfolio is invested in low-yield Treasuries, hindering its ability to outperform in bull markets.

Beyond The High Yield: A Look At IWMY's Strategy And Potential Risks

Defiance S&P 500 Enhanced Options Income ETF

Defiance Nasdaq 100 Enhanced Options Income ETF

MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in thematic and income-based exchange-traded funds (ETFs), is excited to announce the renaming and strategy update for its suite of Daily Options Income ETFs to better reflect the adoption of same-day expiration options (0DTE) and an enhanced income strategy.

Defiance Announces Shift to Weekly Distributions and Name Change for 0DTE Income ETF Suite

IWMY's in-the-money option strategy with short expiration dates leads to capital decay. This leads to IWMY underperforming the Russell 2000 and other covered call ETFs like FEPI. Despite a 110.9% yield, IWMY's high distribution is unsustainable, primarily funded by return of capital, causing NAV deterioration. IWMY may suit a small, diverse portfolio in a flat market, but its risks outweigh rewards for most investors.

IWMY: Flawed Strategy Leading To Capital Erosion

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce upcoming changes effective September 26, 2024, to enhance the offerings of three Defiance ETFs:

Tidal Financial Group Announces Name Changes and Enhanced Options Strategies for Defiance ETFs

Defiance Nasdaq 100 Income Target ETF

Defiance S&P 500 Target Income ETF

Defiance Oil Enhanced Options Income ETF

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%).

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)

CHICAGO and MILWAUKEE and NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group announced today that the Board of Trustees of Tidal Trust II has approved a one-for-three (1-for-3) reverse split of the Defiance QQQY, JEPY, and IWMY ETFs.

Defiance Announces 1-for-3 Reverse Stock Split of QQQY, JEPY, and IWMY ETFs

IWMY is an ETF that uses options to try to generate high yields from the Russell 2000 (IWM). It achieves this by selling cash-covered puts, which limits potential upside but provides downside protection. IWMY only outperforms IWM in a range-bound market, like 2024 so far.

IWMY: Extracting High Dividends From The Russell 2000, Works Only In One Scenario

Defiance Treasury Alternative Yield Etf

MIAMI, June 28, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield ETF, SPYT – Defiance S&P 500 Target Income ETF, USOY – Defiance Oil Enhanced Options Income ETF, QQQT – Defiance Nasdaq 100 Income Target ETF. Distribution as of 06/28/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.6573 52.55% 07/01/2024 07/01/2024 07/02/2024 JEPY $0.4619 33.76% 07/01/2024 07/01/2024 07/02/2024 IWMY $0.6983 57.99% 07/01/2024 07/01/2024 07/02/2024 TRES $0.1500 10.58% 07/01/2024 07/01/2024 07/02/2024 SPYT $0.3369 20.00% 07/01/2024 07/01/2024 07/02/2024 USOY $1.2365 75.00% 07/01/2024 07/01/2024 07/02/2024 QQQT –– –– –– –– –– As of 05/31/2024 the 30 Day SEC yield** for QQQY is 4.22%, JEPY is 4.21%, IWMY is 4.35%, TRES is 4.70%, SPYT is 0.61%, and QQQT is ––.

Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).

Defiance R2000 Enhanced Options Income ETF (IWMY) is an income-oriented fund based on the Russell 2000 small-cap index. IWMY sells short-dated puts on the Russell 2000 to generate income, but most of its distributions are return of capital. The fund's high yield may not be sustainable due to the majority of distributions being return of capital.

IWMY: That Yield Is Too Good To Be True

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Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (84); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 4/24/24.

84 Monthly Paid Dividend Stocks And 80 Funds For April

IWMY is an actively managed ETF focused on generating current income for investors. The fund uses a strategy of holding U.S. Treasuries as collateral to reduce counterparty risk and selling put options on small-cap indices. A "higher for longer" interest rate scenario has reduced the net return on small caps, suggesting a possible upside in a rate-cutting cycle.

IWMY: Capitalizing On The Potential Bull Run In U.S. Small Caps

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Imagine stocks or funds that pay-out their dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more! These March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (82); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 3/18/24.

82 Monthly Paid Dividend Stocks And 80 Funds For March

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, and IWMY – Defiance R2000 Enhanced Options Income ETF Distribution as of 01/31/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.85 56.49% 02/1/2024 02/02/2024 02/6/2024 JEPY $0.58 37.85% 02/1/2024 02/02/2024.

**Defiance ETFs Announces Monthly Distributions on $QQQY (56.49%), $JEPY (37.85%), and $IWMY (78.85%)

NEW YORK--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance, a leader provider of options and income ETFs, today announced the launch of TRES, the Defiance Treasury Alternative Yield ETF (TRES). The fund will offer exposure to treasuries with an options overlay intended to maximize yield. TRES will be actively managed by Zega Financial. The ETF will seek to distribute dividends monthly. Identifying that the options market typically misrepresents expected moves in bond-based ETFs, Zega and Defiance aim to capitalize on.

Defiance Expands ETF Option-Income Offerings with the Treasury Alternative Yield ETF (TRES)

Option popularity has skyrocketed, and the funds engaging in this arena have proliferated. Why delay gratification with LEAPs or monthly options when you get 57% yield via shorter term option selling? Defiance R2000 Enhanced Options Income ETF's brief history shows you the "why."

IWMY: 57% Yield And Rapid Decay

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, and IWMY – Defiance R2000 Enhanced Options Income ETF. Distribution as of 12/26/2023 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.62 40.79% 12/28/2023 12/29/2023 1/4/2024 JEPY $0.50 32.48% 12/28/2023 12/29/20.

**Defiance ETFs Announces Monthly Distributions on $QQQY (40.79%), $JEPY (32.48%), and $IWMY (57.22%)

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneering force in the world of thematic and income-based exchange-traded funds (ETFs), is thrilled to announce a remarkable achievement as its three daily options (0DTE) income ETFs, JEPY, the Defiance S&P 500 Enhanced Option Income ETF, QQQY, the Defiance Nasdaq-100 Enhanced Option Income ETF, and IWMY, the R2000 Enhanced Options Income ETF have collectively amassed over $400 million in assets under management (AUM). JEPY, QQQY, and IWMY represent.

Defiance Suite of Daily Options (0DTE) Income ETFs, $QQQY, $JEPY & $IWMY Surpass $400M AUM

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Defiance Israel Bond ETF

Defiance ETFs has launched the Defiance Israel Bond ETF (NYSE Arca: CHAI) to provide exposure to the Israeli bond market. The fund begins trading on the New York Stock Exchange.

Defiance Launches Israel Bond ETF CHAI

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, and IWMY – Defiance R2000 Enhanced Options Income ETF Distribution as of 11/30/2023 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.93 60.52% 12/1/2023 12/4/2023 12/6/2023 JEPY $0.65 42.14% 12/1/2023 12/4/2023 1.

**Defiance ETFs Announces Monthly Distributions on $QQQY (60.52%), $JEPY (42.14%), and $IWMY (71.95%).

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneering force in the world of thematic and income-based exchange-traded funds (ETFs), is thrilled to announce a remarkable achievement as its three daily options (0DTE) income ETFs, JEPY, the Defiance S&P 500 Enhanced Option Income ETF, QQQY, the Defiance Nasdaq-100 Enhanced Option Income ETF, and IWMY, the R2000 Enhanced Options Income ETF have collectively amassed over $300 million in assets under management (AUM). JEPY, QQQY, and IWMY represent.

Defiance Suite of Daily Options (0DTE) Income ETFs, $QQQY, $JEPY, & $IWMY Surpass $300M AUM

Defiance ETFs has expanded its lineup of enhanced income options ETFs with the launch of the Defiance R2000 Enhanced Options Income ETF (NYSE Arca: IWMY). The fund is listed on the New York Stock Exchange.

Defiance ETFs' Active IWMY Uses Daily Options on Russell 2000

MIAMI--(BUSINESS WIRE)---- $IWMY #ETFs--Defiance ETFs, a pioneer in thematic and income ETFs, proudly introduces IWMY, the Defiance R2000 Enhanced Options Income ETF. IWMY, an actively managed put-write ETF, harnesses the power of daily options to help augment income, distributed on a monthly basis1, on the Russell 2000 index. "IWMY has the potential to reshape the Russell 2000 options income strategies within the ETF landscape, offering investors a new paradigm for income generation." - Sylvia Jablonski, CEO.

News for Defiance R2000 Enhanced Options Income ETF ETF (IWMY)