Performance analysis of IWMI (NEOS RUSSELL 2000 HIGH INCOME ETF)
Annual Return
Since Jun 25, 2024, IWMI has had an average annual return of +19.13%, underperforming the benchmark SPY, which returned +19.99% annual.
| 2026 | 2025 | 2024 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| +14.50% | +15.01% | +6.59% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.09% | +1.03% | -4.03% | +8.94% | +3.79% | +0.33% | +14.50% | ||||||
| 2025 | +2.55% | -4.33% | -5.71% | -1.31% | +5.12% | +4.09% | +1.93% | +5.51% | +3.06% | +2.04% | +1.53% | +0.25% | +15.01% |
| 2024 | +1.17% | +5.46% | -0.59% | +1.65% | -0.68% | +7.34% | -7.26% | +6.59% |
Drawdown analysis of IWMI (NEOS RUSSELL 2000 HIGH INCOME ETF)
The maximum drawdown for the IWMI was -23.88%, occurring on Apr 8, 2025. Recovery took 102 trading sessions.
Since Jun 25, 2024 IWMI has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -23.88% | Nov 29, 2024 | 87 | Apr 8, 2025 | 102 | Sep 4, 2025 | 189 |
| -8.88% | Jul 26, 2024 | 6 | Aug 5, 2024 | 32 | Sep 19, 2024 | 38 |
| -8.38% | Feb 26, 2026 | 22 | Mar 30, 2026 | 9 | Apr 13, 2026 | 31 |
| -6.61% | Oct 27, 2025 | 18 | Nov 20, 2025 | 4 | Nov 26, 2025 | 22 |
| -3.49% | May 6, 2026 | 9 | May 19, 2026 | 4 | May 26, 2026 | 13 |
| -2.87% | Jan 22, 2026 | 10 | Feb 5, 2026 | 2 | Feb 9, 2026 | 12 |
| -2.75% | Oct 8, 2025 | 2 | Oct 10, 2025 | 2 | Oct 14, 2025 | 4 |
| -2.60% | Dec 11, 2025 | 13 | Dec 31, 2025 | 3 | Jan 6, 2026 | 16 |
| -2.45% | Oct 17, 2024 | 10 | Oct 31, 2024 | 4 | Nov 6, 2024 | 14 |
| -2.33% | Nov 11, 2024 | 4 | Nov 15, 2024 | 6 | Nov 25, 2024 | 10 |
| -2.15% | Feb 9, 2026 | 3 | Feb 12, 2026 | 9 | Feb 26, 2026 | 12 |
| -1.98% | Sep 30, 2024 | 3 | Oct 3, 2024 | 6 | Oct 11, 2024 | 9 |
| -1.71% | Oct 15, 2025 | 2 | Oct 17, 2025 | 5 | Oct 24, 2025 | 7 |
| -1.46% | Sep 19, 2024 | 4 | Sep 25, 2024 | 3 | Sep 30, 2024 | 7 |
| -1.33% | Sep 18, 2025 | 5 | Sep 25, 2025 | 5 | Oct 2, 2025 | 10 |
| -1.32% | Jul 16, 2024 | 3 | Jul 19, 2024 | 5 | Jul 26, 2024 | 8 |
| -1.01% | Nov 28, 2025 | 2 | Dec 2, 2025 | 1 | Dec 3, 2025 | 3 |
| -0.97% | Apr 27, 2026 | 2 | Apr 29, 2026 | 1 | Apr 30, 2026 | 3 |
| -0.68% | May 28, 2026 | 2 | Jun 1, 2026 | 1 | Jun 2, 2026 | 3 |
| -0.68% | Jan 16, 2026 | 1 | Jan 20, 2026 | 1 | Jan 21, 2026 | 2 |
| -0.68% | Sep 11, 2025 | 1 | Sep 12, 2025 | 4 | Sep 18, 2025 | 5 |
| -0.67% | Jun 28, 2024 | 4 | Jul 5, 2024 | 3 | Jul 10, 2024 | 7 |
| -0.67% | Oct 6, 2025 | 1 | Oct 7, 2025 | 1 | Oct 8, 2025 | 2 |
| -0.64% | Sep 8, 2025 | 2 | Sep 10, 2025 | 1 | Sep 11, 2025 | 3 |
| -0.60% | Apr 20, 2026 | 1 | Apr 21, 2026 | 4 | Apr 27, 2026 | 5 |