---
ticker: "IWMI"
name: "NEOS Russell 2000 High Income ETF"
url: "https://etf.net/etf/IWMI"
grade: "B"
score: 59
graded_at: "2026-10-12"
category: "Russell 2000 Option Income"
category_rank: "5 of 9"
methodology: "https://etf.net/methodology"
---

# IWMI: NEOS Russell 2000 High Income ETF

Grade **B**, Score 59 of 100. Rank 5 of 9 in Russell 2000 Option Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 51 | 5 of 9 |
| Mission | Not scored | — |
| Risk | 46 | 4 of 9 |
| Tradability | 94 | 1 of 9 |
| Holdings | 51 | 3 of 6 |
| Durability | 68 | 2 of 9 |

## Top holdings

The fund holds 2 positions. These are the largest 2, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | VTWO | Vanguard Russell 2000 ETF | 98.88% |
| 2 | Cash&Other | Cash & Other | 1.85% |

Source: etf.net, https://etf.net/etf/IWMI. Please cite the page URL.