Defiance R2000 Target 30 Income ETF (IWMY) Performance
IWMY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +7.1% since Dec 31, 2025
- 1 year
- +4.9% total return
- Since first price
- +36.7% since 2023
IWMY trailing returns vs SPY, QQQ, AGG
| Period | IWMY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.0% | −4.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −5.8% | −12.7% | +3.2% | +1.9% | −0.4% |
| 6 months | −0.9% | −14.7% | +7.8% | +8.4% | −1.5% |
| YTD | +7.1% | −16.0% | +12.3% | +15.1% | −1.0% |
| 1 year | +4.9% | −23.8% | +14.4% | +15.9% | −1.1% |
| Since inceptionOct 31, 2023 | +36.7% | −72.7% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IWMY vs SPY
From Oct 31, 2023: IWMY grew to $13,670, SPY to $18,843.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IWMY returns by calendar year
2 of 2 full years positive. Best 2025 (+10.2%), worst 2024 (+5.6%). 2026 is year to date.
IWMY annual returns table
| Year | IWMY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +7.1% | −11.6% | +12.3% | +15.1% | −1.0% |
| 2025 | +10.2% | −18.7% | +17.7% | +20.8% | +7.2% |
| 2024 | +5.6% | −7.1% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IWMY largest drawdowns
Now 9.1% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 18, 2025 | −18.7% | Apr 10, 2025 | Jul 2, 2025 | 51 days | 4 months |
| Jan 22, 2026 | −11.6% | Mar 30, 2026 | Apr 17, 2026 | 2 months | 3 months |
| Aug 14, 2026 | −10.7% | Oct 16, 2026 | not yet | 2 months | 2 months so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
IWMY risk statistics
| Statistic | Since 2023 |
|---|---|
| Annualized return | +11.8% |
| Volatility (annualized) | 13.1% |
| Sharpe ratio | 0.59 |
| Sortino ratio | 1.01 |
| Best month | +10.8% |
| Worst month | −5.2% |
| Best 12 months | +26.6% |
| Worst 12 months | +0.1% |
| Positive months | 60% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IWMY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 25 | +0.1% | +10.2% | +26.6% | 100% |
| 3-year (a year) | 1 | +11.0% | +11.0% | +11.0% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
IWMY performance overview
Defiance R2000 Target 30 Income ETF (IWMY) returned +4.9% over the past year, with distributions reinvested. Since its first recorded price on Oct 31, 2023 it has returned +36.7%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −18.7%, from Feb 18, 2025 to Apr 10, 2025, and it took 3 months to get back to the old high. Volatility has been 13.1% a year.
Related: IWMY chart, IWMY dividends. See the IWMY overview for the latest quote and fund facts.
IWMY performance FAQ
What is the IWMY return over the past year?
IWMY returned +4.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 23.8%.
How much would $10,000 invested in IWMY be worth?
$10,000 invested in IWMY at its first recorded close on October 31, 2023 would be worth about $13,670 on October 23, 2026 with distributions reinvested.
What was the worst year for IWMY?
The worst calendar year was 2024, with a total return of +5.6%. The best was 2025 at +10.2%.
What is the biggest drawdown of IWMY?
The largest peak-to-trough decline was −18.7% between February 18, 2025 and April 10, 2025. It recovered to the old high on July 2, 2025, 3 months after the bottom.
How volatile is IWMY?
Over the past history IWMY had an annualized volatility of 13.1% and a Sharpe ratio of 0.59 (excess return over 1–3 month T-bills per unit of risk).