Defiance R2000 Target 30 Weekly Distribution ETF (IWMY)Trading--Miscellaneous | Exchange Traded Fund | NYSEArca
19.63 USD
+0.05
(0.255%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ☆☆☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:51 p.m. EDT
IWMY is a capital trap disguised as a high-yield vehicle. The 57.85% yield is a phantom result of a collapsing NAV, evidenced by massive dividend payouts (over $4 in late 2024) against a lingering NAV below $20. News explicitly warns of insolvency, and options flow confirms a bearish blow-off top is in play with massive short-put liquidity. This is an avoid situation due to fundamental erosion and high options-based downside risk. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.029773 |
| AutoETS | 0.029774 |
| MSTL | 0.031056 |
| AutoTheta | 0.033967 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 42% |
| H-stat | 23.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.206 |
| Excess Kurtosis | -1.07 |
As of April 18, 2026, 10:51 p.m. EDT: Options data shows significant bearish positioning in the short term. For the April 17 expiration, total put activity (vol + oi) heavily outweighs call activity across strikes 17.0 and 21.0. Furthermore, the ATM IV for 417 puts (2.36) is significantly elevated compared to calls (0.63), indicating the market is pricing in a higher probability of downside volatility or a larger sell-side gamma exposure in the near term. Put OI dominance at the 17 strike suggests a bearish target near the previous lows.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.58% | 55.83% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.111 | 0.578426 |
| 2026-04-09 | 0.105 | 0.560550 |
| 2026-04-02 | 0.101 | 0.562065 |
| 2026-03-26 | 0.106 | 0.597620 |
| 2026-03-19 | 0.107 | 0.600123 |
| 2026-03-12 | 0.109 | 0.610899 |
| 2026-03-05 | 0.112 | 0.607260 |
| 2026-02-26 | 0.115 | 0.602159 |
| 2026-02-19 | 0.116 | 0.607862 |
| 2026-02-12 | 0.118 | 0.628869 |
| 2026-02-05 | 0.117 | 0.633930 |
| 2026-01-29 | 0.118 | 0.620877 |
| 2026-01-22 | 0.119 | 0.611954 |
| 2026-01-15 | 0.119 | 0.620832 |
| 2026-01-08 | 0.118 | 0.628303 |
| 2025-12-31 | 0.116 | 0.642081 |
| 2025-12-24 | 0.119 | 0.643901 |
| 2025-12-18 | 0.118 | 0.646389 |
| 2025-12-11 | 0.119 | 0.634289 |
| 2025-12-04 | 0.157 | 0.855626 |
| 2025-11-26 | 0.288 | 1.577787 |
| 2025-11-20 | 0.159 | 0.900019 |
| 2025-11-13 | 0.165 | 0.918453 |
| 2025-11-06 | 0.165 | 0.909294 |
| 2025-10-30 | 0.169 | 0.912487 |
| 2025-10-23 | 0.221 | 1.198120 |
| 2025-10-16 | 0.247 | 1.333117 |
| 2025-10-09 | 0.231 | 1.217919 |
| 2025-10-02 | 0.228 | 1.206263 |
| 2025-09-25 | 0.362 | 1.956456 |
| 2025-09-18 | 0.232 | 1.236087 |
| 2025-09-11 | 0.232 | 1.256530 |
| 2025-09-04 | 0.231 | 1.278084 |
| 2025-08-28 | 0.232 | 1.286531 |
| 2025-08-21 | 0.230 | 1.302383 |
| 2025-08-14 | 0.231 | 1.310358 |
| 2025-08-07 | 0.229 | 1.314148 |
| 2025-07-31 | 0.237 | 1.367633 |
| 2025-07-24 | 0.238 | 1.361471 |
| 2025-07-17 | 0.240 | 1.366907 |
| 2025-07-10 | 0.244 | 1.381793 |
| 2025-07-03 | 0.241 | 1.374066 |
| 2025-06-26 | 0.240 | 1.406200 |
| 2025-06-18 | 0.238 | 1.412086 |
| 2025-06-12 | 0.241 | 1.422824 |
| 2025-06-05 | 0.238 | 1.442559 |
| 2025-05-29 | 0.238 | 1.461620 |
| 2025-05-22 | 0.246 | 1.525234 |
| 2025-05-15 | 0.241 | 1.467784 |
| 2025-05-08 | 0.242 | 1.511648 |
| 2025-05-01 | 0.235 | 1.508133 |
| 2025-04-24 | 0.337 | 2.209355 |
| 2025-04-17 | 0.331 | 2.217819 |
| 2025-04-10 | 0.280 | 1.983092 |
| 2025-04-03 | 0.310 | 2.048552 |
| 2025-03-27 | 0.321 | 1.975358 |
| 2025-03-20 | 0.321 | 1.960698 |
| 2025-03-13 | 0.329 | 2.057324 |
| 2025-03-06 | 0.283 | 1.751191 |
| 2025-02-27 | 0.257 | 1.556802 |
| 2025-02-20 | 0.269 | 1.561146 |
| 2025-02-13 | 0.299 | 1.733356 |
| 2025-02-06 | 0.301 | 1.745595 |
| 2025-01-30 | 0.104 | 0.605329 |
| 2025-01-23 | 0.302 | 1.753424 |
| 2025-01-16 | 0.294 | 1.749244 |
| 2025-01-08 | 0.303 | 1.833924 |
| 2024-12-31 | 0.304 | 1.854310 |
| 2024-12-26 | 0.258 | 1.550818 |
| 2024-12-19 | 0.270 | 1.667218 |
| 2024-12-12 | 0.325 | 1.908020 |
| 2024-12-05 | 0.257 | 1.506531 |
| 2024-11-27 | 0.360 | 2.104790 |
| 2024-11-21 | 0.322 | 1.905828 |
| 2024-11-14 | 0.424 | 2.530632 |
| 2024-11-07 | 0.329 | 1.925067 |
| 2024-10-31 | 0.317 | 1.927960 |
| 2024-10-24 | 0.308 | 1.848750 |
| 2024-10-10 | 0.420 | 2.479897 |
| 2024-10-01 | 2.239 | 13.292519 |
| 2024-09-03 | 3.672 | 22.642342 |
| 2024-07-31 | 2.643 | 15.536417 |
| 2024-07-01 | 2.094 | 12.978076 |
| 2024-06-03 | 2.730 | 16.924361 |
| 2024-05-01 | 4.230 | 27.193341 |
| 2024-04-01 | 3.210 | 20.111740 |
| 2024-03-01 | 3.300 | 21.154415 |
| 2024-02-01 | 3.870 | 25.135152 |
| 2023-12-28 | 3.000 | 18.898527 |
| 2023-12-01 | 3.750 | 25.027150 |
| Attribute | Value |
|---|---|
| All Time High | 69.27 |
| All Time Low | 17.44 |
| Ask | 0.0 |
| Ask Size | 400 |
| Average Daily Volume10 Day | 48,120 |
| Average Daily Volume3 Month | 67,942 |
| Average Volume | 67,942 |
| Average Volume10Days | 48,120 |
| Beta3 Year | 0.0 |
| Bid | 0.0 |
| Bid Size | 300 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 19.6685 |
| Day Low | 19.4999 |
| Dividend Yield | 57.85 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 19.03978 |
| Fifty Day Average Change | 0.5902195 |
| Fifty Day Average Change Percent | 0.030999282 |
| Fifty Two Week Change Percent | -15.131861 |
| Fifty Two Week High | 24.73 |
| Fifty Two Week High Change | -5.1000004 |
| Fifty Two Week High Change Percent | -0.20622727 |
| Fifty Two Week Low | 17.44 |
| Fifty Two Week Low Change | 2.1899986 |
| Fifty Two Week Low Change Percent | 0.1255733 |
| Fifty Two Week Range | 17.44 - 24.73 |
| First Trade Date Milliseconds | 1,698,845,400,000 |
| Full Exchange Name | NYSEArca |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,698,624,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income while maintaining the opportunity for indirect exposure to the value of the index, subject to a limit on potential gains from increases in the value of the index. The fund is non-diversified. |
| Long Name | Defiance R2000 Target 30 Weekly Distribution ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1852944781 |
| Nav Price | 19.5718 |
| Net Assets | 91,723,440.0 |
| Net Expense Ratio | 1.05 |
| Open | 19.52 |
| Pre Market Change | -0.1799984 |
| Pre Market Change Percent | -0.9169557 |
| Pre Market Price | 19.45 |
| Pre Market Time | 1,776,762,347 |
| Previous Close | 19.58 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.0499992 |
| Regular Market Change Percent | 0.255359 |
| Regular Market Day High | 19.6685 |
| Regular Market Day Low | 19.4999 |
| Regular Market Day Range | 19.4999 - 19.6685 |
| Regular Market Open | 19.52 |
| Regular Market Previous Close | 19.58 |
| Regular Market Price | 19.63 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 58,364 |
| Short Name | Defiance R2000 Weekly Distribut |
| Source Interval | 15 |
| Symbol | IWMY |
| Total Assets | 91,723,440 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -1.89083 |
| Trailing Three Month Returns | -1.89083 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.24498 |
| Two Hundred Day Average Change | -1.6149807 |
| Two Hundred Day Average Change Percent | -0.07601705 |
| Type Disp | ETF |
| Volume | 58,364 |
| Yield | 0.5785 |
| Ytd Return | -1.89083 |