Neos Russell 2000 Etf Profile
IWMI Etf | 53.45 0.10 0.19% |
Performance16 of 100
| Odds Of DistressLess than 9
|
NEOS Russell is trading at 53.45 as of the 30th of November 2024. This is a 0.19 percent increase since the beginning of the trading day. The etf's open price was 53.35. NEOS Russell has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for NEOS Russell 2000 are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of September 2024 and ending today, the 30th of November 2024. Click here to learn more.
NEOS Russell is entity of United States. It is traded as Etf on BATS exchange. More on NEOS Russell 2000
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NEOS Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Small Cap ETFs, Size And Style ETFs, Derivative Income (View all Sectors) |
Issuer | NEOS Investment Management |
Inception Date | 2024-06-25 |
Entity Type | Regulated Investment Company |
Asset Type | Equity |
Category | Size and Style |
Focus | Small Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | U.S. Bancorp Fund Services, LLC |
Advisor | NEOS Investment Management, LLC |
Custodian | U.S. Bank, N.A. |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Garrett Paolella, Troy Cates, Ryan Houlton |
Transfer Agent | U.S. Bancorp Fund Services, LLC |
Exchange | Cboe BZX Exchange, Inc. |
Number of Constituents | 4.0 |
Market Maker | Jane Street |
Total Expense | 0.78 |
Management Fee | 0.68 |
Country Name | USA |
Code | IWMI |
Updated At | 29th of November 2024 |
Name | NEOS Russell 2000 High Income ETF |
Currency Name | US Dollar |
Currency Code | USD |
Open Figi | BBG01NH9PL79 |
Type | ETF |
NEOS Russell 2000 [IWMI] is traded in USA and was established null. The fund is listed under Derivative Income. The entity is thematically classified as Small Cap ETFs. NEOS Russell 2000 currently have in assets under management (AUM).
Check NEOS Russell Probability Of Bankruptcy
NEOS Russell 2000 Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in NEOS Russell. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1303 | |||
Jensen Alpha | 0.0166 | |||
Total Risk Alpha | (0.01) | |||
Sortino Ratio | 0.0069 |
NEOS Russell Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in NEOS Russell 2000. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in population. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
The market value of NEOS Russell 2000 is measured differently than its book value, which is the value of NEOS that is recorded on the company's balance sheet. Investors also form their own opinion of NEOS Russell's value that differs from its market value or its book value, called intrinsic value, which is NEOS Russell's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because NEOS Russell's market value can be influenced by many factors that don't directly affect NEOS Russell's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between NEOS Russell's value and its price as these two are different measures arrived at by different means. Investors typically determine if NEOS Russell is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, NEOS Russell's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.