R2000 Weekly Distribution ETF
R2000 Weekly Distribution ETF (AMEX: IWMY) is an exchange-traded fund listed on NYSE Arca, trading at $17.17 (about ₹1,649 a unit) as of 29 Sep 2026, 4:00 PM ET. It has an expense ratio of 1.05% and holds 5 securities. Indian residents can buy IWMY through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$17.08
Today's high
$17.28
52 week low
$17.08
52 week high
$23.30
IWMY opened at $17.24, closed previously at $17.25, and has traded between $17.08 and $23.30 over the past 52 weeks.
About
IWMY is an actively managed exchange-traded fund designed to generate daily income and provide monthly distributions through the strategic deployment of options. The fund employs two distinct options-based approaches. Its primary strategy seeks to secure daily income by writing short-dated put options, either at-the-money or up to 5% in-the-money, with an expiration typically occurring on the following trading day. Profitability from these positions is contingent on an appreciation in the value of the Russell 2000 Index. The secondary strategy focuses on generating monthly distributions by selling in-the-money put options, aiming for a minimum daily income target of 0.25%. Should this target prove unachievable, the fund will instead sell options priced at their prevailing market value to optimize income generation. Crucially, IWMY will not adopt defensive postures during unfavorable market conditions, nor will it fully or directly participate in the upside performance of the underlying index. Consequently, the fund's risk and return profile is subject to daily fluctuations. A substantial portion of the portfolio is allocated to short-term U.S. Treasury securities, serving as collateral for its short put option obligations.
Key statistics
Expense ratio
1.05%
Assets (AUM)
$88.5M
Holdings
5
NAV
$17.22
Avg. volume
—
1-year price change
-24.99%
5-year price change
—
Price change excludes dividends.
Top 5 holdings
IWMY holds 5 securities in total. These 5 are 100.0% of the fund.
Where the money is invested
Sectors
Countries
How to buy IWMY from India
Indian residents can buy IWMY units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search IWMY and buy
Find the fund by its ticker, IWMY, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Read the full guide: how to invest in IWMY from India
Trading and taxes when buying IWMY from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Units are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
What is the IWMY price today?
R2000 Weekly Distribution ETF (IWMY) last traded at $17.17 on NYSE Arca, as of 29 Sep 2026, 4:00 PM ET. That is ₹1,649 a unit at the 29 Sep 2026 USD/INR rate.
When does IWMY trade, in Indian time?
NYSE Arca trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is IWMY, and what does it cost to hold?
R2000 Weekly Distribution ETF manages about $88.5M. Its expense ratio is 1.05% a year, deducted inside the fund. It launched in 2023.
What are IWMY's largest holdings?
The top three are RUT 12/18/2026 200.34 C (94.6%), Cash & Other (4.3%) and First American Government Obligations Fund 12/01/2031 (1.2%). IWMY's 5 largest positions make up 100.0% of the fund.
Does IWMY pay dividends?
Yes. IWMY is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate. The US withholds 25% tax on dividends before they reach you; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit when you file in India.
How are gains on IWMY taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of IWMY?
Yes. You can buy IWMY by amount rather than by whole unit, and there is no minimum trade size.
How has IWMY performed?
IWMY's price is down 25.0% over the past year. These figures are price change only and exclude dividends; past performance does not guarantee future returns.