RYLD vs IWM: Dividend Yield, Total Return & Fees Compared

Russell 2000 Covered Call ETFiShares Russell 2000 ETF

Data as of the close · refreshed automatically every trading day

Performance: RYLD vs IWM

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

RYLDIWM

Total Return (%) · dividends reinvested · Nov 7, 2025 – Nov 9, 2026

DividendDuel.com
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Higher yieldRYLD12.08% vs 0.97%
Better 1-year total returnIWM+18.12% vs +13.61%
Better 5-year total returnIWM+24.65% vs +10.29%
Lower expense ratioIWM0.19% vs 0.60%

RYLD vs IWM at a glance

This page compares Russell 2000 Covered Call ETF (RYLD) with iShares Russell 2000 ETF (IWM) using prices and distributions through November 9, 2026. The numbers update automatically after each trading session.

With dividends reinvested, IWM has led over the last 12 months at +18.12% versus +13.61% for RYLD. RYLD currently yields 12.08% (trailing 12-month) against 0.97% for IWM. Across five years the total-return gap is +24.65% for IWM vs +10.29% for RYLD.

The higher-yielding fund (RYLD) has trailed on 1-year total return. Yield only measures the income a fund pays; total return also counts the change in share price, so it is the fuller basis for comparing the two.

Key figures for RYLD and IWM
MetricRYLDIWM
Last close$15.45$282.51
Dividend yield12.08% (TTM)0.97% (TTM)
Expense ratio0.60%0.19%
Paysmonthlyquarterly
Dividends, last 12 months$1.87 (12 payments)$2.73 (4 payments)
IssuerGlobal XiShares
Inception——

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
RYLDRussell 2000 Covered Call ETF
12.08%
+13.61%$15.45$0.1478MonthlyGlobal X
IWMiShares Russell 2000 ETF
0.97%
Best+18.12%$282.51$0.7504QuarterlyiShares

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
RYLDRussell 2000 Covered Call ETF+0.20%-2.64%+4.85%+13.61%+17.03%+10.29%
IWMiShares Russell 2000 ETF+1.28%-6.07%-0.09%+18.12%+21.15%+24.65%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
RYLDRussell 2000 Covered Call ETF$0.1478Oct 19, 2026+0.20%$1.866412 payoutsNov 24, 2025: $0.1518Dec 22, 2025: $0.1551Jan 20, 2026: $0.1573Feb 23, 2026: $0.1584Mar 23, 2026: $0.1475Apr 20, 2026: $0.1566May 18, 2026: $0.1568Jun 22, 2026: $0.1618Jul 20, 2026: $0.1605Aug 24, 2026: $0.1653Sep 21, 2026: $0.1475Oct 19, 2026: $0.1478
IWMiShares Russell 2000 ETF$0.7504Sep 15, 2026+7.96%$2.734 payoutsDec 20, 2023: $0.7339Mar 21, 2024: $0.5221Jun 11, 2024: $0.5622Sep 25, 2024: $0.7522Dec 17, 2024: $0.694Mar 18, 2025: $0.4599Jun 16, 2025: $0.5756Sep 16, 2025: $0.6768Dec 16, 2025: $0.8425Mar 17, 2026: $0.442Jun 15, 2026: $0.6951Sep 15, 2026: $0.7504

Downside and distribution variability

Income and ending returns do not describe the whole investment experience.

Across 1,265 shared trading dates from October 26, 2021 to November 9, 2026, the largest observed peak-to-trough decline with dividends reinvested was -21.36% for RYLD and -31.91% for IWM. These figures use the same available dates for both instruments, exclude intraday moves, and are not forecasts.

RYLD's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.1475 to $0.1653 per share across 12 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

IWM's recorded distributions over the 12 months ending November 9, 2026 ranged from $0.442 to $0.8425 per share across 4 distribution dates. A payment range includes special distributions and does not establish the amount of a future payment.

Fund expense ratios are annual operating costs, not a bill added to the historical returns shown here. Trading spreads, brokerage costs and personal taxes can reduce an investor's realized return.

Recent distributions

The latest 12 distributions per share, newest first. Dates are reported ex-dividend dates, not cash payment dates.

RYLDIWM
Oct 19, 2026$0.1478Sep 15, 2026$0.7504
Sep 21, 2026$0.1475Jun 15, 2026$0.6951
Aug 24, 2026$0.1653Mar 17, 2026$0.442
Jul 20, 2026$0.1605Dec 16, 2025$0.8425
Jun 22, 2026$0.1618Sep 16, 2025$0.6768
May 18, 2026$0.1568Jun 16, 2025$0.5756
Apr 20, 2026$0.1566Mar 18, 2025$0.4599
Mar 23, 2026$0.1475Dec 17, 2024$0.694
Feb 23, 2026$0.1584Sep 25, 2024$0.7522
Jan 20, 2026$0.1573Jun 11, 2024$0.5622
Dec 22, 2025$0.1551Mar 21, 2024$0.5221
Nov 24, 2025$0.1518Dec 20, 2023$0.7339

RYLD vs IWM: common questions

Which pays a higher dividend, RYLD or IWM?

As of November 9, 2026, RYLD yields 12.08% (trailing 12-month) and IWM yields 0.97% (trailing 12-month), so RYLD currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, RYLD or IWM?

Over the past year with dividends reinvested, RYLD returned +13.61% and IWM returned +18.12%. Over five years, RYLD returned +10.29% and IWM returned +24.65%. Past performance does not predict future results.

What would $10,000 in RYLD vs IWM be worth after one year?

With dividends reinvested, $10,000 invested one year before November 9, 2026 would have grown to about $11,361 in RYLD and $11,812 in IWM.

Which is cheaper to own, RYLD or IWM?

IWM has the lower expense ratio at 0.19% a year, compared with 0.60% for RYLD. On $10,000 that is roughly $19 vs $60 a year.

How often do RYLD and IWM pay dividends?

RYLD pays monthly (12 payments in the last 12 months) and IWM pays quarterly (4 payments).

Is RYLD or IWM the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Research RYLD and IWM beyond the yield

Use the same dates to compare an income strategy with its index alternative. Look at both reinvested total return and price return before using either fund's payout rate in an income scenario.

Review Russell 2000 Covered Call ETF (RYLD) payment history and iShares Russell 2000 ETF (IWM) payment history before choosing assumptions for the dividend reinvestment calculator. Run each scenario separately; the calculator uses your rates rather than importing these historical returns.

For a cash target, use the income goal calculator. Read our guide to comparing dividend ETFs and data and editorial approach for context on the historical figures.

Related comparisons

More side-by-side comparisons with RYLD and IWM.

Published by Delta Dividends LLC. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.