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

Higher yieldRYLD12.05% vs 0.97%
Better 1-year total returnIWM+19.03% vs +17.67%
Better 5-year total returnIWM+34.51% vs +12.07%
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 September 25, 2026. The numbers update automatically after each trading session.

With dividends reinvested, IWM has led over the last 12 months at +19.03% versus +17.67% for RYLD. RYLD currently yields 12.05% (trailing 12-month) against 0.97% for IWM. Across five years the total-return gap is +34.51% for IWM vs +12.07% 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$15.55$281.97
Dividend yield12.05% (TTM)0.97% (TTM)
Expense ratio0.60%0.19%
Paysmonthlyquarterly
Dividends, last 12 months$1.87 (12 payments)$2.73 (4 payments)
IssuerGlobal XiShares
InceptionApr 18, 2019May 23, 2000

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 · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
RYLDRussell 2000 Covered Call ETF
12.05%
+17.67%$15.55$0.148MonthlyGlobal X
IWMiShares Russell 2000 ETF
0.97%
+19.03%Best$281.97$0.75QuarterlyiShares

Total returns

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

ETF1M3M6M1Y2Y5Y
RYLDRussell 2000 Covered Call ETF-3.46%+0.93%+10.46%+17.67%+23.54%+12.07%
IWMiShares Russell 2000 ETF-5.52%-5.42%+12.53%+19.03%+32.27%+34.51%

Dividends

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

ETFLatest payoutvs. priorTrailing 12MRecent payouts
RYLDRussell 2000 Covered Call ETF$0.148Sep 21, 2026-10.30%$1.87312 payoutsOct 20, 2025: $0.153Nov 24, 2025: $0.152Dec 22, 2025: $0.155Jan 20, 2026: $0.157Feb 23, 2026: $0.158Mar 23, 2026: $0.148Apr 20, 2026: $0.157May 18, 2026: $0.157Jun 22, 2026: $0.162Jul 20, 2026: $0.161Aug 24, 2026: $0.165Sep 21, 2026: $0.148
IWMiShares Russell 2000 ETF$0.75Sep 15, 2026+7.91%$2.7294 payoutsDec 20, 2023: $0.734Mar 21, 2024: $0.522Jun 11, 2024: $0.562Sep 25, 2024: $0.752Dec 17, 2024: $0.694Mar 18, 2025: $0.46Jun 16, 2025: $0.576Sep 16, 2025: $0.677Dec 16, 2025: $0.842Mar 17, 2026: $0.442Jun 15, 2026: $0.695Sep 15, 2026: $0.75

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

RYLDIWM
Sep 21, 2026$0.148Sep 15, 2026$0.750
Aug 24, 2026$0.165Jun 15, 2026$0.695
Jul 20, 2026$0.161Mar 17, 2026$0.442
Jun 22, 2026$0.162Dec 16, 2025$0.842
May 18, 2026$0.157Sep 16, 2025$0.677
Apr 20, 2026$0.157Jun 16, 2025$0.576
Mar 23, 2026$0.148Mar 18, 2025$0.460
Feb 23, 2026$0.158Dec 17, 2024$0.694
Jan 20, 2026$0.157Sep 25, 2024$0.752
Dec 22, 2025$0.155Jun 11, 2024$0.562
Nov 24, 2025$0.152Mar 21, 2024$0.522
Oct 20, 2025$0.153Dec 20, 2023$0.734

RYLD vs IWM: common questions

Which pays a higher dividend, RYLD or IWM?

As of September 25, 2026, RYLD yields 12.05% (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 +17.67% and IWM returned +19.03%. Over five years, RYLD returned +12.07% and IWM returned +34.51%. 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 September 25, 2026 would have grown to about $11,767 in RYLD and $11,903 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.

Related comparisons

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

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.