IWMI vs AVRE

Comparison between NEOS RUSSELL 2000 HIGH INCOME ETF (IWMI, ETF) and AVANTIS REAL ESTATE ETF (AVRE, ETF).

IWMI vs AVRE - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	IWMI(ETF)	AVRE(ETF)
Net Assets	$806M	$803M
Expense Ratio	0.68%	0.17%
Max Drawdown	27.88%	36.40%
Sharpe Ratio	1.68	0.64
5Y Beta	0.92	0.46
P/E Ratio	N/A	32.88
Forward P/E	N/A	36.34
5Y EPS CAGR	N/A	10.68%
Debt to Equity	N/A	42.71%
P/S Ratio	N/A	8.62
P/B Ratio	N/A	2.95

Net Assets

Winner

IWMI

$806M

AVRE

$803M

Expense Ratio

IWMI

0.68%

Winner

AVRE

0.17%

Max Drawdown

Winner

IWMI

27.88%

AVRE

36.40%

Sharpe Ratio

Winner

IWMI

1.68

AVRE

0.64

5Y Beta

IWMI

0.92

Winner

AVRE

0.46

P/E Ratio

IWMI

N/A

AVRE

32.88

Forward P/E

IWMI

N/A

AVRE

36.34

5Y EPS CAGR

IWMI

N/A

AVRE

10.68%

Debt to Equity

IWMI

N/A

AVRE

42.71%

P/S Ratio

IWMI

N/A

AVRE

8.62

P/B Ratio

IWMI

N/A

AVRE

2.95

IWMI vs AVRE - Holdings Comparison

IWMI and AVRE have 0 common holdings. Overlap is 0.00%

IWMI's top 25 holdings weight is 101.84%. AVRE's top 25 holdings weight is 58.48%.

Rank	IWMI	AVRE
#1	VANGUARD RUSSELL 2000 ETF (VTWO) - 101.36%	WELLTOWER INC (WELL) - 7.04%
#2	FIRST AMERICAN TREASURY OBLIGS X (FXFXX) - 0.48%	PROLOGIS INC (PLD) - 6.93%
#3	N/A	EQUINIX INC (EQIX) - 5.63%
#4	N/A	AMERICAN TOWER CORP (AMT) - 4.29%
#5	N/A	DIGITAL REALTY TRUST INC (DLR) - 3.40%
#6	N/A	SIMON PROPERTY GROUP INC (SPG) - 3.35%
#7	N/A	REALTY INCOME CORP (O) - 2.70%
#8	N/A	PUBLIC STORAGE (PSA) - 2.69%
#9	N/A	GOODMAN GROUP (n/a) - 2.63%
#10	N/A	VENTAS INC (VTR) - 2.18%
#11	N/A	IRON MOUNTAIN INC (IRM) - 1.98%
#12	N/A	CROWN CASTLE INC (CCI) - 1.92%
#13	N/A	EXTRA SPACE STORAGE INC (EXR) - 1.55%
#14	N/A	VICI PROPERTIES INC ORDINARY SHARES (VICI) - 1.50%
#15	N/A	AVALONBAY COMMUNITIES INC (AVB) - 1.40%
#16	N/A	EQUITY RESIDENTIAL (EQR) - 1.33%
#17	N/A	SBA COMMUNICATIONS CORP CLASS A (SBAC) - 1.17%
#18	N/A	ESSEX PROPERTY TRUST INC (ESS) - 0.94%
#19	N/A	HOST HOTELS & RESORTS INC (HST) - 0.86%
#20	N/A	SUN COMMUNITIES INC (SUI) - 0.85%
#21	N/A	LINK REAL ESTATE INVESTMENT TRUST (n/a) - 0.84%
#22	N/A	W.P. CAREY INC (WPC) - 0.83%
#23	N/A	INVITATION HOMES INC (INVH) - 0.83%
#24	N/A	OMEGA HEALTHCARE INVESTORS INC (OHI) - 0.83%
#25	N/A	KLEPIERRE (n/a) - 0.81%
Total Holdings	2	337

IWMI vs AVRE - Historical Returns

Returns include dividend reinvestment.

Period	IWMI	AVRE
1 month	+0.13%	-0.15%
3 months	+7.40%	+1.91%
6 months	+10.69%	+9.19%
1 year	+32.20%	+11.43%
5 years(CAGR)	N/A	+2.41%
Max(CAGR)	+17.35%	+2.41%

Winner

IWMI

+0.13%

AVRE

-0.15%

Winner

IWMI

+7.40%

AVRE

+1.91%

Winner

IWMI

+10.69%

AVRE

+9.19%

Winner

IWMI

+32.20%

AVRE

+11.43%

5Y(CAGR)

IWMI

N/A

AVRE

+2.41%

Max(CAGR)

Winner

IWMI

+17.35%

AVRE

+2.41%

IWMI vs AVRE - Annual Returns (2021 - 2026)

Returns include dividend reinvestment.

Year	IWMI	AVRE
2026	+10.45%	+8.63%
2025	+14.86%	+9.20%
2024	+6.59%	+0.27%
2023	N/A	+8.83%
2022	N/A	-23.13%
2021	N/A	+13.16%

IWMI vs AVRE Drawdown Comparison

The maximum drawdown for IWMI was -23.88%, occurring on Apr 8, 2025. Recovery took 189 trading sessions.

The maximum drawdown for AVRE was -32.47%, occurring on Oct 25, 2023. Recovery took 1076 trading sessions.

The current IWMI drawdown is -2.84%. The current AVRE drawdown is -1.54%.

Rank	IWMI	AVRE
#1	-23.88% Nov 29, 2024 - Sep 4, 2025	-32.47% Dec 31, 2021 - Apr 17, 2026
#2	-8.88% Jul 26, 2024 - Sep 19, 2024	-4.18% Nov 24, 2021 - Dec 8, 2021
#3	-8.39% Feb 26, 2026 - Apr 13, 2026	-3.04% May 6, 2026 - Jun 3, 2026
#4	-6.62% Oct 27, 2025 - Nov 26, 2025	-2.32% Apr 20, 2026 - May 6, 2026
#5	-3.49% May 6, 2026 - May 26, 2026	-1.35% Nov 3, 2021 - Nov 24, 2021
#6	-2.87% Jan 22, 2026 - Feb 9, 2026	-1.06% Dec 8, 2021 - Dec 15, 2021
#7	-2.84% Jun 4, 2026 - Jun 5, 2026	-0.97% Oct 28, 2021 - Nov 3, 2021
#8	-2.76% Oct 8, 2025 - Oct 14, 2025	-0.76% Dec 15, 2021 - Dec 22, 2021
#9	-2.60% Dec 11, 2025 - Jan 6, 2026	-0.73% Oct 7, 2021 - Oct 12, 2021
#10	-2.45% Oct 17, 2024 - Nov 6, 2024	-0.14% Oct 4, 2021 - Oct 6, 2021
#11	-2.33% Nov 11, 2024 - Nov 25, 2024	-0.07% Oct 15, 2021 - Oct 19, 2021
#12	-2.15% Feb 9, 2026 - Feb 26, 2026	-0.07% Dec 22, 2021 - Dec 27, 2021
#13	-1.99% Sep 30, 2024 - Oct 11, 2024	-0.01% Oct 26, 2021 - Oct 28, 2021
#14	-1.71% Oct 15, 2025 - Oct 24, 2025	N/A
#15	-1.46% Sep 19, 2024 - Sep 30, 2024	N/A