TUA vs IWMI
Comparison between SIMPLIFY SHORT TERM TREASURY FUTURES STRATEGY ETF (TUA, ETF) and NEOS RUSSELL 2000 HIGH INCOME ETF (IWMI, ETF).
TUA vs IWMI - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
TUA
$802M
Winner
IWMI
$806M
Expense Ratio
Winner
TUA
0.25%
IWMI
0.68%
Max Drawdown
Winner
TUA
22.29%
IWMI
27.88%
Sharpe Ratio
TUA
-1.00
Winner
IWMI
1.68
5Y Beta
Winner
TUA
-0.08
IWMI
0.92
TUA vs IWMI - Historical Returns
Returns include dividend reinvestment.
1M
TUA
-1.93%
Winner
IWMI
+0.13%
3M
TUA
-5.15%
Winner
IWMI
+7.40%
6M
TUA
-5.32%
Winner
IWMI
+10.69%
1Y
TUA
-2.95%
Winner
IWMI
+32.20%
Max(CAGR)
TUA
-1.64%
Winner
IWMI
+17.35%
TUA vs IWMI - Annual Returns (2022 - 2026)
Returns include dividend reinvestment.
| Year | TUA | IWMI |
|---|---|---|
| 2026 | -6.14% | +10.45% |
| 2025 | +7.17% | +14.86% |
| 2024 | -2.92% | +6.59% |
| 2023 | -2.33% | N/A |
| 2022 | -0.81% | N/A |
TUA vs IWMI Drawdown Comparison
The maximum drawdown for TUA was -15.84%, occurring on Oct 17, 2023. This drawdown has not yet recovered.
The maximum drawdown for IWMI was -23.88%, occurring on Apr 8, 2025. Recovery took 189 trading sessions.
The current TUA drawdown is -10.79%. The current IWMI drawdown is -2.84%.
| Rank | TUA | IWMI |
|---|---|---|
| #1 | -15.84% Mar 24, 2023 - Oct 17, 2023 | -23.88% Nov 29, 2024 - Sep 4, 2025 |
| #2 | -9.27% Jan 18, 2023 - Mar 13, 2023 | -8.88% Jul 26, 2024 - Sep 19, 2024 |
| #3 | -2.81% Mar 17, 2023 - Mar 23, 2023 | -8.39% Feb 26, 2026 - Apr 13, 2026 |
| #4 | -2.63% Dec 16, 2022 - Jan 12, 2023 | -6.62% Oct 27, 2025 - Nov 26, 2025 |
| #5 | -2.47% Mar 15, 2023 - Mar 17, 2023 | -3.49% May 6, 2026 - May 26, 2026 |
| #6 | -2.15% Mar 13, 2023 - Mar 15, 2023 | -2.87% Jan 22, 2026 - Feb 9, 2026 |
| #7 | -1.50% Nov 16, 2022 - Dec 1, 2022 | -2.84% Jun 4, 2026 - Jun 5, 2026 |
| #8 | -1.48% Dec 1, 2022 - Dec 13, 2022 | -2.76% Oct 8, 2025 - Oct 14, 2025 |
| #9 | -0.80% Jan 12, 2023 - Jan 18, 2023 | -2.60% Dec 11, 2025 - Jan 6, 2026 |
| #10 | -0.20% Dec 14, 2022 - Dec 16, 2022 | -2.45% Oct 17, 2024 - Nov 6, 2024 |
| #11 | N/A | -2.33% Nov 11, 2024 - Nov 25, 2024 |
| #12 | N/A | -2.15% Feb 9, 2026 - Feb 26, 2026 |
| #13 | N/A | -1.99% Sep 30, 2024 - Oct 11, 2024 |
| #14 | N/A | -1.71% Oct 15, 2025 - Oct 24, 2025 |
| #15 | N/A | -1.46% Sep 19, 2024 - Sep 30, 2024 |
Correlation
Correlation between TUA and IWMI is 0.14 which considered as a very weak or no correlation - the stocks move independently of each other.
0.14
-101
Dividend Comparison (2022 - 2026)
TUA vs IWMI dividend yield comparison.
| Year | TUA | IWMI |
|---|---|---|
| 2026 | 0.98% | 5.87% |
| 2025 | 3.84% | 14.05% |
| 2024 | 5.19% | 8.78% |
| 2023 | 4.83% | 0.00% |
| 2022 | 0.15% | 0.00% |
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