SmarterDividends

IWMY vs WDTE: Yield, Cost and Returns Compared

As of Nov 7, 2026, IWMY yields more: 37.66% (dividend yield) against 34.55% for WDTE. WDTE is cheaper to own at 1.03% a year vs 1.05%. Over the same 2 years (Nov 2023 to Oct 2026), WDTE returned 13.2% a year with distributions reinvested, and IWMY 10.4%.

ComparedIWMYWDTE
YieldDividend yield37.66%34.55%
Expense ratio1.05%1.03%
Total return, 1 yr+5.2%+12.4%
Total return, 3 yr (a year)—+14.7%
Worst drop since Nov 2023-9.3%-8.7%
Share price since Nov 2023−74%−51%
PaysWeeklyWeekly
IssuerDefiance ETFs LLCDefiance ETFs LLC
Assets$79.5M$69.5M
Started20232023
TypeTrading--MiscellaneousTrading--Miscellaneous

Higher yield

IWMY

37.66%

Lower cost

WDTE

1.03%

Better total return

WDTE

13.2%/yr

Smaller worst drop

WDTE

-8.7%

Key facts: IWMY vs WDTE

Data as of · Source: SmarterDividends data

  • As of Nov 7, 2026, IWMY yields 37.66% (dividend yield) and WDTE yields 34.55% (dividend yield).
  • IWMY's expense ratio is 1.05% and WDTE's is 1.03%: $105 vs $103 a year on $10,000.
  • From Nov 2023 to Oct 2026, $10,000 in IWMY grew to $13,339 (10.4% a year) and $10,000 in WDTE to $14,347 (13.2% a year), distributions reinvested.
  • Their worst month-end drops over that time: -9.3% for IWMY and -8.7% for WDTE.
  • 1 of IWMY's top ten holdings are also in WDTE's top ten, an overlap of at least 2% of the fund.
Cite this page

SmarterDividends, "IWMY vs WDTE: Yield, Cost and Returns Compared," updated Nov 7, 2026, https://smarterdividends.com/compare/iwmy-vs-wdte

$10,000 in each, Nov 2023 to Oct 2026

Distributions reinvested, month-end values, with the S&P 500 for reference.

IWMY became

$13,339

10.4% a year

WDTE became

$14,347

13.2% a year

Try other dates, monthly additions or more tickers →

Year by year

YearIWMYWDTE
2025+10.8%+14.3%
2024+5.6%+9.2%

Total return each calendar year, distributions reinvested.

Top holdings

1 of the top ten overlap, at least 2% of each fund.

IWMY

  1. FGXXX First American Government Obligs X2.0%

WDTE

  1. FGXXX First American Government Obligs X5.2%

IWMY vs WDTE: questions

Is IWMY or WDTE better?

It depends on the job. IWMY pays more today (37.66% vs 34.55%), WDTE costs less, and WDTE has the better total return over Nov 2023 to Oct 2026, with WDTE holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.

Which pays a higher dividend, IWMY or WDTE?

IWMY, at 37.66% against 34.55% for WDTE as of Nov 7, 2026. On $10,000 that's about $3,766 vs $3,455 a year at today's rates.

Which has the better total return?

WDTE. From Nov 2023 to Oct 2026, it returned 13.2% a year with distributions reinvested, against 10.4% for IWMY. $10,000 became $14,347 vs $13,339.

Which is cheaper, IWMY or WDTE?

WDTE, with a 1.03% expense ratio against 1.05%.

Do IWMY and WDTE hold the same things?

Partly. 1 of their top ten holdings match (FGXXX), at least 2% of each fund. Owning both doubles up on those.

Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. WDTE leads on 4 of 5 measures above. For information only, not investment advice. Last fund data: Nov 7, 2026.