NEOS Enhanced Income Credit Select ETF (HYBI)
The ETF aims to achieve total return through income and capital appreciation while providing tax-efficient monthly income. It invests in High-Yield and Investment Grade Securities using a proprietary quantitative model, coupled with a data-driven put option strategy, primarily via other ETFs focused on debt securities.
ETF Info
US78433H5845
78433H584
Sep 27, 2024
1x
No Index (Active)
Distributing
Expense Ratio
HYBI has an expense ratio of 0.68%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
HYBI
0.95%
1.58%
-0.04%
N/A
N/A
N/A
N/A
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of HYBI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.13% | 0.61% | -2.02% | -0.32% | 1.58% | 0.95% | |||||||
| 2024 | -1.14% | 1.07% | -0.98% | -1.07% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for NEOS Enhanced Income Credit Select ETF (HYBI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
NEOS Enhanced Income Credit Select ETF provided a 5.29% dividend yield over the last twelve months, with an annual payout of $2.64 per share.
| Period | TTM | 2024 |
|---|---|---|
| Dividend | $2.64 | $0.83 |
Dividend yield | 5.29% | 1.62% |
Monthly Dividends
The table displays the monthly dividend distributions for NEOS Enhanced Income Credit Select ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.40 | $0.39 | $0.36 | $0.32 | $0.35 | $1.81 | |||||||
| 2024 | $0.38 | $0.08 | $0.38 | $0.83 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the NEOS Enhanced Income Credit Select ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the NEOS Enhanced Income Credit Select ETF was 4.68%, occurring on Apr 8, 2025. The portfolio has not yet recovered.
The current NEOS Enhanced Income Credit Select ETF drawdown is 0.88%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.68% | Feb 27, 2025 | 29 | Apr 8, 2025 | — | — | — |
| -1.89% | Dec 9, 2024 | 8 | Dec 18, 2024 | 38 | Feb 14, 2025 | 46 |
| -1.19% | Nov 11, 2024 | 8 | Nov 20, 2024 | 11 | Dec 6, 2024 | 19 |
| -1.14% | Oct 1, 2024 | 23 | Oct 31, 2024 | 5 | Nov 7, 2024 | 28 |
| -0.2% | Feb 21, 2025 | 1 | Feb 21, 2025 | 2 | Feb 25, 2025 | 3 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...