- ISIN
- US78433H5845
- CUSIP
- 78433H584
- Issuer
- Neos
- Inception Date
- Sep 27, 2024
- Category
- Nontraditional Bonds
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $225M
Share Price Chart
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Performance
HYBI Performance Chart
NEOS Enhanced Income Credit Select ETF (HYBI) is up 1.6% since the beginning of the year. HYBI is currently trading at $49 per share.
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Returns By Period
NEOS Enhanced Income Credit Select ETF (HYBI) has returned 1.56% so far this year and 7.35% over the past 12 months.
NEOS Enhanced Income Credit Select ETF
- 1D
- -0.24%
- 1M
- 0.27%
- YTD
- 1.56%
- 6M
- 2.01%
- 1Y
- 7.35%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
HYBI Monthly Returns History
Based on dividend-adjusted daily data since Sep 30, 2024, HYBI's average daily return is +0.02%, while the average monthly return is +0.38%. At this rate, an investment would double in approximately 15.2 years.
Historically, 67% of months were positive and 33% were negative. The best month was Jun 2025 with a return of +1.9%, while the worst month was Mar 2025 at -2.0%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HYBI closed higher 54% of trading days. The best single day was Apr 9, 2025 with a return of +3.2%, while the worst single day was Apr 10, 2025 at -2.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.68% | 0.30% | -0.67% | 1.11% | 0.33% | -0.19% | 1.56% | ||||||
| 2025 | 1.13% | 0.61% | -2.02% | -0.32% | 1.58% | 1.92% | 0.39% | 1.27% | 0.98% | -0.01% | 0.69% | 0.59% | 6.97% |
| 2024 | -1.14% | 1.66% | -0.98% | -0.48% |
Benchmark Metrics
NEOS Enhanced Income Credit Select ETF has an annualized alpha of 0.56%, beta of 0.24, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since October 01, 2024.
- This ETF participated in 23.33% of S&P 500 Index downside but only 21.65% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.24 indicates this ETF moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 0.56%
- Beta
- 0.24
- R²
- 0.66
- Upside Capture
- 21.65%
- Downside Capture
- 23.33%
Expense Ratio
HYBI has an expense ratio of 0.68%, placing it in the medium range.
Return for Risk
Risk / Return Rank
HYBI ranks 80 for risk / return — better than 80% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for NEOS Enhanced Income Credit Select ETF (HYBI) and compare them to S&P 500 Index.
| HYBI | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.05 | ||
| Sortino ratioReturn per unit of downside risk | +0.44 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.41 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 5.17 | 2.93 | +2.24 |
| Martin ratioReturn relative to average drawdown | 16.91 | 13.52 | +3.39 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
NEOS Enhanced Income Credit Select ETF provided a 8.37% dividend yield over the last twelve months, with an annual payout of $4.14 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $4.14 | $4.27 | $1.13 |
Dividend yield | 8.37% | 8.48% | 2.21% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.34 | $0.34 | $0.33 | $0.33 | $0.33 | $0.00 | $1.68 | ||||||
| 2025 | $0.40 | $0.39 | $0.36 | $0.32 | $0.35 | $0.36 | $0.36 | $0.35 | $0.36 | $0.34 | $0.34 | $0.34 | $4.27 |
| 2024 | $0.38 | $0.38 | $0.38 | $1.13 |
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.
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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. Recovery took 51 trading sessions.
The current NEOS Enhanced Income Credit Select ETF drawdown is 0.24%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -4.68%Apr 2025 | 1mo 10d | 2mo 16d | 3mo 26dFeb 2025 - Jun 2025 |
2024 pullback2024 | -1.89%Dec 2024 | 9d | 1mo 28d | 2mo 7dDec 2024 - Feb 2025 |
2026 pullback2026 | -1.43%Mar 2026 | 18d | 1mo 2d | 1mo 20dFeb 2026 - Apr 2026 |
2025 pullback2025 | -1.21%Oct 2025 | 3d | 14d | 17dOct 2025 - Oct 2025 |
2024 pullback2024 | -1.14%Oct 2024 | 1mo | 7d | 1mo 7dOct 2024 - Nov 2024 |
Drawdown Indicators
| HYBI | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.68% | -56.78% | +52.10% |
Max Drawdown (1Y)Largest decline over 1 year | -1.43% | -9.10% | +7.67% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.24% | -0.74% | +0.50% |
Average DrawdownAverage peak-to-trough decline | -0.62% | -10.72% | +10.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.44% | 1.97% | -1.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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