NEOS Enhanced Income Credit Select ETF (HYBI) Alternatives
NEOS Enhanced Income Credit Select ETF (HYBI) belongs to the Nontraditional Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYBI. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to HYBI
HYBI charges 0.68% annually. Among ETFs in the Nontraditional Bonds category, these options have the lowest expense ratios among HYBI alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 0.23% | Dec 18, 2013 | HYBI vs AGZD | |
| JPMorgan Flexible Debt ETF | 0.45% | Sep 26, 2025 | HYBI vs JFLX | |
| Simplify Bond Bull ETF | 0.50% | Dec 9, 2024 | HYBI vs RFIX | |
| Fidelity Tactical Bond ETF | 0.55% | Jan 24, 2023 | HYBI vs FTBD | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 0.55% | Sep 27, 2021 | HYBI vs OBND |
Best Risk-Adjusted Alternatives to HYBI
Among ETFs in the Nontraditional Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 86 | Dec 18, 2013 | HYBI vs AGZD | |
| Abacus Tactical High Yield ETF | 84 | — | HYBI vs ABHY | |
| First Trust TCW Unconstrained Plus Bond ETF | 82 | Jun 4, 2018 | HYBI vs UCON | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 73 | Sep 27, 2021 | HYBI vs OBND | |
| RH Hedged Multi-Asset Income ETF | 71 | Oct 2, 2009 | HYBI vs AMAX |
Top Performing HYBI Alternatives (YTD)
HYBI alternatives from the Nontraditional Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Simplify Bond Bull ETF | 12.33% | Dec 9, 2024 | HYBI vs RFIX | |
| Return Stacked Bonds & Managed Futures ETF | 5.19% | Feb 7, 2023 | HYBI vs RSBT | |
| Cboe Vest 10 Year Interest Rate Hedge ETF | 2.52% | Feb 2, 2023 | HYBI vs RYSE | |
| FolioBeyond Alternative Income and Interest Rate H... | 1.82% | Sep 30, 2021 | HYBI vs RISR | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 1.24% | Dec 18, 2013 | HYBI vs AGZD |
Lowest Volatility Alternatives to HYBI
HYBI alternatives from the Nontraditional Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| JPMorgan Flexible Debt ETF | 2.51% | Sep 26, 2025 | HYBI vs JFLX | |
| First Trust TCW Unconstrained Plus Bond ETF | 2.92% | Jun 4, 2018 | HYBI vs UCON | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | 3.46% | Dec 18, 2013 | HYBI vs AGZD | |
| Brookmont Catastrophic Bond ETF | 3.53% | Mar 31, 2025 | HYBI vs ILS | |
| SPDR Loomis Sayles Opportunistic Bond ETF | 3.71% | Sep 27, 2021 | HYBI vs OBND |
Lowest Drawdown Alternatives to HYBI
HYBI alternatives from the Nontraditional Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | -1.14% | Dec 18, 2013 | HYBI vs AGZD | |
| First Trust TCW Unconstrained Plus Bond ETF | -2.45% | Jun 4, 2018 | HYBI vs UCON | |
| Day Hagan/Ned Davis Research Smart Sector Fixed In... | -2.61% | Sep 28, 2021 | HYBI vs SSFI | |
| FolioBeyond Alternative Income and Interest Rate H... | -2.61% | Sep 30, 2021 | HYBI vs RISR | |
| SPDR Loomis Sayles Opportunistic Bond ETF | -2.88% | Sep 27, 2021 | HYBI vs OBND |
Other ETFs from Neos
Most popular Neos ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| NEOS Nasdaq-100 High Income ETF | Derivative Income | 72 | -4.41% | Jan 29, 2024 | HYBI vs QQQI | |
| NEOS S&P 500 High Income ETF | Derivative Income, S&P 500 | 69 | -3.13% | Aug 29, 2022 | HYBI vs SPYI | |
| NEOS Bitcoin High Income ETF | Cryptocurrency, Derivative Income | 7 | -20.30% | Oct 16, 2024 | HYBI vs BTCI | |
| NEOS Gold High Income ETF | Derivative Income, Gold | — | 4.93% | Jun 4, 2025 | HYBI vs IAUI | |
| NEOS Russell 2000 High Income ETF | Derivative Income | 78 | 0.93% | Jun 24, 2024 | HYBI vs IWMI | |
| NEOS Nasdaq-100 Hedged Equity Income ETF | Hedge Fund | 69 | -3.47% | Dec 19, 2019 | HYBI vs QQQH | |
| Neos Enhanced Income Cash Alternative ETF | Ultrashort Bond | 97 | 1.30% | Aug 29, 2022 | HYBI vs CSHI | |
| NEOS Real Estate High Income ETF | Derivative Income | 22 | -0.02% | Jan 14, 2025 | HYBI vs IYRI | |
| NEOS MSCI EAFE High Income ETF | Derivative Income | — | -1.22% | Sep 16, 2025 | HYBI vs NIHI | |
| Neos Enhanced Income Aggregate Bond ETF | Intermediate Core-Plus Bond | 71 | 0.68% | Aug 29, 2022 | HYBI vs BNDI |
Often Compared With HYBI
What investors most often compare with HYBI, based on PortfoliosLab usage data.
Compare HYBI with Any Fund or Stock
Compare HYBI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.