SPDR Blackstone High Income ETF (HYBL)
HYBL is an actively managed ETF by SPDR. HYBL launched on Feb 16, 2022 and has a 0.70% expense ratio.
ETF Info
| ISIN | US78470P8462 |
|---|---|
| Issuer | SPDR |
| Inception Date | Feb 16, 2022 |
| Region | North America (U.S.) |
| Category | High Yield Bonds |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
HYBL features an expense ratio of 0.70%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: HYBL vs. VCRB, HYBL vs. SRLN, HYBL vs. SPY, HYBL vs. SPHY, HYBL vs. SPHD, HYBL vs. HYGH, HYBL vs. BKLN, HYBL vs. HIGH, HYBL vs. PBDC, HYBL vs. QQQI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SPDR Blackstone High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
SPDR Blackstone High Income ETF had a return of 8.36% year-to-date (YTD) and 13.01% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.36% | 25.45% |
| 1 month | 0.56% | 2.91% |
| 6 months | 5.28% | 14.05% |
| 1 year | 13.01% | 35.64% |
| 5 years (annualized) | N/A | 14.13% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of HYBL, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.32% | 0.36% | 1.54% | -0.10% | 0.92% | 0.79% | 1.25% | 1.03% | 1.33% | 0.06% | 8.36% | ||
| 2023 | 2.53% | -0.85% | 1.40% | 0.86% | -0.87% | 1.82% | 1.13% | 0.65% | -0.42% | -0.64% | 3.07% | 2.68% | 11.86% |
| 2022 | 0.05% | -0.45% | -2.18% | -0.96% | -4.27% | 4.37% | -1.05% | -3.92% | 2.15% | 1.89% | -0.13% | -4.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of HYBL is 98, placing it in the top 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SPDR Blackstone High Income ETF (HYBL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
SPDR Blackstone High Income ETF provided a 8.19% dividend yield over the last twelve months, with an annual payout of $2.34 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.34 | $2.23 | $1.39 |
Dividend yield | 8.19% | 7.93% | 5.10% |
Monthly Dividends
The table displays the monthly dividend distributions for SPDR Blackstone High Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.19 | $0.18 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.19 | $0.18 | $1.89 | |
| 2023 | $0.00 | $0.17 | $0.17 | $0.17 | $0.17 | $0.18 | $0.18 | $0.18 | $0.18 | $0.19 | $0.19 | $0.45 | $2.23 |
| 2022 | $0.12 | $0.12 | $0.12 | $0.13 | $0.13 | $0.15 | $0.15 | $0.15 | $0.32 | $1.39 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the SPDR Blackstone High Income 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 SPDR Blackstone High Income ETF was 8.46%, occurring on Sep 29, 2022. Recovery took 194 trading sessions.
The current SPDR Blackstone High Income ETF drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -8.46% | Mar 3, 2022 | 146 | Sep 29, 2022 | 194 | Jul 11, 2023 | 340 |
| -1.9% | Sep 19, 2023 | 24 | Oct 20, 2023 | 10 | Nov 3, 2023 | 34 |
| -1.24% | Aug 1, 2024 | 3 | Aug 5, 2024 | 7 | Aug 14, 2024 | 10 |
| -1.03% | Apr 10, 2024 | 6 | Apr 17, 2024 | 12 | May 3, 2024 | 18 |
| -0.79% | Aug 1, 2023 | 3 | Aug 3, 2023 | 14 | Aug 23, 2023 | 17 |
Volatility
Volatility Chart
The current SPDR Blackstone High Income ETF volatility is 0.59%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.