SPDR Blackstone High Income ETF (HYBL) belongs to the High Yield Bonds category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with HYBL. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to HYBL
HYBL charges 0.70% annually. There are 102 ETFs in the High Yield Bonds category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Schwab High Yield Bond ETF | 0.03% | 2.68B | Jul 2023 | HYBL vs SCYB | |
| SPDR Portfolio High Yield Bond ETF | 0.05% | 11.41B | Jun 2012 | HYBL vs SPHY | |
| Nuveen High Yield Corporate Bond ETF | 0.08% | 1.71B | Sep 2025 | HYBL vs NHYB | |
| iShares Broad USD High Yield Corporate Bond ETF | 0.15% | 28.80B | Oct 2017 | HYBL vs USHY | |
| Xtrackers USD High Yield Corporate Bond ETF | 0.15% | 3.54B | Dec 2016 | HYBL vs HYLB |
Best Risk-Adjusted Alternatives to HYBL
HYBL has a PortfoliosLab risk / return rank of 70. There are 35 ETFs in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 96 | 907.20M | Aug 2018 | HYBL vs BSJQ | |
| WisdomTree Interest Rate Hedged High Yield Bond Fu... | 90 | 255.19M | Dec 2013 | HYBL vs HYZD | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | 90 | 22.06M | Nov 2024 | HYBL vs LDRH | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 89 | 852.94M | Sep 2019 | HYBL vs BSJR | |
| iShares iBonds 2027 Term High Yield and Income ETF | 89 | 499.12M | Jul 2021 | HYBL vs IBHG |
Top Performing HYBL Alternatives (YTD)
HYBL is at 1.56% YTD. There are 67 ETFs in the High Yield Bonds category with higher YTD returns, going as high as 8.09%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Digital Asset Debt Strategy ETF | 8.09% | — | Aug 2025 | HYBL vs DADS | |
| Man Active High Yield ETF | 5.06% | 19.82M | Sep 2025 | HYBL vs MHY | |
| VanEck Vectors Emerging Markets High Yield Bond ET... | 4.28% | 522.28M | May 2012 | HYBL vs HYEM | |
| ProShares High Yield-Interest Rate Hedged | 3.86% | 179.11M | May 2013 | HYBL vs HYHG | |
| iShares Interest Rate Hedged High Yield Bond ETF | 3.54% | 566.14M | May 2014 | HYBL vs HYGH |
Lowest Volatility Alternatives to HYBL
HYBL has 2.62% 1-year volatility. There are 8 ETFs in the High Yield Bonds category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Xtrackers J.P. Morgan ESG USD High Yield Corporate... | 0.00% | 6.49M | Mar 2015 | HYBL vs ESHY | |
| Invesco BulletShares 2026 High Yield Corp Bond ETF | 1.35% | 907.20M | Aug 2018 | HYBL vs BSJQ | |
| Pacific Global Senior Loan ETF | 1.47% | 637.48M | Feb 2015 | HYBL vs FLRT | |
| State Street My2027 High Yield Corporate Bond ETF | 1.84% | 4.98M | Feb 2026 | HYBL vs MYHA | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | 1.96% | 852.94M | Sep 2019 | HYBL vs BSJR |
Lowest Drawdown Alternatives to HYBL
HYBL has a 1-year max drawdown of -2.41%. There are 38 ETFs in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.54%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco BulletShares 2026 High Yield Corp Bond ETF | -0.54% | 907.20M | Aug 2018 | HYBL vs BSJQ | |
| iShares iBonds 2027 Term High Yield and Income ETF | -0.73% | 499.12M | Jul 2021 | HYBL vs IBHG | |
| Invesco BulletShares 2027 High Yield Corporate Bon... | -1.16% | 852.94M | Sep 2019 | HYBL vs BSJR | |
| iShares iBonds 2028 Term High Yield and Income ETF | -1.22% | 450.96M | Mar 2022 | HYBL vs IBHH | |
| iShares iBonds 1-5 Year High Yield and Income Ladd... | -1.23% | 22.06M | Nov 2024 | HYBL vs LDRH |
Other ETFs from State Street
The 10 most viewed State Street ETFs shown here include SPY, GLD, XLK and span 10 categories. AUM among these funds goes as high as $783B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| State Street SPDR S&P 500 ETF | S&P 500 | 66 | 10.84% | 783.21B | Jan 1993 | HYBL vs SPY | |
| SPDR Gold Shares | Gold, Precious Metals | 24 | -6.10% | 132.10B | Nov 2004 | HYBL vs GLD | |
| State Street Technology Select Sector SPDR ETF | Technology Equities | 66 | 27.85% | 120.59B | Dec 1998 | HYBL vs XLK | |
| State Street SPDR Portfolio S&P 500 Growth ETF | S&P 500, Large Cap Growth Equities | 49 | 12.15% | 52.75B | Sep 2000 | HYBL vs SPYG | |
| State Street SPDR Portfolio S&P 500 High Dividend ... | S&P 500, Dividend | 52 | 14.61% | 7.40B | Oct 2015 | HYBL vs SPYD | |
| State Street Energy Select Sector SPDR ETF | Energy Equities | 54 | 29.13% | 36.33B | Dec 1998 | HYBL vs XLE | |
| State Street SPDR Portfolio S&P 500 ETF | S&P 500 | 67 | 10.90% | 158.31B | Nov 2005 | HYBL vs SPYM | |
| SPDR Gold MiniShares Trust | Gold, Precious Metals | 24 | -6.00% | 27.70B | Jun 2018 | HYBL vs GLDM | |
| State Street Utilities Select Sector SPDR ETF | Utilities Equities | 30 | 8.46% | 23.51B | Dec 1998 | HYBL vs XLU | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | Government Bonds, Ultrashort Bond | 100 | 1.89% | 46.75B | May 2007 | HYBL vs BIL |
Often Compared With HYBL
Investors most often compare HYBL with SRLN, HIGH, PBDC. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare HYBL with Any Fund or Stock
Compare HYBL with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair HYBL with funds that move differently
SPDR Blackstone High Income ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to HYBL.
Explore HYBL Diversifiers