FSCO vs. HYBI
FSCO (FS Credit Opportunities Corp.) is a stock, while HYBI (NEOS Enhanced Income Credit Select ETF) is Nontraditional Bonds fund actively managed by Neos. Over the past year, FSCO returned -24.26% vs 5.80% for HYBI. Their 0.21 correlation means their historical movements had little consistent relationship.
Performance
FSCO vs. HYBI - Performance Comparison
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Returns By Period
In the year-to-date period, FSCO achieves a -14.85% return, which is significantly lower than HYBI's 2.00% return.
FSCO
- 1D
- -0.40%
- 1M
- 1.20%
- 6M
- -12.54%
- YTD
- -14.85%
- 1Y
- -24.26%
- 3Y*
- 11.66%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 12.86%
HYBI
- 1D
- 0.08%
- 1M
- -0.14%
- 6M
- 1.31%
- YTD
- 2.00%
- 1Y
- 5.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.57%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.16M | $4.36M | $5.06M | |
| $1.18M | $1.25M | $1.61M |
FSCO vs. HYBI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FSCO FS Credit Opportunities Corp. | -14.85% | 3.68% | 9.49% |
HYBI NEOS Enhanced Income Credit Select ETF | 2.00% | 6.97% | -0.53% |
Correlation
The correlation between FSCO and HYBI is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (All Time) Calculated using the full available price history since Sep 30, 2024 | 0.21 |
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Return for Risk
FSCO vs. HYBI — Risk / Return Rank
FSCO
HYBI
FSCO vs. HYBI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for FS Credit Opportunities Corp. (FSCO) and NEOS Enhanced Income Credit Select ETF (HYBI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCO | HYBI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.55 | ||
| Sortino ratioReturn per unit of downside risk | -3.66 | ||
| Omega ratioGain probability vs. loss probability | 0.85 | 1.32 | -0.47 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 3.96 | -4.64 |
| Martin ratioReturn relative to average drawdown | -1.20 | 12.35 | -13.55 |
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Drawdowns
FSCO vs. HYBI - Drawdown Comparison
The maximum FSCO drawdown since its inception was -35.53%, which is greater than HYBI's maximum drawdown of -4.68%. Use the drawdown chart below to compare losses from any high point for FSCO and HYBI.
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Drawdown Indicators
| FSCO | HYBI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.53% | -4.68% | -30.85% |
Max Drawdown (1Y)Largest decline over 1 year | -35.53% | -1.43% | -34.10% |
Max Drawdown (3Y)Largest decline over 3 years | -35.53% | — | — |
Current DrawdownCurrent decline from peak | -25.65% | -0.35% | -25.30% |
Average DrawdownAverage peak-to-trough decline | -8.70% | -0.59% | -8.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 20.18% | 0.46% | +19.72% |
Volatility
FSCO vs. HYBI - Volatility Comparison
FS Credit Opportunities Corp. (FSCO) has a higher volatility of 3.72% compared to NEOS Enhanced Income Credit Select ETF (HYBI) at 0.89%. This indicates that FSCO's price experiences larger fluctuations and is considered to be riskier than HYBI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSCO | HYBI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.72% | 0.89% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 22.49% | 2.39% | +20.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.60% | 3.38% | +24.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.86% | 4.84% | +23.02% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 27.86% | 4.84% | +23.02% |
Dividends
FSCO vs. HYBI - Dividend Comparison
FSCO's dividend yield for the trailing twelve months is around 15.48%, more than HYBI's 8.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
FSCO FS Credit Opportunities Corp. | 15.48% | 12.65% | 10.47% | 11.26% | 1.95% |
HYBI NEOS Enhanced Income Credit Select ETF | 8.31% | 8.48% | 2.21% | 0.00% | 0.00% |
Frequently Asked Questions
FSCO and HYBI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSCO has higher volatility (3.72%) compared to HYBI (0.89%). In terms of maximum drawdown, FSCO dropped -35.53% vs HYBI's -4.68%.
HYBI currently has the higher Sharpe Ratio (1.67 vs -0.88), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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