PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
HYBL vs. QQQI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

HYBL vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SPDR Blackstone High Income ETF (HYBL) and NEOS Nasdaq 100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.79%
9.44%
HYBL
QQQI

Returns By Period


HYBL

YTD

8.38%

1M

0.38%

6M

4.84%

1Y

12.27%

5Y (annualized)

N/A

10Y (annualized)

N/A

QQQI

YTD

N/A

1M

1.73%

6M

9.80%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


HYBLQQQI
Daily Std Dev2.80%14.61%
Max Drawdown-8.46%-10.67%
Current Drawdown-0.16%-1.83%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


HYBL vs. QQQI - Expense Ratio Comparison

HYBL has a 0.70% expense ratio, which is higher than QQQI's 0.68% expense ratio.


HYBL
SPDR Blackstone High Income ETF
Expense ratio chart for HYBL: current value at 0.70% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.70%
Expense ratio chart for QQQI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%

Correlation

-0.50.00.51.00.5

The correlation between HYBL and QQQI is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

HYBL vs. QQQI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Blackstone High Income ETF (HYBL) and NEOS Nasdaq 100 High Income ETF (QQQI). 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.


Sharpe ratio
The chart of Sharpe ratio for HYBL, currently valued at 4.48, compared to the broader market0.002.004.004.48
The chart of Sortino ratio for HYBL, currently valued at 7.14, compared to the broader market-2.000.002.004.006.008.0010.0012.007.14
The chart of Omega ratio for HYBL, currently valued at 2.04, compared to the broader market0.501.001.502.002.503.002.04
The chart of Calmar ratio for HYBL, currently valued at 10.14, compared to the broader market0.005.0010.0015.0010.14
The chart of Martin ratio for HYBL, currently valued at 50.62, compared to the broader market0.0020.0040.0060.0080.00100.0050.62
HYBL
QQQI

Chart placeholderNot enough data

Dividends

HYBL vs. QQQI - Dividend Comparison

HYBL's dividend yield for the trailing twelve months is around 8.19%, less than QQQI's 10.57% yield.


TTM20232022
HYBL
SPDR Blackstone High Income ETF
8.19%7.93%5.10%
QQQI
NEOS Nasdaq 100 High Income ETF
10.57%0.00%0.00%

Drawdowns

HYBL vs. QQQI - Drawdown Comparison

The maximum HYBL drawdown since its inception was -8.46%, smaller than the maximum QQQI drawdown of -10.67%. Use the drawdown chart below to compare losses from any high point for HYBL and QQQI. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.16%
-1.83%
HYBL
QQQI

Volatility

HYBL vs. QQQI - Volatility Comparison

The current volatility for SPDR Blackstone High Income ETF (HYBL) is 0.60%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 3.83%. This indicates that HYBL experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
0.60%
3.83%
HYBL
QQQI