HYT vs. XSPI

Last updated Apr 2, 2026

Compare and contrast key facts about BlackRock Corporate High Yield Fund (HYT) and NEOS Boosted S&P 500 High Income ETF (XSPI).

HYT is an actively managed fund by BlackRock. It was launched on May 30, 2003. XSPI is a passively managed fund by NEOS Investments that tracks the performance of the S&P 500. It was launched on Feb 2, 2026.

Performance

HYT vs. XSPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Corporate High Yield Fund (HYT) and NEOS Boosted S&P 500 High Income ETF (XSPI). The values are adjusted to include any dividend payments, if applicable.

HYT vs. XSPI - Yearly Performance Comparison

	2026 (YTD)
HYT BlackRock Corporate High Yield Fund	-1.87%
XSPI NEOS Boosted S&P 500 High Income ETF	-6.01%

Returns By Period

HYT

• 1D: 0.35%
• 1M: -1.62%
• YTD: -1.34%
• 6M: -5.41%
• 1Y: -1.51%
• 3Y*: 9.77%
• 5Y*: 3.28%
• 10Y*: 7.70%

XSPI

• 1D: 0.96%
• 1M: -5.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

HYT vs. XSPI - Expense Ratio Comparison

HYT has a 2.83% expense ratio, which is higher than XSPI's 0.98% expense ratio.

HYT

BlackRock Corporate High Yield Fund

XSPI

NEOS Boosted S&P 500 High Income ETF

Return for Risk

HYT vs. XSPI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HYT

HYT Risk / Return Rank: 4
HYT Sharpe Ratio Rank: 4
HYT Sortino Ratio Rank: 4
HYT Omega Ratio Rank: 4
HYT Calmar Ratio Rank: 5
HYT Martin Ratio Rank: 4

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HYT vs. XSPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Corporate High Yield Fund (HYT) and NEOS Boosted S&P 500 High Income ETF (XSPI). 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.

	HYT	XSPI	Difference
Sharpe ratio Return per unit of total volatility	-0.09	—	—
Sortino ratio Return per unit of downside risk	-0.01	—	—
Omega ratio Gain probability vs. loss probability	1.00	—	—
Calmar ratio Return relative to maximum drawdown	-0.11	—	—
Martin ratio Return relative to average drawdown	-0.33	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	HYT	XSPI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.23	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.46	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	-1.48	+1.90

Correlation

The correlation between HYT and XSPI is 0.69, 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.

Dividends

HYT vs. XSPI - Dividend Comparison

HYT's dividend yield for the trailing twelve months is around 10.93%, more than XSPI's 3.05% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
HYT BlackRock Corporate High Yield Fund	10.93%	10.50%	9.53%	9.91%	9.80%	7.58%	8.18%	7.92%	9.20%	7.68%	8.23%	10.18%
XSPI NEOS Boosted S&P 500 High Income ETF	3.05%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

HYT vs. XSPI - Drawdown Comparison

The maximum HYT drawdown since its inception was -56.95%, which is greater than XSPI's maximum drawdown of -11.59%. Use the drawdown chart below to compare losses from any high point for HYT and XSPI.

Drawdown Indicators

	HYT	XSPI	Difference
Max Drawdown Largest peak-to-trough decline	-56.95%	-11.59%	-45.36%
Max Drawdown (1Y) Largest decline over 1 year	-11.70%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.05%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.59%	—	—
Current Drawdown Current decline from peak	-7.28%	-6.88%	-0.40%
Average Drawdown Average peak-to-trough decline	-5.91%	-3.57%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.99%	—	—

Volatility

Volatility by Period

	HYT	XSPI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	—	—
Volatility (6M) Calculated over the trailing 6-month period	8.01%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.89%	22.09%	-5.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.47%	22.09%	-7.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.92%	22.09%	-5.17%