Data as of .
HYBI vs LQTI: which paid, and which earned it?
Over the year HYBI paid 8.6% of its price in cash against LQTI’s 8.5%, and returned more with it reinvested.
ETFIQ Return Stability Score: HYBI scores higher
Was the payout funded by returns, or by your own capital?
A percentile among the 173 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed
What they hold in common
By the books each fund has filed, HYBI and LQTI hold 0% of their money in the same securities at the same weight.
| Only in HYBI | Only in LQTI |
|---|---|
| Xtrackers USD High Yield Corpo 33.77% | 2026-10-30 iShares iBoxx $ Investment Gr 98.40% |
| iShares Broad USD High Yield C 33.50% | US Dollar 0.83% |
| State Street SPDR Portfolio Hi 32.73% | U.S. Treasury Bill, 0%, due 09/29/2026 0.43% |
| U.S. Treasury Bill, 0%, due 10/29/2026 0.43% | |
| 2026-09-25 iShares iBoxx $ Investment Gr -0.09% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Jun 30, 2026 and Sep 18, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HYBI | LQTI | HYBI | LQTI | HYBI | LQTI | |
| 3 months | −0.1% | −2.5% | 2.0% | 2.2% | +0.3 pts | +0.4 pts |
| 6 months | +1.9% | −0.2% | 4.0% | 4.4% | −0.6 pts | +0.3 pts |
| 1 year | +3.2% | −1.4% | 8.6% | 8.5% | +0.6 pts | +0.6 pts |
| Since launch | +8.4% | +4.7% | 16.0% | 13.4% | −1.6 pts | +0.1 pts |
| HYBI NEOS Enhanced Income Credit Select ETF Covered call on HYG, paying monthly | LQTI FT Vest Investment Grade & Target Income ETF Option income on LQD, paying monthly | |
|---|---|---|
| Issuer | NEOS | First Trust |
| Strategy | covered call | option income |
| Benchmark | US high yield bonds (HYG), used as the proxy | US investment grade bonds (LQD), used as the proxy |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.2% | 9.2% |
| Expense ratio | not published | 0.65% |
| Cash paid, 1 year | 8.6% | 8.5% |
| Price change, 1 year | −5.5% | −9.7% |
| Total return, 1 year | +3.2% | −1.4% |
| Benchmark return, 1 year | +2.6% | −2.0% |
| Ahead or behind | +0.6 pts | +0.6 pts |
| Return of capital, latest estimate | 24% | not published |
| Age | 718 days | 582 days |
| Net assets | $222m | $242m |
HYBI in plain words
Over the year to Sep 18, 2026, HYBI paid 8.6% of its starting value in cash distributions while its price fell 5.5%. With every distribution reinvested, the fund returned +3.2%. US high yield bonds (HYG), used as the proxy returned +2.6% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.2%, paid monthly. NEOS estimates that 24% of the distribution paid Sep 11, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
LQTI in plain words
Over the year to Sep 18, 2026, LQTI paid 8.5% of its starting value in cash distributions while its price fell 9.7%. With every distribution reinvested, the fund returned −1.4%. US investment grade bonds (LQD), used as the proxy returned −2.0% over the same days, so a holder was ahead by 0.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.
Questions people ask
- Which paid more, HYBI or LQTI?
- Over the year to Sep 18, 2026, HYBI paid 8.6% of its starting price in cash and LQTI paid 8.5%, so HYBI paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, HYBI or LQTI?
- With every distribution reinvested, HYBI returned +3.2% and LQTI returned −1.4% over the year to Sep 18, 2026, so HYBI returned more.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, HYBI against LQTI, data as of Sep 18, 2026. https://etfiq.com/compare/income/hybi-vs-lqti Free to use with attribution; the underlying files are at Open data.