Which paid more, HYBI or TLTI?

Over the year to Nov 4, 2026, HYBI paid 8.0% of its starting price in cash and TLTI paid 5.8%, 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 TLTI?

With every distribution reinvested, HYBI returned +4.0% and TLTI −3.1% over the year to Nov 4, 2026.

Which is cheaper, HYBI or TLTI?

HYBI charges 0.68% a year and TLTI charges 0.58%, so TLTI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

HYBI vs TLTI: Dividend Yield & Total Return

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Over the year to Nov 4, 2026, HYBI paid 8.0% of its price in cash against TLTI’s 5.8%, and returned more with it reinvested.

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Net assets on Oct 28, 2026: $218m for NEOS Enhanced Income Credit Select ETF and $21m for NEOS Enhanced Income 20+ Year Treasury Bond ETF.

HYBI on its own →TLTI on its own →

At a glance

8.0%

HYBI cash paid, 1 year

5.8%

TLTI cash paid, 1 year

+4.0%

HYBI total return, 1 year

−3.1%

TLTI total return, 1 year

HYBI · 1 year to Nov 4, 2026 1.1 pts ahead of JNK

HYBI

+4.0%

JNK

+2.9%

1.1 pts ahead of JNK

HYBI over 1 year: paid 8.0%, price −4.0%, total +4.0%, JNK +2.9%, +1.1 pts. Data to Nov 4, 2026.

JNK

+2.9%

HYBI

+4.0%

8.0% of it arrived as cash

1.1 pts ahead of JNK

Total return, distributions reinvested

1.1 pts ahead of JNK

HYBI over 1 year: paid 8.0%, price −4.0%, total +4.0%, JNK +2.9%, +1.1 pts. Data to Nov 4, 2026.

JNK

+2.9%

HYBI

+4.0%

1.1 pts ahead of JNK

8.0% of it arrived as cash. Total return, distributions reinvested. HYBI over 1 year: paid 8.0%, price −4.0%, total +4.0%, JNK +2.9%, +1.1 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

TLTI · 1 year to Nov 4, 2026 1.7 pts ahead of TLT

TLTI

−3.1%

TLT

−4.8%

1.7 pts ahead of TLT

TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.

TLT

−4.8%

TLTI

−3.1%

1.7 pts ahead of TLT

Total return, distributions reinvested

1.7 pts ahead of TLT

TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.

TLT

−4.8%

TLTI

−3.1%

1.7 pts ahead of TLT

5.8% of it arrived as cash. Both charts share one scale, with zero at the line. TLTI over 1 year: paid 5.8%, price −8.8%, total −3.1%, TLT −4.8%, +1.7 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

Pair scorecard

TLTI costs 0.10 points a year less; their one-year returns differ by 7.1 points; HYBI is 10.4 times larger.

Points (pts) are percentage points.

HYBI vs TLTI: Dividend Yield & Total Return
Measure	HYBI	TLTI
Paid and earned
Measure	HYBI	TLTI
Total return, 1 year	+4.0%	−3.1%
Price change, 1 year	fell 4.0%	fell 8.8%
Return of capital, issuer estimate	66% of the Oct 16, 2026 payment	19% of the Oct 16, 2026 payment
Against its benchmark
Measure	HYBI	TLTI
Benchmark	State Street SPDR Bloomberg High Yield Bond ETF, measured through JNK	20+ Year Treasury, measured through TLT
Cost and size
Measure	HYBI	TLTI
Expense ratio	0.68%	0.58%
Net assets, as of Oct 28, 2026	$218m	$21m
Holdings
Measure	HYBI	TLTI
Holdings in common	0%

ETFIQ Distribution Coverage Score · HYBI scores higher How much of what it paid out did its total return cover?

IQ Income Score35HYBI11.1TLTI

How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed

HYBI 35

TLTI 11.1

0.3, the lowest in this set 99.7, the highest

One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →

Method

What they share

By the books each fund has filed, HYBI and TLTI hold 0% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first HYBI TLTI

SPXW US 11/12/26 P7000 0.03% 0.03%

SPXW US 11/12/26 P6850 0.02% 0.02%

SPXW US 11/12/26 P6950 0.03% 0.02%

SPXW US 11/12/26 P7175 -0.06% -0.05%

SPXW US 11/12/26 P7250 -0.08% -0.07%

SPXW US 11/12/26 P7310 -0.10% -0.10%

Only in one fund ↓

Only in HYBI

State Street SPDR Portfolio High Yield Bond Index ETF 24.84%

Only in TLTI

United States Treasury Note/Bond 4.125% 08/15/2053 97.49%

Check overlap with more funds →

Side by side

HYBI NEOS Enhanced Income Credit Select ETF · Sells put spreads on the S&P 500, measured against the Bloomberg U.S. Corporate High Yield Index, paying monthly TLTI NEOS Enhanced Income 20+ Year Treasury Bond ETF · Sells put spreads on the S&P 500, investing in 20+ Year Treasury (TLT), paying monthly

Issuer NEOS NEOS

Strategy put-selling overlay put-selling overlay

Benchmark State Street SPDR Bloomberg High Yield Bond ETF (JNK) 20+ Year Treasury (TLT)

Pays monthly monthly

Payout rate, annualized 8.1% 6.0%

Expense ratio 0.68% 0.58%

Cash paid, 1 year 8.0% 5.8%

Price change, 1 year −4.0% −8.8%

Total return, 1 year +4.0% −3.1%

Benchmark return, 1 year +2.9% −4.8%

Ahead or behind +1.1 pts +1.7 pts

Return of capital, latest estimate 66% 19%

Age 2.1 years 1.9 years

Net assets, as of Oct 28, 2026 $218m $21m

As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.

Window by window

Window by window: HYBI vs TLTI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	HYBI	TLTI	HYBI	TLTI	HYBI	TLTI
3 months	−0.1%	−0.1%	2.0%	1.5%	+1.0 pts	+0.2 pts
6 months	+0.5%	−2.2%	4.0%	2.9%	+0.9 pts	+0.5 pts
1 year	+4.0%	−3.1%	8.0%	5.8%	+1.1 pts	+1.7 pts
Since launchNot the same days: HYBI Sep 2024 · TLTI Dec 2024	+8.9%	−1.5%	16.6%	11.0%	−0.9 pts	+1.9 pts

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Alert

About each fund

HYBI

Over the year to Nov 4, 2026, HYBI paid 8.0% of its starting value in cash distributions while its price fell 4.0%. With every distribution reinvested, the fund returned +4.0%. State Street SPDR Bloomberg High Yield Bond ETF (JNK) returned +2.9% over the same days, so a holder was ahead by 1.1 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 8.1%, paid monthly. NEOS estimates that 66% of the distribution paid Oct 16, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

TLTI

Over the year to Nov 4, 2026, TLTI paid 5.8% of its starting value in cash distributions while its price fell 8.8%. With every distribution reinvested, the fund returned −3.1%. 20+ Year Treasury (TLT) returned −4.8% over the same days, so a holder was ahead by 1.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 6.0%, paid monthly. NEOS estimates that 19% of the distribution paid Oct 16, 2026 was a return of capital (its 19a-1 notice).

Questions people ask

Which paid more, HYBI or TLTI?: Over the year to Nov 4, 2026, HYBI paid 8.0% of its starting price in cash and TLTI paid 5.8%, 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 TLTI?: With every distribution reinvested, HYBI returned +4.0% and TLTI −3.1% over the year to Nov 4, 2026.
Which is cheaper, HYBI or TLTI?: HYBI charges 0.68% a year and TLTI charges 0.58%, so TLTI is cheaper. Fees come from each fund's prospectus.

Other comparisons

HYBI vs LTTI HYBI vs TSYW HYBI vs TLTW HYBI vs TLTP TLTI vs LQTI TLTI vs LQDW TLTI vs HYGW TLTI vs HYTI

Where to next

State Street SPDR Bloomberg High Yield Bond ETF (JNK) →20+ Year Treasury (TLT) →HYBI on its own →TLTI on its own →HYBI dividend history →HYBI holdings →TLTI dividend history →TLTI holdings →Method →Standards and sources →

Sources and dates

HYBI and TLTI filings on SEC EDGAR ↗

HYBI and TLTI prospectus with the expense ratio (SEC) ↗

HYBI 19a-1 distribution notice ↗

NEOS page for HYBI ↗

TLTI 19a-1 distribution notice ↗

NEOS page for TLTI ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

It is a place in a set, not a rating or a recommendation.

Overlap adds up the smaller of the two weights for each security both funds hold.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, HYBI against TLTI, data as of Nov 4, 2026. https://etfiq.com/compare/income/hybi-vs-tlti

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.