Data as of Nov 4, 2026.
HYBI vs TSYW: Dividend Yield & Total Return
HYBI and TSYW both write options for income.
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Net assets: $218m on Oct 28, 2026 for NEOS Enhanced Income Credit Select ETF, and $2.8m on Nov 4, 2026 for Roundhill Treasury Bond WeeklyPay ETF.
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, 2026.4.5 pts behind TLT
TSYW since launch: paid 11.2%, price −19.4%, total −8.7%, TLT −4.2%, −4.5 pts. Data to Nov 4, 2026.
TLT
−4.2%
TSYW
−8.7%
4.5 pts behind TLT
Total return, distributions reinvested
4.5 pts behind TLT
TSYW since launch: paid 11.2%, price −19.4%, total −8.7%, TLT −4.2%, −4.5 pts. Data to Nov 4, 2026.
TLT
−4.2%
TSYW
−8.7%
4.5 pts behind TLT
11.2% of it arrived as cash. Both charts share one scale, with zero at the line. TSYW since launch: paid 11.2%, price −19.4%, total −8.7%, TLT −4.2%, −4.5 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
HYBI costs 0.31 points a year less; HYBI is far larger, $218m against $2.8m.
Points (pts) are percentage points.
| Measure | HYBI | TSYW |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +4.0% | not published |
| Price change | fell 4.0% (1 year) | fell 19.4% (since Nov 13, 2025) |
| Return of capital, issuer estimate | 66% of the Oct 16, 2026 payment | 100% of the Nov 3, 2026 payment |
| Against its benchmark | ||
| Benchmark | State Street SPDR Bloomberg High Yield Bond ETF, measured through JNK | 20+ Year Treasury, measured through TLT |
| Cost and size | ||
| Expense ratio | 0.68% | 0.99% |
| Net assets, as of Oct 28, 2026 | $218m | $2.8m |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Nov 21, 2025 to Oct 30, 2026 · 49 weekly returnsFrom Nov 2025 to Oct 2026, HYBI returned more: +3.5% to −9.2%. HYBI fell less at its worst: −1.4% to −16.2%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | HYBI | TSYW | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +3.5% | −9.2% | HYBI | Price change plus distributions, reinvested. |
| Price return | −4.5% | −19.5% | HYBI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −1.4% | −16.2% | HYBI | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 49 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, HYBI and TSYW hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | HYBI | TSYW | HYBI | TSYW | HYBI | TSYW |
| 3 months | −0.1% | −1.2% | 2.0% | 3.3% | +1.0 pts | −0.9 pts |
| 6 months | +0.5% | −5.2% | 4.0% | 5.9% | +0.9 pts | −2.4 pts |
| 1 year | +4.0% | – | 8.0% | – | +1.1 pts | – |
| Since launchNot the same days: HYBI Sep 2024 · TSYW Nov 2025 | +8.9% | −8.7% | 16.6% | 11.2% | −0.9 pts | −4.4 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for TSYW; the two funds' holdings are dated 126 days apart.
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.
TSYW
Over the period from its first trade on Nov 13, 2025 to Nov 4, 2026, TSYW paid 11.2% of its starting value in cash distributions while its price fell 19.4%. With every distribution reinvested, the fund returned −8.7%. 20+ Year Treasury (TLT) returned −4.2% over the same days, so a holder was behind by 4.5 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 18.5%, paid weekly. Roundhill estimates that 100% of the distribution paid Nov 3, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, HYBI against TSYW, data as of Nov 4, 2026. https://etfiq.com/compare/income/hybi-vs-tsyw
ETFIQ. (Nov 4, 2026). HYBI against TSYW. Retrieved from https://etfiq.com/compare/income/hybi-vs-tsyw
[HYBI against TSYW (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/hybi-vs-tsyw)
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