Data as of .
HYBL vs LQDM: which paid, and which earned it?
HYBL and LQDM both write options for income.
What they hold in common
By the books each fund has filed, HYBL and LQDM hold 0% of their money in the same securities at the same weight.
| Only in HYBL | Only in LQDM |
|---|---|
| Discovery Global Holdings Inc aka Warner 1.30% | iShares iBoxx USD Investment Grade Corpo 100.13% |
| Hopper Merger Sub Inc aka Hologic 04/07/ 0.98% | Invesco Government & Agency Portfolio 12 0.02% |
| McAfee Corp 03/01/2029 0.96% | Cash & Other -0.01% |
| Rocket Software, Inc. 11/28/2028 0.96% | LQD 09/25/2026 104.7 C -0.14% |
| State Street Blackstone Senior Loan ETF 0.95% | |
| Finastra USA Inc aka Misys/Almonde Inc. 0.94% | |
| UKG Inc aka Ultimate Kronos/UKG 02/10/20 0.92% | |
| athenahealth Group Inc. aka Minerva Merg 0.91% |
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 Sep 17, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| HYBL | LQDM | HYBL | LQDM | HYBL | LQDM | |
| 3 months | +1.1% | −2.0% | 1.7% | 3.0% | +1.5 pts | +0.8 pts |
| 6 months | +4.3% | not published | 3.5% | not published | +1.7 pts | not published |
| 1 year | +4.2% | not published | 6.8% | not published | +1.6 pts | not published |
| 3 years | +25.9% | not published | 23.1% | not published | −0.1 pts | not published |
| Since launch | +28.4% | −2.0% | 30.6% | 3.9% | +4.8 pts | +0.6 pts |
| HYBL State Street(R) Blackstone High Income ETF Option income on HYG, paying monthly | LQDM Amplify LQD Investment Grade 12% Target Income ETF Option income on LQD, paying monthly | |
|---|---|---|
| Issuer | State Street | Amplify |
| Strategy | option income | option income |
| Benchmark | US high yield bonds (HYG), used as the proxy | US investment grade bonds (LQD) |
| Pays | monthly | monthly |
| Payout rate, annualized | 7.2% | 12.3% |
| Expense ratio | 0.70% | 0.54% |
| Cash paid, 1 year | 6.8% | 3.9% (since launch on Apr 21, 2026) |
| Price change, 1 year | −2.8% | −5.8% |
| Total return, 1 year | +4.2% | −2.0% (since launch on Apr 21, 2026) |
| Benchmark return, 1 year | +2.6% | −2.6% |
| Ahead or behind | +1.6 pts | +0.6 pts |
| Return of capital, latest estimate | not published | not published |
| Age | 1674 days | 150 days |
| Net assets | $579m | $3m |
HYBL in plain words
Over the year to Sep 18, 2026, HYBL paid 6.8% of its starting value in cash distributions while its price fell 2.8%. With every distribution reinvested, the fund returned +4.2%. US high yield bonds (HYG), used as the proxy returned +2.6% over the same days, so a holder was ahead by 1.6 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 7.2%, paid monthly.
LQDM in plain words
Over the period since launch on Apr 21, 2026 to Sep 18, 2026, LQDM paid 3.9% of its starting value in cash distributions while its price fell 5.8%. With every distribution reinvested, the fund returned −2.0%. US investment grade bonds (LQD) 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 12.3%, paid monthly.
Questions people ask
- Which is cheaper, HYBL or LQDM?
- HYBL charges 0.70% a year and LQDM charges 0.54%, so LQDM is cheaper. Fees come from each fund's prospectus.
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, HYBL against LQDM, data as of Sep 18, 2026. https://etfiq.com/compare/income/hybl-vs-lqdm Free to use with attribution; the underlying files are at Open data.