{"schemaVersion":1,"ticker":"HYBI","asOf":"2026-10-30","desk":"income","cite":{"publisher":"ETFIQ","page":"https://etfiq.com/funds/hybi/","methodology":"https://etfiq.com/methodology/","as_of":"2026-10-30","credit":"Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records; risk-free rate: U.S. Treasury, Daily Treasury Bill Rates, 13-week coupon equivalent","class":"mixed","license":"https://etfiq.com/license/","license_text":"Only the numbers in etfiq_fields are ETFIQ's, free to use with attribution: ETFIQ (etfiq.com). Every other number stays under its owner's terms: issuer_fields as the issuer published them, vendor_fields from an end-of-day data vendor.","fields_note":"Not yet classed field by field: only data ETFIQ computes is covered by its licence.","cite_as":"ETFIQ, Risk and return scorecard, HYBI against its benchmark, data as of 2026-10-30, https://etfiq.com/funds/hybi/"},"benchmark":{"ticker":"JNK","name":"State Street SPDR Bloomberg High Yield Bond ETF (JNK)","tier":1,"kind":"index","basisOnPage":"total","basisHere":"total"},"tax":{"estimate":{"label":"issuer's Rule 19a-1 estimate, latest distribution","returnOfCapital":66.0,"date":"2026-10-16","url":"https://neosfunds.com/wp-content/uploads/NEOS-HYBI-19a1-Notice-10.14.26-Confidential.pdf"},"estimateWindow":{"label":"issuer's Rule 19a-1 estimates, weighted by amount","returnOfCapital":51.6,"from":"2026-01-16","to":"2026-10-16","notices":10,"distributions":12,"full":false},"final":{"label":"annual report (Form N-CSR), final tax character","returnOfCapital":15.58,"fiscalYearEnd":"2025-12-31","filed":"2026-03-06","url":"https://www.sec.gov/Archives/edgar/data/1848758/000113322826003119/net-efp22741_ncsr.htm"}},"kind":"benchmark","a":"HYBI","b":"JNK","window":{"from":"2024-10-11","to":"2026-10-30","firstReturn":"2024-10-18","weeklyReturns":107,"years":2.05,"short":true,"weekEnding":"2026-11-01"},"riskFree":{"rate":0.04048613,"perWeek":0.0007785795,"days":512,"series":"13-week Treasury bill, coupon equivalent, average of daily yields","source":"U.S. Department of the Treasury, Daily Treasury Bill Rates","url":"https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates"},"measures":{"total":{"a":0.09206691,"b":0.09635014,"edge":"JNK (slight)","lead":"JNK"},"annualised":{"a":0.04373061,"b":0.04571804,"edge":"JNK (slight)","lead":"JNK"},"price":{"a":-0.08194837,"b":-0.03936357,"edge":"JNK","lead":"JNK"},"volatility":{"a":0.03619073,"b":0.04340002,"edge":"HYBI","lead":"HYBI"},"downsideDeviation":{"a":0.02770256,"b":0.0312335,"edge":"HYBI","lead":"HYBI"},"maxDrawdown":{"a":-0.03988112,"b":-0.03813156,"edge":"JNK (slight)","lead":"JNK","aPeak":"2025-02-28","aTrough":"2025-04-04","bPeak":"2025-02-28","bTrough":"2025-04-11"},"excess":{"a":0.00298287,"b":0.00517043,"edge":"JNK","lead":"JNK"},"sharpe":{"a":0.08242088,"b":0.11913435,"edge":"JNK","lead":"JNK"},"sortino":{"a":0.10767496,"b":0.16554129,"edge":"JNK","lead":"JNK"},"calmar":{"a":1.09652423,"b":1.19895544,"edge":"JNK (slight)","lead":"JNK"}},"relative":{"HYBI":{"on":"JNK","beta":0.76144608,"r2":0.83380313,"alpha":-0.00095413,"alphaT":-0.09231511,"alphaLow":-0.02144777,"alphaHigh":0.0195395,"upsideCapture":0.803382,"downsideCapture":0.7795722,"treynor":0.00391738,"trackingError":0.01802413,"informationRatio":-0.12136849,"upWeeks":65,"downWeeks":42,"treynorReference":0.00517043,"edges":{"beta":{"edge":"Lower beta","neutral":true},"r2":{"edge":"Good fit","neutral":true},"alpha":{"edge":"Not significant"},"alphaRange":{"edge":"Includes zero"},"upsideCapture":{"edge":"JNK","lead":"JNK"},"downsideCapture":{"edge":"HYBI","lead":"HYBI"},"treynor":{"edge":"JNK","lead":"JNK"},"informationRatio":{"edge":null,"lead":"JNK","note":"one number for the pair: its sign says which side it favours"},"trackingError":{"edge":null,"neutral":true}}}},"sources":{"HYBI":{"kept":"2026-11-01","distributions":25,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":9,"agree":9},"vendor":{"weeks":107,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.09206691}},"JNK":{"kept":"2026-11-01","distributions":24,"addedFromRecord":[],"notInVendorSeries":[],"vendorAmountDiffers":[],"vendorStepsWithoutDistribution":[],"issuerCloses":{"compared":13,"agree":13},"vendor":{"weeks":107,"beyond":0,"tolerance":0.0005,"worst":0.0,"vendorTotal":0.09635014}}}}