# HYBI (NEOS Enhanced Income Credit Select ETF)

NEOS · Income ETFs · data as of Sep 18, 2026

Over the year to Sep 18, 2026, HYBI paid 8.6% in cash and finished 0.6 points ahead of HYG.

## Key facts

- HYBI, cash paid, 1 year, on its starting price: 8.6%, as of Sep 18, 2026.
- HYBI, total return, 1 year: +3.2%, as of Sep 18, 2026.
- HYBI, against HYG: +0.6 pts, as of Sep 18, 2026.
- HYBI, return of capital, latest payout (NEOS estimate): 24.0%, as of Sep 18, 2026.
- HYBI, net assets: $222m (issuer page, as of Sep 18, 2026).
- HYBI, expense ratio: not read by ETFIQ, as of Sep 18, 2026.

## HYBI over each window to Sep 18, 2026

| Window | Cash paid | Price | Total return | HYG | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 2.0% | −2.1% | −0.1% | −0.4% | +0.3 pts |
| 6 months | 4.0% | −2.1% | +1.9% | +2.5% | −0.6 pts |
| 1 year | 8.6% | −5.5% | +3.2% | +2.6% | +0.6 pts |
| Since launch | 16.0% | −8.3% | +8.4% | +9.9% | −1.6 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | covered call | ETFIQ |
| Benchmark | US high yield bonds (HYG), used as the proxy (proxy) | ETFIQ |
| Pays | monthly | ETFIQ |
| Net assets | $222m | issuer page, as of Sep 18, 2026 |
| Latest payout, annualized | 8.2% | ETFIQ |
| Expense ratio | not read by ETFIQ | ETFIQ |
| Cash paid, last 12 months, over today’s price | 9.1% | ETFIQ |
| Launched | Sep 30, 2024 | ETFIQ |
| Return of capital, latest distribution | 24.0% | NEOS 19a-1 estimate |

## Questions

### How much has HYBI paid over the last year?

Over the year to Sep 18, 2026, HYBI paid 8.6% of its starting price in cash distributions, while the price fell 5.5%.

### Is HYBI ahead of HYG?

Over the year to Sep 18, 2026, with every distribution reinvested, HYBI returned +3.2% against +2.6% for US high yield bonds (HYG), used as the proxy, so a holder was ahead of it by 0.6 points.

### How often does HYBI pay, and how much?

HYBI pays monthly. The latest distribution annualizes to 8.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ.

### Is the HYBI distribution return of capital?

NEOS estimates 24% of the distribution paid Sep 11, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.


## Cite this page

ETFIQ, HYBI, data as of Sep 18, 2026. https://etfiq.com/funds/hybi
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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