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HYBL State Street(R) Blackstone High Income ETF

Option income on HYG, paying monthly

Over the year to Sep 18, 2026, HYBL paid 6.8% in cash and finished 1.6 points ahead of HYG.

State Street · Income ETFs · data as of

Key facts

6.8%Cash paid, 1 year, on its starting price
+4.2%Total return, 1 year
+1.6 ptsAgainst HYG
7.2%Latest payout, annualized

Method

ETFIQ Return Stability Score

62.452nd of 173

HYBL paid 6.8% in cash. Its price fell 2.8%, so 41% of what you were paid came back out of your own capital.

Was the payout funded by returns, or by your own capital?

Against its benchmark
MLPD −35.8 ptsMDST −28.6 ptsEIPI −26.8 ptsBLOX −26.6 ptsYQQQ −25.3 ptsULTY −24.3 ptsSLTY −22.7 ptsGDXY −21.4 ptsTDVI −20.9 ptsTOPW −19.8 ptsHIGH −18.8 ptsACKY −17.9 ptsYMAX −16.8 ptsHISF −16.4 ptsNDIV −16.4 ptsSDVD −16.4 ptsWEEI −15.8 ptsOARK −15.2 ptsFDND −14.1 ptsSCLZ −14.0 ptsLFGY −13.6 ptsXLRI −13.6 ptsTCAL −13.5 ptsQRMI −13.3 ptsSLJY −13.2 ptsYYY −13.2 ptsYFYA −13.1 ptsHIPS −12.8 ptsJULH −12.1 ptsRNTY −12.0 ptsXLKI −12.0 ptsXBTY −11.8 ptsQUSA −11.7 ptsJULJ −11.5 ptsLJUL −11.5 ptsJANJ −11.4 ptsLJAN −11.4 ptsFGSI −11.3 ptsLOCT −11.2 ptsQLDY −11.2 ptsOCTJ −11.1 ptsCVRD −11.0 ptsIWMY −10.9 ptsJUCY −10.9 ptsAPRJ −10.5 ptsLAPR −10.5 ptsXISE −10.5 ptsXIJN −10.3 ptsAPRH −10.1 ptsJANH −10.1 ptsXIDE −10.1 ptsXLEI −10.0 ptsOCTH −9.9 ptsJEPI −9.5 ptsAIPI −9.4 ptsMAGY −9.4 ptsBAGY −9.2 ptsXIMR −9.1 ptsSRHR −8.8 ptsBUYW −8.1 ptsRDVI −8.0 ptsIAUI −7.7 ptsOVLH −7.5 ptsVEGA −7.2 ptsXV −7.1 ptsYBTC −7.1 ptsFTHI −6.9 ptsBITY −6.7 ptsXLVI −6.7 ptsXRMI −6.3 ptsIGLD −6.2 ptsFEPI −6.1 ptsYLDE −6.0 ptsGPTY −5.7 ptsKHPI −5.5 ptsQQQI −5.3 ptsSPIN −5.2 ptsTYLG −5.2 ptsSPUT −5.1 ptsETCO −4.8 ptsWTPI −4.6 ptsCAIE −4.1 ptsIQQQ −4.1 ptsPAPI −3.8 ptsBIGY −3.6 ptsJEPQ −3.2 ptsXLBI −3.2 ptsISPY −3.1 ptsIWMW −3.0 ptsWEEL −2.3 ptsGIAX −2.1 ptsDIVO −2.0 ptsKNG −1.6 ptsQDTY −1.6 ptsDFII −1.5 ptsRDTY −1.5 ptsTSPY −1.5 ptsYMAG −1.5 ptsBTCC −1.4 ptsNBOS −1.4 ptsNIHI −1.4 ptsEGGY −1.2 ptsSPYI −1.2 ptsRYLD −1.1 ptsRYLG −1.0 ptsXDTE −1.0 ptsXPAY −0.9 ptsSDTY −0.8 ptsWDTE −0.8 ptsJOYT −0.7 ptsQDTE −0.7 ptsKGLD −0.6 ptsQQQY −0.6 ptsRDTE −0.6 ptsTHTA −0.6 ptsXLII −0.6 ptsFTKI −0.5 ptsGPIQ −0.4 ptsFTQI −0.3 ptsSIXH −0.3 ptsDJIA +0.2 ptsLTTI +0.2 ptsDYLG +0.3 ptsGPIX +0.4 ptsXLFI +0.4 ptsQYLG +0.5 ptsHYBI +0.6 ptsHYTI +0.6 ptsIVVW +0.6 ptsLQTI +0.6 ptsXYLG +0.7 ptsTDAQ +1.0 ptsIWMI +1.1 ptsQYLD +1.2 ptsCSHI +1.3 ptsTLTX +1.3 ptsXYLD +1.4 ptsHYGW +1.5 ptsBNDI +1.7 ptsOVS +1.7 ptsPBP +1.9 ptsTLTI +1.9 ptsXLUI +1.9 ptsBALI +2.0 ptsBTCI +2.0 ptsCHPY +2.3 ptsOVB +2.3 ptsOVT +2.3 ptsYBIT +2.3 ptsITWO +2.4 ptsOVL +2.6 ptsYETH +2.8 ptsOVM +2.9 ptsTLTP +3.0 ptsSOXY +3.5 ptsDUBS +3.7 ptsLQDW +3.8 ptsXLYI +4.1 ptsTLTW +4.2 ptsOVF +4.5 ptsDOGG +4.6 ptsOMAH +4.9 ptsIDVO +5.2 ptsSEPI +5.2 ptsBCCC +5.9 ptsCEPI +6.0 ptsIDUB +7.2 ptsXLCI +7.9 ptsBUCK +9.6 ptsUSOY +11.6 ptsXLSI +12.5 ptsKLIP +22.5 ptsHYBL +1.6 ptsHYBL +1.6 pts−35.8 pts+22.5 pts

80.1% of the 173 sit at or below HYBL on this measure.

What happened to the principal
ETCO −75.5%XBTY −74.1%YETH −66.4%YBTC −60.1%BTCC −59.1%YBIT −58.9%BAGY −57.9%ULTY −54.1%BITY −51.5%SLTY −51.5%BCCC −48.5%BTCI −47.0%LFGY −44.7%DFII −43.7%BLOX −40.9%YMAX −40.7%TOPW −37.7%OARK −34.0%GDXY −33.1%KLIP −32.5%YMAG −28.1%YQQQ −25.7%MAGY −25.3%IWMY −24.9%CEPI −22.5%RDTY −21.8%RDTE −21.4%QLDY −20.3%QDTE −19.2%TLTX −18.5%EGGY −16.2%XLYI −15.5%ACKY −15.1%WDTE −14.8%QDTY −14.0%AIPI −13.8%TLTP −13.4%XDTE −13.4%QQQY −13.2%LTTI −12.6%XLUI −11.3%QUSA −11.0%SDTY −10.8%GIAX −10.5%FEPI −10.0%TLTW −9.9%LQTI −9.7%XLRI −9.4%TLTI −9.1%LQDW −8.8%XLCI −8.8%XV −8.8%YYY −8.8%TCAL −8.6%HIGH −8.3%FDND −8.2%GPTY −8.1%IGLD −7.9%RNTY −7.3%HIPS −7.0%HYTI −6.8%XLSI −6.5%OMAH −6.3%XLBI −6.3%IWMW −6.2%XLFI −6.2%HYGW −6.0%XPAY −5.8%HYBI −5.5%OVB −5.0%BNDI −4.9%USOY −4.8%HISF −4.7%OVT −4.3%QRMI −3.8%OVM −3.6%FGSI −3.2%CAIE −2.5%JUCY −2.5%XRMI −2.4%BUCK −2.2%CVRD −2.2%MLPD −2.1%IAUI −2.0%IVVW −2.0%YFYA −1.7%JEPI −1.2%XLII −1.2%XIJN −0.9%WTPI −0.8%JULJ −0.6%XISE −0.6%CSHI −0.4%JULH −0.4%KNG −0.4%BIGY −0.3%LJUL −0.3%QQQI −0.1%TSPY −0.1%JANH 0.0%JANJ 0.0%LAPR 0.0%OCTH 0.0%XIDE 0.0%APRJ +0.1%LJAN +0.1%LOCT +0.1%OCTJ +0.1%APRH +0.3%FTHI +0.3%XIMR +0.5%WEEL +0.7%SRHR +1.0%SDVD +1.2%SPYI +1.2%IWMI +1.3%KHPI +1.5%BUYW +2.1%DJIA +2.4%QYLG +2.4%XYLG +2.6%YLDE +2.6%NIHI +2.8%RYLD +2.9%KGLD +3.4%TDAQ +3.4%DYLG +3.5%FTKI +3.8%XLVI +4.0%SCLZ +4.1%THTA +4.1%RYLG +4.2%PAPI +4.5%XLKI +4.6%PBP +5.5%JEPQ +5.7%SPIN +5.8%XYLD +5.9%NBOS +6.0%SPUT +6.0%DIVO +7.3%GPIX +7.4%ISPY +7.6%DOGG +8.0%FTQI +8.0%MDST +8.2%TDVI +8.2%OVF +8.3%OVS +8.5%OVLH +8.8%VEGA +8.9%QYLD +9.1%BALI +9.2%GPIQ +9.3%OVL +9.4%RDVI +9.6%ITWO +10.5%IQQQ +10.8%SLJY +12.3%EIPI +12.8%XLEI +12.8%SEPI +13.4%SIXH +14.1%IDVO +14.4%JOYT +15.2%WEEI +17.3%IDUB +17.4%DUBS +17.6%NDIV +20.4%CHPY +20.6%TYLG +20.6%SOXY +64.1%HYBL −2.8%HYBL −2.8%−75.5%+64.1%

44.8% of the 173 sit at or below HYBL on this measure.

Weighted evenly, those two positions are what the score combines, across the 173 income ETFs writing on an index or proxy. Neither spread above is the score: a fund can sit further right on one and score lower. A position in this set, not a rating: it moves when the set moves, and it is not a figure to average against another desk's.

What the score is computed from
What it measuresThis fundIts percentileWeight
against its benchmark+1.6 pts80.150%
what happened to the principal−2.8%44.850%

All income ETFs ranked by this score · How it is computed

1st of 4 income ETFs writing on HYG, by return against it 41st of 369 income ETFs by net assets

What a holder got

HYBL against HYGHYBL returned +4.2% with distributions reinvested against +2.6% for US high yield bonds (HYG), used as the proxy, a gap of +1.6 pts. Of that, 6.8% arrived as cash rather than price.+4.2%HYBL total return+2.6%US high yield bonds (HYG), used as the proxy6.8% of it arrived as cash

Over the year to Sep 18, 2026, HYBL returned +4.2% with distributions reinvested and US high yield bonds (HYG), used as the proxy returned +2.6%, so a holder came out ahead of it by 1.6 points. The lighter segment is the 6.8% that arrived as cash rather than as price.

Its ten largest equity positions

HYBL top ten by weight, 9.6% of its 620 equity positions, from the holdings published by its issuer for Sep 17, 2026. The options the fund writes are not positions of this kind and are not listed. Source: the issuer’s own daily file.
HoldingWeight
Discovery Global Holdings Inc aka Warner1.30%
Hopper Merger Sub Inc aka Hologic 04/07/0.98%
McAfee Corp 03/01/20290.96%
Rocket Software, Inc. 11/28/20280.96%
State Street Blackstone Senior Loan ETF0.95%
Finastra USA Inc aka Misys/Almonde Inc. 0.94%
UKG Inc aka Ultimate Kronos/UKG 02/10/200.92%
athenahealth Group Inc. aka Minerva Merg0.91%
Michaels Cos Inc/The 03/15/20330.83%
Neptune Bidco US Inc aka Nielsen/Nielsen0.83%

Method

Period by period

HYBL over each window to Sep 18, 2026. Every figure is an ETFIQ calculation. Source: ETFIQ.
WindowCash paidPriceTotal returnHYGAhead or behind
3 months1.7%−0.6%+1.1%−0.4%+1.5 pts
6 months3.5%+0.7%+4.3%+2.5%+1.7 pts
1 year6.8%−2.8%+4.2%+2.6%+1.6 pts
3 years23.1%+0.4%+25.9%+26.0%−0.1 pts
Since launch30.6%−7.5%+28.4%+23.6%+4.8 pts

Method

When HYBL pays

HYBL pays monthly. The last distribution was $0.1675 a share, which went ex on Sep 1, 2026, with payment about 2 days later. The next has not been declared. On its own cadence of about 30 days the ex-date falls near Oct 1, 2026; that date is an ETFIQ projection, not the issuer’s.

Expected distributions for HYBL. Where the basis is a projection, ETFIQ has carried the fund’s own spacing forward from its last ex-date and held the amount at the last one paid; neither is an issuer statement. Source: ETFIQ.
Ex-datePay dateAmountBasis
Oct 1, 2026Oct 5, 2026$0.1675ETFIQ projection
Nov 2, 2026Nov 4, 2026$0.1675ETFIQ projection
Every distribution ETFIQ holds for HYBL (13, most recent first)
Cash distributions per share for HYBL. Source: ETFIQ from Tiingo end-of-day distributions.
Ex-dateAmount
Sep 1, 2026$0.1675
Aug 3, 2026$0.1652
Jul 1, 2026$0.1544
Jun 1, 2026$0.1606
May 1, 2026$0.1606
Apr 1, 2026$0.167
Mar 2, 2026$0.1486
Feb 2, 2026$0.1555
Dec 18, 2025$0.1676
Dec 1, 2025$0.1662
Nov 3, 2025$0.1759
Oct 1, 2025$0.1708
Sep 2, 2025$0.1708

Every income ETF going ex-dividend in the next fortnight

Method

In plain words

Since it launched on Feb 17, 2022, HYBL has returned +28.4% with distributions reinvested, against +23.6% for US high yield bonds (HYG), used as the proxy, and has paid out 30.6% of its starting value in cash along the way. It pays monthly, and at its current price the latest distribution annualizes to 7.2%. No Rule 19a-1 notice has been published for this fund, so there is no issuer estimate of how much of its distributions was a return of capital.

HYBL (State Street(R) Blackstone High Income ETF), income ETFs fields as of Sep 18, 2026. Source: ETFIQ.
Strategyoption income
BenchmarkUS high yield bonds (HYG), used as the proxy (proxy)
Paysmonthly
Net assets (the issuer’s own daily fund list, as of Sep 17, 2026)$579m
Latest payout, annualized (ETFIQ)7.2%
Expense ratio (485BPOS XBRL, Oct 24, 2025)0.70%
Cash paid, last 12 months, over today’s price (ETFIQ)7.0%
LaunchedFeb 17, 2022
Paysmonthly
Typical gap between ex-dates30 days
Typical wait from ex-date to payment2 days
Last paid, per share$0.1675 ex Sep 1, 2026
Sum of the last 12 distributions$1.9598

Every figure is an ETFIQ calculation from exchange prices and cash distributions (Tiingo end-of-day), total return with distributions reinvested. Return of capital is the issuer’s estimate. How these figures are computed

Questions people ask

How much has HYBL paid over the last year?
Over the year to Sep 18, 2026, HYBL paid 6.8% of its starting price in cash distributions, while the price fell 2.8%.
Is HYBL ahead of HYG?
Over the year to Sep 18, 2026, with every distribution reinvested, HYBL returned +4.2% against +2.6% for US high yield bonds (HYG), used as the proxy, so a holder was ahead of it by 1.6 points.
How often does HYBL pay, and how much?
HYBL pays monthly. The latest distribution annualizes to 7.2% at its price on Sep 18, 2026, which is not a promise; the next one can differ.
When does HYBL next pay a distribution?
HYBL pays monthly. The last distribution went ex on Sep 1, 2026 at $0.1675 a share. The next is not declared; on a cadence of about 30 days the ex-date falls near Oct 1, 2026, which is an ETFIQ projection. Payment usually follows the ex-date by 2 days.
What does HYBL cost?
The prospectus expense ratio is 0.70% a year.

The words on this page

Total return
What a holder actually ended up with: price change plus every distribution, reinvested. The only figure that answers whether you came out ahead.
Cash paid
Distributions over the window as a share of what the fund cost at the start. A measure of cash delivered, not of return: a fund can pay a great deal and still lose money.
Ahead or behind
The fund’s total return minus the benchmark’s over exactly the same days, in percentage points. Both sides reinvest.
Return of capital
The issuer’s own estimate, in a Rule 19a-1 notice, of how much of a distribution was your own money returned. An estimate and a tax characterization, not a measure of erosion.
Covered call
Selling call options on shares the fund holds. It collects a premium and gives up the gains above the strike, which is why these funds pay well and lag a rising market.

Every term used here, defined in full on the income ETFs vocabulary page.

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.

Compare HYBL

Also against HYGM, HYGW, HYTI, LQDM, LQDW, LQTI, LTTI, TLTI, TLTP, TLTW, TLTX, TSYW.

Funds near this one

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HYBL payout bar, ETFIQ

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Where HYBL is written about

HYBL, Income ETFs, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. ETFIQ is an independent publisher, is not a fund issuer, broker-dealer or investment adviser, and makes no recommendations.
Use this data, or open the live card

Open HYBL live on ETFIQ, where the figures refresh with the data.

Cite this page. ETFIQ, HYBL, income ETFs, data as of Sep 18, 2026. https://etfiq.com/funds/hybl Free to use with attribution; the underlying files are at Open data.

How these figures are computed · Standards and sources