NEOS Enhanced Income Credit Select ETF

HYBI

Market cap $206M

NEOS Enhanced Income Credit Select ETF is rated Hold for income-focused investors seeking alternatives to traditional high-yield credit. HYBI offers an 8.4% forward yield, tax efficiency via 1256 contracts, and professional options management, but lacks long-term public history under NEOS. The ETF provides diversification through three bond ETFs and an options overlay, with a relatively low 0.68% expense ratio.

NEOS Enhanced Income Credit Select ETF offers high-yield income by investing in high-yield bond ETFs and writing SPX put spreads. HYBI currently yields 8-9% with monthly distributions, but its portfolio leans toward riskier, below-investment-grade bonds. The fund's expense ratio is capped at 0.68%, and its performance is closely tied to the health of high-yield credit markets.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces November monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces September monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the September 2025 Ex-Div Date (9/24/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (.

HYBI's structure combines high yield ETF exposure with S&P 500 put spreads, introducing unnecessary equity risk to a credit-focused strategy. The fund has underperformed its high yield ETF peers since conversion, especially during recent equity market volatility. HYBI's high expense ratio is not justified by its performance or risk-adjusted returns compared to lower-cost alternatives.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces August monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the August 2025 Ex-Div Date (8/20/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTCI).

HYBI offers broad bond exposure with a 5.7% yield, boosted by equity put option spreads. The fund's options strategy adds income but introduces capped equity downside and raises the expense ratio to 0.68%. HYBI is a good choice, but I believe there are better income ETFs in the market right now.

HYBI aims to provide high-yield corporate bond exposure with an added SPX options overlay for enhanced income. Despite its innovative strategy, HYBI has consistently underperformed both its benchmark and its underlying ETF constituents. The fund's high expense ratio and increased volatility from options exposure make it less attractive than simply holding the underlying ETFs.

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces April monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. ETF distribution information as of the April 2025 Ex-Div Date (4/23/2025)   Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTCI) 27.

Market volatility remains pronounced as of midday trading on Friday as investors digest rapidly shifting global trade dynamics. Advisors and investors looking to potentially harness volatility for income would do well to consider the NEOS options-based ETF suite this year.