HYBI vs SPTE
Comparison between NEOS ENHANCED INCOME CREDIT SELECT ETF (HYBI, ETF) and SP FUNDS S&P GLOBAL TECHNOLOGY ETF (SPTE, ETF).
HYBI vs SPTE - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
Winner
HYBI
$224M
SPTE
$224M
Expense Ratio
HYBI
0.68%
Winner
SPTE
0.55%
Max Drawdown
Winner
HYBI
7.56%
SPTE
25.60%
Sharpe Ratio
HYBI
0.63
Winner
SPTE
1.48
5Y Beta
Winner
HYBI
0.24
SPTE
1.45
P/E Ratio
HYBI
N/A
SPTE
35.86
Forward P/E
HYBI
N/A
SPTE
22.26
PEG Ratio
HYBI
N/A
SPTE
0.26
5Y EPS CAGR
HYBI
N/A
SPTE
36.02%
P/S Ratio
HYBI
N/A
SPTE
1.95
P/B Ratio
HYBI
N/A
SPTE
11.91
HYBI vs SPTE - Historical Returns
Returns include dividend reinvestment.
1M
Winner
HYBI
+0.28%
SPTE
-6.00%
3M
HYBI
+0.81%
Winner
SPTE
+16.02%
6M
HYBI
+1.50%
Winner
SPTE
+28.79%
1Y
HYBI
+5.76%
Winner
SPTE
+47.69%
Max(CAGR)
HYBI
+4.72%
Winner
SPTE
+38.16%
HYBI vs SPTE - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | HYBI | SPTE |
|---|---|---|
| 2026 | +2.00% | +30.60% |
| 2025 | +6.71% | +26.63% |
| 2024 | -0.48% | +37.29% |
| 2023 | N/A | +5.24% |
HYBI vs SPTE Drawdown Comparison
The maximum drawdown for HYBI was -4.68%, occurring on Apr 8, 2025. Recovery took 79 trading sessions.
The maximum drawdown for SPTE was -25.54%, occurring on Apr 8, 2025. Recovery took 98 trading sessions.
The current HYBI drawdown is -0.26%. The current SPTE drawdown is -7.82%.
| Rank | HYBI | SPTE |
|---|---|---|
| #1 | -4.68% Feb 26, 2025 - Jun 20, 2025 | -25.54% Jan 22, 2025 - Jun 12, 2025 |
| #2 | -1.89% Dec 6, 2024 - Feb 14, 2025 | -18.15% Jul 10, 2024 - Dec 16, 2024 |
| #3 | -1.43% Feb 20, 2026 - Apr 14, 2026 | -13.80% Feb 25, 2026 - Apr 15, 2026 |
| #4 | -1.21% Oct 6, 2025 - Oct 24, 2025 | -12.06% Mar 7, 2024 - May 24, 2024 |
| #5 | -1.14% Sep 30, 2024 - Nov 7, 2024 | -11.14% Jun 2, 2026 - Jul 20, 2026 |
| #6 | -1.06% Oct 27, 2025 - Nov 28, 2025 | -10.08% Oct 29, 2025 - Jan 16, 2026 |
| #7 | -0.97% May 6, 2026 - May 29, 2026 | -7.63% Jan 28, 2026 - Feb 25, 2026 |
| #8 | -0.91% Jun 2, 2026 - Jun 15, 2026 | -5.01% Dec 28, 2023 - Jan 18, 2024 |
| #9 | -0.76% Nov 8, 2024 - Nov 29, 2024 | -4.99% Jan 6, 2025 - Jan 22, 2025 |
| #10 | -0.59% Jul 2, 2025 - Jul 21, 2025 | -4.87% Oct 8, 2025 - Oct 24, 2025 |
| #11 | -0.48% Apr 17, 2026 - May 6, 2026 | -4.65% Jun 18, 2024 - Jul 3, 2024 |
| #12 | -0.47% Aug 13, 2025 - Aug 22, 2025 | -4.57% May 14, 2026 - May 22, 2026 |
| #13 | -0.44% Jan 16, 2026 - Jan 22, 2026 | -4.01% Aug 13, 2025 - Sep 9, 2025 |
| #14 | -0.38% Feb 2, 2026 - Feb 6, 2026 | -3.91% Feb 9, 2024 - Feb 26, 2024 |
| #15 | -0.38% Sep 22, 2025 - Oct 1, 2025 | -3.47% Dec 16, 2024 - Jan 6, 2025 |
Correlation
Correlation between HYBI and SPTE is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.
0.92
-101
Dividend Comparison (2024 - 2026)
HYBI vs SPTE dividend yield comparison.
| Year | HYBI | SPTE |
|---|---|---|
| 2026 | 4.77% | 0.08% |
| 2025 | 8.48% | 0.96% |
| 2024 | 2.21% | 0.48% |
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