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