More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$222494912
P/E ratio
--
Dividend yield
8.3592%
Expense ratio
0.68%
Beta
0.173444
Previous close
$49.19
Today's open
$49.32
Day's range
$49.28 - $49.36
52 week range
$48.75 - $51.17
Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
NEOS Investments Announces May 2026 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces May monthly distribution amounts for their suite of ETFs that pursue monthly income and tax efficiency across core portfolio exposures. May 2026 Distribution Information, based on each ETFs Ex-Dividend Date: Distribution Rate* Amount / Share (%) Amount / Share ($) Ex-Dividend Date 30-Day SEC Yield** Boosted Bitcoin High Income ETF (XBCI) 38.8.
Business Wire • May 29, 2026

HYBI: A Better Choice In 2026 Than Its Underlying ETFs SPHY, USHY And HYLB
NEOS Enhanced Income Credit Select ETF offers a ~8% monthly distribution by layering an S&P 500 index put options strategy over high-yield bond ETFs. HYBI's net yield advantage over its underlying ETFs is only 50-100 bps, largely offset by a much higher 0.68% expense ratio. The fund's value-add is regime-dependent: it outperforms in stable, elevated volatility but lags in credit stress or strong rallies due to option overlay constraints.
Seeking Alpha • May 7, 2026

2 NEOS ETFs That I'd Never Buy
Option overlay funds (mostly covered call ETFs) play a critical role in my income-oriented portfolio. Through these vehicles I can enhance my overall portfolio yield and obtain exposure to asset classes that tend to be underrepresented in income portfolios. In this context, NEOS Investments vehicles are my favorites.
Seeking Alpha • May 4, 2026

Boost Corporate Bonds' Income Proposition with this ETF
Experienced fixed income investors know that corporate bonds, both the investment-grade and high-yield varieties, sport higher yields than Treasuries. That's added compensation for more risk, though U.S. corporate bonds are far from the riskiest asset class around.
ETF Trends • Jan 28, 2026

HYBI: High Yield Bond Fund With Options Overlay
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.
Seeking Alpha • Jan 22, 2026

HYBI: An Adequate Hold For Income
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.
Seeking Alpha • Nov 29, 2025

NEOS Investments Announces November 2025 ETF Suite Distributions
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.
Business Wire • Nov 28, 2025

NEOS Investments Announces October 2025 ETF Suite Distributions
WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments, an asset management firm comprised of leaders and pioneers in the options-based ETF space, announces October 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 October 2025 Ex-Div Date (10/22/2025) Distribution Rate* Amount / Share (%) Amount / Share ($) Distribution Frequency 30-Day SEC Yield** Bitcoin High Income ETF (BTC.
Business Wire • Oct 24, 2025

NEOS Investments Announces September 2025 ETF Suite Distributions
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 (.
Business Wire • Sep 26, 2025

HYBI: Not Our Cup Of Tea, Poor Macro
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.
Seeking Alpha • Sep 6, 2025

¹ Disclosures

Open an M1 investment account to buy and sell NEOS Enhanced Income Credit Select ETF commission-free¹. Build wealth for the long term using automated trading and transfers.