SPDR Blackstone High Income ETF (HYBL) Performance
HYBL total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +1.2% since Dec 31, 2025
- 1 year
- +3.0% total return
- 3 years
- +8.2% a year
- Since first price
- +5.2% a year since 2022
HYBL trailing returns vs SPY, QQQ, AGG
| Period | HYBL total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −0.9% | −1.5% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.2% | −1.9% | +3.2% | +1.9% | −0.4% |
| 6 months | +0.7% | −2.8% | +7.8% | +8.4% | −1.5% |
| YTD | +1.2% | −3.9% | +12.3% | +15.1% | −1.0% |
| 1 year | +3.0% | −4.0% | +14.4% | +15.9% | −1.1% |
| 3 years | +26.6%+8.2%/yr | +1.0% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionFeb 17, 2022 | +26.9%+5.2%/yr | −9.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: HYBL vs SPY
From Feb 17, 2022: HYBL grew to $12,691, SPY to $18,526.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
HYBL returns by calendar year
3 of 3 full years positive. Best 2023 (+11.9%), worst 2025 (+7.8%). 2026 is year to date.
HYBL annual returns table
| Year | HYBL | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +1.2% | −2.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +7.8% | −4.3% | +17.7% | +20.8% | +7.2% |
| 2024 | +9.1% | −1.2% | +24.9% | +25.6% | +1.3% |
| 2023 | +11.9% | −2.9% | +26.2% | +54.9% | +5.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
HYBL risk statistics
| Statistic | 3 years | Since 2022 |
|---|---|---|
| Annualized return | +7.9% | +5.4% |
| Volatility (annualized) | 3.3% | 5.2% |
| Sharpe ratio | 1.01 | 0.29 |
| Sortino ratio | 1.92 | 0.42 |
| Best month | +3.1% | +4.4% |
| Worst month | −1.4% | −4.3% |
| Best 12 months | +14.0% | +14.0% |
| Worst 12 months | +3.2% | −3.2% |
| Positive months | 78% | 67% |
| Beta vs S&P 500 | 0.20 | — |
| Correlation with S&P 500 | 0.76 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
HYBL rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 45 | −3.2% | +8.2% | +14.0% | 96% |
| 3-year (a year) | 21 | +5.4% | +8.2% | +10.4% | 100% |
Every holding period starting at a month-end since 2022. Returns for 3 years and longer are annualized.
HYBL performance overview
SPDR Blackstone High Income ETF (HYBL) returned +3.0% over the past year, with distributions reinvested. Since its first recorded price in 2022 it has returned +5.2% a year, turning $10,000 into about $12,691. Over the same year S&P 500 (SPY) returned +14.4%.
Related: HYBL chart, HYBL dividends. See the HYBL overview for the latest quote and fund facts.
HYBL performance FAQ
What is the HYBL return over the past year?
HYBL returned +3.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 4.0%.
How much would $10,000 invested in HYBL be worth?
$10,000 invested in HYBL at its first recorded close on February 17, 2022 would be worth about $12,691 on October 23, 2026 with distributions reinvested.
What was the worst year for HYBL?
The worst calendar year was 2025, with a total return of +7.8%. The best was 2023 at +11.9%.
How volatile is HYBL?
Over the past 3 years HYBL had an annualized volatility of 3.3% and a Sharpe ratio of 1.01 (excess return over 1–3 month T-bills per unit of risk).