SPDR Blackstone High Income Fund (HYBL)
BATS BATS Primary 
State Street's High Income ETF Pays Over 7% Yield and Hasn't Lost Money In 2025
Income-focused investors face a persistent challenge: finding yield without sacrificing capital stability.
HYBL Beats Competitors In 2024, But Shows Decay In Value.
SPDR® Blackstone High Income ETF (HYBL) focuses on high-yield debt, including corporate bonds, senior loans, and CLOs. HYBL is diversified across sectors and holdings, and has outperformed a junk bond benchmark and high-yield bond ETFs since its inception. However, HYBL track record is short and already shows a decay in value.
HYBL: Diversified High-Yield And Senior Loan ETF, Strong 8.2% Yield, Average Performance
HYBL is an actively managed ETF investing in high-yield bonds and senior loans. It offers investors a strong 8.2% yield and a reasonable performance track record. It is also more expensive than average, with a 0.70% expense ratio. It has failed to outperform relevant benchmarks since inception and has underperformed several of my top picks in these segments.
HYBL: Active, But Unclear If It Works (Yet)
SPDR® Blackstone High Income ETF offers active management in the bond market with potential for stronger risk-adjusted returns. The HYBL ETF's investment process combines top-down asset allocation and bottom-up security selection. The fund has a diversified asset mix of high-yield corporate bonds, senior loans, and collateralized loan obligations.
