HYBI vs VOO
NEOS Enhanced Income Credit Select ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | HYBI | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 0.68% | 0.03% | |
| AUM | $223M | $997.4B | |
| Dividend Yield | 8.32% | 1.08% | |
| Holdings | 11 | 509 | |
| YTD Return | +2.50% | +12.68% | |
| 1Y Return | +5.85% | +21.87% | |
| 3Y Return (annualized) | - | +22.06% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 3.1% | 14.1% | |
| Max Drawdown | -4.0% | -34.3% | |
| Fund Family | NEOS | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 30, 2024 | Sep 7, 2010 |
HYBI vs VOO Performance
NEOS Enhanced Income Credit Select ETF (HYBI) is a ETF from NEOS and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year HYBI returned +5.85% while VOO returned +21.87%. Year to date, HYBI is up 2.50% versus a gain of 12.68% for VOO.
Risk: Volatility and Drawdowns
VOO has been the more volatile fund, with annualized monthly volatility of 14.1% compared with 3.1% for HYBI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.0% for HYBI and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYBI charges 0.68% per year while VOO charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, HYBI currently yields 8.32% against 1.08% for VOO.
Holdings Overlap
HYBI and VOO share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HYBI or VOO?
HYBI has an expense ratio of 0.68% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $65 per year of difference.
Which performed better, HYBI or VOO?
Over the past year HYBI returned +5.85% vs +21.87% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), HYBI annualized +6.42% vs +13.47% for VOO. Past performance does not guarantee future results.
Which is riskier, HYBI or VOO?
VOO has been the more volatile fund at 14.1% annualized versus 3.1% for HYBI. Worst drawdown: HYBI -4.0% vs VOO -34.3%.
Should I hold both HYBI and VOO?
HYBI and VOO have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYBI and VOO?
HYBI and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, HYBI or VOO?
HYBI yields 8.32% while VOO yields 1.08%, so HYBI currently pays the higher dividend yield.
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