HYBI vs VYM
NEOS Enhanced Income Credit Select ETF vs Vanguard High Dividend Yield ETF
Which is better, HYBI or VYM?
Multi Alternative against Large Cap Value.
VYM has a lower expense ratio. VYM led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HYBI | VYM |
|---|---|---|
| Expense Ratio | 0.68% | 0.04%Best |
| AUM | $222M | $81.6B |
| Dividend Yield | 8.25% | 2.22% |
| Holdings | 11 | 613 |
| YTD Return | +1.10% | +13.91%Best |
| 1Y Return | +2.74% | +17.57%Best |
| 3Y Return (annualized) | - | +18.12% |
| 5Y Return (annualized) | - | +12.17% |
| Volatility (annualized) | 3.4%Best | 10.4% |
| Max Drawdown | -4.0%Best | -14.5% |
| $10,000 over 1.9 years | $11,067 | $13,208Best |
| Fund Family | NEOS | Vanguard (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Value |
| Inception | Sep 30, 2024 | Nov 10, 2006 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Sep 30, 2024 to Sep 11, 2026 (1.9 years).
HYBI vs VYM growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
HYBI vs VYM Performance
NEOS Enhanced Income Credit Select ETF (HYBI) is an ETF from NEOS and Vanguard High Dividend Yield ETF (VYM) is an ETF from Vanguard (US). Over the past year HYBI returned +2.74% while VYM returned +17.57%. Year to date, HYBI is up 1.10% versus a gain of 13.91% for VYM.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
VYM has been the more volatile fund, with annualized monthly volatility of 10.4% compared with 3.4% 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 -14.5% for VYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HYBI charges 0.68% per year while VYM charges 0.04%. On a $10,000 position that is $68 vs $4 annually, a gap of $64 per year that compounds over a long holding period. On income, HYBI currently yields 8.25% against 2.22% for VYM.
Holdings Overlap
We hold position weights for 3 holdings in HYBI and 603 in VYM, totalling 95.1% and 99.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 63 days apart, HYBI as of Sep 1, 2026 and VYM as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 3 positions we hold weights for in HYBI and 603 in VYM, against full books of 11 and 613.
You are not choosing between two funds in isolation.
Whichever of HYBI and VYM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HYBI or VYM?
HYBI has an expense ratio of 0.68% while VYM charges 0.04%. VYM is the cheaper option, by $64 a year on a $10,000 investment.
Which performed better, HYBI or VYM?
Over the past year HYBI returned +2.74% vs +17.57% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), HYBI annualized +5.48% vs +15.77% for VYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYBI or VYM?
VYM has been the more volatile fund at 10.4% annualized versus 3.4% for HYBI. Worst drawdown: HYBI -4.0% vs VYM -14.5%.
Should I hold both HYBI and VYM?
HYBI and VYM have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, HYBI or VYM?
HYBI yields 8.25% while VYM yields 2.22%, so HYBI currently pays the higher dividend yield.
Is VYM better than HYBI?
VYM has a lower expense ratio. VYM led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.