State Street Blackstone High Income ETF
$27.76−0.09 (−0.33%)
- Expense ratio
- 0.70%
- Fund size
- $580M
- 1Y return
- +4.3%
- Yield · Last 12 months
- 7.04%
- Holdings
- 620
- Volume · 30D
- 0.1M sh
- NAV per share
- $27.93
- 52W range
The ETF.net HYBL Grade
Score 51 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 12Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 71Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 63Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 77Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 58Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on HYBL
CA Blackstone-branded, actively managed take on high income: rather than tracking a junk bond index, the managers roam bonds and loans chasing income with less volatility than those markets.
Actively managed strategy seeking risk-adjusted total return and high current income, with lower volatility than general bond and loan segments over full market cycles.
Why people hold it
- Active by design. The mandate is risk-adjusted total return plus high current income, so the team can shift across bond and loan credit instead of holding whatever an index says.ssga.com
- Volatility is part of the job description: the fund targets lower swings than the broad bond and loan segments over full market cycles, not just the fattest yield.
- Pays monthly and spreads risk across several hundred credit positions, so no single borrower carries the income stream.
- State Street plumbing, Blackstone name on the door, in a plain ETF wrapper you can trade in any brokerage account.
Worth knowing
- The 0.70% fee is the price of the active seat. Index high yield rivals run far cheaper: SCYB at 0.03%, SPHY at 0.05%, USHY at 0.08%.
- Its stated yardstick is the Bloomberg U.S. Aggregate Bond Index, an investment-grade benchmark, so lining it up against junk bond funds takes your own math.
- Launched in 2022, so the track record covers a short stretch of credit history rather than multiple full cycles.
HYBL Holdings
- Bonds
- 620
- 10%
- Discovery Global Holdings Inc aka WarnerMedia Holdings Inc/WarnerMedia/Warner Brothers Discover 06/0
Geography
- United States89.83%
- Canada2.80%
- Japan1.68%
- Australia1.66%
- United Kingdom1.66%
- Ireland0.89%
- Greece0.47%
- Luxembourg0.35%
- 0.67%
HYBL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HYBL |
|---|---|
| Year to date | +2.5% |
| 1 month | +0.1% |
| 3 months | +1.2% |
| 1 year | +4.3% |
| 3 years | +8.2% |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HYBL |
|---|---|---|
| 2026 YTD | +2.5% | |
| 2025 | +7.8% | |
| 2024 | +9.1% | |
| 2023 | +11.9% | |
| 2022 | −4.7% |
HYBL in the news
ETF.net Research hasn’t filed on HYBL yet — coverage lands here as it’s written.
HYBL Dividends
- 7.04%
- $1.96
- $0.17 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.17 |
| Aug 3, 2026 | Aug 6, 2026 | $0.17 |
| Jul 1, 2026 | Jul 7, 2026 | $0.15 |
| Jun 1, 2026 | Jun 4, 2026 | $0.16 |
| May 1, 2026 | May 6, 2026 | $0.16 |
| Apr 1, 2026 | Apr 6, 2026 | $0.17 |
| Mar 2, 2026 | Mar 5, 2026 | $0.15 |
| Feb 2, 2026 | Feb 5, 2026 | $0.16 |
| Dec 18, 2025 | Dec 23, 2025 | $0.17 |
| Dec 1, 2025 | Dec 4, 2025 | $0.17 |
| Nov 3, 2025 | Nov 6, 2025 | $0.18 |
| Oct 1, 2025 | Oct 6, 2025 | $0.17 |
HYBL Risk
- 3.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −8.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HYBL Cost
- The middle half of US High Yield funds
- Median 0.43%
74 of the 84 US High Yield funds charge less.