State Street Blackstone High Income ETF
$27.53−0.04 (−0.16%)
- 0.70%
- $565M
- +4.7%
- 7.08%
- 0.1M sh
- $27.51
- low $27.31high $28.62
The ETF.net HYBL Grade
C
Score 51 out of 100
- 55 of 85
Score 51 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F12 out of 100Rank 74 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A72 out of 100Rank 56 of 74Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 4 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B69 out of 100Rank 18 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 42 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 30 of 85
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
- 636
- 8%
- State Street Blackstone Senior Loan ETF
Geography
- United States88.47%
- Japan3.90%
- Canada2.61%
- United Kingdom1.59%
- Australia1.20%
- Ireland0.94%
- Greece0.40%
- Luxembourg0.30%
- 0.58%
HYBL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.
HYBL$10,466
Returns run to the Oct 12, 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 | +2.1% |
| 1 month | −0.4% |
| 3 months | +0.6% |
| 1 year | +4.7% |
| 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 | +2.1% | |
| 2025 | +7.8% | |
| 2024 | +9.1% | |
| 2023 | +11.9% | |
| 2022 | −4.7% |
HYBL in the news
HYBL Dividends
- 7.08%
- $1.95
- $0.16 per share
- Monthly
Distribution history
HYBL Risk
- 3.3%
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.
- 0.96
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
0.70%
HYBL0.70%
- The middle half of US High Yield funds
- Median 0.43%
75 of the 85 US High Yield funds charge less.
Other funds in US High Yield
- CPSHPGIM Short Duration High Yield ETFExpense ratio 0.45%1 year return +3.2%
- CTHYFT. Rowe Price U.S. High Yield ETFExpense ratio 0.50%1 year return +3.3%
- CAOHYAngel Oak High Yield Opportunities ETFExpense ratio 0.55%1 year return +3.7%
- CHYZDWisdomTree Interest Rate Hedged High Yield Bond FundExpense ratio 0.43%1 year return +6.3%
- COBNDState Street Loomis Sayles Opportunistic Bond ETFExpense ratio 0.55%1 year return +1.2%