The combination of different types of fibers in a common matrix, known as a hybrid composite, has the potential of achieving a balance between composite strength and ductility, as well as a more cost‐effective use of expensive fibers, not re‐alized in a single‐fiber compostie. The elastic properties of a continuous Kevlar®/glass intermingled hybrid composite have been investigated. Theoretical predictions utilizing a self‐consistent model and a bound approach are compared to the influence of the relative Kevlar®/glass fiber volume fraction on the elasstic material properties.