NEOS Enhanced Income 1-3 Month T-Bill ETF (CSHI) belongs to the Ultrashort Bond category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with CSHI. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CSHI
CSHI charges 0.38% annually. There are 64 ETFs in the Ultrashort Bond category with lower expense ratios, going as low as 0.03%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| BondBloxx Bloomberg One Year Target Duration US Tr... | 0.03% | 758.60M | Sep 2022 | CSHI vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | CSHI vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | CSHI vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | CSHI vs TRSY | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.07% | 8.40B | Feb 2025 | CSHI vs VBIL |
Best Risk-Adjusted Alternatives to CSHI
CSHI has a PortfoliosLab risk / return rank of 99. There are 39 ETFs in the Ultrashort Bond category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 100 | 97.69B | May 2020 | CSHI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.75B | May 2007 | CSHI vs BIL | |
| Invesco Short Term Treasury ETF | 100 | 2.59B | Jan 2017 | CSHI vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | CSHI vs VBIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.03B | Jun 2023 | CSHI vs BILZ |
Top Performing CSHI Alternatives (YTD)
CSHI is at 2.69% YTD. There are 2 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 3.07%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.07% | 22.67M | Mar 2023 | CSHI vs FUSI | |
| CrossingBridge Ultra-Short Duration ETF | 2.92% | 14.84M | Sep 2021 | CSHI vs CUSD | |
| VanEck IG Floating Rate ETF | 2.46% | 2.89B | Apr 2011 | CSHI vs FLTR | |
| Simplify Treasury Option Income ETF | 2.42% | 474.96M | Oct 2022 | CSHI vs BUCK | |
| Angel Oak Ultrashort Income ETF | 2.38% | 1.45B | Oct 2022 | CSHI vs UYLD |
Lowest Volatility Alternatives to CSHI
CSHI has 0.86% 1-year volatility. There are 58 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 97.69B | May 2020 | CSHI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.75B | May 2007 | CSHI vs BIL | |
| Invesco Short Term Treasury ETF | 0.20% | 2.59B | Jan 2017 | CSHI vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | 0.21% | 8.40B | Feb 2025 | CSHI vs VBIL | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.86B | Jan 2007 | CSHI vs SHV |
Lowest Drawdown Alternatives to CSHI
CSHI has a 1-year max drawdown of -0.21%. There are 40 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | CSHI vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.75B | May 2007 | CSHI vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 97.69B | May 2020 | CSHI vs SGOV | |
| iShares Treasury Floating Rate Bond ETF | -0.02% | 6.55B | Feb 2014 | CSHI vs TFLO | |
| WisdomTree Floating Rate Treasury Fund | -0.02% | 17.91B | Feb 2014 | CSHI vs USFR |
Other ETFs from Neos
The 10 most viewed Neos ETFs shown here include QQQI, SPYI, BTCI and span 12 categories. AUM among these funds goes as high as $13B.
Often Compared With CSHI
Investors most often compare CSHI with BOXX, HIGH, THTA. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare CSHI with Any Fund or Stock
Compare CSHI with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CSHI with funds that move differently
NEOS Enhanced Income 1-3 Month T-Bill ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CSHI.
Explore CSHI Diversifiers