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 66 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% | 841.59M | Sep 2022 | CSHI vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.94B | Sep 2022 | CSHI vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.79M | Oct 2025 | CSHI vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | CSHI vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.59B | Jun 2023 | CSHI vs CLIP |
Best Risk-Adjusted Alternatives to CSHI
CSHI has a PortfoliosLab risk / return rank of 99. There are 36 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 | 99.95B | May 2020 | CSHI vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 47.03B | May 2007 | CSHI vs BIL | |
| Goldman Sachs Access Treasury 0-1 Year ETF | 100 | 7.59B | Sep 2016 | CSHI vs GBIL | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 9.40B | Feb 2025 | CSHI vs VBIL | |
| Invesco Short Term Treasury ETF | 100 | 2.87B | Jan 2017 | CSHI vs TBLL |
Top Performing CSHI Alternatives (YTD)
CSHI is at 2.98% YTD. There is 1 ETF in the Ultrashort Bond category with a higher YTD return, going as high as 3.28%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| American Century Multisector Floating Income ETF | 3.28% | 22.73M | Mar 2023 | CSHI vs FUSI | |
| VanEck IG Floating Rate ETF | 2.70% | 3.00B | Apr 2011 | CSHI vs FLTR | |
| Simplify Treasury Option Income ETF | 2.60% | 489.70M | Oct 2022 | CSHI vs BUCK | |
| Angel Oak Ultrashort Income ETF | 2.59% | 1.55B | Oct 2022 | CSHI vs UYLD | |
| Thrivent Ultra Short Bond ETF | 2.59% | 218.28M | Feb 2025 | CSHI vs TUSB |
Lowest Volatility Alternatives to CSHI
CSHI has 0.84% 1-year volatility. There are 56 ETFs in the Ultrashort Bond category with lower 1-year volatility, going as low as 0.19%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | 0.19% | 2.87B | Jan 2017 | CSHI vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 99.95B | May 2020 | CSHI vs SGOV | |
| iShares 0-1 Year Treasury Bond ETF | 0.20% | 20.70B | Jan 2007 | CSHI vs SHV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 47.03B | May 2007 | CSHI vs BIL | |
| Global X 1-3 Month T-Bill ETF | 0.21% | 2.59B | Jun 2023 | CSHI vs CLIP |
Lowest Drawdown Alternatives to CSHI
CSHI has a 1-year max drawdown of -0.21%. There are 41 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% | 9.40B | Feb 2025 | CSHI vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 47.03B | May 2007 | CSHI vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 99.95B | May 2020 | CSHI vs SGOV | |
| Global X 1-3 Month T-Bill ETF | -0.02% | 2.59B | Jun 2023 | CSHI vs CLIP | |
| F/m US Treasury 3 Month Bill ETF | -0.02% | 7.22B | Aug 2022 | CSHI vs TBIL |
Other ETFs from Neos
The 10 most viewed Neos ETFs shown here include QQQI, SPYI, BTCI and span 13 categories. AUM among these funds goes as high as $13B.
Often Compared With CSHI
Investors most often compare CSHI with BOXX, BNDI, HIGH. These 20 comparison targets span 11 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