- ISIN
- US09290C8221
- CUSIP
- 09290C822
- Issuer
- iShares
- Inception Date
- Jul 17, 2024
- Region
- Global (Broad)
- Category
- Ultrashort Bond
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Bond
- Assets Under Management
- $190M
Share Price Chart
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Performance
CSHP Performance Chart
iShares Enhanced Short-Term Bond Active ETF (CSHP) is up 1.6% since the beginning of the year. CSHP is currently trading at $99 per share.
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Returns By Period
iShares Enhanced Short-Term Bond Active ETF (CSHP) has returned 1.63% so far this year and 3.96% over the past 12 months.
iShares Enhanced Short-Term Bond Active ETF
- 1D
- 0.02%
- 1M
- 0.27%
- YTD
- 1.63%
- 6M
- 1.93%
- 1Y
- 3.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
CSHP Monthly Returns History
Based on dividend-adjusted daily data since Jul 18, 2024, CSHP's average daily return is +0.02%, while the average monthly return is +0.33%. At this rate, an investment would double in approximately 17.5 years.
Historically, 100% of months were positive and 0% were negative. The best month was Aug 2024 with a return of +0.5%, while the worst month was Jun 2026 at 0.0%. The longest winning streak lasted 24 consecutive months, and the longest losing streak was 0 months.
On a daily basis, CSHP closed higher 75% of trading days. The best single day was Aug 23, 2024 with a return of +0.1%, while the worst single day was Mar 10, 2025 at -0.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.31% | 0.27% | 0.39% | 0.34% | 0.28% | 0.04% | 1.63% | ||||||
| 2025 | 0.37% | 0.29% | 0.30% | 0.34% | 0.42% | 0.29% | 0.42% | 0.28% | 0.30% | 0.33% | 0.31% | 0.34% | 4.10% |
| 2024 | 0.21% | 0.47% | 0.36% | 0.44% | 0.41% | 0.34% | 2.24% |
Benchmark Metrics
iShares Enhanced Short-Term Bond Active ETF has an annualized alpha of 4.25%, beta of 0.00, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since July 19, 2024.
- This ETF captured 8.12% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -18.13%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.00 may look defensive, but with R2 of 0.01 this ETF is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this ETF's risk.
- R2 of 0.01 means this ETF moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 4.25%
- Beta
- 0.00
- R²
- 0.01
- Upside Capture
- 8.12%
- Downside Capture
- -18.13%
Expense Ratio
CSHP has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
CSHP ranks 100 for risk / return — in the top 100% of ETFs on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for iShares Enhanced Short-Term Bond Active ETF (CSHP) and compare them to S&P 500 Index.
| CSHP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +9.66 | ||
| Sortino ratioReturn per unit of downside risk | +28.18 | ||
| Omega ratioGain probability vs. loss probability | 7.44 | 1.41 | +6.03 |
| Calmar ratioReturn relative to maximum drawdown | 65.71 | 2.93 | +62.78 |
| Martin ratioReturn relative to average drawdown | 432.16 | 13.52 | +418.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
iShares Enhanced Short-Term Bond Active ETF provided a 3.92% dividend yield over the last twelve months, with an annual payout of $3.90 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $3.90 | $5.33 | $1.96 |
Dividend yield | 3.92% | 5.39% | 1.96% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Enhanced Short-Term Bond Active ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.23 | $0.24 | $0.25 | $0.25 | $0.25 | $1.22 | ||||||
| 2025 | $0.00 | $0.33 | $0.31 | $0.34 | $0.34 | $1.34 | $0.39 | $0.11 | $0.36 | $0.32 | $0.40 | $1.10 | $5.33 |
| 2024 | $0.60 | $0.39 | $0.25 | $0.72 | $1.96 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Enhanced Short-Term Bond Active ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares Enhanced Short-Term Bond Active ETF was 0.08%, occurring on Mar 10, 2025. Recovery took 4 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -0.08%Mar 2025 | 0s | 4d | 4dMar 2025 - Mar 2025 |
2025 selloff2025 | -0.07%Apr 2025 | 1d | 4d | 5dApr 2025 - Apr 2025 |
2026 pullback2026 | -0.06%Mar 2026 | 0s | 2d | 2dMar 2026 - Mar 2026 |
2025 pullback2025 | -0.05%Nov 2025 | 1d | 6d | 7dNov 2025 - Dec 2025 |
2025 selloff2025 | -0.05%Mar 2025 | 0s | 1d | 1dMar 2025 - Mar 2025 |
Drawdown Indicators
| CSHP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.08% | -56.78% | +56.70% |
Max Drawdown (1Y)Largest decline over 1 year | -0.06% | -9.10% | +9.04% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -0.00% | -10.72% | +10.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 1.97% | -1.96% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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