- 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
- $221M
Highlights
- Avg. Volume (1M)
- 70K
- Avg. Volume Value (1M)
- $6.97M
Share Price Chart
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Performance
CSHP Performance Chart
iShares Enhanced Short-Term Bond Active ETF (CSHP) is up 2.7% since the beginning of the year. CSHP is currently trading at $100 per share.
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Returns By Period
iShares Enhanced Short-Term Bond Active ETF (CSHP) has returned 2.65% so far this year and 4.32% over the past 12 months.
iShares Enhanced Short-Term Bond Active ETF
- 1D
- 0.11%
- 1M
- 0.62%
- 6M
- 2.32%
- YTD
- 2.65%
- 1Y
- 4.32%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.42%
Benchmark (S&P 500 Index)
- 1D
- 1.79%
- 1M
- 3.38%
- 6M
- 11.83%
- YTD
- 13.02%
- 1Y
- 22.22%
- 3Y*
- 19.99%
- 5Y*
- 11.80%
- 10Y*
- 13.49%
- ALL TIME*
- 8.15%
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 +0.34%. At this rate, an investment would double in approximately 17.0 years.
Historically, 100% of months were positive and 0% were negative. The best month was Jul 2026 with a return of +0.5%, while the worst month was Jul 2024 at 0.2%. The longest winning streak lasted 26 consecutive months, and the longest losing streak was 0 months.
On a daily basis, CSHP closed higher 73% of trading days. The best single day was Jul 30, 2026 with a return of +0.8%, while the worst single day was Jul 16, 2026 at -0.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.31% | 0.27% | 0.39% | 0.34% | 0.28% | 0.29% | 0.47% | 0.26% | 2.65% | ||||
| 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 4.32%, beta of 0.01, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since July 18, 2024.
- This ETF captured 8.04% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -20.79%) - a profile typical of hedging or uncorrelated assets.
- Beta of 0.01 may look defensive, but with R2 of 0.02 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 0.02 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
- 4.32%
- Beta
- 0.01
- R²
- 0.02
- Upside Capture
- 8.04%
- Downside Capture
- -20.79%
Expense Ratio
CSHP has an expense ratio of 0.20%, which is considered low.
Return for Risk
Risk / Return Rank
CSHP ranks 98 for risk / return — above 98% of ETFs peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CSHP | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +4.45 | ||
| Omega ratioGain probability vs. loss probability | 2.85 | 1.31 | +1.54 |
| Calmar ratioReturn relative to maximum drawdown | 11.23 | 2.45 | +8.78 |
| Martin ratioReturn relative to average drawdown | 70.44 | 10.40 | +60.04 |
Dividends
Dividend History
iShares Enhanced Short-Term Bond Active ETF provided a 4.10% dividend yield over the last twelve months, with an annual payout of $4.08 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $4.08 | $5.33 | $1.96 |
Dividend yield | 4.10% | 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 | $0.47 | $0.21 | $1.91 | ||||
| 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 0.39%, occurring on Jul 20, 2026. Recovery took 8 trading sessions.
The current iShares Enhanced Short-Term Bond Active ETF drawdown is 0.01%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-0.39%Jul 2026 | 4d | 10d | 14dJul 2026 - Jul 2026 | — |
-0.27%Jul 2026 | 1d | — | 5dJul 2026 - now | — |
-0.23%Jul 2026 | 3d | 2d | 5dJul 2026 - Jul 2026 | — |
-0.21%Jul 2026 | 1d | 1d | 1dJul 2026 - Jul 2026 | — |
-0.08%Jun 2026 | 2d | 5d | 7dJun 2026 - Jun 2026 | — |
Drawdown Indicators
| CSHP | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.39% | -56.78% | +56.39% |
Max Drawdown (1Y)Largest decline over 1 year | -0.39% | -9.10% | +8.71% |
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 | -0.01% | 0.00% | -0.01% |
Average DrawdownAverage peak-to-trough decline | -0.01% | -10.70% | +10.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.06% | 2.14% | -2.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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