iShares Ultra Short Duration Bond Active ETF (ICSH) 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 ICSH. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ICSH
ICSH charges 0.08% annually. There are 7 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 | ICSH vs XONE | |
| BondBloxx Bloomberg Six Month Target Duration US T... | 0.03% | 1.91B | Sep 2022 | ICSH vs XHLF | |
| State Street SPDR Portfolio Ultra Short T-Bill ETF | 0.05% | 13.77M | Oct 2025 | ICSH vs SPTU | |
| Xtrackers US 0-1 Year Treasury ETF | 0.06% | — | Oct 2024 | ICSH vs TRSY | |
| Global X 1-3 Month T-Bill ETF | 0.07% | 2.56B | Jun 2023 | ICSH vs CLIP |
Best Risk-Adjusted Alternatives to ICSH
ICSH has a PortfoliosLab risk / return rank of 99. There are 24 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 | 95.28B | May 2020 | ICSH vs SGOV | |
| Invesco Short Term Treasury ETF | 100 | 2.58B | Jan 2017 | ICSH vs TBLL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 100 | 46.54B | May 2007 | ICSH vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 100 | 1.09B | Jun 2023 | ICSH vs BILZ | |
| Vanguard 0-3 Month Treasury Bill ETF | 100 | 8.40B | Feb 2025 | ICSH vs VBIL |
Top Performing ICSH Alternatives (YTD)
ICSH is at 1.55% YTD. There are 53 ETFs in the Ultrashort Bond category with higher YTD returns, going as high as 4.97%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| CrossingBridge Ultra-Short Duration ETF | 4.97% | 14.84M | Sep 2021 | ICSH vs CUSD | |
| American Century Multisector Floating Income ETF | 2.74% | 22.70M | Mar 2023 | ICSH vs FUSI | |
| NEOS Enhanced Income 1-3 Month T-Bill ETF | 2.39% | 1.34B | Aug 2022 | ICSH vs CSHI | |
| VanEck IG Floating Rate ETF | 2.19% | 2.81B | Apr 2011 | ICSH vs FLTR | |
| Simplify Treasury Option Income ETF | 2.12% | 465.86M | Oct 2022 | ICSH vs BUCK |
Lowest Volatility Alternatives to ICSH
ICSH has 0.41% 1-year volatility. There are 24 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% | 2.58B | Jan 2017 | ICSH vs TBLL | |
| iShares 0-3 Month Treasury Bond ETF | 0.19% | 95.28B | May 2020 | ICSH vs SGOV | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | 0.20% | 46.54B | May 2007 | ICSH vs BIL | |
| PIMCO Ultra Short Government Active Exchange-Trade... | 0.21% | 1.09B | Jun 2023 | ICSH vs BILZ | |
| iShares 0-1 Year Treasury Bond ETF | 0.21% | 20.81B | Jan 2007 | ICSH vs SHV |
Lowest Drawdown Alternatives to ICSH
ICSH has a 1-year max drawdown of -0.10%. There are 24 ETFs in the Ultrashort Bond category with shallower 1-year drawdowns, going as shallow as -0.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Short Term Treasury ETF | -0.01% | 2.58B | Jan 2017 | ICSH vs TBLL | |
| Vanguard 0-3 Month Treasury Bill ETF | -0.01% | 8.40B | Feb 2025 | ICSH vs VBIL | |
| SPDR Bloomberg 1-3 Month T-Bill ETF | -0.01% | 46.54B | May 2007 | ICSH vs BIL | |
| iShares 0-3 Month Treasury Bond ETF | -0.01% | 95.28B | May 2020 | ICSH vs SGOV | |
| PIMCO Ultra Short Government Active Exchange-Trade... | -0.02% | 1.09B | Jun 2023 | ICSH vs BILZ |
Other ETFs from iShares
The 10 most viewed iShares ETFs shown here include IBIT, IVV, SOXX and span 14 categories. AUM among these funds goes as high as $838B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| iShares Bitcoin Trust ETF | Cryptocurrency | 2 | -28.88% | 48.04B | Jan 2024 | ICSH vs IBIT | |
| iShares Core S&P 500 ETF | S&P 500 | 59 | 8.20% | 837.93B | May 2000 | ICSH vs IVV | |
| iShares Semiconductor ETF | Semiconductors, Technology Equities | 95 | 100.58% | 46.67B | Jul 2001 | ICSH vs SOXX | |
| iShares 20+ Year Treasury Bond ETF | Government Bonds, Long-Term Bond | 14 | 0.77% | 41.34B | Jul 2002 | ICSH vs TLT | |
| iShares Core Dividend Growth ETF | Large Cap Growth Equities, Dividend | 75 | 9.19% | 41.89B | Jun 2014 | ICSH vs DGRO | |
| iShares Silver Trust | Silver, Precious Metals | 31 | -13.49% | 32.53B | Apr 2006 | ICSH vs SLV | |
| iShares Gold Trust | Gold, Precious Metals | 22 | -4.73% | 64.29B | Jan 2005 | ICSH vs IAU | |
| iShares Russell 2000 ETF | Small Cap Blend Equities | 67 | 20.47% | 81.35B | May 2000 | ICSH vs IWM | |
| iShares MSCI ACWI ETF | Global Equities | 58 | 9.86% | 32.95B | Mar 2008 | ICSH vs ACWI | |
| iShares Core U.S. Aggregate Bond ETF | Total Bond Market | 32 | 0.47% | 138.10B | Sep 2003 | ICSH vs AGG |
Often Compared With ICSH
Investors most often compare ICSH with JPST, PULS, SPAXX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare ICSH with Any Fund or Stock
Compare ICSH with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ICSH with funds that move differently
iShares Ultra Short Duration Bond Active ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ICSH.
Explore ICSH Diversifiers