BUXX vs. ICSH
BUXX (Strive Enhanced Income Short Maturity ETF) and ICSH (iShares Ultra Short Duration Bond Active ETF) are both Ultrashort Bond funds. Both are actively managed. Over the past year, BUXX returned 4.30% vs 4.20% for ICSH. At a 0.26 correlation, their price movements are largely independent. BUXX charges 0.26%/yr vs 0.08%/yr for ICSH.
Performance
BUXX vs. ICSH - Performance Comparison
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Returns By Period
In the year-to-date period, BUXX achieves a 1.81% return, which is significantly higher than ICSH's 1.51% return.
BUXX
- 1D
- 0.05%
- 1M
- 0.36%
- YTD
- 1.81%
- 6M
- 1.94%
- 1Y
- 4.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ICSH
- 1D
- -0.04%
- 1M
- 0.20%
- YTD
- 1.51%
- 6M
- 1.67%
- 1Y
- 4.20%
- 3Y*
- 5.09%
- 5Y*
- 3.69%
- 10Y*
- 2.77%
BUXX vs. ICSH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
BUXX Strive Enhanced Income Short Maturity ETF | 1.81% | 4.84% | 6.18% | 2.86% |
ICSH iShares Ultra Short Duration Bond Active ETF | 1.51% | 4.96% | 5.52% | 2.45% |
Correlation
The correlation between BUXX and ICSH is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.25 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2023 | 0.26 |
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Return for Risk
BUXX vs. ICSH — Risk / Return Rank
BUXX
ICSH
BUXX vs. ICSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strive Enhanced Income Short Maturity ETF (BUXX) and iShares Ultra Short Duration Bond Active ETF (ICSH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| BUXX | ICSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -6.71 | ||
| Sortino ratioReturn per unit of downside risk | -16.84 | ||
| Omega ratioGain probability vs. loss probability | 1.84 | 5.64 | -3.80 |
| Calmar ratioReturn relative to maximum drawdown | 14.68 | 42.62 | -27.94 |
| Martin ratioReturn relative to average drawdown | 58.03 | 244.74 | -186.71 |
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Drawdowns
BUXX vs. ICSH - Drawdown Comparison
The maximum BUXX drawdown since its inception was -0.60%, smaller than the maximum ICSH drawdown of -3.94%. Use the drawdown chart below to compare losses from any high point for BUXX and ICSH.
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Drawdown Indicators
| BUXX | ICSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.60% | -3.94% | +3.34% |
Max Drawdown (1Y)Largest decline over 1 year | -0.29% | -0.10% | -0.19% |
Max Drawdown (3Y)Largest decline over 3 years | — | -0.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -0.73% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -3.94% | — |
Current DrawdownCurrent decline from peak | -0.15% | -0.09% | -0.06% |
Average DrawdownAverage peak-to-trough decline | -0.05% | -0.08% | +0.03% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.02% | +0.05% |
Volatility
BUXX vs. ICSH - Volatility Comparison
Strive Enhanced Income Short Maturity ETF (BUXX) has a higher volatility of 0.42% compared to iShares Ultra Short Duration Bond Active ETF (ICSH) at 0.15%. This indicates that BUXX's price experiences larger fluctuations and is considered to be riskier than ICSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BUXX | ICSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.42% | 0.15% | +0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 0.79% | 0.32% | +0.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.24% | 0.41% | +0.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.46% | 0.49% | +0.97% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.46% | 1.06% | +0.40% |
BUXX vs. ICSH - Expense Ratio Comparison
BUXX has a 0.26% expense ratio, which is higher than ICSH's 0.08% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BUXX vs. ICSH - Dividend Comparison
BUXX's dividend yield for the trailing twelve months is around 4.72%, more than ICSH's 4.34% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BUXX Strive Enhanced Income Short Maturity ETF | 4.72% | 4.95% | 5.55% | 1.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
ICSH iShares Ultra Short Duration Bond Active ETF | 4.34% | 4.55% | 5.24% | 4.78% | 1.66% | 0.42% | 1.21% | 2.61% | 2.20% | 1.36% | 0.88% | 0.54% |
Frequently Asked Questions
BUXX and ICSH have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BUXX has higher volatility (0.42%) compared to ICSH (0.15%). In terms of maximum drawdown, BUXX dropped -0.60% vs ICSH's -3.94%.
On 1-year performance, BUXX leads with 4.30% vs 4.20% for ICSH. On fees, ICSH is cheaper at 0.08% per year. On volatility, ICSH has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BUXX has performed better with a 4.30% return vs 4.20%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
ICSH is cheaper with a 0.08% expense ratio, compared with 0.26% for BUXX.
BUXX has the higher dividend yield at 4.72%, compared with 4.34% for ICSH.
They also come from different issuers: Strive and iShares. Their fees differ too: 0.26% for BUXX and 0.08% for ICSH.
ICSH currently has the higher Sharpe Ratio (10.20 vs 3.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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