PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
CSHI vs. HYGV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CSHIHYGV
YTD Return4.93%8.33%
1Y Return5.70%14.01%
Sharpe Ratio5.733.05
Sortino Ratio9.684.76
Omega Ratio2.951.62
Calmar Ratio14.251.75
Martin Ratio139.7623.64
Ulcer Index0.04%0.59%
Daily Std Dev1.00%4.58%
Max Drawdown-0.40%-23.47%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.1

The correlation between CSHI and HYGV is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

CSHI vs. HYGV - Performance Comparison

In the year-to-date period, CSHI achieves a 4.93% return, which is significantly lower than HYGV's 8.33% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
2.92%
6.30%
CSHI
HYGV

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CSHI vs. HYGV - Expense Ratio Comparison

CSHI has a 0.38% expense ratio, which is higher than HYGV's 0.37% expense ratio.


CSHI
Neos Enhanced Income Cash Alternative ETF
Expense ratio chart for CSHI: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%
Expense ratio chart for HYGV: current value at 0.37% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.37%

Risk-Adjusted Performance

CSHI vs. HYGV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Cash Alternative ETF (CSHI) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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.


CSHI
Sharpe ratio
The chart of Sharpe ratio for CSHI, currently valued at 5.73, compared to the broader market-2.000.002.004.006.005.73
Sortino ratio
The chart of Sortino ratio for CSHI, currently valued at 9.68, compared to the broader market-2.000.002.004.006.008.0010.0012.009.68
Omega ratio
The chart of Omega ratio for CSHI, currently valued at 2.95, compared to the broader market1.001.502.002.503.002.95
Calmar ratio
The chart of Calmar ratio for CSHI, currently valued at 14.25, compared to the broader market0.005.0010.0015.0014.25
Martin ratio
The chart of Martin ratio for CSHI, currently valued at 139.76, compared to the broader market0.0020.0040.0060.0080.00100.00120.00139.76
HYGV
Sharpe ratio
The chart of Sharpe ratio for HYGV, currently valued at 3.06, compared to the broader market-2.000.002.004.006.003.06
Sortino ratio
The chart of Sortino ratio for HYGV, currently valued at 4.77, compared to the broader market-2.000.002.004.006.008.0010.0012.004.77
Omega ratio
The chart of Omega ratio for HYGV, currently valued at 1.62, compared to the broader market1.001.502.002.503.001.62
Calmar ratio
The chart of Calmar ratio for HYGV, currently valued at 6.00, compared to the broader market0.005.0010.0015.006.00
Martin ratio
The chart of Martin ratio for HYGV, currently valued at 23.83, compared to the broader market0.0020.0040.0060.0080.00100.00120.0023.83

CSHI vs. HYGV - Sharpe Ratio Comparison

The current CSHI Sharpe Ratio is 5.73, which is higher than the HYGV Sharpe Ratio of 3.05. The chart below compares the historical Sharpe Ratios of CSHI and HYGV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.003.004.005.006.007.008.00JuneJulyAugustSeptemberOctoberNovember
5.73
3.06
CSHI
HYGV

Dividends

CSHI vs. HYGV - Dividend Comparison

CSHI's dividend yield for the trailing twelve months is around 5.80%, less than HYGV's 8.24% yield.


TTM202320222021202020192018
CSHI
Neos Enhanced Income Cash Alternative ETF
5.80%6.15%1.52%0.00%0.00%0.00%0.00%
HYGV
FlexShares High Yield Value-Scored US Bond Index Fund
8.24%8.77%7.64%7.15%6.18%7.95%5.63%

Drawdowns

CSHI vs. HYGV - Drawdown Comparison

The maximum CSHI drawdown since its inception was -0.40%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for CSHI and HYGV. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember00
CSHI
HYGV

Volatility

CSHI vs. HYGV - Volatility Comparison

The current volatility for Neos Enhanced Income Cash Alternative ETF (CSHI) is 0.15%, while FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) has a volatility of 1.02%. This indicates that CSHI experiences smaller price fluctuations and is considered to be less risky than HYGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%0.50%1.00%1.50%JuneJulyAugustSeptemberOctoberNovember
0.15%
1.02%
CSHI
HYGV