CSHI vs. PULT
Compare and contrast key facts about Neos Enhanced Income Cash Alternative ETF (CSHI) and Putnam ESG Ultra Short ETF (PULT).
CSHI and PULT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSHI is a passively managed fund by Neos that tracks the performance of the NONE. It was launched on Aug 29, 2022. PULT is an actively managed fund by Putnam. It was launched on Jan 19, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSHI or PULT.
Key characteristics
| CSHI | PULT | |
|---|---|---|
| YTD Return | 4.95% | 5.21% |
| 1Y Return | 5.67% | 6.48% |
| Sharpe Ratio | 5.73 | 11.65 |
| Sortino Ratio | 9.68 | 31.82 |
| Omega Ratio | 2.95 | 7.19 |
| Calmar Ratio | 14.25 | 45.81 |
| Martin Ratio | 139.76 | 371.32 |
| Ulcer Index | 0.04% | 0.02% |
| Daily Std Dev | 1.00% | 0.56% |
| Max Drawdown | -0.40% | -0.33% |
| Current Drawdown | 0.00% | -0.02% |
Correlation
The correlation between CSHI and PULT is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
CSHI vs. PULT - Performance Comparison
In the year-to-date period, CSHI achieves a 4.95% return, which is significantly lower than PULT's 5.21% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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. PULT - Expense Ratio Comparison
CSHI has a 0.38% expense ratio, which is higher than PULT's 0.25% expense ratio.
Risk-Adjusted Performance
CSHI vs. PULT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Cash Alternative ETF (CSHI) and Putnam ESG Ultra Short ETF (PULT). 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.
Dividends
CSHI vs. PULT - Dividend Comparison
CSHI's dividend yield for the trailing twelve months is around 5.80%, more than PULT's 5.43% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
CSHI Neos Enhanced Income Cash Alternative ETF | 5.80% | 6.15% | 1.52% |
PULT Putnam ESG Ultra Short ETF | 5.43% | 4.88% | 0.00% |
Drawdowns
CSHI vs. PULT - Drawdown Comparison
The maximum CSHI drawdown since its inception was -0.40%, which is greater than PULT's maximum drawdown of -0.33%. Use the drawdown chart below to compare losses from any high point for CSHI and PULT. For additional features, visit the drawdowns tool.
Volatility
CSHI vs. PULT - Volatility Comparison
The current volatility for Neos Enhanced Income Cash Alternative ETF (CSHI) is 0.13%, while Putnam ESG Ultra Short ETF (PULT) has a volatility of 0.16%. This indicates that CSHI experiences smaller price fluctuations and is considered to be less risky than PULT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.