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CSHI vs. SPYI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CSHI and SPYI is 0.29, 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. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neos Enhanced Income Cash Alternative ETF (CSHI) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CSHI:

2.53

SPYI:

0.71

Sortino Ratio

CSHI:

3.67

SPYI:

1.15

Omega Ratio

CSHI:

1.96

SPYI:

1.19

Calmar Ratio

CSHI:

3.09

SPYI:

0.77

Martin Ratio

CSHI:

27.36

SPYI:

3.25

Ulcer Index

CSHI:

0.19%

SPYI:

3.92%

Daily Std Dev

CSHI:

2.07%

SPYI:

17.11%

Max Drawdown

CSHI:

-1.69%

SPYI:

-16.47%

Current Drawdown

CSHI:

-0.20%

SPYI:

-2.46%

Returns By Period

In the year-to-date period, CSHI achieves a 1.57% return, which is significantly lower than SPYI's 1.66% return.


CSHI

YTD

1.57%

1M

0.70%

6M

2.19%

1Y

5.18%

5Y*

N/A

10Y*

N/A

SPYI

YTD

1.66%

1M

10.30%

6M

1.53%

1Y

12.10%

5Y*

N/A

10Y*

N/A

*Annualized

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CSHI vs. SPYI - Expense Ratio Comparison

CSHI has a 0.38% expense ratio, which is lower than SPYI's 0.68% expense ratio.


Risk-Adjusted Performance

CSHI vs. SPYI — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CSHI
The Risk-Adjusted Performance Rank of CSHI is 9797
Overall Rank
The Sharpe Ratio Rank of CSHI is 9797
Sharpe Ratio Rank
The Sortino Ratio Rank of CSHI is 9797
Sortino Ratio Rank
The Omega Ratio Rank of CSHI is 9898
Omega Ratio Rank
The Calmar Ratio Rank of CSHI is 9696
Calmar Ratio Rank
The Martin Ratio Rank of CSHI is 9898
Martin Ratio Rank

SPYI
The Risk-Adjusted Performance Rank of SPYI is 7171
Overall Rank
The Sharpe Ratio Rank of SPYI is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of SPYI is 6767
Sortino Ratio Rank
The Omega Ratio Rank of SPYI is 7676
Omega Ratio Rank
The Calmar Ratio Rank of SPYI is 7171
Calmar Ratio Rank
The Martin Ratio Rank of SPYI is 7474
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CSHI vs. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Cash Alternative ETF (CSHI) and NEOS S&P 500 High Income ETF (SPYI). 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.


The current CSHI Sharpe Ratio is 2.53, which is higher than the SPYI Sharpe Ratio of 0.71. The chart below compares the historical Sharpe Ratios of CSHI and SPYI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

CSHI vs. SPYI - Dividend Comparison

CSHI's dividend yield for the trailing twelve months is around 5.46%, less than SPYI's 12.38% yield.


TTM202420232022
CSHI
Neos Enhanced Income Cash Alternative ETF
5.46%5.72%6.15%1.52%
SPYI
NEOS S&P 500 High Income ETF
12.38%12.04%12.01%4.10%

Drawdowns

CSHI vs. SPYI - Drawdown Comparison

The maximum CSHI drawdown since its inception was -1.69%, smaller than the maximum SPYI drawdown of -16.47%. Use the drawdown chart below to compare losses from any high point for CSHI and SPYI. For additional features, visit the drawdowns tool.


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Volatility

CSHI vs. SPYI - Volatility Comparison

The current volatility for Neos Enhanced Income Cash Alternative ETF (CSHI) is 0.42%, while NEOS S&P 500 High Income ETF (SPYI) has a volatility of 4.77%. This indicates that CSHI experiences smaller price fluctuations and is considered to be less risky than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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