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

CSHI vs. VMFXX

Last updated May 18, 2025

Compare and contrast key facts about Neos Enhanced Income Cash Alternative ETF (CSHI) and Vanguard Federal Money Market Fund (VMFXX).

CSHI is a passively managed fund by Neos that tracks the performance of the NONE. It was launched on Aug 29, 2022. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CSHI or VMFXX.

Correlation

The correlation between CSHI and VMFXX is 0.01, 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. VMFXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Neos Enhanced Income Cash Alternative ETF (CSHI) and Vanguard Federal Money Market Fund (VMFXX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

CSHI:

2.53

VMFXX:

3.28

Ulcer Index

CSHI:

0.19%

VMFXX:

0.00%

Daily Std Dev

CSHI:

2.07%

VMFXX:

1.27%

Max Drawdown

CSHI:

-1.69%

VMFXX:

0.00%

Current Drawdown

CSHI:

-0.20%

VMFXX:

0.00%

Returns By Period

In the year-to-date period, CSHI achieves a 1.57% return, which is significantly higher than VMFXX's 0.69% return.

CSHI

YTD

1.57%

1M

0.70%

6M

2.19%

1Y

5.18%

5Y*

N/A

10Y*

N/A

VMFXX

YTD

0.69%

1M

0.00%

6M

1.46%

1Y

4.14%

5Y*

2.51%

10Y*

1.72%

*Annualized

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CSHI vs. VMFXX - Expense Ratio Comparison

CSHI has a 0.38% expense ratio, which is higher than VMFXX's 0.00% expense ratio.

CSHI
Neos Enhanced Income Cash Alternative ETF
VMFXX
Vanguard Federal Money Market Fund

Risk-Adjusted Performance

CSHI vs. VMFXX — 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
VMFXX
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. VMFXX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Cash Alternative ETF (CSHI) and Vanguard Federal Money Market Fund (VMFXX). 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 comparable to the VMFXX Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of CSHI and VMFXX, 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. VMFXX - Dividend Comparison

CSHI's dividend yield for the trailing twelve months is around 5.46%, more than VMFXX's 4.76% yield.

TTM20242023202220212020201920182017
CSHI
Neos Enhanced Income Cash Alternative ETF		5.46%5.72%6.15%1.52%0.00%0.00%0.00%0.00%0.00%
VMFXX
Vanguard Federal Money Market Fund		4.76%5.11%4.97%1.54%0.01%0.45%2.12%1.61%0.50%

Drawdowns

CSHI vs. VMFXX - Drawdown Comparison

The maximum CSHI drawdown since its inception was -1.69%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CSHI and VMFXX. For additional features, visit the drawdowns tool.

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Volatility

CSHI vs. VMFXX - Volatility Comparison

Neos Enhanced Income Cash Alternative ETF (CSHI) has a higher volatility of 0.42% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.00%. This indicates that CSHI's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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