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

Performance

CSHI vs. XYLD - Performance Comparison

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

-2.00%0.00%2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
2.93%
10.00%
CSHI
XYLD

Returns By Period

In the year-to-date period, CSHI achieves a 5.13% return, which is significantly lower than XYLD's 16.38% return.


CSHI

YTD

5.13%

1M

0.48%

6M

2.93%

1Y

5.65%

5Y (annualized)

N/A

10Y (annualized)

N/A

XYLD

YTD

16.38%

1M

2.53%

6M

10.00%

1Y

19.23%

5Y (annualized)

6.72%

10Y (annualized)

6.81%

Key characteristics


CSHIXYLD
Sharpe Ratio5.772.79
Sortino Ratio9.713.77
Omega Ratio2.991.73
Calmar Ratio14.113.31
Martin Ratio140.9824.38
Ulcer Index0.04%0.79%
Daily Std Dev0.98%6.90%
Max Drawdown-0.40%-33.46%
Current Drawdown0.00%0.00%

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CSHI vs. XYLD - Expense Ratio Comparison

CSHI has a 0.38% expense ratio, which is lower than XYLD's 0.60% expense ratio.


XYLD
Global X S&P 500 Covered Call ETF
Expense ratio chart for XYLD: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%
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%

Correlation

-0.50.00.51.00.3

The correlation between CSHI and XYLD is 0.26, 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.

Risk-Adjusted Performance

CSHI vs. XYLD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Cash Alternative ETF (CSHI) and Global X S&P 500 Covered Call ETF (XYLD). 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.


Sharpe ratio
The chart of Sharpe ratio for CSHI, currently valued at 5.77, compared to the broader market0.002.004.005.772.79
The chart of Sortino ratio for CSHI, currently valued at 9.71, compared to the broader market-2.000.002.004.006.008.0010.0012.009.713.77
The chart of Omega ratio for CSHI, currently valued at 2.99, compared to the broader market0.501.001.502.002.503.002.991.73
The chart of Calmar ratio for CSHI, currently valued at 14.11, compared to the broader market0.005.0010.0015.0020.0014.113.71
The chart of Martin ratio for CSHI, currently valued at 140.98, compared to the broader market0.0020.0040.0060.0080.00100.00140.9824.38
CSHI
XYLD

The current CSHI Sharpe Ratio is 5.77, which is higher than the XYLD Sharpe Ratio of 2.79. The chart below compares the historical Sharpe Ratios of CSHI and XYLD, 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 Ratio0.002.004.006.008.00JuneJulyAugustSeptemberOctoberNovember
5.77
2.79
CSHI
XYLD

Dividends

CSHI vs. XYLD - Dividend Comparison

CSHI's dividend yield for the trailing twelve months is around 5.77%, less than XYLD's 9.39% yield.


TTM20232022202120202019201820172016201520142013
CSHI
Neos Enhanced Income Cash Alternative ETF
5.77%6.15%1.52%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
XYLD
Global X S&P 500 Covered Call ETF
9.39%10.51%13.44%9.08%7.93%5.76%7.12%4.67%3.24%4.65%4.15%2.49%

Drawdowns

CSHI vs. XYLD - Drawdown Comparison

The maximum CSHI drawdown since its inception was -0.40%, smaller than the maximum XYLD drawdown of -33.46%. Use the drawdown chart below to compare losses from any high point for CSHI and XYLD. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
CSHI
XYLD

Volatility

CSHI vs. XYLD - Volatility Comparison

The current volatility for Neos Enhanced Income Cash Alternative ETF (CSHI) is 0.13%, while Global X S&P 500 Covered Call ETF (XYLD) has a volatility of 2.42%. This indicates that CSHI experiences smaller price fluctuations and is considered to be less risky than XYLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
0.13%
2.42%
CSHI
XYLD