CSHP vs. BUXX

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Enhanced Short-Term Bond Active ETF (CSHP) and Strive Enhanced Income Short Maturity ETF (BUXX).

CSHP and BUXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. CSHP is an actively managed fund by iShares. It was launched on Jul 17, 2024. BUXX is an actively managed fund by Strive. It was launched on Aug 9, 2023.

Performance

CSHP vs. BUXX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Enhanced Short-Term Bond Active ETF (CSHP) and Strive Enhanced Income Short Maturity ETF (BUXX). The values are adjusted to include any dividend payments, if applicable.

CSHP vs. BUXX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CSHP iShares Enhanced Short-Term Bond Active ETF	0.98%	4.10%	2.24%
BUXX Strive Enhanced Income Short Maturity ETF	0.99%	4.84%	2.74%

Returns By Period

The year-to-date returns for both investments are quite close, with CSHP having a 0.98% return and BUXX slightly higher at 0.99%.

CSHP

• 1D: -0.00%
• 1M: 0.39%
• YTD: 0.98%
• 6M: 1.98%
• 1Y: 4.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BUXX

• 1D: 0.05%
• 1M: 0.25%
• YTD: 0.99%
• 6M: 2.12%
• 1Y: 4.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

CSHP vs. BUXX - Expense Ratio Comparison

CSHP has a 0.20% expense ratio, which is lower than BUXX's 0.26% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

BUXX

Strive Enhanced Income Short Maturity ETF

CSHP

iShares Enhanced Short-Term Bond Active ETF

Return for Risk

CSHP vs. BUXX — Risk / Return Rank

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

CSHP

CSHP Risk / Return Rank: 100
CSHP Sharpe Ratio Rank: 100
CSHP Sortino Ratio Rank: 100
CSHP Omega Ratio Rank: 100
CSHP Calmar Ratio Rank: 100
CSHP Martin Ratio Rank: 100

BUXX

BUXX Risk / Return Rank: 98
BUXX Sharpe Ratio Rank: 98
BUXX Sortino Ratio Rank: 98
BUXX Omega Ratio Rank: 98
BUXX Calmar Ratio Rank: 98
BUXX Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CSHP vs. BUXX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Enhanced Short-Term Bond Active ETF (CSHP) and Strive Enhanced Income Short Maturity ETF (BUXX). 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.

	CSHP	BUXX	Difference
Sharpe ratio Return per unit of total volatility	10.92	3.12	+7.79
Sortino ratio Return per unit of downside risk	27.40	5.20	+22.19
Omega ratio Gain probability vs. loss probability	6.43	1.74	+4.69
Calmar ratio Return relative to maximum drawdown	58.55	7.58	+50.97
Martin ratio Return relative to average drawdown	348.21	43.70	+304.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CSHP vs. BUXX - Sharpe Ratio Comparison

The current CSHP Sharpe Ratio is 10.92, which is higher than the BUXX Sharpe Ratio of 3.12. The chart below compares the historical Sharpe Ratios of CSHP and BUXX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CSHP	BUXX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	10.92	3.12	+7.79
Sharpe Ratio (All Time) Calculated using the full available price history	10.59	3.86	+6.74

Correlation

The correlation between CSHP and BUXX is -0.00. 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.

Dividends

CSHP vs. BUXX - Dividend Comparison

CSHP's dividend yield for the trailing twelve months is around 5.19%, more than BUXX's 4.81% yield.

	TTM	2025	2024	2023
CSHP iShares Enhanced Short-Term Bond Active ETF	5.19%	5.39%	1.96%	0.00%
BUXX Strive Enhanced Income Short Maturity ETF	4.81%	4.95%	5.55%	1.92%

Drawdowns

CSHP vs. BUXX - Drawdown Comparison

The maximum CSHP drawdown since its inception was -0.08%, smaller than the maximum BUXX drawdown of -0.60%. Use the drawdown chart below to compare losses from any high point for CSHP and BUXX.

Drawdown Indicators

	CSHP	BUXX	Difference
Max Drawdown Largest peak-to-trough decline	-0.08%	-0.60%	+0.52%
Max Drawdown (1Y) Largest decline over 1 year	-0.07%	-0.59%	+0.52%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.05%	+0.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	0.10%	-0.09%

Volatility

CSHP vs. BUXX - Volatility Comparison

The current volatility for iShares Enhanced Short-Term Bond Active ETF (CSHP) is 0.15%, while Strive Enhanced Income Short Maturity ETF (BUXX) has a volatility of 0.39%. This indicates that CSHP experiences smaller price fluctuations and is considered to be less risky than BUXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSHP	BUXX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	0.39%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	0.26%	0.79%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	0.38%	1.48%	-1.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.41%	1.48%	-1.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.41%	1.48%	-1.07%