CSHP vs. MINT

Last updated Jun 23, 2026

CSHP (iShares Enhanced Short-Term Bond Active ETF) and MINT (PIMCO Enhanced Short Maturity Active ETF) are both Ultrashort Bond funds. Both are actively managed. Over the past year, CSHP returned 3.96% vs 4.66% for MINT. At a 0.24 correlation, their price movements are largely independent. CSHP charges 0.20%/yr vs 0.36%/yr for MINT.

Performance

CSHP vs. MINT - Performance Comparison

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

Returns By Period

In the year-to-date period, CSHP achieves a 1.86% return, which is significantly lower than MINT's 2.04% return.

CSHP

• 1D: -0.01%
• 1M: 0.30%
• YTD: 1.86%
• 6M: 1.93%
• 1Y: 3.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MINT

• 1D: -0.03%
• 1M: 0.33%
• YTD: 2.04%
• 6M: 2.17%
• 1Y: 4.66%
• 3Y*: 5.35%
• 5Y*: 3.52%
• 10Y*: 2.72%

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

CSHP vs. MINT - Yearly Performance Comparison

	2026 (YTD)	2025	2024
CSHP iShares Enhanced Short-Term Bond Active ETF	1.86%	4.10%	2.24%
MINT PIMCO Enhanced Short Maturity Active ETF	2.04%	4.74%	2.50%

Correlation

The correlation between CSHP and MINT is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	0.24

Return for Risk

CSHP vs. MINT — Risk / Return Rank

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

CSHP

CSHP Risk / Return Rank: 99
CSHP Sharpe Ratio Rank: 100
CSHP Sortino Ratio Rank: 99
CSHP Omega Ratio Rank: 99
CSHP Calmar Ratio Rank: 100
CSHP Martin Ratio Rank: 100

MINT

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

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. MINT - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CSHP	MINT	Difference
Sharpe ratio: Return per unit of total volatility	11.22	16.83	-5.61
Sortino ratio: Return per unit of downside risk	28.31	60.67	-32.36
Omega ratio: Gain probability vs. loss probability	6.67	18.96	-12.29
Calmar ratio: Return relative to maximum drawdown	65.84	94.08	-28.23
Martin ratio: Return relative to average drawdown	395.75	889.37	-493.61

CSHP vs. MINT - Sharpe Ratio Comparison

The current CSHP Sharpe Ratio is 11.22, which is lower than the MINT Sharpe Ratio of 16.83. The chart below compares the historical Sharpe Ratios of CSHP and MINT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CSHP vs. MINT - Drawdown Comparison

The maximum CSHP drawdown since its inception was -0.08%, smaller than the maximum MINT drawdown of -4.62%. Use the drawdown chart below to compare losses from any high point for CSHP and MINT.

Drawdown Indicators

	CSHP	MINT	Difference
Max Drawdown Largest peak-to-trough decline	-0.08%	-4.62%	+4.54%
Max Drawdown (1Y) Largest decline over 1 year	-0.06%	-0.05%	-0.01%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.16%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.42%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-4.62%	—
Current Drawdown Current decline from peak	-0.01%	-0.03%	+0.02%
Average Drawdown Average peak-to-trough decline	-0.00%	-0.17%	+0.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.01%	0.01%	0.00%

Volatility

CSHP vs. MINT - Volatility Comparison

iShares Enhanced Short-Term Bond Active ETF (CSHP) has a higher volatility of 0.15% compared to PIMCO Enhanced Short Maturity Active ETF (MINT) at 0.11%. This indicates that CSHP's price experiences larger fluctuations and is considered to be riskier than MINT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CSHP	MINT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.15%	0.11%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	0.27%	0.21%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	0.36%	0.28%	+0.08%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.41%	0.58%	-0.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.41%	0.95%	-0.54%

CSHP vs. MINT - Expense Ratio Comparison

CSHP has a 0.20% expense ratio, which is lower than MINT's 0.36% expense ratio.

Dividends

CSHP vs. MINT - Dividend Comparison

CSHP's dividend yield for the trailing twelve months is around 3.91%, less than MINT's 4.28% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CSHP iShares Enhanced Short-Term Bond Active ETF	3.91%	5.39%	1.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
MINT PIMCO Enhanced Short Maturity Active ETF	4.28%	4.63%	5.22%	4.91%	1.90%	0.44%	1.15%	2.65%	2.32%	1.61%	1.35%	0.88%

Frequently Asked Questions

Can I hold both CSHP and MINT in my portfolio?

CSHP and MINT have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CSHP or MINT?

CSHP has higher volatility (0.15%) compared to MINT (0.11%). In terms of maximum drawdown, CSHP dropped -0.08% vs MINT's -4.62%.

Which ETF is better, CSHP or MINT?

On 1-year performance, MINT leads with 4.66% vs 3.96% for CSHP. On fees, CSHP is cheaper at 0.20% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, CSHP or MINT?

Over the 1-year period, MINT has performed better with a 4.66% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, CSHP or MINT?

CSHP is cheaper with a 0.20% expense ratio, compared with 0.36% for MINT.

Which ETF pays a higher dividend yield, CSHP or MINT?

MINT has the higher dividend yield at 4.28%, compared with 3.91% for CSHP.

What is the main difference between CSHP and MINT?

They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.20% for CSHP and 0.36% for MINT.

Which has better risk-adjusted returns?

MINT currently has the higher Sharpe Ratio (16.83 vs 11.22), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.