EETH vs. CSHP
EETH (ProShares Ether Strategy ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - EETH is a Cryptocurrency fund actively managed by ProShares, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. Over the past year, EETH returned -31.81% vs 3.94% for CSHP. At a 0.02 correlation, their price movements are largely independent. EETH charges 0.95%/yr vs 0.20%/yr for CSHP.
Performance
EETH vs. CSHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EETH achieves a -45.17% return, which is significantly lower than CSHP's 1.83% return.
EETH
- 1D
- -4.16%
- 1M
- -19.80%
- YTD
- -45.17%
- 6M
- -45.15%
- 1Y
- -31.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSHP
- 1D
- -0.03%
- 1M
- 0.27%
- YTD
- 1.83%
- 6M
- 1.92%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
EETH vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
EETH ProShares Ether Strategy ETF | -45.17% | -17.19% | -5.77% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.83% | 4.10% | 2.24% |
Correlation
The correlation between EETH and CSHP is -0.07, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.07 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | 0.02 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EETH vs. CSHP — Risk / Return Rank
EETH
CSHP
EETH vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ether Strategy ETF (EETH) and iShares Enhanced Short-Term Bond Active ETF (CSHP). 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.
| EETH | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.55 | ||
| Sortino ratioReturn per unit of downside risk | -27.90 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 6.46 | -5.49 |
| Calmar ratioReturn relative to maximum drawdown | -0.46 | 65.45 | -65.91 |
| Martin ratioReturn relative to average drawdown | -0.77 | 381.67 | -382.44 |
Loading charts...
Drawdowns
EETH vs. CSHP - Drawdown Comparison
The maximum EETH drawdown since its inception was -68.70%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for EETH and CSHP.
Loading charts...
Drawdown Indicators
| EETH | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -68.70% | -0.08% | -68.62% |
Max Drawdown (1Y)Largest decline over 1 year | -68.70% | -0.06% | -68.64% |
Current DrawdownCurrent decline from peak | -67.08% | -0.04% | -67.04% |
Average DrawdownAverage peak-to-trough decline | -30.17% | -0.00% | -30.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 41.47% | 0.01% | +41.46% |
Volatility
EETH vs. CSHP - Volatility Comparison
ProShares Ether Strategy ETF (EETH) has a higher volatility of 19.49% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.16%. This indicates that EETH's price experiences larger fluctuations and is considered to be riskier than CSHP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| EETH | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 19.49% | 0.16% | +19.33% |
Volatility (6M)Calculated over the trailing 6-month period | 46.97% | 0.27% | +46.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 69.41% | 0.36% | +69.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 69.09% | 0.41% | +68.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 69.09% | 0.41% | +68.68% |
EETH vs. CSHP - Expense Ratio Comparison
EETH has a 0.95% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
EETH vs. CSHP - Dividend Comparison
EETH's dividend yield for the trailing twelve months is around 96.89%, more than CSHP's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 3.91% | 5.39% | 1.96% | 0.00% |
EETH ProShares Ether Strategy ETF | 96.89% | 56.98% | 10.82% | 0.52% |
Frequently Asked Questions
EETH and CSHP have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EETH has higher volatility (19.49%) compared to CSHP (0.16%). In terms of maximum drawdown, EETH dropped -68.70% vs CSHP's -0.08%.
On 1-year performance, CSHP leads with 3.94% vs -31.81% for EETH. On fees, CSHP is cheaper at 0.20% per year. On volatility, CSHP has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CSHP has performed better with a 3.94% return vs -31.81%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CSHP is cheaper with a 0.20% expense ratio, compared with 0.95% for EETH.
EETH has the higher dividend yield at 96.89%, compared with 3.91% for CSHP.
EETH is categorized as Cryptocurrency, while CSHP is Ultrashort Bond. They also come from different issuers: ProShares and iShares. Their fees differ too: 0.95% for EETH and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.09 vs -0.46), 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.
Find the right allocation for EETH and CSHP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer