FTDS vs. CSHP
FTDS (First Trust Dividend Strength ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - FTDS is a Mid Cap Blend Equities fund tracking the Dividend Strength Index, while CSHP is a Ultrashort Bond fund actively managed by iShares. FTDS is passively managed, while CSHP is actively managed. Over the past year, FTDS returned 18.68% vs 3.94% for CSHP. At a 0.03 correlation, their price movements are largely independent. FTDS charges 0.70%/yr vs 0.20%/yr for CSHP.
Performance
FTDS vs. CSHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FTDS achieves a 7.13% return, which is significantly higher than CSHP's 1.83% return.
FTDS
- 1D
- 0.89%
- 1M
- -0.24%
- YTD
- 7.13%
- 6M
- 6.12%
- 1Y
- 18.68%
- 3Y*
- 16.11%
- 5Y*
- 6.66%
- 10Y*
- 11.06%
CSHP
- 1D
- -0.03%
- 1M
- 0.27%
- YTD
- 1.83%
- 6M
- 1.92%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
FTDS vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FTDS First Trust Dividend Strength ETF | 7.13% | 13.64% | 0.11% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.83% | 4.10% | 2.24% |
Correlation
The correlation between FTDS and CSHP is -0.09, 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 | -0.09 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | 0.03 |
The correlation between FTDS and CSHP shifts across timeframes, from -0.09 (1 year) to 0.03 (all time), reflecting how their relationship changes across market environments.
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
FTDS vs. CSHP — Risk / Return Rank
FTDS
CSHP
FTDS vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Dividend Strength ETF (FTDS) 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.
| FTDS | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.65 | ||
| Sortino ratioReturn per unit of downside risk | -25.43 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 6.46 | -5.20 |
| Calmar ratioReturn relative to maximum drawdown | 2.85 | 65.45 | -62.59 |
| Martin ratioReturn relative to average drawdown | 7.28 | 381.67 | -374.39 |
Loading charts...
Drawdowns
FTDS vs. CSHP - Drawdown Comparison
The maximum FTDS drawdown since its inception was -56.53%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for FTDS and CSHP.
Loading charts...
Drawdown Indicators
| FTDS | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.53% | -0.08% | -56.45% |
Max Drawdown (1Y)Largest decline over 1 year | -6.57% | -0.06% | -6.51% |
Max Drawdown (3Y)Largest decline over 3 years | -18.04% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.35% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -42.47% | — | — |
Current DrawdownCurrent decline from peak | -3.94% | -0.04% | -3.90% |
Average DrawdownAverage peak-to-trough decline | -9.85% | -0.00% | -9.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.57% | 0.01% | +2.56% |
Volatility
FTDS vs. CSHP - Volatility Comparison
First Trust Dividend Strength ETF (FTDS) has a higher volatility of 3.16% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.16%. This indicates that FTDS'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
| FTDS | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.16% | 0.16% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 8.69% | 0.27% | +8.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.03% | 0.36% | +12.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.63% | 0.41% | +17.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.13% | 0.41% | +19.72% |
FTDS vs. CSHP - Expense Ratio Comparison
FTDS has a 0.70% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
FTDS vs. CSHP - Dividend Comparison
FTDS's dividend yield for the trailing twelve months is around 1.65%, less than CSHP's 3.91% 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% |
FTDS First Trust Dividend Strength ETF | 1.65% | 1.59% | 2.05% | 2.15% | 2.31% | 0.72% | 0.99% | 1.13% | 1.14% | 0.79% | 1.24% | 0.95% |
Frequently Asked Questions
FTDS and CSHP have a correlation of -0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FTDS has higher volatility (3.16%) compared to CSHP (0.16%). In terms of maximum drawdown, FTDS dropped -56.53% vs CSHP's -0.08%.
On 1-year performance, FTDS leads with 18.68% vs 3.94% for CSHP. 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, FTDS has performed better with a 18.68% return vs 3.94%. 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 0.70% for FTDS.
CSHP has the higher dividend yield at 3.91%, compared with 1.65% for FTDS.
FTDS is categorized as Mid Cap Blend Equities, while CSHP is Ultrashort Bond. They also come from different issuers: First Trust and iShares. Their fees differ too: 0.70% for FTDS and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.09 vs 1.44), 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 FTDS 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