GENZ vs. CSHP
GENZ (VanEck Digital Native Economy ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - GENZ is a Technology Equities fund tracking the MarketVector Digital Native Economy Index, while CSHP is a Ultrashort Bond fund actively managed by iShares. GENZ is passively managed, while CSHP is actively managed. Over the past year, GENZ returned -11.43% vs 3.72% for CSHP. At a correlation of -0.01, they often move in opposite directions. GENZ charges 0.50%/yr vs 0.20%/yr for CSHP.
Performance
GENZ vs. CSHP - Performance Comparison
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Returns By Period
In the year-to-date period, GENZ achieves a -5.74% return, which is significantly lower than CSHP's 1.87% return.
GENZ
- 1D
- 0.17%
- 1M
- 9.12%
- 6M
- -3.80%
- YTD
- -5.74%
- 1Y
- -11.43%
- 3Y*
- -3.98%
- 5Y*
- -3.53%
- 10Y*
- 3.88%
CSHP
- 1D
- -0.21%
- 1M
- 0.17%
- 6M
- 1.77%
- YTD
- 1.87%
- 1Y
- 3.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GENZ vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
GENZ VanEck Digital Native Economy ETF | -5.74% | 4.15% | 0.27% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.87% | 4.10% | 2.24% |
Correlation
The correlation between GENZ and CSHP is -0.15, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.15 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | -0.01 |
The correlation between GENZ and CSHP shifts across timeframes, from -0.15 (1 year) to -0.01 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
GENZ vs. CSHP — Risk / Return Rank
GENZ
CSHP
GENZ vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VanEck Digital Native Economy ETF (GENZ) 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.
| GENZ | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -7.59 | ||
| Sortino ratioReturn per unit of downside risk | -11.76 | ||
| Omega ratioGain probability vs. loss probability | 0.91 | 4.03 | -3.12 |
| Calmar ratioReturn relative to maximum drawdown | -0.43 | 16.12 | -16.56 |
| Martin ratioReturn relative to average drawdown | -0.74 | 162.20 | -162.94 |
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Drawdowns
GENZ vs. CSHP - Drawdown Comparison
The maximum GENZ drawdown since its inception was -71.12%, which is greater than CSHP's maximum drawdown of -0.23%. Use the drawdown chart below to compare losses from any high point for GENZ and CSHP.
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Drawdown Indicators
| GENZ | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.12% | -0.23% | -70.89% |
Max Drawdown (1Y)Largest decline over 1 year | -26.40% | -0.23% | -26.17% |
Max Drawdown (3Y)Largest decline over 3 years | -26.40% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -39.93% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.43% | — | — |
Current DrawdownCurrent decline from peak | -25.99% | -0.23% | -25.76% |
Average DrawdownAverage peak-to-trough decline | -24.56% | -0.01% | -24.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.58% | 0.02% | +15.56% |
Volatility
GENZ vs. CSHP - Volatility Comparison
VanEck Digital Native Economy ETF (GENZ) has a higher volatility of 6.33% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.43%. This indicates that GENZ'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.
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Volatility by Period
| GENZ | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.33% | 0.43% | +5.90% |
Volatility (6M)Calculated over the trailing 6-month period | 16.66% | 0.48% | +16.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.37% | 0.53% | +18.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.60% | 0.50% | +24.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.06% | 0.50% | +24.56% |
GENZ vs. CSHP - Expense Ratio Comparison
GENZ has a 0.50% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
GENZ vs. CSHP - Dividend Comparison
GENZ's dividend yield for the trailing twelve months is around 3.54%, less than CSHP's 4.02% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 4.02% | 5.39% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GENZ VanEck Digital Native Economy ETF | 3.54% | 3.34% | 2.88% | 1.68% | 0.44% | 0.79% | 0.47% | 2.95% | 3.43% | 2.31% | 3.15% | 4.09% |
Frequently Asked Questions
GENZ and CSHP have a correlation of -0.15, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
GENZ has higher volatility (6.33%) compared to CSHP (0.43%). In terms of maximum drawdown, GENZ dropped -71.12% vs CSHP's -0.23%.
On 1-year performance, CSHP leads with 3.72% vs -11.43% for GENZ. On fees, CSHP is cheaper at 0.20% per year. On volatility, CSHP has been the lower-risk option at 0.43%. 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 3.72% return vs -11.43%. 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 0.50% for GENZ.
CSHP has the higher dividend yield at 4.02%, compared with 3.54% for GENZ.
GENZ is categorized as Technology Equities, while CSHP is Ultrashort Bond. They also come from different issuers: VanEck and iShares. Their fees differ too: 0.50% for GENZ and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (7.00 vs -0.59), 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.
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