HDUS vs. CSHP

Last updated Jun 4, 2026

HDUS (Hartford Disciplined US Equity ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - HDUS is a Large Cap Blend Equities fund tracking the Hartford Disciplined US Equity Index, while CSHP is a Ultrashort Bond fund actively managed by iShares. HDUS is passively managed, while CSHP is actively managed. Over the past year, HDUS returned 26.49% vs 3.96% for CSHP. At a 0.05 correlation, their price movements are largely independent. HDUS charges 0.19%/yr vs 0.20%/yr for CSHP.

Performance

HDUS vs. CSHP - Performance Comparison

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

Returns By Period

In the year-to-date period, HDUS achieves a 10.84% return, which is significantly higher than CSHP's 1.63% return.

HDUS

• 1D: -0.74%
• 1M: 4.44%
• YTD: 10.84%
• 6M: 10.51%
• 1Y: 26.49%
• 3Y*: 21.13%
• 5Y*: —
• 10Y*: —

CSHP

• 1D: 0.02%
• 1M: 0.27%
• YTD: 1.63%
• 6M: 1.93%
• 1Y: 3.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

HDUS vs. CSHP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
HDUS Hartford Disciplined US Equity ETF	10.84%	17.17%	6.58%
CSHP iShares Enhanced Short-Term Bond Active ETF	1.63%	4.10%	2.24%

Correlation

The correlation between HDUS and CSHP is -0.11, 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	-0.11
Correlation (All Time) Calculated using the full available price history since Jul 19, 2024	0.05

The correlation between HDUS and CSHP shifts across timeframes, from -0.11 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.

HDUS vs. CSHP - Sectors Allocation Comparison

Sectors	HDUS	CSHP
Technology	35.1%	-
Financial Services	12.2%	0.1%
Communication Services	11.4%	-
Consumer Cyclical	10.2%	-
Industrials	7.0%	-
Healthcare	6.5%	-
Consumer Defensive	5.6%	-
Real Estate	5.0%	-
Energy	3.2%	-
Utilities	2.3%	-
Basic Materials	1.3%	-

Return for Risk

HDUS vs. CSHP — Risk / Return Rank

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

HDUS

HDUS Risk / Return Rank: 76
HDUS Sharpe Ratio Rank: 76
HDUS Sortino Ratio Rank: 76
HDUS Omega Ratio Rank: 75
HDUS Calmar Ratio Rank: 72
HDUS Martin Ratio Rank: 84

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

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.

HDUS vs. CSHP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Hartford Disciplined US Equity ETF (HDUS) 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.

	HDUS	CSHP	Difference
Sharpe ratio: Return per unit of total volatility	2.43	11.91	-9.48
Sortino ratio: Return per unit of downside risk	3.36	31.26	-27.90
Omega ratio: Gain probability vs. loss probability	1.44	7.44	-6.00
Calmar ratio: Return relative to maximum drawdown	3.56	65.71	-62.15
Martin ratio: Return relative to average drawdown	17.05	432.16	-415.11
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HDUS vs. CSHP - Sharpe Ratio Comparison

The current HDUS Sharpe Ratio is 2.43, which is lower than the CSHP Sharpe Ratio of 11.91. The chart below compares the historical Sharpe Ratios of HDUS and CSHP, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HDUS	CSHP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.43	11.91	-9.48
Sharpe Ratio (All Time) Calculated using the full available price history	1.42	10.75	-9.33

Drawdowns

HDUS vs. CSHP - Drawdown Comparison

The maximum HDUS drawdown since its inception was -17.94%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for HDUS and CSHP.

Drawdown Indicators

	HDUS	CSHP	Difference
Max Drawdown Largest peak-to-trough decline	-17.94%	-0.08%	-17.86%
Max Drawdown (1Y) Largest decline over 1 year	-7.48%	-0.06%	-7.42%
Max Drawdown (3Y) Largest decline over 3 years	-17.94%	—	—
Current Drawdown Current decline from peak	-0.83%	0.00%	-0.83%
Average Drawdown Average peak-to-trough decline	-2.03%	-0.00%	-2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.56%	0.01%	+1.55%

Volatility

HDUS vs. CSHP - Volatility Comparison

Hartford Disciplined US Equity ETF (HDUS) has a higher volatility of 2.48% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.07%. This indicates that HDUS'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.

Volatility by Period

	HDUS	CSHP	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.48%	0.07%	+2.41%
Volatility (6M) Calculated over the trailing 6-month period	8.13%	0.24%	+7.89%
Volatility (1Y) Calculated over the trailing 1-year period	10.96%	0.33%	+10.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.15%	0.40%	+13.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.15%	0.40%	+13.75%

HDUS vs. CSHP - Expense Ratio Comparison

HDUS has a 0.19% expense ratio, which is lower than CSHP's 0.20% 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%.

Dividends

HDUS vs. CSHP - Dividend Comparison

HDUS's dividend yield for the trailing twelve months is around 1.32%, less than CSHP's 3.92% yield.

Position	TTM	2025	2024	2023	2022
CSHP iShares Enhanced Short-Term Bond Active ETF	3.92%	5.39%	1.96%	0.00%	0.00%
HDUS Hartford Disciplined US Equity ETF	1.32%	1.45%	1.58%	1.36%	0.33%

Frequently Asked Questions

Can I hold both HDUS and CSHP in my portfolio?

HDUS and CSHP have a correlation of -0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HDUS or CSHP?

HDUS has higher volatility (2.48%) compared to CSHP (0.07%). In terms of maximum drawdown, HDUS dropped -17.94% vs CSHP's -0.08%.

Which ETF is better, HDUS or CSHP?

On 1-year performance, HDUS leads with 26.49% vs 3.96% for CSHP. On fees, HDUS is cheaper at 0.19% per year. On volatility, CSHP has been the lower-risk option at 0.07%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, HDUS or CSHP?

Over the 1-year period, HDUS has performed better with a 26.49% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, HDUS or CSHP?

HDUS is cheaper with a 0.19% expense ratio, compared with 0.20% for CSHP.

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

CSHP has the higher dividend yield at 3.92%, compared with 1.32% for HDUS.

What is the main difference between HDUS and CSHP?

HDUS is categorized as Large Cap Blend Equities, while CSHP is Ultrashort Bond. They also come from different issuers: Hartford and iShares. Their fees differ too: 0.19% for HDUS and 0.20% for CSHP.

Which has better risk-adjusted returns?

CSHP currently has the higher Sharpe Ratio (11.91 vs 2.43), 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.