IAUI vs. CSHI

Last updated Apr 1, 2026

Compare and contrast key facts about NEOS Gold High Income ETF (IAUI) and Neos Enhanced Income Cash Alternative ETF (CSHI).

IAUI and CSHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IAUI is an actively managed fund by Neos. It was launched on Jun 4, 2025. CSHI is a passively managed fund by Neos that tracks the performance of the NONE. It was launched on Aug 29, 2022.

Performance

IAUI vs. CSHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Gold High Income ETF (IAUI) and Neos Enhanced Income Cash Alternative ETF (CSHI). The values are adjusted to include any dividend payments, if applicable.

IAUI vs. CSHI - Yearly Performance Comparison

	2026 (YTD)	2025
IAUI NEOS Gold High Income ETF	4.93%	20.56%
CSHI Neos Enhanced Income Cash Alternative ETF	1.30%	2.88%

Returns By Period

In the year-to-date period, IAUI achieves a 4.93% return, which is significantly higher than CSHI's 1.30% return.

IAUI

• 1D: 3.78%
• 1M: -10.02%
• YTD: 4.93%
• 6M: 15.64%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSHI

• 1D: 0.18%
• 1M: 0.57%
• YTD: 1.30%
• 6M: 2.57%
• 1Y: 5.43%
• 3Y*: 5.49%
• 5Y*: —
• 10Y*: —

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

IAUI vs. CSHI - Expense Ratio Comparison

IAUI has a 0.78% expense ratio, which is higher than CSHI's 0.38% expense ratio.

IAUI

NEOS Gold High Income ETF

CSHI

Neos Enhanced Income Cash Alternative ETF

Return for Risk

IAUI vs. CSHI — Risk / Return Rank

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

CSHI

CSHI Risk / Return Rank: 97
CSHI Sharpe Ratio Rank: 97
CSHI Sortino Ratio Rank: 98
CSHI Omega Ratio Rank: 98
CSHI Calmar Ratio Rank: 92
CSHI Martin Ratio Rank: 98

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.

IAUI vs. CSHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Gold High Income ETF (IAUI) and Neos Enhanced Income Cash Alternative ETF (CSHI). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	IAUI	CSHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.71	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.62	4.10	-2.48

Correlation

The correlation between IAUI and CSHI is -0.08. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

IAUI vs. CSHI - Dividend Comparison

IAUI's dividend yield for the trailing twelve months is around 10.00%, more than CSHI's 4.98% yield.

	TTM	2025	2024	2023	2022
IAUI NEOS Gold High Income ETF	10.00%	6.88%	0.00%	0.00%	0.00%
CSHI Neos Enhanced Income Cash Alternative ETF	4.98%	5.11%	5.72%	6.15%	1.52%

Drawdowns

IAUI vs. CSHI - Drawdown Comparison

The maximum IAUI drawdown since its inception was -16.88%, which is greater than CSHI's maximum drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for IAUI and CSHI.

Drawdown Indicators

	IAUI	CSHI	Difference
Max Drawdown Largest peak-to-trough decline	-16.88%	-1.69%	-15.19%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.69%	—
Current Drawdown Current decline from peak	-11.01%	0.00%	-11.01%
Average Drawdown Average peak-to-trough decline	-1.85%	-0.03%	-1.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.19%	—

Volatility

Volatility by Period

	IAUI	CSHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.39%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.68%	—
Volatility (1Y) Calculated over the trailing 1-year period	20.78%	2.01%	+18.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.78%	1.35%	+19.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.78%	1.35%	+19.43%