ICSH vs. USD=X
ICSH (iShares Ultra Short Duration Bond Active ETF) is Ultrashort Bond fund actively managed by iShares, while USD=X (USD Cash) is a currency. Over the past 10 years, ICSH returned 2.77%/yr vs 0.00%/yr for USD=X.
Performance
ICSH vs. USD=X - Performance Comparison
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Returns By Period
ICSH
- 1D
- 0.02%
- 1M
- 0.18%
- YTD
- 1.43%
- 6M
- 1.75%
- 1Y
- 4.30%
- 3Y*
- 5.15%
- 5Y*
- 3.67%
- 10Y*
- 2.77%
USD=X
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 0.00%
- 3Y*
- 0.00%
- 5Y*
- 0.00%
- 10Y*
- 0.00%
ICSH vs. USD=X - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ICSH iShares Ultra Short Duration Bond Active ETF | 1.43% | 4.96% | 5.52% | 5.58% | 0.97% | 0.16% | 1.61% | 3.17% | 2.25% | 1.63% |
USD=X USD Cash | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
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Return for Risk
ICSH vs. USD=X — Risk / Return Rank
ICSH
USD=X
ICSH vs. USD=X - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Ultra Short Duration Bond Active ETF (ICSH) and USD Cash (USD=X). 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.
| ICSH | USD=X | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 6.56 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 43.67 | — | — |
| Martin ratioReturn relative to average drawdown | 288.81 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| ICSH | USD=X | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 11.01 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 7.62 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 2.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.93 | — | — |
Drawdowns
ICSH vs. USD=X - Drawdown Comparison
The maximum ICSH drawdown since its inception was -3.94%, which is greater than USD=X's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for ICSH and USD=X.
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Drawdown Indicators
| ICSH | USD=X | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.94% | 0.00% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -0.10% | 0.00% | -0.10% |
Max Drawdown (3Y)Largest decline over 3 years | -0.10% | 0.00% | -0.10% |
Max Drawdown (5Y)Largest decline over 5 years | -0.73% | 0.00% | -0.73% |
Max Drawdown (10Y)Largest decline over 10 years | -3.94% | 0.00% | -3.94% |
Current DrawdownCurrent decline from peak | -0.02% | 0.00% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -0.08% | 0.00% | -0.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.01% | 0.00% | +0.01% |
Volatility
ICSH vs. USD=X - Volatility Comparison
iShares Ultra Short Duration Bond Active ETF (ICSH) has a higher volatility of 0.15% compared to USD Cash (USD=X) at 0.00%. This indicates that ICSH's price experiences larger fluctuations and is considered to be riskier than USD=X based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ICSH | USD=X | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.15% | 0.00% | +0.15% |
Volatility (6M)Calculated over the trailing 6-month period | 0.30% | 0.00% | +0.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 0.39% | 0.00% | +0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.48% | 0.00% | +0.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.06% | 0.00% | +1.06% |
Frequently Asked Questions
ICSH has higher volatility (0.15%) compared to USD=X (0.00%). In terms of maximum drawdown, ICSH dropped -3.94% vs USD=X's 0.00%.
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