KCSH vs. BILT

Last updated Jun 26, 2026

KCSH (KraneShares Sustainable Ultra Short Duration Index ETF) and BILT (iShares Infrastructure Active ETF) are both exchange-traded funds - KCSH is a Ultrashort Bond fund tracking the Solactive ISS Sustainable Select 0-1 Year USD Corporate IG Index, while BILT is a Utilities Equities fund actively managed by iShares. KCSH is passively managed, while BILT is actively managed. At a 0.02 correlation, their price movements are largely independent. KCSH charges 0.20%/yr vs 0.60%/yr for BILT.

Performance

KCSH vs. BILT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) and iShares Infrastructure Active ETF (BILT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KCSH achieves a 1.69% return, which is significantly lower than BILT's 14.83% return.

KCSH

• 1D: 0.00%
• 1M: 0.30%
• YTD: 1.69%
• 6M: 1.76%
• 1Y: 3.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BILT

• 1D: 0.76%
• 1M: 0.28%
• YTD: 14.83%
• 6M: 14.85%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

KCSH vs. BILT - Yearly Performance Comparison

	2026 (YTD)	2025
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	1.69%	1.86%
BILT iShares Infrastructure Active ETF	14.83%	4.16%

Correlation

The correlation between KCSH and BILT is 0.02, 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 (All Time) Calculated using the full available price history since Jul 31, 2025	0.02

Return for Risk

KCSH vs. BILT — Risk / Return Rank

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

KCSH

KCSH Risk / Return Rank: 96
KCSH Sharpe Ratio Rank: 94
KCSH Sortino Ratio Rank: 95
KCSH Omega Ratio Rank: 98
KCSH Calmar Ratio Rank: 95
KCSH Martin Ratio Rank: 98

BILT

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

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.

KCSH vs. BILT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) and iShares Infrastructure Active ETF (BILT). 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.

	KCSH	BILT	Difference
Sharpe ratio: Return per unit of total volatility	3.18	—	—
Sortino ratio: Return per unit of downside risk	4.50	—	—
Omega ratio: Gain probability vs. loss probability	2.08	—	—
Calmar ratio: Return relative to maximum drawdown	6.82	—	—
Martin ratio: Return relative to average drawdown	57.29	—	—

Drawdowns

KCSH vs. BILT - Drawdown Comparison

The maximum KCSH drawdown since its inception was -0.58%, smaller than the maximum BILT drawdown of -5.38%. Use the drawdown chart below to compare losses from any high point for KCSH and BILT.

Drawdown Indicators

	KCSH	BILT	Difference
Max Drawdown Largest peak-to-trough decline	-0.58%	-5.38%	+4.80%
Max Drawdown (1Y) Largest decline over 1 year	-0.58%	—	—
Current Drawdown Current decline from peak	-0.00%	-0.24%	+0.24%
Average Drawdown Average peak-to-trough decline	-0.03%	-1.44%	+1.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.07%	—	—

Volatility

Volatility by Period

	KCSH	BILT	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.20%	—	—
Volatility (6M) Calculated over the trailing 6-month period	0.45%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	1.25%	10.27%	-9.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.31%	10.27%	-8.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.31%	10.27%	-8.96%

KCSH vs. BILT - Expense Ratio Comparison

KCSH has a 0.20% expense ratio, which is lower than BILT's 0.60% expense ratio.

Dividends

KCSH vs. BILT - Dividend Comparison

KCSH's dividend yield for the trailing twelve months is around 3.96%, less than BILT's 5.67% yield.

Position	TTM	2025	2024
BILT iShares Infrastructure Active ETF	5.67%	0.99%	0.00%
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	3.96%	4.35%	2.08%

Frequently Asked Questions

Can I hold both KCSH and BILT in my portfolio?

KCSH and BILT have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, KCSH or BILT?

On fees, KCSH is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, KCSH or BILT?

KCSH is cheaper with a 0.20% expense ratio, compared with 0.60% for BILT.

Which ETF pays a higher dividend yield, KCSH or BILT?

BILT has the higher dividend yield at 5.67%, compared with 3.96% for KCSH.

What is the main difference between KCSH and BILT?

KCSH is categorized as Ultrashort Bond, while BILT is Utilities Equities. They also come from different issuers: KraneShares and iShares. Their fees differ too: 0.20% for KCSH and 0.60% for BILT.