KCSH vs. CUSD

Last updated Jun 5, 2026

KCSH (KraneShares Sustainable Ultra Short Duration Index ETF) and CUSD (CrossingBridge Ultra-Short Duration ETF) are both Ultrashort Bond funds. KCSH is passively managed, while CUSD is actively managed. Over the past year, KCSH returned 3.93% vs 3.36% for CUSD. At a 0.00 correlation, their price movements are largely independent. KCSH charges 0.20%/yr vs 0.81%/yr for CUSD.

Performance

KCSH vs. CUSD - Performance Comparison

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

Returns By Period

The year-to-date returns for both investments are quite close, with KCSH having a 1.38% return and CUSD slightly higher at 1.42%.

KCSH

• 1D: -0.10%
• 1M: 0.20%
• YTD: 1.38%
• 6M: 1.70%
• 1Y: 3.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —

CUSD

• 1D: 0.00%
• 1M: -1.05%
• YTD: 1.42%
• 6M: 1.62%
• 1Y: 3.36%
• 3Y*: 4.69%
• 5Y*: —
• 10Y*: —

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

KCSH vs. CUSD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	1.38%	4.49%	1.94%
CUSD CrossingBridge Ultra-Short Duration ETF	1.42%	5.02%	1.81%

Correlation

The correlation between KCSH and CUSD is 0.03, 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 (1Y) Calculated over the trailing 1-year period	0.03
Correlation (All Time) Calculated using the full available price history since Jul 29, 2024	0.00

Return for Risk

KCSH vs. CUSD — Risk / Return Rank

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

KCSH

KCSH Risk / Return Rank: 95
KCSH Sharpe Ratio Rank: 92
KCSH Sortino Ratio Rank: 93
KCSH Omega Ratio Rank: 98
KCSH Calmar Ratio Rank: 93
KCSH Martin Ratio Rank: 98

CUSD

CUSD Risk / Return Rank: 15
CUSD Sharpe Ratio Rank: 13
CUSD Sortino Ratio Rank: 13
CUSD Omega Ratio Rank: 14
CUSD Calmar Ratio Rank: 17
CUSD Martin Ratio Rank: 17

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. CUSD - Risk-Adjusted Trends Comparison

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

	KCSH	CUSD	Difference
Sharpe ratio: Return per unit of total volatility	3.18	0.25	+2.94
Sortino ratio: Return per unit of downside risk	4.48	0.48	+4.01
Omega ratio: Gain probability vs. loss probability	2.09	1.07	+1.02
Calmar ratio: Return relative to maximum drawdown	6.78	0.62	+6.16
Martin ratio: Return relative to average drawdown	57.03	1.63	+55.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

KCSH vs. CUSD - Sharpe Ratio Comparison

The current KCSH Sharpe Ratio is 3.18, which is higher than the CUSD Sharpe Ratio of 0.25. The chart below compares the historical Sharpe Ratios of KCSH and CUSD, 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

	KCSH	CUSD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.18	0.25	+2.94
Sharpe Ratio (All Time) Calculated using the full available price history	3.21	0.65	+2.56

Drawdowns

KCSH vs. CUSD - Drawdown Comparison

The maximum KCSH drawdown since its inception was -0.58%, smaller than the maximum CUSD drawdown of -5.42%. Use the drawdown chart below to compare losses from any high point for KCSH and CUSD.

Drawdown Indicators

	KCSH	CUSD	Difference
Max Drawdown Largest peak-to-trough decline	-0.58%	-5.42%	+4.84%
Max Drawdown (1Y) Largest decline over 1 year	-0.58%	-5.42%	+4.84%
Max Drawdown (3Y) Largest decline over 3 years	—	-5.42%	—
Current Drawdown Current decline from peak	-0.10%	-2.75%	+2.65%
Average Drawdown Average peak-to-trough decline	-0.03%	-0.46%	+0.43%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.07%	2.06%	-1.99%

Volatility

KCSH vs. CUSD - Volatility Comparison

The current volatility for KraneShares Sustainable Ultra Short Duration Index ETF (KCSH) is 0.13%, while CrossingBridge Ultra-Short Duration ETF (CUSD) has a volatility of 4.32%. This indicates that KCSH experiences smaller price fluctuations and is considered to be less risky than CUSD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KCSH	CUSD	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.13%	4.32%	-4.19%
Volatility (6M) Calculated over the trailing 6-month period	0.83%	10.95%	-10.12%
Volatility (1Y) Calculated over the trailing 1-year period	1.24%	13.67%	-12.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.33%	7.02%	-5.69%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.33%	7.02%	-5.69%

KCSH vs. CUSD - Expense Ratio Comparison

KCSH has a 0.20% expense ratio, which is lower than CUSD's 0.81% expense ratio.

Dividends

KCSH vs. CUSD - Dividend Comparison

KCSH's dividend yield for the trailing twelve months is around 3.97%, less than CUSD's 13.85% yield.

Position	TTM	2025	2024	2023	2022
CUSD CrossingBridge Ultra-Short Duration ETF	13.85%	14.05%	7.10%	3.62%	1.14%
KCSH KraneShares Sustainable Ultra Short Duration Index ETF	3.97%	4.35%	2.08%	0.00%	0.00%

Frequently Asked Questions

Can I hold both KCSH and CUSD in my portfolio?

KCSH and CUSD have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KCSH or CUSD?

CUSD has higher volatility (4.32%) compared to KCSH (0.13%). In terms of maximum drawdown, KCSH dropped -0.58% vs CUSD's -5.42%.

Which ETF is better, KCSH or CUSD?

On 1-year performance, KCSH leads with 3.93% vs 3.36% for CUSD. On fees, KCSH is cheaper at 0.20% per year. On volatility, KCSH has been the lower-risk option at 0.13%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KCSH or CUSD?

Over the 1-year period, KCSH has performed better with a 3.93% return vs 3.36%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KCSH or CUSD?

KCSH is cheaper with a 0.20% expense ratio, compared with 0.81% for CUSD.

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

CUSD has the higher dividend yield at 13.85%, compared with 3.97% for KCSH.

What is the main difference between KCSH and CUSD?

They also come from different issuers: KraneShares and CrossingBridge. Their fees differ too: 0.20% for KCSH and 0.81% for CUSD.

Which has better risk-adjusted returns?

KCSH currently has the higher Sharpe Ratio (3.18 vs 0.25), 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.