RDFI vs. CSHP
RDFI (Rareview Dynamic Fixed Income ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - RDFI is a Multisector Bonds fund actively managed by Rareview Funds, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. Over the past year, RDFI returned 8.14% vs 3.94% for CSHP. At a correlation of -0.09, they often move in opposite directions. RDFI charges 3.69%/yr vs 0.20%/yr for CSHP.
Performance
RDFI vs. CSHP - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with RDFI having a 1.86% return and CSHP slightly lower at 1.83%.
RDFI
- 1D
- 0.02%
- 1M
- 0.90%
- YTD
- 1.86%
- 6M
- 2.35%
- 1Y
- 8.14%
- 3Y*
- 10.12%
- 5Y*
- 2.68%
- 10Y*
- —
CSHP
- 1D
- -0.03%
- 1M
- 0.27%
- YTD
- 1.83%
- 6M
- 1.92%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RDFI vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RDFI Rareview Dynamic Fixed Income ETF | 1.86% | 9.83% | 2.79% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.83% | 4.10% | 2.24% |
Correlation
The correlation between RDFI and CSHP is -0.16, 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 | -0.16 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | -0.09 |
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Return for Risk
RDFI vs. CSHP — Risk / Return Rank
RDFI
CSHP
RDFI vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Rareview Dynamic Fixed Income ETF (RDFI) 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.
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.
| RDFI | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.94 | ||
| Sortino ratioReturn per unit of downside risk | -25.99 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 6.46 | -5.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.02 | 65.45 | -64.43 |
| Martin ratioReturn relative to average drawdown | 3.69 | 381.67 | -377.98 |
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Drawdowns
RDFI vs. CSHP - Drawdown Comparison
The maximum RDFI drawdown since its inception was -23.71%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for RDFI and CSHP.
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Drawdown Indicators
| RDFI | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.71% | -0.08% | -23.63% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -0.06% | -7.95% |
Max Drawdown (3Y)Largest decline over 3 years | -10.41% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -23.71% | — | — |
Current DrawdownCurrent decline from peak | -2.69% | -0.04% | -2.65% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -0.00% | -7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.21% | 0.01% | +2.20% |
Volatility
RDFI vs. CSHP - Volatility Comparison
Rareview Dynamic Fixed Income ETF (RDFI) has a higher volatility of 1.67% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.16%. This indicates that RDFI'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.
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Volatility by Period
| RDFI | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.67% | 0.16% | +1.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.32% | 0.27% | +6.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.13% | 0.36% | +6.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.16% | 0.41% | +7.75% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.94% | 0.41% | +7.53% |
RDFI vs. CSHP - Expense Ratio Comparison
RDFI has a 3.69% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
RDFI vs. CSHP - Dividend Comparison
RDFI's dividend yield for the trailing twelve months is around 8.29%, more than CSHP's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 3.91% | 5.39% | 1.96% | 0.00% | 0.00% | 0.00% | 0.00% |
RDFI Rareview Dynamic Fixed Income ETF | 8.29% | 8.17% | 8.14% | 7.38% | 4.70% | 6.78% | 1.01% |
Frequently Asked Questions
RDFI and CSHP have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
RDFI has higher volatility (1.67%) compared to CSHP (0.16%). In terms of maximum drawdown, RDFI dropped -23.71% vs CSHP's -0.08%.
On 1-year performance, RDFI leads with 8.14% vs 3.94% for CSHP. On fees, CSHP is cheaper at 0.20% per year. On volatility, CSHP has been the lower-risk option at 0.16%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, RDFI has performed better with a 8.14% return vs 3.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
CSHP is cheaper with a 0.20% expense ratio, compared with 3.69% for RDFI.
RDFI has the higher dividend yield at 8.29%, compared with 3.91% for CSHP.
RDFI is categorized as Multisector Bonds, while CSHP is Ultrashort Bond. They also come from different issuers: Rareview Funds and iShares. Their fees differ too: 3.69% for RDFI and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.09 vs 1.15), 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.
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