TBUX vs. CSHI
Compare and contrast key facts about T. Rowe Price Ultra Short-Term Bond ETF (TBUX) and Neos Enhanced Income Cash Alternative ETF (CSHI).
TBUX and CSHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. TBUX is an actively managed fund by T. Rowe Price. It was launched on Sep 28, 2021. CSHI is a passively managed fund by Neos that tracks the performance of the NONE. It was launched on Aug 29, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TBUX or CSHI.
Correlation
The correlation between TBUX and CSHI is 0.04, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
TBUX vs. CSHI - Performance Comparison
Key characteristics
TBUX:
4.16
CSHI:
5.78
TBUX:
7.27
CSHI:
9.67
TBUX:
1.97
CSHI:
2.97
TBUX:
22.37
CSHI:
14.04
TBUX:
78.54
CSHI:
139.25
TBUX:
0.08%
CSHI:
0.04%
TBUX:
1.50%
CSHI:
0.98%
TBUX:
-1.79%
CSHI:
-0.40%
TBUX:
0.00%
CSHI:
0.00%
Returns By Period
In the year-to-date period, TBUX achieves a 0.74% return, which is significantly higher than CSHI's 0.65% return.
TBUX
0.74%
0.30%
2.68%
6.17%
N/A
N/A
CSHI
0.65%
0.39%
2.74%
5.63%
N/A
N/A
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TBUX vs. CSHI - Expense Ratio Comparison
TBUX has a 0.17% expense ratio, which is lower than CSHI's 0.38% expense ratio.
Risk-Adjusted Performance
TBUX vs. CSHI — Risk-Adjusted Performance Rank
TBUX
CSHI
TBUX vs. CSHI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Ultra Short-Term Bond ETF (TBUX) 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.
Dividends
TBUX vs. CSHI - Dividend Comparison
TBUX's dividend yield for the trailing twelve months is around 5.32%, less than CSHI's 5.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
TBUX T. Rowe Price Ultra Short-Term Bond ETF | 5.32% | 5.39% | 4.67% | 2.58% | 0.27% |
CSHI Neos Enhanced Income Cash Alternative ETF | 5.66% | 5.72% | 6.15% | 1.52% | 0.00% |
Drawdowns
TBUX vs. CSHI - Drawdown Comparison
The maximum TBUX drawdown since its inception was -1.79%, which is greater than CSHI's maximum drawdown of -0.40%. Use the drawdown chart below to compare losses from any high point for TBUX and CSHI. For additional features, visit the drawdowns tool.
Volatility
TBUX vs. CSHI - Volatility Comparison
T. Rowe Price Ultra Short-Term Bond ETF (TBUX) has a higher volatility of 0.31% compared to Neos Enhanced Income Cash Alternative ETF (CSHI) at 0.15%. This indicates that TBUX's price experiences larger fluctuations and is considered to be riskier than CSHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.