USXF vs. CSHP
USXF (iShares ESG Advanced MSCI USA ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - USXF is a Large Cap Growth Equities fund tracking the MSCI USA Choice ESG Screened Index, while CSHP is a Ultrashort Bond fund actively managed by iShares. USXF is passively managed, while CSHP is actively managed. Over the past year, USXF returned 36.70% vs 3.96% for CSHP. At a 0.00 correlation, their price movements are largely independent. USXF charges 0.10%/yr vs 0.20%/yr for CSHP.
Performance
USXF vs. CSHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, USXF achieves a 21.17% return, which is significantly higher than CSHP's 1.86% return.
USXF
- 1D
- 0.37%
- 1M
- 4.92%
- YTD
- 21.17%
- 6M
- 20.48%
- 1Y
- 36.70%
- 3Y*
- 26.99%
- 5Y*
- 15.57%
- 10Y*
- —
CSHP
- 1D
- -0.01%
- 1M
- 0.30%
- YTD
- 1.86%
- 6M
- 1.93%
- 1Y
- 3.96%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USXF vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
USXF iShares ESG Advanced MSCI USA ETF | 21.17% | 16.97% | 5.68% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.86% | 4.10% | 2.24% |
Correlation
The correlation between USXF and CSHP is -0.13, 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 | -0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | 0.00 |
The correlation between USXF and CSHP shifts across timeframes, from -0.13 (1 year) to 0.00 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
USXF vs. CSHP — Risk / Return Rank
USXF
CSHP
USXF vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares ESG Advanced MSCI USA ETF (USXF) 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.
| USXF | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -9.10 | ||
| Sortino ratioReturn per unit of downside risk | -25.52 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 6.67 | -5.30 |
| Calmar ratioReturn relative to maximum drawdown | 3.62 | 65.84 | -62.23 |
| Martin ratioReturn relative to average drawdown | 13.89 | 395.75 | -381.86 |
Loading charts...
Drawdowns
USXF vs. CSHP - Drawdown Comparison
The maximum USXF drawdown since its inception was -29.54%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for USXF and CSHP.
Loading charts...
Drawdown Indicators
| USXF | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -29.54% | -0.08% | -29.46% |
Max Drawdown (1Y)Largest decline over 1 year | -10.19% | -0.06% | -10.13% |
Max Drawdown (3Y)Largest decline over 3 years | -20.93% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -29.54% | — | — |
Current DrawdownCurrent decline from peak | -0.18% | -0.01% | -0.17% |
Average DrawdownAverage peak-to-trough decline | -6.39% | -0.00% | -6.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 0.01% | +2.64% |
Volatility
USXF vs. CSHP - Volatility Comparison
iShares ESG Advanced MSCI USA ETF (USXF) has a higher volatility of 7.80% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.15%. This indicates that USXF'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.
Loading charts...
Volatility by Period
| USXF | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.80% | 0.15% | +7.65% |
Volatility (6M)Calculated over the trailing 6-month period | 14.29% | 0.27% | +14.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.45% | 0.36% | +17.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.79% | 0.41% | +19.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.32% | 0.41% | +18.91% |
USXF vs. CSHP - Expense Ratio Comparison
USXF has a 0.10% expense ratio, which is lower than CSHP's 0.20% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
USXF vs. CSHP - Dividend Comparison
USXF's dividend yield for the trailing twelve months is around 0.79%, less 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% |
USXF iShares ESG Advanced MSCI USA ETF | 0.79% | 0.93% | 1.00% | 1.21% | 1.39% | 0.86% | 0.58% |
Frequently Asked Questions
USXF and CSHP have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
USXF has higher volatility (7.80%) compared to CSHP (0.15%). In terms of maximum drawdown, USXF dropped -29.54% vs CSHP's -0.08%.
On 1-year performance, USXF leads with 36.70% vs 3.96% for CSHP. On fees, USXF is cheaper at 0.10% per year. On volatility, CSHP has been the lower-risk option at 0.15%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USXF has performed better with a 36.70% return vs 3.96%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USXF is cheaper with a 0.10% expense ratio, compared with 0.20% for CSHP.
CSHP has the higher dividend yield at 3.91%, compared with 0.79% for USXF.
USXF is categorized as Large Cap Growth Equities, while CSHP is Ultrashort Bond. Their fees differ too: 0.10% for USXF and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.22 vs 2.12), 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.
Find the right allocation for USXF and CSHP
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer