UXRP vs. CSHP
UXRP (ProShares Ultra XRP ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - UXRP is a Leveraged Cryptocurrency fund tracking the Bloomberg XRP Index, while CSHP is a Ultrashort Bond fund actively managed by iShares. UXRP is passively managed, while CSHP is actively managed. Over the past year, UXRP returned -94.69% vs 4.04% for CSHP. Their 0.01 correlation means their historical movements had little consistent relationship. UXRP charges 1.67%/yr vs 0.20%/yr for CSHP.
Performance
UXRP vs. CSHP - Performance Comparison
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Returns By Period
In the year-to-date period, UXRP achieves a -77.99% return, which is significantly lower than CSHP's 2.38% return.
UXRP
- 1D
- -5.41%
- 1M
- -7.09%
- 6M
- -74.16%
- YTD
- -77.99%
- 1Y
- -94.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -94.38%
CSHP
- 1D
- -0.27%
- 1M
- 0.35%
- 6M
- 2.06%
- YTD
- 2.38%
- 1Y
- 4.04%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 4.31%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $14.53M | $7.29M | $2.60M | |
| $852.19K | $746.96K | $1.32M |
UXRP vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
UXRP ProShares Ultra XRP ETF | -77.99% | -77.43% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 2.38% | 1.82% |
Correlation
The correlation between UXRP and CSHP is 0.03, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025 | 0.01 |
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Return for Risk
UXRP vs. CSHP — Risk / Return Rank
UXRP
CSHP
UXRP vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra XRP ETF (UXRP) 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.
| UXRP | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -4.19 | ||
| Sortino ratioReturn per unit of downside risk | -8.29 | ||
| Omega ratioGain probability vs. loss probability | 0.79 | 2.68 | -1.89 |
| Calmar ratioReturn relative to maximum drawdown | -0.99 | 10.40 | -11.39 |
| Martin ratioReturn relative to average drawdown | -1.23 | 65.72 | -66.95 |
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Drawdowns
UXRP vs. CSHP - Drawdown Comparison
The maximum UXRP drawdown since its inception was -96.60%, which is greater than CSHP's maximum drawdown of -0.39%. Use the drawdown chart below to compare losses from any high point for UXRP and CSHP.
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Drawdown Indicators
| UXRP | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.60% | -0.39% | -96.21% |
Max Drawdown (1Y)Largest decline over 1 year | -95.74% | -0.39% | -95.35% |
Current DrawdownCurrent decline from peak | -96.51% | -0.27% | -96.24% |
Average DrawdownAverage peak-to-trough decline | -74.97% | -0.01% | -74.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 76.79% | 0.06% | +76.73% |
Volatility
UXRP vs. CSHP - Volatility Comparison
ProShares Ultra XRP ETF (UXRP) has a higher volatility of 24.70% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 1.10%. This indicates that UXRP'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
| UXRP | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 24.70% | 1.10% | +23.60% |
Volatility (6M)Calculated over the trailing 6-month period | 101.23% | 1.12% | +100.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 142.99% | 1.14% | +141.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 143.51% | 0.86% | +142.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 143.51% | 0.86% | +142.65% |
UXRP vs. CSHP - Expense Ratio Comparison
UXRP has a 1.67% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
UXRP vs. CSHP - Dividend Comparison
UXRP's dividend yield for the trailing twelve months is around 0.02%, less than CSHP's 4.00% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 3.89% | 5.39% | 1.96% |
UXRP ProShares Ultra XRP ETF | 0.02% | 0.00% | 0.00% |
Frequently Asked Questions
UXRP and CSHP 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.
UXRP has higher volatility (24.70%) compared to CSHP (1.10%). In terms of maximum drawdown, UXRP dropped -96.60% vs CSHP's -0.39%.
On 1-year performance, CSHP leads with 4.04% vs -94.69% for UXRP. On fees, CSHP is cheaper at 0.20% per year. On volatility, CSHP has been the lower-risk option at 1.10%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CSHP has performed better with a 4.04% return vs -94.69%. 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 1.67% for UXRP.
CSHP has the higher dividend yield at 3.89%, compared with 0.02% for UXRP.
UXRP is categorized as Leveraged Cryptocurrency, while CSHP is Ultrashort Bond. They also come from different issuers: ProShares and iShares. Their fees differ too: 1.67% for UXRP and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (3.53 vs -0.66), 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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