UYLD vs. CSHI

Last updated Apr 1, 2026

Compare and contrast key facts about Angel Oak Ultrashort Income ETF (UYLD) and Neos Enhanced Income Cash Alternative ETF (CSHI).

UYLD and CSHI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. UYLD is an actively managed fund by Angel Oak. It was launched on Oct 24, 2022. CSHI is a passively managed fund by Neos that tracks the performance of the NONE. It was launched on Aug 29, 2022.

Performance

UYLD vs. CSHI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Angel Oak Ultrashort Income ETF (UYLD) and Neos Enhanced Income Cash Alternative ETF (CSHI). The values are adjusted to include any dividend payments, if applicable.

UYLD vs. CSHI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
UYLD Angel Oak Ultrashort Income ETF	0.87%	5.36%	6.10%	6.90%	1.12%
CSHI Neos Enhanced Income Cash Alternative ETF	1.30%	5.05%	5.66%	6.21%	0.83%

Returns By Period

In the year-to-date period, UYLD achieves a 0.87% return, which is significantly lower than CSHI's 1.30% return.

UYLD

• 1D: 0.07%
• 1M: 0.10%
• YTD: 0.87%
• 6M: 2.10%
• 1Y: 4.90%
• 3Y*: 5.82%
• 5Y*: —
• 10Y*: —

CSHI

• 1D: 0.18%
• 1M: 0.57%
• YTD: 1.30%
• 6M: 2.57%
• 1Y: 5.43%
• 3Y*: 5.49%
• 5Y*: —
• 10Y*: —

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

UYLD vs. CSHI - Expense Ratio Comparison

UYLD has a 0.29% expense ratio, which is lower than CSHI's 0.38% expense ratio.

CSHI

Neos Enhanced Income Cash Alternative ETF

UYLD

Angel Oak Ultrashort Income ETF

Return for Risk

UYLD vs. CSHI — Risk / Return Rank

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

UYLD

UYLD Risk / Return Rank: 99
UYLD Sharpe Ratio Rank: 99
UYLD Sortino Ratio Rank: 99
UYLD Omega Ratio Rank: 99
UYLD Calmar Ratio Rank: 99
UYLD Martin Ratio Rank: 99

CSHI

CSHI Risk / Return Rank: 97
CSHI Sharpe Ratio Rank: 97
CSHI Sortino Ratio Rank: 98
CSHI Omega Ratio Rank: 98
CSHI Calmar Ratio Rank: 92
CSHI Martin Ratio Rank: 98

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.

UYLD vs. CSHI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Angel Oak Ultrashort Income ETF (UYLD) 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.

	UYLD	CSHI	Difference
Sharpe ratio Return per unit of total volatility	7.82	2.71	+5.11
Sortino ratio Return per unit of downside risk	16.14	4.01	+12.13
Omega ratio Gain probability vs. loss probability	3.57	2.01	+1.56
Calmar ratio Return relative to maximum drawdown	26.19	3.21	+22.98
Martin ratio Return relative to average drawdown	156.31	28.78	+127.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

UYLD vs. CSHI - Sharpe Ratio Comparison

The current UYLD Sharpe Ratio is 7.82, which is higher than the CSHI Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of UYLD and CSHI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	UYLD	CSHI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	7.82	2.71	+5.11
Sharpe Ratio (All Time) Calculated using the full available price history	5.97	4.10	+1.88

Correlation

The correlation between UYLD and CSHI is 0.01, 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.

Dividends

UYLD vs. CSHI - Dividend Comparison

UYLD's dividend yield for the trailing twelve months is around 4.90%, less than CSHI's 4.98% yield.

	TTM	2025	2024	2023	2022
UYLD Angel Oak Ultrashort Income ETF	4.90%	5.07%	4.97%	5.92%	0.75%
CSHI Neos Enhanced Income Cash Alternative ETF	4.98%	5.11%	5.72%	6.15%	1.52%

Drawdowns

UYLD vs. CSHI - Drawdown Comparison

The maximum UYLD drawdown since its inception was -0.54%, smaller than the maximum CSHI drawdown of -1.69%. Use the drawdown chart below to compare losses from any high point for UYLD and CSHI.

Drawdown Indicators

	UYLD	CSHI	Difference
Max Drawdown Largest peak-to-trough decline	-0.54%	-1.69%	+1.15%
Max Drawdown (1Y) Largest decline over 1 year	-0.19%	-1.69%	+1.50%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.04%	-0.03%	-0.01%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.03%	0.19%	-0.16%

Volatility

UYLD vs. CSHI - Volatility Comparison

The current volatility for Angel Oak Ultrashort Income ETF (UYLD) is 0.19%, while Neos Enhanced Income Cash Alternative ETF (CSHI) has a volatility of 0.39%. This indicates that UYLD experiences smaller price fluctuations and is considered to be less risky than CSHI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	UYLD	CSHI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.19%	0.39%	-0.20%
Volatility (6M) Calculated over the trailing 6-month period	0.38%	0.68%	-0.30%
Volatility (1Y) Calculated over the trailing 1-year period	0.63%	2.01%	-1.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.00%	1.35%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.00%	1.35%	-0.35%