VCAR vs. CSHP
VCAR (Simplify Volt RoboCar Disruption and Tech ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - VCAR is a Consumer Discretionary Equities fund actively managed by Simplify, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. Over the past year, VCAR returned -31.81% vs 3.94% for CSHP. At a 0.05 correlation, their price movements are largely independent. VCAR charges 0.95%/yr vs 0.20%/yr for CSHP.
Performance
VCAR vs. CSHP - Performance Comparison
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Returns By Period
In the year-to-date period, VCAR achieves a -12.28% return, which is significantly lower than CSHP's 1.83% return.
VCAR
- 1D
- -6.80%
- 1M
- -14.12%
- YTD
- -12.28%
- 6M
- -17.99%
- 1Y
- -31.81%
- 3Y*
- 26.19%
- 5Y*
- 8.82%
- 10Y*
- —
CSHP
- 1D
- -0.03%
- 1M
- 0.27%
- YTD
- 1.83%
- 6M
- 1.92%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VCAR vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
VCAR Simplify Volt RoboCar Disruption and Tech ETF | -12.28% | -14.73% | 106.54% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.83% | 4.10% | 2.24% |
Correlation
The correlation between VCAR and CSHP is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.08 |
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024 | 0.05 |
The correlation between VCAR and CSHP shifts across timeframes, from -0.08 (1 year) to 0.05 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
VCAR vs. CSHP — Risk / Return Rank
VCAR
CSHP
VCAR vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Volt RoboCar Disruption and Tech ETF (VCAR) 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.
| VCAR | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.65 | ||
| Sortino ratioReturn per unit of downside risk | -28.15 | ||
| Omega ratioGain probability vs. loss probability | 0.93 | 6.46 | -5.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.57 | 65.45 | -66.02 |
| Martin ratioReturn relative to average drawdown | -0.98 | 381.67 | -382.65 |
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Drawdowns
VCAR vs. CSHP - Drawdown Comparison
The maximum VCAR drawdown since its inception was -69.11%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for VCAR and CSHP.
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Drawdown Indicators
| VCAR | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.11% | -0.08% | -69.03% |
Max Drawdown (1Y)Largest decline over 1 year | -56.12% | -0.06% | -56.06% |
Max Drawdown (3Y)Largest decline over 3 years | -56.12% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -69.11% | — | — |
Current DrawdownCurrent decline from peak | -45.57% | -0.04% | -45.53% |
Average DrawdownAverage peak-to-trough decline | -37.71% | -0.00% | -37.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 32.64% | 0.01% | +32.63% |
Volatility
VCAR vs. CSHP - Volatility Comparison
Simplify Volt RoboCar Disruption and Tech ETF (VCAR) has a higher volatility of 15.88% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.16%. This indicates that VCAR'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
| VCAR | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 15.88% | 0.16% | +15.72% |
Volatility (6M)Calculated over the trailing 6-month period | 41.68% | 0.27% | +41.41% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.85% | 0.36% | +57.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 51.05% | 0.41% | +50.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 50.14% | 0.41% | +49.73% |
VCAR vs. CSHP - Expense Ratio Comparison
VCAR has a 0.95% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
VCAR vs. CSHP - Dividend Comparison
VCAR's dividend yield for the trailing twelve months is around 26.22%, more than CSHP's 3.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 3.91% | 5.39% | 1.96% | 0.00% | 0.00% |
VCAR Simplify Volt RoboCar Disruption and Tech ETF | 26.22% | 23.87% | 0.62% | 0.00% | 0.83% |
Frequently Asked Questions
VCAR and CSHP have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VCAR has higher volatility (15.88%) compared to CSHP (0.16%). In terms of maximum drawdown, VCAR dropped -69.11% vs CSHP's -0.08%.
On 1-year performance, CSHP leads with 3.94% vs -31.81% for VCAR. 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, CSHP has performed better with a 3.94% return vs -31.81%. 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 0.95% for VCAR.
VCAR has the higher dividend yield at 26.22%, compared with 3.91% for CSHP.
VCAR is categorized as Consumer Discretionary Equities, while CSHP is Ultrashort Bond. They also come from different issuers: Simplify and iShares. Their fees differ too: 0.95% for VCAR and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.09 vs -0.57), 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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