VNIE vs. CSHP
VNIE (Vontobel International Equity Active ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - VNIE is a Foreign Large Cap Equities fund actively managed by Vontobel, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. Over the past year, VNIE returned -0.05% vs 3.94% for CSHP. At a correlation of -0.07, they often move in opposite directions. VNIE charges 0.60%/yr vs 0.20%/yr for CSHP.
Performance
VNIE vs. CSHP - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, VNIE achieves a 4.18% return, which is significantly higher than CSHP's 2.09% return.
VNIE
- 1D
- 0.09%
- 1M
- -0.56%
- 6M
- 2.28%
- YTD
- 4.18%
- 1Y
- -0.05%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSHP
- 1D
- -0.02%
- 1M
- 0.38%
- 6M
- 1.98%
- YTD
- 2.09%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VNIE vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
VNIE Vontobel International Equity Active ETF | 4.18% | -1.01% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 2.09% | 2.53% |
Correlation
The correlation between VNIE and CSHP is -0.03, 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 | -0.03 |
Correlation (All Time) Calculated using the full available price history since May 15, 2025 | -0.07 |
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
VNIE vs. CSHP — Risk / Return Rank
VNIE
CSHP
VNIE vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vontobel International Equity Active ETF (VNIE) 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.
| VNIE | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -8.33 | ||
| Sortino ratioReturn per unit of downside risk | -15.27 | ||
| Omega ratioGain probability vs. loss probability | 1.01 | 4.94 | -3.93 |
| Calmar ratioReturn relative to maximum drawdown | -0.06 | 19.49 | -19.56 |
| Martin ratioReturn relative to average drawdown | -0.18 | 224.95 | -225.13 |
Loading charts...
Drawdowns
VNIE vs. CSHP - Drawdown Comparison
The maximum VNIE drawdown since its inception was -13.11%, which is greater than CSHP's maximum drawdown of -0.21%. Use the drawdown chart below to compare losses from any high point for VNIE and CSHP.
Loading charts...
Drawdown Indicators
| VNIE | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.11% | -0.21% | -12.90% |
Max Drawdown (1Y)Largest decline over 1 year | -13.11% | -0.21% | -12.90% |
Current DrawdownCurrent decline from peak | -4.34% | -0.02% | -4.32% |
Average DrawdownAverage peak-to-trough decline | -4.19% | -0.01% | -4.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.10% | 0.02% | +5.08% |
Volatility
VNIE vs. CSHP - Volatility Comparison
Vontobel International Equity Active ETF (VNIE) has a higher volatility of 6.00% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.37%. This indicates that VNIE'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
| VNIE | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.00% | 0.37% | +5.63% |
Volatility (6M)Calculated over the trailing 6-month period | 15.19% | 0.43% | +14.76% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.65% | 0.48% | +16.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.88% | 0.47% | +15.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.88% | 0.47% | +15.41% |
VNIE vs. CSHP - Expense Ratio Comparison
VNIE has a 0.60% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
VNIE vs. CSHP - Dividend Comparison
VNIE's dividend yield for the trailing twelve months is around 0.31%, less than CSHP's 4.01% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 4.01% | 5.39% | 1.96% |
VNIE Vontobel International Equity Active ETF | 0.31% | 0.32% | 0.00% |
Frequently Asked Questions
VNIE 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.
VNIE has higher volatility (6.00%) compared to CSHP (0.37%). In terms of maximum drawdown, VNIE dropped -13.11% vs CSHP's -0.21%.
On 1-year performance, CSHP leads with 3.94% vs -0.05% for VNIE. On fees, CSHP is cheaper at 0.20% per year. On volatility, CSHP has been the lower-risk option at 0.37%. 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 -0.05%. 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 0.60% for VNIE.
CSHP has the higher dividend yield at 4.01%, compared with 0.31% for VNIE.
VNIE is categorized as Foreign Large Cap Equities, while CSHP is Ultrashort Bond. They also come from different issuers: Vontobel and iShares. Their fees differ too: 0.60% for VNIE and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (8.28 vs -0.05), 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 VNIE 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