WAR vs. CSHP
WAR (U.S. Global Technology and Aerospace & Defense ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - WAR is a Aerospace & Defense fund actively managed by US Global, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. At a 0.09 correlation, their price movements are largely independent. WAR charges 0.60%/yr vs 0.20%/yr for CSHP.
Performance
WAR vs. CSHP - Performance Comparison
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Returns By Period
WAR
- 1D
- -4.30%
- 1M
- -7.86%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSHP
- 1D
- -0.21%
- 1M
- 0.17%
- 6M
- 1.77%
- YTD
- 1.87%
- 1Y
- 3.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
WAR vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
WAR U.S. Global Technology and Aerospace & Defense ETF | -9.77% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 0.32% |
Correlation
The correlation between WAR and CSHP is 0.09, 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 (All Time) Calculated using the full available price history since May 26, 2026 | 0.09 |
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Return for Risk
WAR vs. CSHP — Risk / Return Rank
WAR
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CSHP
WAR vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for U.S. Global Technology and Aerospace & Defense ETF (WAR) 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.
| WAR | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 4.03 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 16.12 | — |
| Martin ratioReturn relative to average drawdown | — | 162.20 | — |
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Drawdowns
WAR vs. CSHP - Drawdown Comparison
The maximum WAR drawdown since its inception was -15.43%, which is greater than CSHP's maximum drawdown of -0.23%. Use the drawdown chart below to compare losses from any high point for WAR and CSHP.
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Drawdown Indicators
| WAR | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.43% | -0.23% | -15.20% |
Max Drawdown (1Y)Largest decline over 1 year | — | -0.23% | — |
Current DrawdownCurrent decline from peak | -15.43% | -0.23% | -15.20% |
Average DrawdownAverage peak-to-trough decline | -7.29% | -0.01% | -7.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.02% | — |
Volatility
WAR vs. CSHP - Volatility Comparison
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Volatility by Period
| WAR | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.43% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 0.48% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 49.13% | 0.53% | +48.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 49.13% | 0.50% | +48.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 49.13% | 0.50% | +48.63% |
WAR vs. CSHP - Expense Ratio Comparison
WAR has a 0.60% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
WAR vs. CSHP - Dividend Comparison
WAR has not paid dividends to shareholders, while CSHP's dividend yield for the trailing twelve months is around 4.02%.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
CSHP iShares Enhanced Short-Term Bond Active ETF | 4.02% | 5.39% | 1.96% |
WAR U.S. Global Technology and Aerospace & Defense ETF | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
WAR and CSHP have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, CSHP is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.
CSHP is cheaper with a 0.20% expense ratio, compared with 0.60% for WAR.
CSHP has the higher dividend yield at 4.02%, compared with 0.00% for WAR.
WAR is categorized as Aerospace & Defense, while CSHP is Ultrashort Bond. They also come from different issuers: US Global and iShares. Their fees differ too: 0.60% for WAR and 0.20% for CSHP.
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