XLKI vs. CSHP

Last updated Jun 23, 2026

XLKI (State Street Technology Select Sector SPDR Premium Income ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - XLKI is a Technology Equities fund actively managed by State Street, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. At a correlation of -0.12, they often move in opposite directions. XLKI charges 0.35%/yr vs 0.20%/yr for CSHP.

Performance

XLKI vs. CSHP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Technology Select Sector SPDR Premium Income ETF (XLKI) and iShares Enhanced Short-Term Bond Active ETF (CSHP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, XLKI achieves a 16.82% return, which is significantly higher than CSHP's 1.86% return.

XLKI

• 1D: 0.35%
• 1M: 1.16%
• YTD: 16.82%
• 6M: 16.88%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

CSHP

• 1D: -0.01%
• 1M: 0.30%
• YTD: 1.86%
• 6M: 1.93%
• 1Y: 3.96%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLKI vs. CSHP - Yearly Performance Comparison

	2026 (YTD)	2025
XLKI State Street Technology Select Sector SPDR Premium Income ETF	16.82%	10.02%
CSHP iShares Enhanced Short-Term Bond Active ETF	1.86%	1.64%

Correlation

The correlation between XLKI and CSHP is -0.12, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	-0.12

Return for Risk

XLKI vs. CSHP — Risk / Return Rank

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

XLKI

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

CSHP

CSHP Risk / Return Rank: 99
CSHP Sharpe Ratio Rank: 100
CSHP Sortino Ratio Rank: 99
CSHP Omega Ratio Rank: 99
CSHP Calmar Ratio Rank: 100
CSHP Martin Ratio Rank: 100

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.

XLKI vs. CSHP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Technology Select Sector SPDR Premium Income ETF (XLKI) 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.

	XLKI	CSHP	Difference
Sharpe ratio: Return per unit of total volatility	—	11.22	—
Sortino ratio: Return per unit of downside risk	—	28.31	—
Omega ratio: Gain probability vs. loss probability	—	6.67	—
Calmar ratio: Return relative to maximum drawdown	—	65.84	—
Martin ratio: Return relative to average drawdown	—	395.75	—

Drawdowns

XLKI vs. CSHP - Drawdown Comparison

The maximum XLKI drawdown since its inception was -10.24%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for XLKI and CSHP.

Drawdown Indicators

	XLKI	CSHP	Difference
Max Drawdown Largest peak-to-trough decline	-10.24%	-0.08%	-10.16%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.06%	—
Current Drawdown Current decline from peak	-1.54%	-0.01%	-1.53%
Average Drawdown Average peak-to-trough decline	-1.75%	-0.00%	-1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.01%	—

Volatility

Volatility by Period

	XLKI	CSHP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.15%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.27%	—
Volatility (1Y) Calculated over the trailing 1-year period	18.25%	0.36%	+17.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.25%	0.41%	+17.84%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.25%	0.41%	+17.84%

XLKI vs. CSHP - Expense Ratio Comparison

XLKI has a 0.35% expense ratio, which is higher than CSHP's 0.20% expense ratio.

Dividends

XLKI vs. CSHP - Dividend Comparison

XLKI's dividend yield for the trailing twelve months is around 14.32%, more than CSHP's 3.91% yield.

Position	TTM	2025	2024
CSHP iShares Enhanced Short-Term Bond Active ETF	3.91%	5.39%	1.96%
XLKI State Street Technology Select Sector SPDR Premium Income ETF	14.32%	8.52%	0.00%

Frequently Asked Questions

Can I hold both XLKI and CSHP in my portfolio?

XLKI and CSHP have a correlation of -0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLKI or CSHP?

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.

Which ETF is cheaper, XLKI or CSHP?

CSHP is cheaper with a 0.20% expense ratio, compared with 0.35% for XLKI.

Which ETF pays a higher dividend yield, XLKI or CSHP?

XLKI has the higher dividend yield at 14.32%, compared with 3.91% for CSHP.

What is the main difference between XLKI and CSHP?

XLKI is categorized as Technology Equities, while CSHP is Ultrashort Bond. They also come from different issuers: State Street and iShares. Their fees differ too: 0.35% for XLKI and 0.20% for CSHP.