YETH vs. CSHP
YETH (Roundhill Ether Covered Call Strategy ETF) and CSHP (iShares Enhanced Short-Term Bond Active ETF) are both exchange-traded funds - YETH is a Derivative Income fund actively managed by Roundhill, while CSHP is a Ultrashort Bond fund actively managed by iShares. Both are actively managed. Over the past year, YETH returned -28.26% vs 3.94% for CSHP. At a correlation of -0.00, they often move in opposite directions. YETH charges 0.95%/yr vs 0.20%/yr for CSHP.
Performance
YETH vs. CSHP - Performance Comparison
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Returns By Period
In the year-to-date period, YETH achieves a -36.92% return, which is significantly lower than CSHP's 1.83% return.
YETH
- 1D
- -3.80%
- 1M
- -17.57%
- YTD
- -36.92%
- 6M
- -35.32%
- 1Y
- -28.26%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CSHP
- 1D
- -0.03%
- 1M
- 0.27%
- YTD
- 1.83%
- 6M
- 1.92%
- 1Y
- 3.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
YETH vs. CSHP - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
YETH Roundhill Ether Covered Call Strategy ETF | -36.92% | -32.10% | 26.02% |
CSHP iShares Enhanced Short-Term Bond Active ETF | 1.83% | 4.10% | 1.60% |
Correlation
The correlation between YETH and CSHP is -0.07, 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 | -0.07 |
Correlation (All Time) Calculated using the full available price history since Sep 4, 2024 | -0.00 |
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Return for Risk
YETH vs. CSHP — Risk / Return Rank
YETH
CSHP
YETH vs. CSHP - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Roundhill Ether Covered Call Strategy ETF (YETH) 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.
| YETH | CSHP | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -11.58 | ||
| Sortino ratioReturn per unit of downside risk | -27.98 | ||
| Omega ratioGain probability vs. loss probability | 0.95 | 6.46 | -5.50 |
| Calmar ratioReturn relative to maximum drawdown | -0.48 | 65.45 | -65.93 |
| Martin ratioReturn relative to average drawdown | -0.85 | 381.67 | -382.52 |
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Drawdowns
YETH vs. CSHP - Drawdown Comparison
The maximum YETH drawdown since its inception was -64.41%, which is greater than CSHP's maximum drawdown of -0.08%. Use the drawdown chart below to compare losses from any high point for YETH and CSHP.
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Drawdown Indicators
| YETH | CSHP | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.41% | -0.08% | -64.33% |
Max Drawdown (1Y)Largest decline over 1 year | -58.73% | -0.06% | -58.67% |
Current DrawdownCurrent decline from peak | -61.46% | -0.04% | -61.42% |
Average DrawdownAverage peak-to-trough decline | -31.73% | -0.00% | -31.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 33.32% | 0.01% | +33.31% |
Volatility
YETH vs. CSHP - Volatility Comparison
Roundhill Ether Covered Call Strategy ETF (YETH) has a higher volatility of 17.69% compared to iShares Enhanced Short-Term Bond Active ETF (CSHP) at 0.16%. This indicates that YETH'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
| YETH | CSHP | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.69% | 0.16% | +17.53% |
Volatility (6M)Calculated over the trailing 6-month period | 40.17% | 0.27% | +39.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 58.12% | 0.36% | +57.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 55.79% | 0.41% | +55.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 55.79% | 0.41% | +55.38% |
YETH vs. CSHP - Expense Ratio Comparison
YETH has a 0.95% expense ratio, which is higher than CSHP's 0.20% expense ratio.
Dividends
YETH vs. CSHP - Dividend Comparison
YETH's dividend yield for the trailing twelve months is around 156.86%, 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% |
YETH Roundhill Ether Covered Call Strategy ETF | 156.86% | 109.12% | 20.52% |
Frequently Asked Questions
YETH and CSHP have a correlation of -0.07, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
YETH has higher volatility (17.69%) compared to CSHP (0.16%). In terms of maximum drawdown, YETH dropped -64.41% vs CSHP's -0.08%.
On 1-year performance, CSHP leads with 3.94% vs -28.26% for YETH. 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 -28.26%. 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 YETH.
YETH has the higher dividend yield at 156.86%, compared with 3.91% for CSHP.
YETH is categorized as Derivative Income, while CSHP is Ultrashort Bond. They also come from different issuers: Roundhill and iShares. Their fees differ too: 0.95% for YETH and 0.20% for CSHP.
CSHP currently has the higher Sharpe Ratio (11.09 vs -0.49), 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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