iShares Dynamic Short-Term Active ETF
$99.63+0.00 (+0.00%)
- Expense ratio
- 0.20%
- Fund size
- $373M
- 1Y return
- +4.0%
- Yield · Last 12 months
- 4.00%
- Holdings
- 532
- Volume · 30D
- 0M sh
- NAV per share
- $99.52
- 52W range
The ETF.net CSHP Grade
Score 57 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.CScore 41Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 61Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.FScore 22Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 51Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 56Category rank
Our read on CSHP
BCash parking with a motor. BlackRock's actively managed short-term fund measures itself against 3-month T-bills and can reach across short-dated bonds and developed-market equities to try to clear that bar.
The Fund seeks total return above the ICE BofA 3-Month U.S. Treasury Bill Index through actively managed exposure to short-term fixed income securities and equities across global developed markets.
Why people hold it
- The hurdle is cash itself: it seeks total return above the ICE BofA 3-Month U.S. Treasury Bill Index.ishares.com
- A wider toolkit than a T-bill fund: short-term fixed income plus equities across global developed markets.ishares.com
- 0.20% a year for active management, right at the going rate for an ultra-short bond fund.
- Pays monthly, with the portfolio spread across roughly 500 positions instead of a handful of bills.
Worth knowing
- Passive rivals undercut it: VUSB charges 0.10% and SHV 0.15%, against 0.20% here.
- The equity sleeve means it can move more than a pure T-bill fund, and a 2024 launch leaves little history across rate cycles.
- One of the quieter tickers in the ultra-short aisle, so spreads can run wider than at the category's giants.
CSHP Holdings
- Bonds
- 532
- 61%
- TREASURY BILL 11/27/2026 (TBILL)
Sectors
- Technology38.8%
- Financials12.0%
- Communication9.5%
- Consumer Discr.9.3%
- Health Care9.2%
- Industrials7.9%
- Cons. Staples4.4%
- Energy3.5%
- Utilities2.0%
- Real Estate1.8%
- Materials1.6%
Geography
- United States86.41%
- France2.92%
- Japan2.75%
- Canada2.65%
- Italy2.65%
- Portugal1.48%
- Ireland0.62%
- Spain0.27%
- 0.26%
CSHP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CSHP |
|---|---|
| Year to date | +2.9% |
| 1 month | +0.3% |
| 3 months | +1.0% |
| 1 year | +4.0% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CSHP |
|---|---|---|
| 2026 YTD | +2.9% | |
| 2025 | +4.1% | |
| 2024 | +2.3% |
CSHP in the news
ETF.net Research hasn’t filed on CSHP yet — coverage lands here as it’s written.
CSHP Dividends
- 4.00%
- $3.99
- $0.27 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.27 |
| Aug 3, 2026 | Aug 6, 2026 | $0.21 |
| Jul 1, 2026 | Jul 7, 2026 | $0.47 |
| Jun 1, 2026 | Jun 4, 2026 | $0.25 |
| May 1, 2026 | May 6, 2026 | $0.25 |
| Apr 1, 2026 | Apr 7, 2026 | $0.25 |
| Mar 2, 2026 | Mar 5, 2026 | $0.24 |
| Feb 2, 2026 | Feb 5, 2026 | $0.23 |
| Dec 19, 2025 | Dec 24, 2025 | $0.23 |
| Dec 1, 2025 | Dec 4, 2025 | $0.87 |
| Nov 3, 2025 | Nov 6, 2025 | $0.40 |
| Oct 1, 2025 | Oct 6, 2025 | $0.32 |
CSHP Risk
- 0.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- −0.45
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −0.6%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.002
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CSHP Cost
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
40 of the 77 Cash & Ultra-Short Income funds charge less.