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Launched

iShares Dynamic Short-Term Active ETF

CSHPNYSE ArcaiSharesB

$99.53+0.42 (+0.42%)

As of Nov 2, 2026, 2:24 PM ET

B57/ 100

Rank 44 of 78 in Cash & Ultra-Short Income

B57/100Rank 44 of 78inCash & Ultra-Short Income
Intraday session: up, 54 prints from 99.11 to 99.53. Range 99.11 to 99.53. Use the arrow keys to read each point.99.2099.3099.4010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$382M
1Y total return
+3.7%
Yield · Last 12 months
4.00%
Holdings
547
Avg volume · 30D
42.8K sh
52W range
low $96.52high $100.39
Launched

The ETF.net CSHP Grade

B

Score 57 out of 100

Category
Cash & Ultra-Short Income⁠
Rank
44 of 78
Six-pillar profile for CSHP. Scores out of 100: Cost 38, Risk 55, Mission 100, Tradability 36, Holdings 46, Durability 55. Strongest: Mission (100). Weakest: Tradability (36). Leans toward Mission.

Score 57 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    D38 out of 100
    Rank 42 of 78

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 67

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 20 of 75

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D36 out of 100
    Rank 55 of 78

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    C46 out of 100
    Rank 54 of 77

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B55 out of 100
    Rank 43 of 78

Our read on CSHP

ETF.net Research

In short

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.

Stated mandate

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

Holdings pillarC46 out of 100Rank 54 of 77 in Cash & Ultra-Short Income
Asset class
Bonds
Holdings
547
Top-10 weight
67%
Largest holding
Treasury Bill 08/05/2027 (Tbill)27.9%

Sectors

  • Technology40.5%
  • Financials11.3%
  • Communication10.0%
  • Health Care9.2%
  • Consumer Discretionary8.8%
  • Industrials7.6%
  • Consumer Staples4.3%
  • Energy3.4%
  • Utilities1.9%
  • Real Estate1.6%
  • Materials1.6%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 37.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataTreasury Bill 08/05/2027 (Tbill)27.87%110,533,600$107M10
2No dataTreasury Bill 11/27/2026 (Tbill)11.54%44,448,400$44.3M16
3No dataTreasury Bill 01/28/2027 (Tbill)10.10%39,163,800$38.8M32
4No dataTreasury (Cpi) Note 0.38% 07/15/2027 (Tips)4.94%19,084,487$19M12
5No dataJpy Cash2.67%1,617,231,293$10.3M99
6No dataCad Cash2.61%13,970,445$10M86
7AAPLApple2.22%24,699$8.51M723
8NVDANVIDIA2.19%41,039$8.4M848
9MSFTMicrosoft1.71%12,572$6.56M819
10No dataBlk Csh Fnd Treasury Sl Agency1.39%5,320,000$5.32M437
11No dataTreasury Bill 02/09/2027 (Tbill)1.26%4,891,800$4.84M11
12AMZNAmazon.com Inc1.04%16,686$4.01M738
13GOOGLAlphabet Class A0.72%9,949$2.78M707
14AVGOBroadcom Inc0.68%8,066$2.63M753
15METAMeta Platforms Class A0.60%3,740$2.3M708

Showing 1–15 of 547 holdings

CSHP Performance

Launched Jul 17, 2024

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
CSHP$10,370
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. CSHP $10,370. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for CSHP. Periods over one year show the average yearly return.
PeriodCSHP
Year to date+3.0%
1 month+0.1%
3 months+0.6%
1 year+3.7%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for CSHP
YearReturn barCSHP
2026 YTD+3.0%
2025+4.1%
2024+2.3%

Since listing, Jul 17, 2024

CSHP in the news

CSHP Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.00%Last 12 months
Payout per share
$3.98Last 12 months
Last payment
$0.31 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2024–2026

One bar per payment. 27 payments from 2024 to 2026 YTD. Sep 3, 2024 $0.60; Oct 1, 2024 $0.39; Nov 1, 2024 $0.25; Dec 2, 2024 $0.32; Dec 18, 2024 $0.40; Dec 30, 2024 $0.02; Feb 3, 2025 $0.33; Mar 3, 2025 $0.31; Apr 1, 2025 $0.34; May 1, 2025 $0.34; Jun 2, 2025 $1.34; Jul 1, 2025 $0.39; Aug 1, 2025 $0.11; Sep 2, 2025 $0.36; Oct 1, 2025 $0.32; Nov 3, 2025 $0.40; Dec 1, 2025 $0.87; Dec 19, 2025 $0.23; Feb 2, 2026 $0.23; Mar 2, 2026 $0.24; Apr 1, 2026 $0.25; May 1, 2026 $0.25; Jun 1, 2026 $0.25; Jul 1, 2026 $0.47; Aug 3, 2026 $0.21; Sep 1, 2026 $0.27; Oct 1, 2026 $0.31. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.35
Oct 1, 2026Oct 6, 2026$0.31
Sep 1, 2026Sep 4, 2026$0.27
Aug 3, 2026Aug 6, 2026$0.21
Jul 1, 2026Jul 7, 2026$0.47
Jun 1, 2026Jun 4, 2026$0.25
May 1, 2026May 6, 2026$0.25
Apr 1, 2026Apr 7, 2026$0.25
Mar 2, 2026Mar 5, 2026$0.24
Feb 2, 2026Feb 5, 2026$0.23
Dec 19, 2025Dec 24, 2025$0.23
Dec 1, 2025Dec 4, 2025$0.87

See all 28 payments⁠

$10,000 in CSHP 1 year ago paid $399 in dividends.⁠

CSHP Risk

Risk pillarB55 out of 100Rank 20 of 75 in Cash & Ultra-Short Income
How much the fund’s monthly returns vary, scaled to a year.
0.4%
Annualised · 27 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
−0.36
vs 3-month T-bills · 27 months to Oct 2026
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.

The largest fall from a peak to the low that followed.
−0.7%
27 months · trough Sep 2026
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.

How strongly the fund’s returns move with its asset-class index.
0.002
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

CSHP Cost

Compare CSHP and XHLF

Overpaying vs XHLF, tied cheapest in Cash & Ultra-Short Income

$3,517

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • CSHP 0.20%

    $4,155

  • XHLF 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • CSHP 0.20%
  • XHLF 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530CSHP $4,155XHLF $638

Year by year

YearCSHPXHLFOverpaying
10$365$55$310
20$1,421$216$1,205
30$4,155$638$3,517

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