iShares Dynamic Short-Term Active ETF
$99.45+0.02 (+0.02%)
- 0.20%
- $369M
- +3.9%
- 4.00%
- 0M sh
- $99.45
- low $98.89high $100.39
The ETF.net CSHP Grade
B
Score 57 out of 100
- 46 of 78
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.C42 out of 100Rank 39 of 78Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 66Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B57 out of 100Rank 17 of 75Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D26 out of 100Rank 66 of 78Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C48 out of 100Rank 50 of 77Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B57 out of 100Rank 39 of 78
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
- 549
- 68%
- Treasury Bill 08/05/2027 (Tbill)
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 States93.27%
- Japan2.69%
- Canada2.59%
- Ireland0.64%
- Spain0.27%
- France0.27%
- United Kingdom0.12%
- Switzerland0.09%
- 0.06%
CSHP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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CSHP$10,390
Returns run to the Oct 12, 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 | +3.0% |
| 1 month | −0.1% |
| 3 months | +0.9% |
| 1 year | +3.9% |
| 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 | +3.0% | |
| 2025 | +4.1% | |
| 2024 | +2.3% |
CSHP in the news
CSHP Dividends
- 4.00%
- $3.98
- $0.31 per share
- Monthly
Distribution history
CSHP Risk
- 0.4%
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.
- −0.07
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.
- −0.7%
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
0.20%
CSHP0.20%
- The middle half of Cash & Ultra-Short Income funds
- Median 0.19%
41 of the 78 Cash & Ultra-Short Income funds charge less.
Other funds in Cash & Ultra-Short Income
- BBUXXStrive Enhanced Income Short Maturity ETFExpense ratio 0.26%1 year return +3.8%
- BGMOCGMO Ultra-Short Income ETFExpense ratio 0.20%1 year return —
- BGMMFiShares Government Money Market ETFExpense ratio 0.20%1 year return +2.7%
- BTUSBThrivent Ultra Short Bond ETFExpense ratio 0.20%1 year return +4.3%
- BVRIGInvesco Variable Rate Investment Grade ETFExpense ratio 0.30%1 year return +4.4%