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CBIL vs ICSH

Corgi 3-12 Month T-Bill ETF

CBILBCboe

iShares Ultra Short Duration Bond Active ETF

ICSHACboe

Overlap

Expense ratio

CBIL −0.03pt a year

CBIL0.05%ICSH0.08%

Avg volume · 30D

ICSH 64.9×the volume

CBIL25.7KICSH1.67M

CBIL vs ICSH Performance

Aug 4, 2026 – Nov 4, 2026

+1.0%CBIL+0.8%ICSH

Aug 4, 2026 to Nov 4, 2026. CBIL +1.0%. ICSH +0.8%. Use the arrow keys to read each point.0%0.2%0.4%0.6%Aug 2026Sep 2026Nov 2026
Expense ratio
CBIL 0.05%, better
ICSH 0.08%
Fund size
CBIL $25M
ICSH $8.9B
1Y total return
CBIL No data
ICSH +3.7%
Yield (12M)
CBIL No data
ICSH 4.12%
Holdings
CBIL 24
ICSH 404
Avg volume (30D)
CBIL 25.7K sh
ICSH 1.67M sh, better
NAV per share
CBIL $24.83
ICSH $50.30
52W range

ETF.net Grade

CBIL: Cost 95, Risk 54, Mission not scored, Tradability 19, Holdings 48, Durability 10. ICSH: Cost 89, Risk 50, Mission 100, Tradability 76, Holdings 96, Durability 91.
Pillar letters and Scores for CBIL, ICSH, with each pillar’s weight
PillarCBILICSH
Cost30% weightA95HigherA89
Mission25% weightNot scoredA100
Risk15% weightC54HigherC50
Tradability15% weightF19A76Higher
Holdings10% weightC48A96Higher
Durability5% weightF10A91Higher

Rank among Cash & Ultra-Short Income funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. CBIL and ICSH are both graded against the same 78 Cash & Ultra-Short Income funds, so their Grades compare head to head.

Cash & Ultra-Short Income⁠

Category · 78 funds
See all 78 ›

ICSH ranks 1st and CBIL 40th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 84
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 38BMMKState Street Prime Money Market ETFScore 60
  4. Rank 40BCBILCorgi 3-12 Month T-Bill ETFScore 59
  5. Rank 40BDLUXDoubleLine Ultrashort Income ETFScore 59

Our read on each fund

ETF.net Research

CBILBCorgi 3-12 Month T-Bill ETF

ICSHAiShares Ultra Short Duration Bond Active ETF

In short

CBIL No data

ICSH BlackRock's active cash-parking sleeve, live since 2013: roughly 250 ultra-short investment-grade bonds and money market instruments, run for current income with preservation of capital, at 0.08% a year.

Stated mandate

CBIL No data

ICSH The fund seeks current income consistent with preservation of capital through actively managed exposure to ultra-short-term investment-grade bonds and money market instruments.

Why people hold it

CBIL No data

  • ICSH At 0.08% a year it undercuts the typical cash-alternative ETF, which charges about 0.20%, and comes in below top-rated rivals like FLUD and JPST.
  • Actively managed rather than a fixed ladder: the team picks across ultra-short investment-grade bonds and money market instruments, spread over roughly 250 positions.ishares.com
  • Trading since 2013 and now a multi-billion-dollar fund that changes hands actively, giving it one of the longer records in the cash-alternative aisle.
  • Sits in the top quartile of its cash-alternative peer group, helped by high-quality holdings and low cost.

Worth knowing

CBIL No data

  • ICSH Not a money market fund. The share price floats, and preservation of capital is the stated aim, not a promise.ishares.com
  • It holds investment-grade corporate paper alongside money market instruments, so it carries credit risk a Treasury-bill-only fund does not.ishares.com
  • It pays monthly, but the amount rides short-term rates, and as an active fund its results can drift from its 6-month T-bill reference index either way.

Full CBIL profile⁠

Full ICSH profile⁠

CBIL vs ICSH Holdings

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CBIL vs ICSH Cost

Overpaying ICSH vs CBIL

$629

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

  • CBIL 0.05%

    $1,060

  • ICSH 0.08%

    $1,689

$10,000
30 years

Cost over time

  • CBIL 0.05%
  • ICSH 0.08%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$500$1K$1.5K$2K051015202530ICSH $1,689CBIL $1,060

Year by year

YearCBILICSHOverpaying
10$92$147$55
20$360$575$215
30$1,060$1,689$629

Expense ratio

  • 0.05%CBIL, cheaper
  • 0.08%ICSH
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

CBIL 3rd cheapest of 78 funds

ICSH 10th cheapest of 78 funds

CBIL vs ICSH Dividends

Last 12 months to Nov 4, 2026
Yield (12M)
CBIL No data
ICSH 4.12%
Payout (12M)
CBIL No data
ICSH $2.07
Last payment
CBIL $0.06
ICSH $0.18
Ex-dividend
CBIL Oct 30, 2026
ICSH Nov 2, 2026
Paid on
CBIL Nov 2, 2026
ICSH Pays Nov 5, 2026
Frequency
CBIL Monthly
ICSH Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CBILMonthly · 5 paymentsAll CBIL payments⁠
One bar per payment. 5 payments from 2023 to 2026 YTD. Jun 30, 2026 $0.04; Jul 31, 2026 $0.08; Aug 31, 2026 $0.32; Sep 30, 2026 $0.05; Oct 30, 2026 $0.06. Use the arrow keys to read each point.$0$0.2520232026YTD
ICSHMonthly · 46 paymentsAll ICSH payments⁠
One bar per payment. 46 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.20; Mar 1, 2023 $0.16; Apr 3, 2023 $0.18; May 1, 2023 $0.18; Jun 1, 2023 $0.19; Jul 3, 2023 $0.20; Aug 1, 2023 $0.22; Sep 1, 2023 $0.22; Oct 2, 2023 $0.20; Nov 1, 2023 $0.23; Dec 1, 2023 $0.22; Dec 14, 2023 $0.22; Feb 1, 2024 $0.23; Mar 1, 2024 $0.22; Apr 1, 2024 $0.23; May 1, 2024 $0.22; Jun 3, 2024 $0.23; Jul 1, 2024 $0.22; Aug 1, 2024 $0.22; Sep 3, 2024 $0.22; Oct 1, 2024 $0.22; Nov 1, 2024 $0.21; Dec 2, 2024 $0.21; Dec 18, 2024 $0.21; Feb 3, 2025 $0.20; Mar 3, 2025 $0.18; Apr 1, 2025 $0.20; May 1, 2025 $0.19; Jun 2, 2025 $0.20; Jul 1, 2025 $0.20; Aug 1, 2025 $0.21; Sep 2, 2025 $0.19; Oct 1, 2025 $0.19; Nov 3, 2025 $0.19; Dec 1, 2025 $0.18; Dec 19, 2025 $0.19; Feb 2, 2026 $0.17; Mar 2, 2026 $0.16; Apr 1, 2026 $0.17; May 1, 2026 $0.17; Jun 1, 2026 $0.17; Jul 1, 2026 $0.17; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.17; Nov 2, 2026 $0.18. Use the arrow keys to read each point.$0$0.2520232026YTD

CBIL vs ICSH Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
CBIL No dataICSH 0.4%
Return per unit of riskSharpe ratio, 3 years
CBIL No dataICSH 0.87
Worst fallMax drawdown, 5 years
CBIL No dataICSH −0.7%
Market sensitivityBeta, 5 years
CBIL −0.37ICSH 0.04

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