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ICSH vs XBOX

iShares Ultra Short Duration Bond Active ETF

ICSHACboe

Roundhill Box Spread ETF

XBOXCCboe

Overlap

Expense ratio

ICSH −0.11pt a year

ICSH0.08%XBOX0.19%

Avg volume · 30D

ICSH 24.9×the volume

ICSH1.64MXBOX66K

ICSH vs XBOX Performance

Jul 31, 2026 – Oct 30, 2026

+0.8%ICSH+1.0%XBOX

Jul 31, 2026 to Oct 30, 2026. ICSH +0.8%. XBOX +1.0%. Use the arrow keys to read each point.0%0.2%0.4%0.6%Jul 2026Sep 2026Oct 2026
Expense ratio
ICSH 0.08%, better
XBOX 0.19%
Fund size
ICSH $8.97B
XBOX $356M
1Y total return
ICSH +3.6%
XBOX No data
Yield (12M)
ICSH 4.13%
XBOX No data
Holdings
ICSH 408
XBOX 4
Avg volume (30D)
ICSH 1.64M sh, better
XBOX 66K sh
NAV per share
ICSH $50.47
XBOX $101.52
52W range

ETF.net Grade

ICSH: Cost 89, Risk 53, Mission 100, Tradability 76, Holdings 95, Durability 90. XBOX: Cost 38, Risk 55, Mission not scored, Tradability 44, Holdings 41, Durability 38.
Pillar letters and Scores for ICSH, XBOX, with each pillar’s weight
PillarICSHXBOX
Cost30% weightA89HigherD38
Mission25% weightA100Not scored
Risk15% weightC53B55Higher
Tradability15% weightA76HigherC44
Holdings10% weightA95HigherC41
Durability5% weightA90HigherD38

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. ICSH and XBOX 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 XBOX 66th of 78 funds in the Cash & Ultra-Short Income Category.

  1. Rank 1AICSHiShares Ultra Short Duration Bond Active ETFScore 85
  2. Rank 2ACLIPGlobal X 1-3 Month T-Bill ETFScore 82
  3. Rank 64CSCUBSterling Capital Ultra Short Duration Bond EtfScore 46
  4. Rank 66CXBOXRoundhill Box Spread ETFScore 42
  5. Rank 67CCBOXCalamos Tax-Aware Collateral ETFScore 40

Our read on each fund

ETF.net Research

ICSHAiShares Ultra Short Duration Bond Active ETF

XBOXCRoundhill Box Spread ETF

In short

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.

XBOX No data

Stated mandate

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.

XBOX No data

Why people hold it

  • 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.

XBOX No data

Worth knowing

  • 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.

XBOX No data

Full ICSH profile⁠

Full XBOX profile⁠

ICSH vs XBOX 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.

ICSH vs XBOX Cost

Overpaying XBOX vs ICSH

$2,263

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

  • ICSH 0.08%

    $1,689

  • XBOX 0.19%

    $3,952

$10,000
30 years

Cost over time

  • ICSH 0.08%
  • XBOX 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K051015202530XBOX $3,952ICSH $1,689

Year by year

YearICSHXBOXOverpaying
10$147$347$200
20$575$1,351$776
30$1,689$3,952$2,263

Expense ratio

  • 0.08%ICSH, cheaper
  • 0.19%XBOX
  • Middle half of Cash & Ultra-Short Income funds
  • Median 0.18%

ICSH 10th cheapest of 78 funds

XBOX 42nd cheapest of 78 funds

ICSH vs XBOX Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
ICSH 4.13%
XBOX No data
Payout (12M)
ICSH $2.08
XBOX None
Last payment
ICSH $0.17
XBOX No data
Ex-dividend
ICSH Oct 1, 2026
XBOX No data
Paid on
ICSH Oct 6, 2026
XBOX No data
Frequency
ICSH Monthly
XBOX No data

Distribution history

Per share, 2023 to 2026, same scale for both

ICSHMonthly · 45 paymentsAll ICSH payments⁠
One bar per payment. 45 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. Use the arrow keys to read each point.$0$0.2520232026YTD
XBOXAll XBOX payments⁠

No distribution history available.

ICSH vs XBOX Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
ICSH 0.4%XBOX No data
Return per unit of riskSharpe ratio, 3 years
ICSH 0.87XBOX No data
Worst fallMax drawdown, 5 years
ICSH −0.7%XBOX No data
Market sensitivityBeta, 5 years
ICSH 0.04XBOX 0.04Same figure. Both funds show the same value, so neither comes out ahead.

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