CSHI: NEOS Enhanced Income 1-3 Month T-Bill ETF
NEOS · Bonds / Fixed Income · Tracks T-Bills
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year CSHI paid 4.8% but returned +4.5% in total, so about 94% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | 63% |
| Earned % (1 year) | 94% |
| Earned % (full history, up to 5 yrs) | 96% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 70.2 / 100 · rank #48 of 420. How the score works
Risk
| Sortino ratio (1Y) | 1.09 |
| Sharpe ratio (1Y) | 0.81 |
| Steadiness vs S&P 500 | 500%+ |
| Beta to S&P 500 | 0.04 |
| Correlation to S&P 500 | 0.65 |
| Max drop (1Y) | -0.3% |
| Max drop (up to 5 yrs) | -1.7% |
| Trend | Downtrend |
| History | 4.2 yrs |
Vs. BIL (what it's built on)
| Upside capture | 94% |
| Downside capture | -35% |
| Capture ratio | – |
| Beta | 0.09 |
| Correlation | 0.04 |
| Tracking | Weakly |
On days BIL rose, CSHI caught 94% of the gain; on days it fell, CSHI took -35% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-14 | $0.2070 |
| 2026-09-09 | $0.2070 |
| 2026-08-12 | $0.2070 |
| 2026-07-15 | $0.1950 |
| 2026-06-10 | $0.1940 |
| 2026-05-13 | $0.1950 |
| 2026-04-15 | $0.1950 |
| 2026-03-11 | $0.1940 |
| 2026-02-11 | $0.1990 |
| 2026-01-14 | $0.1990 |
| 2025-12-24 | $0.1990 |
| 2025-11-26 | $0.2050 |
Funds that track the same thing
Other T-Bills income funds, ranked by DT Score. See them all · Compare CSHI with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| TBIL F/m US Treasury 3 Month Bill ETF | Bonds / Fixed Income | 4.0% | 3.7% | +3.7% | 102% | 84% | -20% | Weakly | 61 | 83 | Mixed |
| SGOV iShares 0-3 Month Treasury Bond ETF | Bonds / Fixed Income | 3.6% | 3.3% | +3.4% | 102% | 84% | 66% | Closely | 58 | 73 | Downtrend |
| BIL SPDR Bloomberg 1-3 Month T-Bill ETF | Bonds / Fixed Income | 3.5% | 3.3% | +3.3% | 99% | – | – | – | 55 | 73 | Downtrend |
About CSHI
| Issuer | NEOS |
| Structure | ETF |
| Category | Bonds / Fixed Income |
| Strategy | T-bills/bonds plus S&P 500 put-spread option income; monthly |
| Underlying | 1-3 month T-bills + SPX put spreads |
| Exposure | T-Bills / Cash-Like |
| Index linkage | Partial - options/overlay on index |
| Pays | Monthly |
| Expense ratio | – |
| Launched | 2022-2024 |
| Uses leverage | No |
| Upside capped | No |
| Rate sensitivity | Moderate |
| Return of capital common | Sometimes |
| Tax notes | Sec.1256 index options; part ordinary income |
Research notes: Expense ratio not retrieved. Inception approximate.
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